Senior Operational Risk Manager

  • Competitive
  • Manama, Capital Governorate, Bahrain
  • Permanent, Full time
  • Arab Banking Corporation
  • 17 Apr 19

To champion the further development and implementation of the operational risk management framework across all Units of ABC Group.

This includes:

  • Providing strategic input for and challenge of the (re)development of the various components of the group-wide framework for the management of operational risk;
  • Actively coordinate and support the integration of the approaches for management of non-financial risk with a view of increasing effectiveness and efficiency of the management of non-financial risk;
  • (Facilitation) of the implementation of the group-wide framework for management of operational risk in Bahrain and other Units;
  • Supporting the management of operational risk by the first line;
  • Provide close assistance to second line Risk Departments of Units;
  • Overseeing the further deployment of the group-wide GRC tool;
  • Overseeing the further development of the group-wide GRC tool;
  • Overseeing the GRC Center of Competence;
  • Overseeing the processes for identification and controlling of risks in existing and new activities and products;
  • Representing the Operational Risk Function in efforts to launch new products, change processes, implement systems, etc.;
  • Analysis of risk data and translating same in action plans;
  • Reporting of risks and status of risk management;
  • Preparation of Operational Risk Committees/ attending of Operational Risk Committees Units;
  • Raising awareness and promoting best practices for the management of operational risk;

To deputise for the Group Head of Operational Risk Management

The job holder needs to have a thorough understanding of the products and business processes and be familiar with operational risk management practices and regulatory requirements.  The job holder should be able to articulate these and have meaningful discussions with internal and external stakeholders at various levels. The job holder should also never lose sight of the “big picture” of the countries and markets ABC is in and the overall trends in the financial industry.