Job Description
As the Head of Operational Risk, you will super head the Operational Risk management and ensure that the bank is in alignment with the Operational Risk Management Framework. You will facilitate changes to operational risk management processes necessary to meet Basel requirements and promote a robust and disciplined approach to managing operational risk. In this role you will gain a deep understanding of the bank’s operational risk and its application within the group
Requirements
* Participate in the development, implementation and enhancement of various operational risk management processes in the bank which satisfy regulatory requirements under the Basel Accord.
* Oversee and facilitate the development and update of Operational Risk Scenarios for the bank including the validation and challenge of key controls.
* Understand key Basel II requirements and act as a subject matter expert related to Scenario Analysis.
* Oversee and manage the review and assessment of impacts of Operational Risk Policies, Procedures and Standards on the bank.
* Work with Corporate Support Areas and stakeholders to understand Corporate Policy and Standard requirements, assess appropriateness, and identify gaps and impacts to meeting requirements.
* Monitor and report on the on-going compliance of the bank with Corporate Policies and Standard requirements.
* Monitor external events for implications to the bank’s operational risk profile.
* Provide guidance, counsel and recommendations to support the bank on operational risk related issues and effective risk management practices.
* Educate and raise awareness within the bank regarding operational risk management processes.
* Stay abreast of global development of operational risks and appropriate management strategies including IT related solutions.
Other Competencies:
* Working knowledge of banking Policies and Standards within the Ghana environment.
* Solid operational risk management or audit experience.
* Good organizational understanding of the banks processes and operations.
* Accounting designation or MBA an asset.
* Consulting, project or change management experience an asset
* Excellent relationship management skills
* Excellent both written and verbal communication and presentation skills
* Strong facilitation/negotiation skills
* Takes ownership of work and accountabilities
This position attracts exceptional compensation
Additional Info:
Job application closes by Thursday, 31st March, 2011. Applications will be processed on first come first serve basis. Please quote the Job ID on your application.
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