Position: Operational Risk Manager

Work Level: Middle Management

Industry Type: Banking

Function: Banking Operations (Operational Risk)

Job Summary:

- We are seeking a highly skilled and analytical Operational Risk Manager to join a leading Workassist Hiring Partner in the Banking industry.

- This Middle Management role is critical for providing expert guidance and oversight on Operational Risk Management across the organization.

- The manager will be responsible for implementing and maintaining risk management frameworks, utilizing advanced risk tools (CSA, KRI), ensuring strict adherence to deadlines, and fostering a culture that prioritizes both compliance and Diversity & Inclusion in risk strategy.

Key Responsibilities:

Operational Risk Strategy and Training:

- Provide expert advice, guidance, and comprehensive training to Business Units (BUs) and Support Units (SUs) on complex operational risk matters, including detailed risk management processes for unit adoption.

- Engage directly with the Unit Operational Risk Managers (UORMs) across relevant BUs/SUs to facilitate the use of specialized operational risk tools and methodologies.

- Ensure the timely completion of all tasks and risk mitigation activities, demonstrating a strong ability to Keep Deadlines.

Framework Implementation and Review:

- Facilitate the use of tools like Risk Event Reporting, Control Self-Assessment (CSA), and Key Risk Indicators (KRI) to enable units to accurately identify, assess, and mitigate key operational risks.

- Conduct meticulous reviews on operational risk metrics (Risk Events, CSA, KRI) as appropriate, including assessing the adequacy of unit responses and action plans as effective risk mitigants.

- Manage and maintain the Operational Risk Management System (ORMS) to enable accurate and regular risk reporting and analysis.

Compliance and Stakeholder Liaison:

- Liaise closely with partners in various control and support functions (e.g., Credit, Compliance, Legal) to effectively address operational risk issues arising in end-to-end processes.

- Work with internal support parties (e.g., ORMS support) to ensure system stability and functionality.

- Apply knowledge of potential risk areas including Digital transformation, Financial Risk, and regulatory changes to provide informed Risk Advisory.

Qualifications:

Experience: Relevant experience in Operational Risk Management within the Banking or Financial Services sector.

Core Expertise: Mandatory strong expertise in Operational Risk Management, Operation Risk, and Risk Advisory.

Risk Methodologies: Proven experience facilitating and implementing risk tools such as Risk Event Reporting, CSA, and KRI.

Education: Graduate degree (Post-graduate/MBA preferred)