Operational Risk Management
JOB REF: RISK 02/2013
JOB PURPOSE:
Reporting to the Director Chief Risk Officer, the role holder will drive the implementation of a Group-wide
integrated ORM framework, define a risk-based approach to identifying, assessing, managing and reporting
group operational risks whilst ensuring the ORM framework is in place and consistently applied across the
enterprise.
Key Responsibilities:
Develop an enterprise –wide Group Risk management framework as per Basle Basel II accord and
regulatory requirement.
Develop and implement tools, for identification and assessment to identify control, manage and
measure enterprise–wide non financial Risks as per the group operational risk management policy.
Develop a framework of incident and loss reporting (LDM) event magnitude and frequency
measurement formulating lessons leant and development risk control recommendations.
Design of the Group’s risk control self assessment (RCSA) framework incorporating qualitative and
quantitative scores for management and control of operational risks.
Analysis of RCSA, LDM, audit report to build controls by mapping procedures and policies to comply
with internal, statutory and regulatory requirement.
Develop and keep actionable track on Group-wide risk profile and develop operational risk reports for
senior management and board to facilitate active operational risks oversight.
Develop and maintain New Product/Process and Geographies implementation process as per policy
and regulatory requirements.
Establish comprehensive and a continuous training program on various risks that the bank faces so as
to embed knowledge of policies and procedures across the business.
Set up advanced methods for calculation/ measurement of operational risk capital to help the Bank
save on regulatory Operational risk capital.
Review frequency and seriousness of breaches and significant increases in operational risk exposure
to maintain Bank’s Risk tolerance levels.
THE PERSON
For the above position, the successful applicant should have:-
Bachelors’ degree preferably in a Business related field.
A post graduate degree and/or qualification such as Masters of Business Administration (MBA).
Professional qualification in ACIB, AKIB, CPA(K), ACCA, IRM, PRM, FRM
Minimum 10 years relevant experience in progressive positions in Commercial Banking with at least 5
years Senior Management experience in Risk, Audit, Banking Operations, Credit or Finance.
Extensive experience in commercial Decision Support roles: strategic planning, budgeting and
forecasting.
Experience of developing strong working relationships with senior business executives and other
relevant key stakeholders.
Excellent Cross-Cultural People Management skills, Team Motivation and Leadership Competence.
Excellent communication and interpersonal skills
Planning, organizing, and problem solving skills Strong Financial/Risk analytical skills with a high level of accuracy
Initiative, self-drive and open minded
Attention to detail
Team Player
The above position is demanding for which the bank will provide a competitive package for the successful
candidates. If you believe you can clearly demonstrate your abilities to meet the criteria given above,
please submit your application with a detailed CV, stating your current position, remuneration level, e-mail
and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke.
To be considered your application must be received by 25th May 2013.
Only short listed candidates will be contacted.
Comments
Post a Comment