Operational Risk Management- Consultant

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

Job summary

A leading risk management firm based in the United Arab Emirates seeks an experienced professional for Operational Risk Management. Candidates should have a Bachelor's degree and 2-5 years of experience in banking, especially in operational risk or internal audit. We're looking for individuals with strong communication skills and knowledge of risk management regulations. This role offers a chance to develop ORM practices within the organization.

Qualifications

• 2 - 5 Years’ experience in banking.
• At least one to two years in Operational Risk Management or internal audit.
• Certifications in Risk Management, Audit, or Business Continuity are preferable.

Responsibilities

• Review, monitor and assist in RCSAs including control testing.
• Assess the relevance of KRIs and monitor threshold breaches.
• Identify near miss events and review root cause analysis.
• Review action plans and ensure timely implementation.
• Assist in Business Document reviews and Business Continuity activities.
• Provide training to risk champions and assessors.
• Support ORM programs and practices.

Skills

Good written & Oral Communication skills

Highly committed individual

Interpersonal Skills

Knowledge of risk management

Education

Bachelor Degree

Tools

BASEL regulations

CBUAE Regulations

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