Operational Risk Management- Consultant

Dicetek LLC; Sharjah; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a dedicated Operational Risk Management professional to join their team. This role involves reviewing and monitoring key risk indicators, assisting in business continuity activities, and providing training to ensure effective risk management practices. The ideal candidate will possess a Bachelor's degree and have 2-5 years of relevant banking experience, particularly in operational risk management or internal audit. The company offers a collaborative environment where your contributions will significantly impact risk management strategies and practices. If you are committed and possess strong communication skills, this opportunity is perfect for you.

Qualifications

• 2-5 years of experience in banking with a focus on Operational Risk Management.
• Certifications in Risk Management or Audit preferred.

Responsibilities

• Review and monitor RCSAs and KRIs for relevance and reporting.
• Assist in Business Document reviews and Business Continuity activities.
• Provide training and support for ORM activities.

Skills

Written Communication Skills

Oral Communication Skills

Interpersonal Skills

Knowledge of Risk Management

Knowledge of Accounting

Knowledge of Auditing

Knowledge of Banking Operations

Knowledge of Financial Management

Knowledge of BASEL Regulations

Knowledge of CBUAE Regulations

Education

Bachelor Degree

Tools

Risk Management Software

Job description

Minimum Requirements

• 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.