Operational Risk Management- Consultant

Minimum Requirements

1. Bachelor Degree with 2 - 5 Years’ experience in banking with at least one to two years in Operational Risk Management or in internal audit/consultancy of operational risk management.
2. Certifications in Risk Management, Audit, Business Continuity, etc. (preferable)

Personal & Technical Competencies

1. Good written & oral communication skills
2. Highly committed individual
3. Interpersonal skills and balanced personality
4. Knowledge of risk management, accounting, auditing, banking operations, financial management, systems, BASEL, CBUAE regulations, etc.

Job Responsibilities

1. Review, monitor, follow up and assist in:
2. RCSAs including control testing
3. KRIs including assessing the relevance of the KRI, KRI monitoring and reporting of threshold breaches
4. Loss events reported by the Business Units including identification of near miss events and reviewing root cause analysis
5. Reviewing issues and action plans including timely implementation of corrective action plans and ongoing monitoring and review of risks escalated
6. Assist in business document reviews and business continuity activities
7. Provide requisite training and support to ensure business unit risk champions and risk assessors perform all ORM related activities
8. Support the implementation and sustainment of ORM programs and practices
9. Other ORM activities as assigned by management from time to time