Job Posting Status is Cancelled Please note that the job is not published for job seekers and you will not receive any applicants due to the job status.
Upload
Job Description
Job Purpose
- To conduct Risk & Control Self-Assessment (RCSA) exercise across various units of the Bank and identify risks and provide recommendations for implementation.
- To review Operational Risk Incidents reported through ORM system and recommend preventive / corrective actions for implementation.
- To support Manager – ORM in effective implementation of the Operational Risk Management Framework across the Bank, whilst adhering to the regulations laid down by Central Bank of UAE and Policies and Procedures of the Bank.
Accountabilities
- To conduct Risk & Control Self-Assessment (RCSA) exercise across various units of the Bank and identify risks and provide recommendations for implementation.
- To conduct Root Cause Analysis (RCAs) for critical OR incidents and suggest risk mitigants / preventive and corrective actions.
- To review Key Risk Indicators (KRI) submitted by various units of the Bank and ensure that the indicators portray a fair representation of the key risks and suggest amendments / corrections, if any.
- To review Operational Risk Incidents reported through ORM system and recommend preventive / corrective actions for implementation.
- To assist Manager in compilation of various MIS / reports for submission to Senior Management.
- An eye for detail and capacity to analyze each process from a risk perspective.
- To determine the most effective way of enhancing controls for identified risks.
- Managing and prioritizing the workload, which frequently has changing or conflicting priorities.
- Strong interpersonal skills to interact with people across various departments of the Bank.
Skills
- Awareness of Local Laws and regulations.
- Awareness of Central Bank guidelines & regulations across all banking operations.
- Ability to review existing / new process and identify risks and suggest controls.
- Qualified Chartered Accountant/Related professional qualification in Banking and Risk Management with minimum 3 to 5 years of internal audit experience in Banks/ Big 4 Audit Firms.
Job Details
Job Division
Dubai, UAE
Job Role
Risk Management
Employment Status
RAKBANK
Organisational Unit
Full-time employee
Job Department
Risk Management