Job Objectives:

The incumbent will assist to Manager Operational Risk for providing effective operational fraud risk analysis to aid in the development and implementation of sound operational risk polices procedures while optimizing operational risk/return trade off.

Key Responsibilities

1. Development implementation of operational risk management policy, framework, procedures strategies:

• Assist MOR in designing, development, implementation/ maintenance of operational risk management strategies, limits, framework, policies and procedures to mitigate / minimize losses resulting from inadequate or failed internal processes, people and systems or external events and to support bank wide Risk Management.

2. Development implementation of operational risk management tools:

• Prepare compile data for Risk Control Self Assessment (RCSA) of Business Units.
• Prepare compile data for Operational Key Risk Indicators (OKRIs) of Business Units.
• Prepare analysis reports on results of operational risk tools on regular timely basis.
• Analyze the results for continuous updating of operational risk tools as per Bank changing environment.

3. Operational risk assessment of branches/business units:

• Execution of operational risk assessment of branches and business units and prepare revenant gap reports by visiting sample branches/business units to oversee the effectiveness of control implemented and independent review.

4. Analyze operations fraud risk data:

• Conduct root cause analysis of frauds for executive management, the board, regulators and other key stakeholders as when required. And make recommendations through MOR CRO for improvements.
• Analyzing operational results of operational processes, people and systems external events and provide recommendations.

To assist in development of new reporting and enhance existing

• reporting presentation formats. Support analysis with various dimensions of different operating areas and validate operational risk models performance and provide recommendations accordingly.
• Prepare periodic reports analysis for executive management, the board, regulators and other key stakeholders as when required.

5. Review of Bank policies, procedures and systems:

• Conducting periodic review of Bank policies, procedures and systems for identifications of gaps and to ensure regulations are adhered to at-least and banking best practices are being proposed as a proactive approach where needed.

6. Others.

• Assist in review maintenance of centralized loss database in accordance with BASEL/SBP guidelines.
• Coordinate with other departments/ business units where needed i.e. for fraud analysis, loss database maintenance, Insurance coverage, etc.
• Assist in review conducting analysis on inspection, internal, external review audit reports and complaints.
• Assist in follow-up and resolution of all meeting minutes, decisions taken, recommendations of the management with concerned departments/ management, etc.
• Assist MOR in conducting workshops.

Perform other related duties as required and assigned by management.

Job Requirements

Educational Qualification, Knowledge, Skills, Abilities Other attributes

• Minimum 16 years of education from foreign/HEC recognized university, in business administration/commerce/accounting/ finance or economics.
• Four to five years experience of audit / credit / financial accounts / risk management / retail management in an audit firm or corporate / multinational organization.
• Must have strong understanding of fraud forgery concepts and well versed with industry trends and fraud mitigation options coupled with strong investigation / analytical reporting skills.
• Strong analytical, interpersonal and communications skills.
• Ability to adapt to a changing environment.
• Holds no bars against travel and relocation.

Highly proficient in word processing, spreadsheet, and presentation applications and inclined towards working in a technology-driven environment