Sunday, 12 February 2012

Required Asst. Manager Operational Risk for Burgan Bank / KIPCO in Kuwait

Assists Manager Operational Risk in assessing, managing and monitoring operational risk. Implements system and procedures for monitoring operational risk in the various operations area of the Bank.

Key Responsibilities
1. Monitors procedures after implementation to track possible risk triggers and accordingly amend such triggers.
2. Investigates incidents involving procedure losses, partial losses or total procedure failures and recommends appropriate corrections to enhance the operational performance.
3. Contributes to formulation of the Risk Management policies/procedures as well as internal controls and the Risk Dashboard by facilitating the monthly Risk Dashboard data.
4. Evaluates new product procedures and accordingly makes the decision to accept or deny processes. Follows up the approval chain through multiple committees.
5. Organizes and conducts Risk and Control Self Assessments (RCSA) workshops across the bank and helps Chief Operational Risk Officer in implement the same across the Burgan Bank Group.

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