Retail Banking Jobs in Ghana, Head of Operational Risk

CA Global Africa Recruitment is currently looking for a Head of Operational Risk for one of its clients (an International Bank) in Africa. The purpose of the role is to manage all aspects of Operational Risk.

–          Develop operational risk management governance process and strategy

–          Develop and maintain bank-wide operational risk management, framework, polices and guidelines

–          Inculcate operational risk management culture by operational risk awareness programmes

–          Monitors the environment to identify regulatory/legal/business/industry changes that could impact the Bank

–          Develop, maintain and operational risk key indicators in the key business processes and report to management and risk committees

–          Review of operating losses summary data to ensure that key control themes are identified and that risk mitigation actions are adequate;

–          Consult with business units regarding resolution of operational risk issues including regulatory examination recommendations;

–          Ensure that operational risk models to measure operational losses are developed and implemented;

–          Review the capital charge for operational risk and ensure accuracy

–          Ensure Bank-wide compliance with Bank act regulations on operational risk

–          Review Risk Management Self Assessment and plans and provides commentary on operational risk issues to the assigned Enterprise Risk Management Officer;

–          Lead or participate in bank-wide and industry operational risk related committees as requested;

–          Partner with colleagues in the Business Units and Corporate support departments to develop corporate standards and promote awareness of ERM’s role and objectives;

–          Develop and maintain close ties with Business Units to ensure informal early warning communication channels in place to identify business developments that potentially impact the Bank’s operational risk profile;

–          Coordinate and produce quality risk management reports for the Operational Risk Committee and Board Risk Committee;

–          Follow-up on all agreed actions in the Operational Risk Committee;

–          Ensure that the business continuity plans are updated and tested on a regular basis;

–          Ensure risks inherent in new products, services and processes are assessed and mitigation actions identified and recommended to the respective Business Units;

–          In liaison with Finance, review the insurance program and ensure all effectively risks transferred

–          Monitor all the insurance claims and settlements are reconciled to the operational risk loss database and Finance;

–          Assess risks inherent in outsourced functions and ensure exposures are effectively managed and reported;

–          Drive special risk projects as assigned by the Head of Risk, Finance or related field;

–          Lead, guide and motivate the operational risk team;

–          Provide proactive operational risk management coaching/mentoring/training for staff at all levels throughout the Bank.

–          Develop operational risk statement for subsequent approval and publication in the annual report

–          A degree in a relevant field

–          Minimum of seven (7) years of Banking experience with at least 3 years in a Senior Operational Risk role.

–          Strong interpersonal, organization, leadership and communication skills

–          Ability to lead or contribute to large, complex, multi-jurisdictional working groups.

–          Good problem solving, influencing and decision making ability

Preference will be given to Ghanaian nationals.

Please send your CV to Mike at CA Global ([email protected]), or visit our webpage (www.banking-recruitment-jobs.com) for further details.

Note: Only successful candidates will be contacted.