Job Description
The Associate - Operational Risk will be responsible for the following:
- Contribute to the formulation of operational risk policy and support management with implementation of the same
- Analyse the risk strategy and business needs and adapt and maintain operational risk policies, procedures, processes, risk models and tools, in line with internal and/or external risk policies
- Execute structural and/or ad-hoc risk monitoring and assessments in the assigned area, to ensure accurate insight into and identify (future) risks and prevent incidents
- Contribute to classification of risk exposure and impact in the assigned area, balancing between commercial interests and possible risk, as a basis for compliant and informed decision making
- Provide advice to and create risk awareness of internal stakeholders within assigned area with regard to operational risk management
- Provide information, transfer knowledge and actively promote risk focused culture by creating awareness and a sense of responsibility regarding risk (compliance)
The Successful Applicant
The Ideal Candidate Will Have The Following
- University or higher degrees preferably in business, economics or finance
- 3-6 years of relevant experience in a operational risk at a similar financial services organisation
- Strong knowledge of regulatory requirements and compliance
- Good understanding of regulatory quality reviews and governance, risk and control across financial servics
- Strong communication skills