Operation Risk Management Role

Job Description:

Roles and Responsibilities

• Preforming Risk Analytics activities to develop models and support the bank on various analytical initiatives
• Assist in modeling key risk estimates PD, LGD and EAD for AIRB and IFRS9 framework
• Regularly engage in model development, validation, and re-development activities
• Other risk analytics activities include assisting in review and re-development of Macro-Economic Model, RAROC Calculator Risk Adjusted Return on Capital
• Period reporting (internal & regulatory) of various Risk Metrics
• Engage in model risk management activities
• Develop / review ORM framework including policies, procedures about identification, assessment, monitoring and reporting of operational risk
• Assist to ORM functions like RCSA, incident management, Loss data management, BCP
• Assist in preparing varius risk reports
• Carrying out review of ORM framework of financial institutions
• Assist in developing and maintaining policies and frameworks including operational risk • Managing operation risk and its aspects like loss data management, incident management, RCSA, KRI, control assessment and control testing, BCP
• Experience in monitoring and reporting of RCSA, KRI, control testing, Loss data etc.
• Develop and set operating limits, measure, and monitor the risk level /limits per the policies and reporting.
• Support in RBI, Statutory and Internal audit
• Develop and review Stress Testing, Scenario & Sensitivity Analysis of the Banks

Desired Candidate Profile

• Should be proficient in MS Excel and PowerPoint
• Should have excellent communication skills (oral, written, and email drafting skills)
• Postgraduate with minimum 3 years of experience in the Banks, NBFCs
• Knowledge of local markets and regulatory landscape
• Good organizational, analytical, problem-solving, and project management skills • Understanding of banking products, operations and strong knowledge of regulatory landscape and regulations in risk, capital, operation, and compliance
• Understanding of risk appetite, risk & control assessment framework,
• Relevant experience in banking functions like Credit, retail operations, Trade Finance, Treasury, risk management .
• Understanding of retail banking, corporate banking, capital markets, trading, and other financial services.
• significant / long term travel to client locations in the UAE, Bahrain, Kuwait, Saudi Arabia and other countries in Middle East will be required