Operational Risk Management- Consultant

Dicetek LLC; Sharjah; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading financial institution in the UAE is seeking a Risk Management professional with 2-5 years in banking and expertise in operational risk management. The role involves monitoring controls, assessing risks, and providing training to business units. Strong communication and interpersonal skills are essential. Preferred candidates hold relevant certifications.

Qualifications

• 2 - 5 years of experience in banking, including operational risk management.
• Certifications in Risk Management or Audit preferred.

Responsibilities

• Review and monitor RCSAs including control testing.
• Assess KRIs and report threshold breaches.
• Identify near miss events from loss reports.
• Implement corrective action plans for escalated risks.

Skills

Risk Management

Communication skills

Interpersonal Skills

Education

Bachelor Degree

Job description

• Bachelor Degree with 2 - 5 Years’ experience in banking with at least one to two year in Operational Risk Management or in internal audit / consultancy of operational risk management.
• Certifications in Risk Management, Audit, Business Continuity, etc., (preferable)

Personal & Technical Competencies

• Good written & Oral Communication skills
• Highly committed individual
• Interpersonal Skills and balanced personality.
• Knowledge of risk management / accounting / auditing / banking operations / financial Management / systems / BASEL / CBUAE Regulations, etc.

Job Responsibilities

• Review, monitor, follow up and assist in :
• RCSAs including control testing
• KRIs including assessing the relevance of the KRI, KRI monitoring and reporting of threshold breaches
• Loss events reported by the Business Units including identification of near miss events and reviewing root cause analysis
• Reviewing issues and action plans including timely implementation of corrective action plans and ongoing monitoring and review of risks escalated
• Assist in Business Document reviews and Business Continuity activities
• Provide requisite training and support to ensure business unit risk champions and risk assessors perform all OR related activities
• Support the implementation and sustainment of ORM programs and practices.
• Other ORM activities as assigned by management from time to time