Manager - Senior Officer - Operations Risk at Commercial International Bank (CIB) Kenya

Job Purpose Statement

• The role will be responsible for supporting the implementation and enhancement of the Third Party, Operational, Model, Reputation and Environmental / Social / Governance Risk Frameworks within the bank including appropriate processes, procedures, and tools, designed to maintain the risk profile and to embed risk management within the Bank.

Key Responsibilities

OPERATIONAL RISK

• Embed the Operational Risk Management Framework and associated policies and procedures within all units of the bank.
• Planning, scheduling, and conducting Risk and Control Self -Assessment (RCSA) and control testing for business and support functions, products, and projects.
• Maintain risk registers for risk entities, ensuring that ownership, action plans are clear, and the progress of action plans is being made in accordance with the remediation plan.
• Review Key Risk Indicators (KRIs) in liaison with the risk entities and escalate any KRI breaches.
• Review new products and processes in line with the new product procedures and as necessary conduct Post Implementation Reviews (PIRs).
• Conduct ORM bankwide risk assessments.
• Periodic training program on various risks that the bank faces to embed knowledge of policies and procedures and a robust risk culture across the business.
• Local and International Regulatory Reporting including but not limited to the Central Banks of Kenya and Egypt.

BUSINESS CONTINUITY

• Manage the Business Continuity Management program working closely with the various departments and risk teams.
• Ensure annual Business Impact Analysis and Risk Assessments are carried out for all departments and documented BCPs are in place and updated in line with the bank’s BCM
• Policy, Prudential Guidelines and International best practice.
• Schedule, coordinate and execute Business Continuity and Disaster Recovery annual tests for critical business processes and systems and document test results including lessons learnt and maintain a central repository for all tests. Coordinate follow up on actions arising from lessons learnt to their logical conclusion.
• Periodically update the bank’s business continuity / crisis management plan, facilitate simulation exercises as stipulated in the BCM policy and support committee accordingly during disruption events.
• Periodic Training of staff on BCP processes and standards .
• Conduct BCM risk assessment for key bank projects as well as oversee any BCM projects.
• Ensure Business Continuity Policy and Procedures are updated regularly to align to emerging Risks and/or changes in the operating environment, the bank’s Strategy, and best practices.
• Any other official duty that relates to Business Continuity Management may be allocated by management from time to time.

Academic

• Holds a bachelor’s degree in Business , Accounts, Finance , Computer Science, Information Systems or a related field.
• Master’s degree is an added advantage

Professional Qualifications 

• Risk certification (ORM, ISO 22301, CISA) is an added advantage.

Desired Work Experience

• At least two (2) years of relevant experience in Operational Risk / Enterprise Risk
• Management and Business Continuity Management.
• Experience in Audit / Compliance / Disaster Recovery and Operational Resilience is a plus