Risk Department,Rwanda.Senior Manager, Operational Risk

KEY RESPONSIBILITIES:

• Ensure adherence to the operational risk management framework in the identification, assessment, mitigation, control, and monitoring of risk. In this regard, ensure sufficient traction and follow through management actions to mitigate identified operational risks and Audit failures, escalating issues to the Head of Risk, Head of departments, and Regional Business Managers.

• Analyze and consolidate the BANK Operational Risk Profile, relevant loss, and risk reporting to ORCCO, DORCCO, and the Head of Risk Management, ensuring the accuracy and completeness of data.

• Ensure that relevant policies, processes, and procedures are effectively embedded within the business, especially branches. Facilitate the design and implementation of Risk control self-assessment (RCSA) and related key risk indicators (KRI) and monitoring plans for compliance and operational risk management.

• Risk review of new business initiatives in products, processes, and new markets through the New Product Approval process.

• Ensure the Bank’s business processes have a resilient Key Controls Framework.

• Lead and coordinate training efforts to promote risk management and compliance culture within the bank. Ensure gaps are identified, and staff are suitably trained on operational risk.

• Value-add to the Business by identifying new and developing risks through reviews of new products and processes and participating in post-implementation reviews.

• Track the progress of remedial control weaknesses identified by entities and self-assessments and report to the head of risk management and Management through ORCCO meeting.

• Assist the Head of risk in preparing Management, Board, and Group reports.

DAILY RESPONSIBILITIES

• Daily risk monitoring through Key risk indicators and Key Control testing.

• Planning, scheduling, and conducting risk control self-assessment workshops.

• Data collation and analysis for end-of-month operational risk reporting.

• Engagement with various Regional Service Quality, Compliance managers, and Auditor managers in risk identification, assessment, and reporting from the bank’s entities, and ensure outstanding operational risk issues and action plans are being undertaken timely.

• Review and analysis of audit reports to identify key vulnerabilities.

• Research on emerging best practices on operational risk management practices and training of staff.

MINIMUM POSITION REQUIREMENTS

Academic & Professional

Work experience