Provide support to Unit Head / Manager OR and BCP in developing and implementing Operational Risk Management Policies and Procedures.
Assist in planning and conducting Risk & Control Self-Assessment exercises for business unit / support function and facilitate them in the identification, assessment, monitoring and reporting of key operational risks.
Facilitate Business Unit / Support Function in the identification and assessment of operational risks before launching of new product, system and other major initiatives through ORAP (Operational Risk Assessment Process).
Assist / facilitate Business / Support Units in the identification and reporting of Key Risk Indicators against their respective thresholds.
Responsible for collection, maintenance and reporting of Operational Risk loss data / operational risk events reported by Business Units / Support Functions.
Assist in implementing ORM system.
To keep abreast of latest operational risk management techniques and industry best practices.
Assist in preparation of reporting dashboard / risk review reports for Board Risk Committee and Operational Risk & Business Continuity Steering Committee.
To investigate root causes of operational risk events and recommend mitigating controls.
To ensure meticulous compliance with Bank Policies, processes, procedures and Regulator’s requirements and coordinate for Internal & External Audit, SBP Inspection, Review by Compliance or other regulatory bodies.
Pakistan, Karachi