Our client is an International Bank. They are currently seeking a suitable applicant to join their team to cope with the bank’s expansion. The candidate is responsible for:
Responsibilities:
- Aggregating and analysing risk events reported by the business units into the Basel categories.
- Performing root cause analyses on identified risk events to recommend improvements to prevent these risk events from re-occurring in future.
- Assisting the Principal Risk Owners and Principal Risk Coordinators with the identification of key risk indicators in their business units.
- Assisting the Principal Risk Owners and Principal Risk Coordinators with the identification of key risks and mitigating controls in their business units, as well as action plans to address any gaps in the mitigating measures identified.
- Considering and suggesting methods to improve risk analysis and reporting to the Operational Risk Forum, Risk Committee, Executive Management Team and Board Audit, Risk and Compliance Committee.
Requirements:
- University graduate in Economics, Business Administration, Accounting, Finance or related
- Minimum of 5 years bank experience and 3+ years operational risk
- Knowledge of Banking systems ( SAP) and processing activities
- Thorough understanding of the concepts of counterparty and product risk, as well as the Regulatory environment;
- Ability to think outside the box and adapt quickly to new situations;
- Exceptional communication skills and present immaculately.
- Have very strong financial products knowledge.