• Develop and Update Operational Risk policies and procedures for Operational Risk Management.
  • To implement a strategic plan to prevent, eliminate and mitigate operational risks.
  • Assist in identifying and evaluate risk areas across the operational activities and provide support to mitigate.
  • Keep abreast of the latest operational risk Management techniques and industry best practices.
  • Coordinate the response to operational incidents and systemic risk events, ensuring timely resolution and reporting.
  • Analyze data to identify trends and patterns that could indicate potential risks or vulnerabilities.
  • Conduct training sessions and raise awareness among employees regarding operational and systemic risk management.
  • Ensure that the team is visiting as per assigned approved Risk based plan and also conduct surprise visits for branch risk evaluation, full scope evaluation (FSE) and limited scope evaluation (LSE).
  • Submission of due SBP reports, returns complete, accurate in all respective on timely basis.

Job Details

Functional Area:
Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Job Location:
SMCH Shahrah-e-Faisal, Karachi, Pakistan
Gender:
No Preference
Minimum Education:
Masters
Degree Title:
MS or MBA in Finance or Equivalent.
Career Level:
Experienced Professional
Experience:
1 Year - 2 Years (Operational Risk)
Apply Before:
Sep 24, 2024
Posting Date:
Sep 13, 2024

ASA Microfinance Bank (Pakistan) Limited

Banking/Financial Services · 2501-3000 employees - Karachi

ASA Microfinance Bank (Pakistan) Limited (formerly ASA Pakistan Ltd) is wholly owned subsidiary of ASA International, incorporated under the Microfinance Institution Ordinance 2001. Commenced its operations in September, 2008. Microfinance sector in Pakistan has demonstrated a robust growth over the last decade; however, it has still a long way to lead. The sector was initially dominated by the government sponsored rural support programs and NGOs who were working for social development and providing microcredit services. The scenario has been changed significantly over the past many years with the inclusion of some specialized microfinance institutions. Despite growing interest (both state and commercial) in the MF sector, there is still a huge gap in demand and supply in the Pakistani MF Market. This large gap encouraged ASA International to achieve it mission to financially empowering the poorest of Pakistan.

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