Operational Risk Manager

Developing and implementing an operational risk management framework that aligns with the company's overall risk management strategy. Establish risk management policies, procedures, and guidelines to identify, assess, monitor, and mitigate operational risks. Lead the identification and assessment of operational risks across all business units and functions. Conduct regular risk assessments and maintain a comprehensive risk register. Oversee the implementation of risk control measures and ensure their effectiveness. Develop and maintain key risk indicators (KRIs) to monitor operational risks. Prepare and present regular risk reports to senior management and the board of directors, highlighting key risk exposures and mitigation actions. Ensure timely escalation of significant risk issues to appropriate stakeholders. Oversee the management of operational risk incidents, including root cause analysis, impact assessment, and remediation actions. Develop and implement a robust incident reporting and tracking system. Ensure lessons learned from incidents are incorporated into risk management practices. Ensure compliance with relevant regulatory requirements and industry best practices related to operational risk management. Liaise with regulatory bodies and ensure timely submission of required reports and disclosures. Promote a strong risk culture across the organization through training, awareness programs, and communication. Provide guidance and support to business units in embedding risk management practices into their daily operations. Develop and maintain business continuity and disaster recovery plans to ensure the company's resilience in the face of operational disruptions. Conduct regular testing and review of business continuity plans. Oversee the management of risks associated with third-party service providers, including due diligence, contract review, and performance monitoring.vvvvv Ensure third-party risk management practices are integrated into the overall operational risk framework. Lead and manage the operational risk management team, providing direction, mentorship, and performance feedback. Manage the operational risk department’s budget and resources effectively, ensuring efficient use of funds and alignment with strategic priorities.