Specialist- Business Control

JOB PURPOSE:

The role holder is responsible for coordinating the Operational Risk Management and Business Continuity (BCM) initiatives within Consumer Banking (CB) Global Private Banking (GPB) Magnati.

Support VP Business Control in overseeing the finalization of CB DOA, CB pricing DOAs, authorized signatories, and operationalization of activities.

Support VP Business Control in facilitating governance-related activities for CB in line with the bank principles as required.

ACCOUNTABILITIES:

Operational Risk & Business Continuity Management:

1. Risk & Control Self-Assessment (RCSA) for all CBGPB and Magnati units in liaison with Group Operational Risk Management Unit (GORM).
2. Monthly reporting of Key Risk Indicators (KRIs) by all CBGPB and Magnati units through Archer system.
3. Submission of Action Plans related to breached KRIs by all applicable CBGPB and Magnati units through Archer System.
4. Reporting of Operational Risk Incidents (ORIs) by all applicable CBGPB and Magnati units through Archer System.
5. Completion of Business Impact Assessment (BIA) exercise by all CBGPB and Magnati units.
6. BCM led activities for CBGPB and Magnati.
7. Coordinate implementation update and continuous use of ORM tools. Spread awareness of ORM in general and ORM tools.
8. Act as a liaison between CBGPB and Magnati business units and Group Operational Risk Team.

Business Governance:

1. Review and finalize development of CB DOA to ensure clear roles and responsibilities are in place.
2. Oversee and review operationalization of CB Product Pricing DOA and ensure adequate and aligned control mechanism is in place by Group/Business Finance.
3. Facilitate system updates in line with revised DOAs.
4. Periodically review and monitor CB Authorized Signatories log and ensure it is within approved measures.
5. Facilitate Adhoc Reviews ongoing Governance activities (BAU projects).

People Management:

Collaborate with all stakeholders to ensure seamless assignments delivery.

Demonstrate adherence to FAB's values.

Strategic Contribution:

Support VP Business Control in implementation of CB Strategy in alignment with the Groups Business Governance Framework to ensure vertical alignment and horizontal integration with other interfacing departmental strategies.

Ensure internal dashboard and action plan is updated prior to Business Governance monthly team meetings.

Budgeting and Financial Planning:

Support VP Business Control in control and management of budgets allocated for all CB Business Control projects.

Qualifications :

Minimum Qualification:

Bachelors Degree or Higher in Management in Banking or Finance or related discipline.

Minimum Experience:

2 years relevant experience in the banking sector with at least 1 year in similar positions of progressively increasing managerial responsibilities in the function.

Remote Work :

No

Employment Type :

Fulltime