Assistant Manager Operational Risk

Job Purpose: The purpose of this role is to support the implementation and maintenance of the Operational Risk Management framework and identify, assess, manage, and report operational risks to ensure effective monitoring and compliance across the organization.

Responsibilities: Provide support in meeting Department s objectives, and in implementing bank-approved ORM Plan. Work closely with the Senior Operational Risk manager in implementing the Operational Risk Framework across the bank. Support and monitor the implementation of Operational Risk Tools i.e., Risk and Control Self-Assessment (RCSA), KRI, SII, Incident, Risk Acceptance and Actions across various lines of business within the bank that includes actions required from new products as well as for the bank s outsourced vendors. Track the actions captured within the RCSAs and ensure the implementation of the proposed actions within the designated timeframe. Support the Operational Risk Portfolio Leads to conduct independent governance and monitoring of operational risks tools to ascertain any control deficiencies and propose mitigating controls to enhance the control environment Assist the Senior Operational Risk portfolio leads and business & functions FLOD with the escalation and recording of Operational Risk events, challenge remedial and preventative actions to prevent reoccurrence as well as ensuring any customer issue is being handled and resolved on a priority basis to reduce any reputational losses to the bank Collect, review and report KRI s / Risk Appetite metrics, analyze and escalate in case of KRI threshold breach/irregular variance to identify the root case and enforce remedial and preventative actions. Support in ensuring operational losses are written off in a timely manner and through