Operational Risk Management- Consultant

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

Job summary

A leading company in the UAE is seeking a professional in Operational Risk Management with a Bachelor's degree and 2-5 years of relevant banking experience. The role involves reviewing risk assessments, conducting training, and ensuring compliance with regulatory standards within the banking operations environment.

Qualifications

• 2-5 years of experience in banking, including Operational Risk Management.
• Certifications in Risk Management, Audit, or Business Continuity are preferable.

Responsibilities

• Review and monitor RCSAs and control testing.
• Assess and report KRIs and threshold breaches.
• Provide training and support for ORM-related activities.

Skills

Communication Skills

Interpersonal Skills

Knowledge of Risk Management

Financial Management

Education

Bachelor's Degree

Tools

BASEL Regulations

CBUAE Regulations

Job description

Qualifications

• Bachelor's Degree with 2-5 years of experience in banking, including at least one to two years 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 and oral communication skills
• Highly committed individual
• Interpersonal skills and a 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, monitoring, and reporting threshold breaches
• Loss events reported by Business Units, including identification of near-miss events and reviewing root cause analysis
• Reviewing issues and action plans, including timely implementation of corrective actions and ongoing monitoring and review of escalated risks
• Assist in business document reviews and business continuity activities
• Provide training and support to ensure business unit risk champions and risk assessors perform all ORM-related activities
• Support the implementation and sustainment of ORM programs and practices
• Other ORM activities as assigned by management