Senior Expert, Operational Risk Management

Job Purpose

Are you an experienced and highly skilled Operational Risk Management professional seeking a challenging role in a dynamic commercial banking environment? We are looking for a Senior L2 Operational Risk Management Expert to join our team and play a pivotal role in strengthening our bank's risk resilience.In this critical second-line-of-defense capacity, you will be instrumental in shaping and overseeing the bank's operational risk framework, providing expert guidance, and ensuring robust risk management practices across all business lines.

Key Accountabilities

• Strategic Advisory: Provide expert advice and guidance to First Line of Defense (L1) business units on effectively managing their operational risks, aligning with their business goals and strategic objectives.
• Framework Development: Lead the development, enhancement, and implementation of the bank's operational risk frameworks, standards, and guidelines. This includes creating comprehensive documentation to assist L1 in adopting and adhering to these frameworks, and demonstrating the effective use of operational risk management tools.
• Risk Review and Challenge: Conduct thorough reviews and provide constructive challenges to L1's risk assessments, control establishments, and mitigation strategies across various areas, including:Business-as-Usual (BAU) processesNew product developmentProject risksIT risksRisks associated with organizational change
• Training and Empowerment: Design and deliver engaging operational risk management workshops and training programs for L1 teams. Empower them with the knowledge and tools to effectively implement and comply with the bank's operational risk policies and controls.
• Risk Reporting and Analysis: Establish and maintain robust operational risk reporting mechanisms. Analyze operational risk data to identify emerging risk trends, control breaches, root-cause themes, and potential vulnerabilities within the bank's operations

Success Profile - Qualification and Experiences

• Qualification:
  Extensive experience (typically 8+ years) in operational risk management within the financial services sector, with a significant portion in a second-line-of-defense capacity.
• Deep understanding of operational risk frameworks, methodologies, and regulatory requirements (e.g., Basel III).
• Proven ability to develop and implement risk management policies, standards, and procedures.Strong analytical skills with the ability to interpret complex data, identify trends, and draw actionable insights.
• Excellent communication, presentation, and interpersonal skills with the ability to influence and engage stakeholders at all levels.
• Experience in facilitating workshops and delivering training is highly desirable.Relevant professional certifications (e.g., FRM, PRMIA) are a plus.