Title: Manager (Operational Risk Management- RMD)
Company Name: A renowned Private Commercial Bank
Vacancy: Not specific
Job Location: Dhaka
Employment Status: Full-time
Educational Requirements:
∎ Bachelor degree in any discipline
∎ BBA/MBA or post-graduation in Accounting/Finance/Bank Management from any reputed University and candidates with strong academic results will be preferred. Preference will also be given to the FRM/ CERM holders.
∎ Preferred Professional Certification: CERM,FRM
Experience Requirements:
∎ At least 4 year(s)
Job Responsibilities:
∎ To take initiative for establishing comprehensive OpRisk Management Policy with the approval of the board
∎ To identify the vulnerable areas related to operational risk in collaboration with ICC and suggest the senior management and board to review the existing policies to prevent recurrences of the unexpected incidents
∎ To report the OpRisk issues to concerned authority, divisions or departments. Monitoring OpRisk related issues mentioned in the compliance report of irregularities found in BB observations.
∎ Review, analyse, enhance and update policies, procedures and processes for operational risk in all of the bank's material products, activities, processes and systems.
∎ Responsible for preparation of Recovery plan of the Bank and necessary actions thereof. Focused roles to oversee the Operational Risk aspects starting from risk identification, risk assessment, risk reporting and risk monitoring.
∎ Key Risk Indicators (KRIs) setting for the business and support areas of the bank and monitoring of KRIs to find out the Key risk areas of operational branches/office and action plans are drawn to address identified High Risk areas.
∎ Monitoring unsettled issues (identified fraud/forgeries, major irregularities etc.) through ICC.
∎ Working as a Member Secretary of Enterprise Risk Associate Forum (ERAF) and responsible for arranging ERAF on monthly basis. Operational Risk paper preparation, presentation and taking action through following the management response.
∎ Contribute to raising operational risk awareness and culture throughout the Bank and the business lines and provide guidelines to business units in enabling them to identify risks and develop necessary controls and processes to manage those risks.
∎ Accomplish operational risk assessment review of new products, new or changed activities, processes and systems under the direction/guidance of the Head of Risk Management.
∎ Preserve database of business processes, risks, controls, mitigation measures and historical losses (internal/external) on a Bank-wide basis.
Additional Requirements:
∎ Age 18 to 45 years
∎ Both males and females are allowed to apply
∎ Excellent verbal and written communication skill both in English & Bangla.
∎ Energetic and self-motivated.
∎ Diligent, hardworking and keen to take responsibilities.
∎ Proactive and possess strong analytical ability.
∎ Ability to strictly maintain the timeline, can work under pressure with skill and enthusiasm.
∎ Committed to provide total quality of work.
∎ Multitasking Ability.
Salary: Negotiable
Job Source: Bdjobs.com Online Job Posting.
Application Deadline: 10 May 2023
Company Information:
∎ 25 Apr 2023
∎ A renowned Private Commercial Bank
∎ Business : Private Commercial Bank
Category: Bank/Non-Bank Fin. Institution
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