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.

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