Objective of the position is to manage Operational Risk of Ubank. Operational Risk Manager is responsible for identifying, assessing, monitoring & reporting of operational risk issues exist in Ubank Departments.

Job Responsibilities

Operational Risk Assessment of Branches/ Units and Bank Policies & Procedures Review:-

• Execution operational risk assessment of business units by visiting sample business units to oversee the effectiveness of control implemented. Work with Business & Functions representatives to receive control and risk metrics in order to monitor Operational Risk KRIs.
• Perform and assist in conducting periodic review of Bank policies, procedures and products for identifications of gaps and to ensure regulations are adhered to at-least and banking best practices are being proposed as a proactive approach where needed.
• Prepare risk assessment reports in connection with data gathered/ analyzed.
• Ascertain and confirm that bank/units wide risk registers, KRIs, KPIs, and internal control sample testing are effectively implemented with annually Updation. Periodically review OR Assessments to ensure these appropriately reflect changes in environment, mitigating controls and the progress of treatment plans.
•  Utilizing mathematical and statistical knowledge to assist with the building of various risk models in support of Operational Risk Management.

Development & Implementation Incident Reporting, Loss database & Risk Management Tools:-

• Develop the mechanism for Incident reporting & loss data base that covers each and every bank wide near-miss/ losses.
•  Report and escalate significant operational risk events to Quantify the Operational Risk using Incidents & loss data base modeling.
•  Conduct Root Cause Analysis (where require) for relevant events and give information/ updates to Chief Risk Officer/ Senior Management as appropriate.
• Finalize Ubank Goldsmith Panel/ surveyors, ensure its due diligence and develop database to maintain the panelist movements record complete in all respect.

Awareness & Training;-

• Conduct awareness and training sessions at assigned branches.

Reporting, Record/ Data Maintenance;-

• Preparation and maintenance of Reports of all tasks assigned on regular basis or special tasks .

Technical Competency and Skills;-

•   Effective Interpersonal, Communication, Team Building and Management skills/ abilities.

•            Time management skills

•          Sound knowledge of Ubank products/ process and polices

•         Interpersonal skills

Experience and Qualification;-

• Minimum Bachelor Degree preferably in Finance, Economics or related fields.
• Preferably 3-5 years accounting ,finance, risk management or banking industry related experience.