The Senior Risk Analyst will assist the Head of Enterprise & Operational Risk and Chief Risk Officer in identifying, measuring, assessing, managing and mitigating Enterprise-Wide Risks including Operational Risks across the bank through its Risk Management Policy, Framework and Regulator’s guidance notes.

 KEY RESPONSIBILITIES:

·        Liaise with Business Units and assist in the implementation of action plans as approved by various risk committees/forums of the bank

·        Work with Business units to improve efficiency and effectiveness of Key Controls to ensure that Operational Risk is kept within the risk appetite of the bank.

·        Perform control testing activities, as a continuous process, to evaluate the design and operating effectiveness of key controls, including the robustness of risk management processes.

·        Identify and assess risks (including top and emerging) across the bank and factor the emergence of new risks into the control testing plan accordingly.

·        To assist the bank in contingency planning and execution.

·        Compute the Capital Adequacy Ratio (CAR) for onward reporting to the relevant risk committee.

·        Carry – out periodic CAR related stress tests.

·        Implement the stress testing framework.

·        Monitor the Risk Weighted assets (RWA) to ensure capital optimization.

·        Assist in the preparation of the annual ICAAP report.

·        Preparation of RBS reports and ALCO related reports.

·        Perform root cause analysis on Operational Risk (OR)incidents.

·        Assist in the development, compilation and review of Risk Registers.

·        Assist in the preparation of various risk-related reports and other regulatory reports.

·        Analyze and interpret operational risk trends and predictors.

·        Pro-actively monitor various risk indicators:

·        Act as a Facilitator/Coach in the training of Operational Risk Business Coordinators (ORBC).

·        Assist in the review of the bank’s policies as and when received.

·        Conduct presentations at various risk committees of the bank.

·        Follow-up on issues raised by inspectors.

·        Assist in Policy/Procedure/Process reviews and drafting.

·        Provide training on risk related matters including fraud prevention policy as and when required.

·        Cultivate awareness and keep updated on emerging risks for the bank in the banking industry both locally and internationally.

 PREREQUISITES:

·        Degree in Accounting, Banking, Risk Management, Finance, Mathematics, from a recognized institution OR an alternative qualification from a recognized university in a field of study relevant to the scope of work, acceptable to the Bank 

·        At least 5 years of banking experience in risk management, internal controls/audit, or a related field, preferably within the financial services industry.

·        Knowledge of Risk Frameworks: Familiarity with Basel, COSO, and other regulatory frameworks governing risk management.

·        Well versed banking practices and applicable regulatory guidelines.

SKILLS:

·        Good verbal, written communication, reporting and analytical skills

·        Proficient in Microsoft Office tools with an intermediate command of Microsoft Excel.

·        Show resilience and be able to work under pressure within set deliverables; and

·        Ability to maintain high degree of honesty, integrity and confidentiality.