Sr Associate.Operational Risk

The leading financial institution in MENA

While more than half a century old, we proudly think like a challenger, startup, and innovator

in banking and finance, powered by a diverse and dynamic team who put customers first.

Together, we pioneer key innovations and developments in banking and financial services.

Our mandate To help customers find their way to Rise Every Day, partnering with them through

the highs and lows to help them reach their goals and unlock their unique vision of success.

Delivering superior service to clients by leading with innovation, treating colleagues with dignity and fairness while pursuing opportunities that grow shareholders value.

We actively contribute to the community through responsible banking in our mission to inspire more people to Rise.

Job Purpose

To support the effective implementation of the Operational Risk Management framework by reviewing, monitoring, and challenging risk assessments, risk registers, and control effectiveness across the organization. The role is responsible for identifying and assessing key risk exposures, supporting risk mitigation activities, facilitating risk reporting, it also provides independent oversight, and collaborates with stakeholders to strengthen the overall risk and control environment while promoting proactive risk management practices

Job Responsibilities

• Review, monitor, and challenge Risk Registers and Risk & Control Self-Assessments (RCSA) to ensure accurate risk identification and assessment.
• Facilitate the monitoring and reporting of key risk exposures and emerging risks through effective risk indicators and control assessments.
• Assist and monitor Risk Acceptance Requests (RARs) to ensure appropriate risk assessments, approvals, action plans, and timely closure.
• Build and maintain strong working relationships with stakeholders across business and support functions.
• Conduct periodic reviews of risk registers to ensure quality, completeness, and accuracy.
• Assist in risk assessments, gap analyses, and thematic reviews to identify areas for improvement.
• Support and manage operational risk-related projects and initiatives as assigned.
• Analyze operational risk metrics and reports to provide independent risk insights and challenge risk-related decisions where necessary.
• Review and monitor Operational Risk Events to ensure accurate classification, loss reporting, root cause analysis, and action plan management.
• Review and challenge Key Risk Indicators (KRIs) to ensure effectiveness in monitoring and managing key risks.
• Prepare and present operational risk reporting, dashboards, and committee reports to management and governance forums.
• Provide ongoing risk advisory support to business units and stakeholders to strengthen the risk and control environment.
• Familiarity with the banking industry regulatory and risk management requirements
• Knowledge of common risk management framework and methodologies.
• Demonstrated analytical and problem-solving skills.
• Team-oriented and excels working in a collaborative environment
• Proficient written and verbal communication skills with an ability to communicate effectively across peers and partners
• Ability self-prioritizes workload and coordinates with teammates and to ensure that deadlines are met
• Expert proficiency with all Microsoft products (Excel, Word, PowerPoint, Visio, and Project)

Knowledge and Experience

• Familiarity with the banking industry regulatory and risk management requirements
• Knowledge of common risk management framework and methodologies.
• Demonstrated analytical and problem-solving skills.
• Team-oriented and excels working in a collaborative environment
• Proficient written and verbal communication skills with an ability to communicate effectively across peers and partners
• Ability self-prioritizes workload and coordinates with teammates and to ensure that deadlines are met
• Expert proficiency with all Microsoft products (Excel, Word, PowerPoint, Visio, and Project)

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.