Operational Risk Analyst

Responsibilities:

• Develop, implement, and maintain an operational risk management framework including processes for identifying, collecting, and analyzing operational risks.
• Set risk appetite, policies, and standards with regard to operational risks.
• Ensure the organization’s operational risk management policies and strategies are in compliance with applicable regulations and evaluate plans to introduce new products and supporting operations
• Develop and implement a comprehensive third-party risk management program to ensure adequate oversight of third-party relationships
• Develop key operational risk indicators and provide regular reporting to senior management and the board detailing operational risk exposures and performance against risk appetite
• Maintain a risk register and inventory of controls and make recommendations to reduce or control risk.
• Manage enterprise-wide document library and provide assistance in the development and updating of policies and procedures
• Analyze root causes and trends that could lead to heightened risk, and assist management in implementing corrective actions
• Study regulation and legislation directly affecting the company.
• Develop contingency plans to deal with stressful situations.

Requirements:

• Bachelor’s Degree in Finance, Economics, Mathematics or Statistics
• 5+ years’ experience in Banking and the Operational Risk field
• Experience in Quantitative Analysis and Risk Modelling
• Strong project management, numeracy, analytical and problem-solving skills
• Operational Risk certification or similar industry-accepted certifications