Operations
Risk Manager
Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment?
Are you looking for an employer who promotes individual excellence and mutual respect in a team-driven culture with a key focus on social empowerment?
The
Co-operative Bank of Kenya, “The Kingdom Bank” is the place for those looking
to new horizons.
Are you a highly motivated professional with a successful track record of
strategic and operational delivery of results?
Do you
possess strong financial acumen coupled with a solid understanding of business
structures, processes, and information flow in the banking sector?
We
have an exciting opportunity for an Operations Risk Manager to join our Risk
Department.
Reporting
to the Chief Risk Officer, the role holder will be responsible for
identification, measurement, mitigation and reporting of Operations risk
exposures of the Bank.
This
will involve the following key risk parameters – Operations Risk policy
maintenance, Risk Registers, Risk Control Self Assessments (RCSA), Risk events
reporting & loss data analysis and Key Risk Indicators (KRIs).
The Role
The Role
Specifically,
the successful jobholder will be required to:
- Champion
the overall Operational Risk Management Framework and best practices
within the Bank while acting as a center of excellence for Operational
Risk.
- Develop
and communicate the Operations risk appetite and risk limits that will be
applied by the business & support units.
- Assist
in the development of Operations risk mitigation strategies for the bank’s
critical operations and for monitoring the same. Work with Business and
Operations units within the Bank to establish, maintain and continuously
improve risk management capabilities.
- Coordinate
the Risk Control Self assessments (RCSA) framework across the various
Support and Business units of the bank. This will also include collation
and reporting of the results.
- Ensure
that the Bank identifies, measures, reports and minimizes Operations risk
exposures.
- Generate
regular reports that monitor the various risk exposures that the Bank
faces. These include but not limited to Operational Risks, Risk Events and
Loss Data Base.
- Review
Bank processes to ensure that adequate controls are in place to identify,
monitor and control risks associated with the processes.
- Document,
review and regularly update the Bank’s Risk Register, Key Processes &
Risk Indicator Registers.
- Assist
in reviewing internal policies, procedures, new products & services,
and make recommendations for enhancement of controls and risk mitigation
as appropriate.
- Assist
the Chief Risk Officer in drafting the Board Audit & Risk Committee
quarterly reports.
- Develop
and conduct Operational Risk Awareness training.
- Implement
the Business Continuity Plans for the unit.
- Develop
Operational Risk Management standards and tools that align to industry
best practices and ensure effective processes are in place to identify
measure, manage, monitor and report on operational risks.
Desired Skills and Experience
- A
Bachelor’s degree in business administration, finance or related field
from a recognized university with a Risk Management qualification(s)/ACIB/AKIB
or CPA.
- Five
(5) years hands-on Banking experience in a busy front or Back office
Operations function, IT or Business related function. Experience of a
minimum two (2) years in a Risk management related function, will be an
added advantage.
- Thorough
knowledge of CBK prudential guidelines.
- Ability
to clearly communicate strategy, plans and issues across the organization
by developing business cases, presentations & stakeholder
communications even with senior management.
- Strong
analytic, logical reasoning, and problem solving, risk vs. reward skills
- Ability
to work well in a team, as well as manage multiple priorities in quick
time frames
How to Apply:
If you are confident that you fit the role and person profile and you are keen to add value to your career then please forward your application enclosing detailed Curriculum Vitae to jobs@co-opbank.co.ke indicating the job reference number ORM/RM/2016 by 14th April, 2016.
We are
an equal opportunity employer.
