AVP & Manager- Operational Risk & Controls ( Emiratized Role )

AVP & Manager- Operational Risk & Controls ( Emiratized Role )

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AVP & Manager- Operational Risk & Controls ( Emiratized Role ) Full-time Sub Division: Group Operations Division: GCOO First Abu Dhabi Bank is an inclusive environment where each person values the e...

AVP & Manager- Operational Risk & Controls ( Emiratized Role )
  • Full-time
  • Sub Division: Group Operations
  • Division: GCOO

First Abu Dhabi Bank is an inclusive environment where each person values the experiences, perspectives, ideas and beliefs of others. We're in a unique position to learn from all our colleagues, combining international experience with deep cultural knowledge and local expertise. At FAB, you'll have the support of your team and a strong relationship with your line manager, who will trust you with responsibility and recognize your good performance. As we embrace different ways of seeing the world, listening to each other and respecting different viewpoints, we grow stronger - together.

To lead and govern enhancement in the Group Operations department as a whole by improving the quality of its operational health through Operational Risk Assessments and Internal Controls. Consistently work independently towards enhancing operational efficiency as well as support in managing operational risk.

Responsibilities
  • Manage and govern effective implementation of ORC functional policies, procedures and controls covering all areas of assigned department activity so that all relevant procedural/legislative requirements, fulfilled while delivering a quality, cost-effective service.
  • Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
  • Demonstrate compliance to organization's values and ethics at all times to support the establishment of a value drive culture within the bank.
  • Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes and practices considering global standards, productivity improvement and cost reduction.
  • Manage and review in the preparation of timely and accurate statements and reports to meet department requirements, policies and quality standards.
  • Effectively and independently carry out the Risk Assessment to monitor and control the residual risks identified by following the Operational Risk Management (ORM) policies and framework at Group Operations.
  • Track, monitor and support for completing agreed actions for remediation of audit.
  • Manage & govern all the incidents right from control failure till mitigation including determination of the owner of the incident in order to log the incidents.
  • Review of monthly Operations Dashboard providing details of all the Key Performance Indicators from Operations and Controls perspective.
  • Monitor the timelines of all phases of RCSAs from risk identification to action planning for residual risks including the KRI monitoring.
  • Implement robust tools/processes to identify/mitigate/assist Group Operations on operational risks, by way of OC reviews & tracking open issues for closure.
  • Manage and carry out independent output control and operational reviews, to support Group Operations to identify/mitigate/assist Group Operations on operational risks.
  • Assist in ensuring anti money laundering, Central Bank Guidelines and other internal policies/processes are strictly followed and any deviations are reported to levels prescribed.
  • Provide efficient support in demonstrating proactive pursuit of Group Operations initiatives and any external initiatives assigned to ORC / Group Operations and develop exception reports to suit the OC and operational reviews.
Qualifications
  • Bachelor's degree in Finance or related discipline.
  • 5-6 years' relevant experience in the banking sector with at least 3 years in similar positions of progressively increasing managerial responsibilities in the Risk Management function.
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