Job Description
<p><strong>JOB OBJECTIVES</strong></p><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Assist Head ORM and Unit Heads in ORM in coordinating, driving and directing effective operational risk management activities bank-wide with focus on relevant SBU/SRF.</span></p><p><span style="font-family: "Calibri Light", sans-serif;"><span lang="EN-GB"><strong>DUTIES & RESPONSIBILITIES</strong></span></span></p><ul style="list-style-type: disc;"><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Implementation and maintenance of the OR framework in close relationship with the BORMs.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Drive and support Oprisk community to adopt and embed relevant operational risk management tool- sets.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Carry out timely monthly reconciliation of Oprisk loss database and general ledger.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Proactive and aggressive engagement of BORMs to ensure prompt submission of risk reports and returns.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Provide strong support in assessing and quantifying operational risk within the bank utilizing approved Risk Grading matrix and other available data. Coach BORMs in appropriate risk grading as a basis of prioritizing efforts and focus.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Support Operational risk community (SBU/SRF) in prompt identification and management of operational risks by carrying out the following: Risk identification & Assessment workshops, Operational loss event analysis, RCSA analysis, , Incident analysis etc.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Development of Oprisk newsletter (Focus) for bank-wide consumption.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Facilitate basic ORM trainings for new joiners' bank wide and other adhoc trainings to the risk community based on request. </span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Provide support to the BORMs during RCSA workshops to ensure robust output. </span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Develop relevant Oprisk Templates and provide guidance to the BORMs in line with approved framework/policies and best practices. </span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Review, quality assure and consolidate Operational risk issues and losses reported by the BORMs for completeness and accuracy in line with approved framework/policies and best practices. </span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Preparation of the bank's OR profile. </span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Identification and reporting of relevant External loss events for inclusion in operational risk management report.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Analyze the Bank internal loss data and report trends. </span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Track potential losses and near-misses and report on same monthly </span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Provide support to the Risk Analysis & Profiling Team in product reviews </span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Assist Head, ORM in secretariat duty to the BRCC. </span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">As part of the Bank’s Information Security requirements, maintain the security of all Information entrusted to the staff and comply with the principles and policies in the Information Security Handbook.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Any other task that may be assigned by the Supervisor</span></p></li></ul><p> </p><p><span style="font-family: "Calibri Light", sans-serif;"><span lang="EN-GB"><strong>JOB REQUIREMENTS</strong></span></span></p><p><span style="font-family: "Calibri Light", sans-serif;"><span lang="EN-GB"><strong>Education</strong></span></span></p><ul style="list-style-type: disc;"><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Minimum Education: First degree preferably in a numerate discipline.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Higher degrees/MBA/professional certifications are also desirable</span></p></li></ul><p> </p><p><strong>Experience</strong></p><ul style="list-style-type: disc;"><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Minimum experience – Five years relevant working experience</span></p></li></ul><p style="margin-bottom: 0in;"> </p><p style="margin-bottom: 0in;"><span style="font-family: "Calibri Light", sans-serif;"><span lang="EN-GB"><strong>KEY COMPETENCY REQUIREMENTS</strong></span></span></p><p style="margin-bottom: 0in;"> </p><p style="margin-bottom: 0in;"><span style="font-family: "Calibri Light", sans-serif;"><span lang="EN-GB"><strong>Knowledge</strong></span></span></p><ul style="list-style-type: disc;"><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Banking structure, policies and procedures.</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Core Banking Processes</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Industry knowledge</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Banking Operations<span> </span></span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Banking services/products</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Use of Banking applications</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Understanding of CBN Prudential Guidelines</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Corporate Governance</span></p></li></ul><p> </p><p style="margin-bottom: 0in;"><span style="font-family: "Calibri Light", sans-serif;"><span lang="EN-GB"><strong>Skill/Competencies</strong></span></span></p><ul style="list-style-type: disc;"><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Risk Control & Governance<span> </span></span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Investigation<span> </span></span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Customer Relationship Management</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Budget Planning and Control</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Financial Accounting</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Data Gathering and Analysis</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Process Improvement</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Project Management</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Business/Operational Strategy</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Change Management</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Business Continuity Management</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Market Risk Monitoring & Control</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Operational Risk Management</span></p></li><li class="ortl-align-justify"><p style="text-align: justify;"><span style="font-family: "Calibri Light", sans-serif;">Credit Risk Management</span></p></li></ul>
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