Manager, Operational Risk & Controls

Raqami Islamic Digital Bank; Karachi Division; On-site; PKR 1,800,000 - 3,400,000; Full time

Job summary

Raqami Islamic Digital Bank is seeking an experienced Manager - Operational Risk in Karachi to strengthen the ORM framework across people, processes, and systems. You will identify, assess, monitor, mitigate, and report operational risks in alignment with regulations and risk appetite.

The role involves leading RCSA, KRIs, loss data, and risk reporting while coordinating with Internal Audit, Compliance, and stakeholders to promote a strong risk culture.

Qualifications

• Bachelor's degree in Finance, Risk Management, Business Administration, Economics, or related field.
• 5–8+ years in banking/financial services with at least 3 years in Operational Risk, Compliance, or Internal Controls.
• Strong understanding of risk management frameworks and internal controls.

Responsibilities

• Support ORMF development and implementation per Basel standards.
• Facilitate Risk & Control Self-Assessments (RCSA).
• Monitor KRIs and analyze trend data.
• Oversee operational loss data collection and incident reporting.
• Support risk systems, tools, and dashboards implementation.
• Conduct independent control testing to evaluate key controls.
• Prepare periodic risk reports for Management, BRC, ERMC, and CRO.
• Deliver operational risk awareness trainings to promote risk culture.
• Coordinate with Internal Audit, Compliance, and stakeholders on risk matters.

Skills

ORMF

RCSA

KRIs

Data analysis

Stakeholder management

Education

Bachelor's degree in Finance, Risk Management, Business Administration, Economics, or a related field

Job description

Raqami Islamic Digital Bank is seeking an experienced Manager - Operational Risk in Karachi to strengthen the ORM framework across people, processes, and systems. You will identify, assess, monitor, mitigate, and report operational risks in alignment with regulations and risk appetite.

The role involves leading RCSA, KRIs, loss data, and risk reporting while coordinating with Internal Audit, Compliance, and stakeholders to promote a strong risk culture.