Unit Head Enterprise Risk Management Governance

UBL - United Bank Limited; Karachi Division; On-site; PKR 12,000,000 - 22,000,000; Full time

Job summary

United Bank Limited seeks an Unit Head ERM to design and embed enterprise and operational risk architecture, reporting to the Head of ERM. You will shape risk strategy, appetite and drive governance with the Board and senior management.

You will lead taxonomy, RCSA, incident management redesign and risk data consolidation, ensuring high-quality analytics and heat-maps for executive decision-making.

Qualifications

• Degree in finance, business or a related field.
• 15+ years in banking, including 8+ years in senior enterprise or operational risk roles.
• Demonstrated record of leading ERM framework, risk taxonomy and risk appetite design and implementation.

Responsibilities

• Own the ERM framework design, approval and evolution and secure endorsement from the Board.
• Set Level 1/2 risk taxonomy and define Level 3 collaboratively with ERM/ORM teams.
• Lead redesign of incident management, RCSA and risk data recording for high-quality data.
• Drive governance by engaging senior stakeholders and benchmarking with global peers.
• Establish enterprise risk appetite statements and monitoring/escalation methods with leadership.
• Consolidate operational and enterprise risk data and present analytics and heat-maps to leadership and Board.
• Champion global ERM/ORM practice, lead gap assessments and build risk capability across the organization.

Skills

Executive presence

ERM leadership

Risk governance

Analytics & reporting

Stakeholder management

RCSA & KRIs

Education

Degree in finance or business

Job description

The Unit Head ERM will be accountable for setting the bank’s enterprise and operational risk architecture and embedding global best practice across both disciplines. Reporting to the Head of ERM, the role provides senior leadership, shapes risk strategy and appetite, and builds the consensus with executive management and the Board needed to implement them.

Job Responsibilities:

• ERM framework and Risk Assessment Matrix: own the design, approval and ongoing evolution of the bank’s ERM framework and enterprise risk assessment matrix, and secure endorsement from executive management and the Board.
• Risk Taxonomy: set the enterprise risk taxonomy at Level 1 and Level 2, and lead the longer-term definition of Level 3 jointly with the ERM and ORM teams, establishing it as the single bank-wide reference.
• ORM Transformation: lead the redesign and simplification of incident management and risk and control assessment (RCSA) and their recording, driving consistent, high-quality risk data across the bank.
• Risk Framework Governance: drive development of the supporting risk frameworks by engaging senior stakeholders and bench-marking against global peers; identify framework owners and hold them to agreed standards.
• Risk Appetite: establish enterprise risk appetite statements for all risk types and design the monitoring and escalation mechanisms, agreed with business and risk leadership.
• Risk Reporting and Analytics: Lead the consolidation of operational and enterprise risk data, and present insightful analytics and heat-maps to senior management and the Board to enable decisions that address weak areas in the bank.
• Global Benchmark Implementation: act as the bank’s champion for global ERM and ORM practice, leading gap assessments and road-maps, advising senior management on emerging risk developments, and building risk capability across the organisation.

Qualification & Experience:

• Degree in finance, business or a related field.
• 15+ years in banking, including 8+ years in senior enterprise or operational risk roles.
• Demonstrated record of leading ERM framework, risk taxonomy and risk appetite design and implementation at institutional level; deep ORM expertise (incidents, RCSA, KRIs).
• Executive presence: influences senior management and the Board, leads cross-functional programs, and builds and develops high-performing teams.