Operational Risk Officer
Unified Payment Services Limited
Accounting, Auditing & Finance
Job Summary
The ideal candidate will promptly identify, measure, monitor, manage, minimize, and report risks that may negatively impact the achievement of our business objectives in line with the enterprise risk tolerance and business strategy. You will also carry out unit-specific risk and control self-assessments, risk mapping, prevention of fraud, implementation of mitigation
- Minimum Qualification : Degree
- Experience Level : Mid level
- Experience Length : 4 years
Job Description/Requirements
Responsibilities:
- Evaluating the operations and activities of these departments in order to identify, assess, measure, and mitigate risks.
- Assist in providing risk-mitigating factors to the units involved, remediation options, and process improvement ideas.
- Follow up with business units to design and implement controls and action plans to mitigate operational risk thereby ensuring the effective running of the enterprise business.
- Planning, managing, and providing ongoing support for the implementation of the company’s operational risk framework.
- Facilitate Risk and Control Self-Assessment (RCSAs) Workshops for business units while working closely with them to identify and monitor relevant Key Risk indicators.
- Assist business units in developing Key Risk Indicators (KRI) for all key risks in the business, creation, and reporting of KRIs including thresholds in the risk dashboards.
- Work with business units to design and implement controls or action plans to mitigate operational risk thereby ensuring the effective running of the company’s business.
- Carrying out internal control functions to guarantee the effectiveness and efficiency of operations, reliability of transaction reporting, drafting of policy documents, and compliance with applicable laws and regulations.
- Prepare operational risk report to management and analyze operational risk incidence.
Requirements:
- 4 years of cognate experience
- Degree in a related field
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