Operational Risk Manager

Skills & Experience:

• A Bachelor’s Degree in business or related field from a recognized University.
  
• Masters’ degree would be added advantage.
  
• Professional certifications such as ORM, IRM, FRM, PRM, or CRM are an added advantage.
  
• Eight (8) years’ working experience in a commercial bank or financial institution risk related environment, 5 of which should be in Operational risk management.
  
• Experience in engaging C-level management and senior executives in facilitating decision making and reporting.
  
• Strong understanding of risk management standards and frameworks and their applications.
  
• Experience with projects risk assessments with demonstrated ability to conduct project risk assessments.
  
• Excellent written and verbal communication, presentations skills and team player.
  
• Discretion in handling confidential information
  
• Collaboration: forms business partnerships that help drive the Bank’s Assurance agenda.
  
• Good knowledge of Banking laws and regulations
  
• Analytical thinking capability.
  
• Report writing and communication skills.
  
• Stakeholder Management
  

Method of Application

• Leading and overseeing the Operational Risk Management Framework —
  
• Developing, implementing, maintaining, reviewing, and updating policies, procedures, standards, and the overall ORM framework to ensure it remains effective and compliant with internal standards and external regulations.
  
• Providing second-line oversight — Independently challenging and monitoring the first line (business units) to ensure they proactively identify, assess, manage, mitigate, and monitor operational risks.
  
• Risk identification and assessment — Driving processes to identify emerging and material operational risks across the organization (e.g., through risk assessments, scenario analysis, risk and control self-assessments (RCSA), and key risk indicators).
  
• Monitoring and reporting — Establishing monitoring mechanisms for the risk and control environment; producing regular risk reports, dashboards, and escalations to senior management and executive committees on operational risk exposure, trends, and issues.
  
• Incident and loss management — Overseeing the investigation, analysis, and reporting of operational risk incidents/events/losses; ensuring root causes are identified and corrective/preventive actions are implemented and tracked.
  
• Governance and advisory role — Advising senior leadership on operational risk matters; supporting risk committees; influencing action plans to improve controls and reduce risk exposure.
  
• Regulatory compliance and interaction — Ensuring alignment with regulatory expectation; preparing for and responding to regulatory reviews or audits related to operational risk.
  
• Third-party, conduct, resiliency, and specialized risk oversight — managing or contributing to related areas like third-party risk, business continuity/resiliency, fraud, technology/cyber risks, process management, and conduct risks.
  
• Team leadership and culture — Building, leading, and developing a team of operational risk professionals; fostering risk awareness and a strong risk culture through training, communication, and collaboration across business lines and functions.
  
• Stakeholder engagement — Collaborating with other risk functions (e.g., credit, market, compliance), internal audit (third line), business units, and external stakeholders to ensure a holistic approach to enterprise risk management. Innovation: Keep abreast with emerging risks and new technologies that impact the bank and proactively offer solutions to mitigate