Senior Operational Risk Analyst

Abu Dhabi Islamic Bank PJSC; Abu Dhabi; On-site; AED 240,000 - 480,000; Full time

Job summary

Abu Dhabi Islamic Bank PJSC is seeking a Senior Operational Risk Analyst to develop a center of excellence for ORM and drive implementation of the ORM framework across the organization. You will work with ORM champions to foster a culture of strong controls and proactive risk management.

The role requires 7 years in risk and banking, including experience with incidents, KRIs, and audits, and demands strong communication with senior management and training capabilities to propagate ORM concepts

Qualifications

• Bachelor’s Degree. CIA, CFE or operational risk certification preferred.
• Internal or external audit experience within a Big 4 firm or in an Operational Risk Management role for a large Financial Institution.
• Working knowledge of leading operational risk practices and regulatory requirements.
• Demonstrated ability to collaborate with Senior Management.
• Strong presentation and communication (verbal and written) skills.
• Knowledge around various banking processes and products.
• Knowledge of Islamic Banking’s products, processes, and organization.
• Bachelor’s Degree with 7 years of progressive Financial Services industry experience out of which at least 4 years in Risk management or Compliance role.

Responsibilities

• Develop a center of excellence for Operational Risk Management and implement the ORM Framework.
• Collaborate with ORM champions to foster a culture of strong controls.
• Support implementation of ORM policy and procedures across the group.
• Identify and assess key operational risk exposures and facilitate incident root cause analysis.
• Assist in management of issues, actions, and KRIs; support loss data updating.
• Provide ORM system training and awareness sessions across ADIB Group.

Skills

Communication skills

Presentation skills

Stakeholder management

Risk management

Education

Bachelor’s Degree

CIA/CFE or operational risk certification (preferred)

Job description

• This is a Senior Operational Risk Analyst role s directly responsible for developing a center of excellence for Operational Risk Management (ORM) and will work with ORM champions to implement the ORM Framework and foster the culture of strong controls.
• This role requires a proactive and confident individual, with 7 years’ experience in Risk and banking activities, who can communicate and build strong relationships across the wider business.

Key Accountabilities of the role:

Strategy, Framework and Control Governance:

• Support implementation of the Operational Risk Management policy and procedure within ADIB Group,
• Support the businesses in and facilitate the identification and assessment of key operational risk exposures within ADIB Group In accordance with ADIB’s Operational Risk Management Framework and related procedural standards.
• Facilitate business units in the identification and root cause analysis of incidents and ensure timely documentation & communication of incidents through ORM system.
• Support the business in the management of issues and timely implementation of actions.
• Support the business units in the Key risk indicators identification and assessment.
• Support business units in booking operational losses (write-off / provision).
• Support the business in updating and monitoring Operational risk data using the Group Operational Risk Management platform.
• Support in the collation of data for regular reports/ dashboards on operational risk profiles, analysis and exposures on a regular basis.
• Support in the review of business units’ policies & procedures change management and advisory assignment.
• Central point to resolve ORM matters/ queries raised by the business Units (both system and non-system related).

Program Management:

• Support the implementation and sustainment of ORM programs and tools such as Risk & Control Self-Assessment practices (RCSA), Key Risk Indicators (KRIs), Issues & Action Management etc. in ADIB Group.
• Support in review of ORM policies and procedures.
• Conduct training sessions relating to ORM policies and tools to ensure adequate understanding and awareness throughout ADIB Group.
• Provide ORM system training to business units as and when required.

Specialist skills / technical knowledge, technical competencies required for this role:

• Bachelor’s Degree. CIA, CFE or operational risk certification preferred.
• Internal or external audit experience within a Big 4 firm or in an Operational Risk Management role for a large Financial Institution.
• Working knowledge of leading operational risk practices and regulatory requirements.
• Demonstrated ability to collaborate with Senior Management.
• Strong presentation and communication (verbal and written) skills.
• Knowledge around various banking processes and products.
• Knowledge of Islamic Banking’s products, processes, and organization
• Bachelor’s Degree with 7 years of progressive Financial Services industry experience out of which at least 4 years in Risk management or Compliance role.
  

Job Info

• Job Identification 3676
• Locations Abu Dhabi, Al Rowdah, Shk Rashid Bin Saeed St. 313 ADIB New Headquarters Branch, Sh. Zayed Main Branch Abu Dhabi United Arab Emirates, Abu Dhabi, AE