Manager Operational Risk

Mobilink Bank

Posted Sep 03, 2024 325 views Report Job

What is Manager Operational Risk - MMBL?

This position is responsible for implementing and maintaining a robust Operational risk framework for the bank to proactively prevent/mitigate bank operational risks and losses

What Manager Operational Risk - MMBL does?

Develop & Implement operational risk policies, procedures & standards for Operational risk management.
Perform operational risk identification and assessment in all business units with specific focus on Branchless Banking Operations.
Advise stakeholders for Implementation of operational Controls to prevent and mitigate operational risks in various Operational domains of the
bank. Should be able to work in digital environment & focused on automating the processes & procedures.
Track and monitor operational risk issues for business units, products & data analysis ensuring proper and accurate reporting is done by various
stakeholders.
Report operational risk issues and decisions to senior management on regular basis.
Risk Review of departmental policies, procedures, manuals, frame works. BRDs, agreements, RPAs etc.
Performing UATs, system/application testing and advising relevant stakeholders to address associated risk issues.
Performing detailed risk review of Branchless banking operations and identifying risk & controls issues.
Analyse root causes of operational risks and provide support to mitigate risk through recommending changes in Policy, Procedures and/ or
processes / systems.
Develop strong relationship with key stakeholders and business partners by addressing issues/concerns in timely manner.
Drive automation of Operational risk processes and implementation of risk analytics.
Keep abreast of latest operational risk management techniques and industry best practices
Well versed with regulatory framework & guidelines for banks specifically for Microfinance, Branchless Banking & Digital Banking
Work closely with key business stakeholders to ensure that there is a consistent and effective management of all aspects of the operational risk
framework to identify, assess & monitor operational risk faced by the bank both in branch & branchless domains.
To assist in developing Key Risk Indicators (KRIs) for operational risks to ensure the escalation of significant risk issues to appropriate
management levels
To undertake continuous monitoring of key controls / Key Risk Indicators to assess the proper functioning and adequacy of existing controls
leading to effective management of Operational Risk.
Work with the Line Manager to design RCSAs finalize exceptions / action items and review the RCSAs with the Risk Head.
Work with the cross functional teams to improve risk culture in the bank.
Team Management
Responsible for the day-to-day activities and guidance of their team members. Ensuring that all members understand the team s objectives and work together to achieve the goal.
Provide managerial directions where necessary and aiming to keep up the motivational level and team spirit.

What are we looking for and what does it require to be Manager Operational Risk - MMBL?

Hold a Master s degree from a reputable Institution in the fields of Business Administration/Banking & Finance/Risk / Operations or ACCA qualified or CA Finalist
Have 6-8 years of relevant experience in Risk/Audit/banks
Essential Skills
Must have understanding of Operational risk concepts.
Ability to analyse financial data relationship to identify operational risks
Ability to evaluate internal controls
Ability to build reports.
Sound communication and interpersonal skills
Analytical skills

Job Details

Industry:

Banking/Financial Services

Total Positions:

1 Post

Job Type:

Full Time/Permanent

Job Location:

Islamabad, Pakistan

Gender:

No Preference

Apply Before:

Sep 18, 2024

Posting Date:

Sep 03, 2024

Mobilink Bank

Banking/Financial Services · 1001-1500 employees - Islamabad

Mobilink Bank is providing banking services to over 42 million registered users including 16+ million monthly active customers across Pakistan. With a hybrid model that combines traditional microfinance with mobile/digital banking technologies, the bank now operates with over 100 branches and 200,000 branchless banking agents and provides a USSD (GSM) based digital channel offering savings, micro enterprise (MSME) loans, small housing loans, remittances, collection (utility bills and loan installments), mobile wallets, insurance, G2P, B2B & B2P payments; thus, playing a leading role in the promotion of financial inclusion. MMBL is committed to fostering a positive and productive workplace, and our core values reflect this focus. These values include promoting innovation and entrepreneurship, encouraging teamwork and collaboration, and prioritizing a customer-centric approach in all aspects of our business.