Operational Risk Associate

Development Bank seeks an Operational Risk Associate to support the Risk Director.  

You will focus on reporting and managing operational risk (risk register, risk event reporting and key risk indicators). As Operational risk associate you will be the subject matter expert for operational risk systems and interact with a wide range of internal stakeholders in the Risk team, technology, corporate functions and investment teams.

Team and role overview

The Risk Office is central to identifying, mitigating and managing risk and maintaining transparency with all stakeholders. As one of those key pillars, the Operational Risk team is responsible for the design and implementation of the overall operational risk management framework, including:

• Supporting risk owners in the identification and prioritisation of risks
  Provide business-wide risk reporting to the Operations Committee, Risk Committee, Board and Shareholder
• Continuous improvement of the risk framework

Operational Risk Management

• Be the Operational risk lead, initially for Corporate functions. This includes management of the risk register, leading risk register reviews and risk event management
• Working with risk owners to ensure that risks are identified and assessed appropriately
  Conduct root-cause analysis and analyse trends in risk events, recommending actions to reduce the likelihood of future errors
• Review key risk indicators and metrics as input to risk assessments.

Governance Risk Management and Compliance (GRC) System

• Become a subject matter expert on the GRC software & Risk team point of contact for Riskonnect, including access management
• Keep the information in the tool relevant and propose enhancements
• Be the SME for building and extracting reports from Riskonnect

Reporting

• Produce periodic risk management presentations for the governance committees and Board Risk Committee
• Support the Operational Risk team to deliver timely and good quality risk management reports to the CRO, Operations Committee, Risk Committee of the Board and Shareholder
  Quarterly submission of process risk metrics
• Develop and produce new reports, including risk events, key risk indicators, risk appetite and risk-related actions

Technical Skills

• You will have proven operational risk or risk reporting experience, ideally from the investment sector
• Working knowledge of PowerBI