Job Order Detail

Description

The role is responsible for the design, implementation, training and awareness of the Operational Risk Control Framework and its related methodologies, systems, tools and processes.

The role will provide oversight and second line of defense challenge of operational risk assessments and exposures by facilitating the development of comprehensive integrated risk frameworks for corporate decision making. It will guide the RCSA process for all significant business activities. It will develop and ensure business processes are documented and there is a transparent assessment of inherent and residual risks. It will manage the third party risk management servicer review program, ensuring a risk based approach is taken in the assessment and due diligence performed on third parties; that results and issues are appropriately reported, monitored, actioned and escalated as required.

It will develop and implement an effective Fraud detection and prevention program to mitigate fraud losses while ensuring an appropriate balance between risk and reward. The establishment and communication of a fraud risk management program, policy and guidelines that set the expectations of roles and responsibilities across all levels of the Bank will be its responsibility. It will work with business units and other functional areas to support proactive identification, prevention and detection of Fraud risks. It will ensure the Bank has adopted adequate processes for identifying, preventing and monitoring fraudulent activity and that independent investigations of suspected fraudulent activity are conducted as appropriate.

The successful candidate will have an undergraduate degree in finance, economics, business administration or commerce and a professional designation in finance or accounting. You will have 5+ years of experience in an operational risk or internal control role in a financial institution.