Britam June 2015 Jobs in Kenya:Operational Risk Manager

Job purpose

Management of operational risk within the entire Group
Key responsibilities

• Design in conjunction with the Group Chief Risk & Compliance Officer the Operational Risk Management Framework and Policy to ensure that the policy reflect best practice.
• Aggregating and analysing risk events reported by the business units into the respective categories.
• Performing a monthly reconciliation between the risk events reported
• Performing root cause analyses on identified risk events to recommend improvements to prevent these risk events from re-occurring in future.
• Assisting the Risk Champions with the identification of key risk indicators in their business units.
• Monitoring the implementation of action plans to address medium and red key risk indicators.
• Analysing identified trends in the key risk indicators reported.
• Assisting the Risk Champions with the identification of key risks and mitigating controls in their business units, as well as action plans to address any gaps in the mitigating measures identified.
• Monitoring the implementation of action plans to address medium and red key risks on the risk and control self-assessments/risk registers.
• Preparing reports to the Management Operational Risk Committee and assisting the Group Chief Risk and Compliance Officer prepare reports for the Executive Management Team and Board Risk and Compliance Committee.
• Utilising mathematical and statistical knowledge to assist with the building of risk models in support of Operational Risk Management.
• Develop staff training programs that build operational risk awareness within the Group
• Perform any other duties as may be assigned from time to time

Working Relationships

• The Business Operational Risk Manager will be:
• Accountable to the Group Chief Risk and Compliance Officer
• Directly responsible for staff working under this position
• Required to liaise and work closely with the Department Managers and Unit Managers in country businesses as may be necessary

External working relationships

• Required to develop and maintain collaborative relationships with third party service providers to ensure quality and cost effective services are provided to Britam

Knowledge, experience and qualifications required

• Bachelor’s degree in finance, business administration or related field
• Accreditation in risk management is an added advantage
• 7 - 10 years’ experience in risk management, 3 – 4 years should be in a managerial role
• Experience in operational risk management in the banking sector is an added advantage

Competencies

• Technical and functional competencies
• Governance Risks
• Compliance reviews
• Business continuity
• Risk assessment techniques
• Risk response strategies
• Risk management policies
• Scenario planning and sensitivity analysis
• Trend analysis on risk variables
• Risk mitigation strategies and indicators

Core competencies

• Communication skills
• Building Relationships
• Focuses on the Customers
• Develops Self
• Solves Problems
• Develops Others
• Manages Quality and Risk
• Managing Change and Ambiguity
• Managing and Executing Strategy

Closing Date:

Friday, June 26, 2015

Key Skills/Specialization:

A bachelor's degree in Finance

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