Operational Risk Manager
Posted
The Operational
Risk Manager will be responsible for identifying, assessing, and managing
operational risks within the MSME lending framework. This role requires a
strategic mindset to align risk management practices with business objectives
while ensuring compliance with regulatory requirements.
Key
Responsibilities
- Risk
Identification and Assessment
- Conduct regular risk assessments to identify potential
operational risks.
- Collaborate with various departments to evaluate
existing risk management processes.
- Gap
Assessment and RCSA
- Perform gap assessments to identify areas where
current practices do not meet regulatory or internal risk management
standards.
- Oversee the implementation of Risk Control
Self-Assessment (RCSA) processes to evaluate the effectiveness of
internal controls.
- Facilitate workshops with stakeholders to gather
insights and validate findings from RCSA exercises.
- Periodic
Stress Testing
- Organize and lead periodic stress testing meetings to
evaluate Fawry MSME resilience to adverse conditions.
- Develop and implement stress testing scenarios that
reflect potential operational and financial crises relevant to the MSME
lending environment.
- Analyze outcomes of stress tests and provide
actionable insights for risk mitigation.
- Risk
Mitigation Strategies
- Develop and implement risk mitigation strategies and
controls.
- Monitor the effectiveness of risk controls and
recommend improvements.
- Reporting
and Analysis
- Prepare detailed reports on operational risks and
incidents for senior management.
- Analyze trends in operational risk data and provide
insights for decision-making.
- Compliance
and Regulatory Oversight
- Ensure adherence to regulatory requirements related to
operational risk management.
- Liaise with regulatory bodies during audits and
examinations.
- Training
and Awareness
- Organize training sessions for staff to promote
awareness of operational risks.
- Foster a risk-aware culture within the organization.
- Crisis
Management
- Develop and maintain business continuity plans and
crisis management procedures.
- Lead responses to operational risk incidents and
ensure effective resolution.
Requirements
- Education
- Bachelor’s degree in Finance, Business Administration,
Risk Management, or a related field.
- A master’s degree or professional certification (e.g.,
FRM, CRM) is preferred.
- Experience
- Minimum of 7 years of experience in operational risk
management, preferably within the financial services or lending sector.
- Proven experience in risk assessment and mitigation
strategies.
- With proven experience in managing teams
- Skills
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Proficiency in data analysis tools.
Key Competencies
- Strategic
Thinking: Ability to align risk management with organizational goals.
- Attention
to Detail: Meticulous in identifying and assessing risks.
- Leadership:
Capable of leading teams and fostering collaboration across departments.
Working Conditions
- Office-based.