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Job Description

We have an  urgent requirement for Operational Risk Management Consultant for our banking client based at Sharjah

Operational Risk Assessment Process for Risk Management --Must

Retail and Wholesale Banking segments in UAE/ GCC----Must;

Desired Skills:

  • Good understanding about the products related to Retail and Wholesale Banking segments in UAE/ GCC;
  • Sound working knowledge in the areas of product/ project risk assessment in line with CBUAE guidelines;
  • Understanding of IT applications and infrastructure matters in the bank;
  • Understanding of Operational Risk assessment (Risk and control) for each process and risk management methodologies;
  • Project management skills to support execution and launch of products, services and channels. Coordinating within Risk management function to support the Operational Risk Assessment Process (ORAP);
  • Risk management governance implementation experience.

Key Role:

  • Participate in the ORAP process representing Risk Management unit;
  • Prepare the minutes of the meeting and follow up for the response from relevant units;
  • Review and update the ORAP template with responses from each unit, once shared by the responsible unit;
  • Circulate it to the ORAP members for their feedback;
  • Obtain the requisite approval from the committee to implement;
  • Update the ORAP tracker and obtain status update on the open points related to previous ORAPs;
  • Follow the governance and process related to operational risk, fraud risk, BCM risk and Outsourcing risk for each project/ program.

Other Skills

  • Understand existing processes of the bank on respective business domains for the assigned project;
  • Bring business process clarity among all key stakeholders by documenting comprehensive Business Requirement Document, which then be used for solution development/implementation.
  • Identify, understand & translate business requirements into business processes (risk assessment)
  • Define test cases and scenarios in line with BRD/FSD. Participate in the testing exercise, if required.
  • Self-motivated and ability to work independently with minimal supervision
  • Work as a key liaison between IT, Business, operations, compliance, legal and respective ORAP members and other enabling units. Facilitating business discussions & producing the associated documentation, as well as tracking the key decisions and actions that have been made.
  • Ensure that system users were trained on the solutions implemented or newly created/enhanced processes.
  • Display UAB values of Integrity, Customer focus, competence, consistency and courteousness
  • Experience on MS Visio tool and office productivity tools.

Request you to kindly send us your word formatted updated resume ASAP along with the below mentioned details:

  • Total experience :
  • Current Salary:
  • Expected salary (AED per month)?
  • Notice period :
  • Contact number :
  • Nationality
  • Date of Birth :
  • Gender :
  • Marital Status
  • Current Location :
  • Ready to relocate Abu Dhabi?
  • How many years of exp do you have as ORM Consultant?
  • The position is on Talent Arabia Payroll depute to Abu Dhabi based client , is it fine with you?
  • How many years  experience you have in below:
  • Operational Risk Assessment Process for Risk Management . :
  • Risk management governance implementation  ---Must
  • Retail and Wholesale Banking segments in UAE/ GCC---Must
  • MS Visio tool