Operational Risk Analytics Officer
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What you'll do
- Create and maintain operational risk databases, dashboards, and monitoring reports.
- Coordinate with different business and support units to collect, review, validate, and update risk information.
- Track outstanding operational loss exposures and help ensure that reported incidents are properly assessed.
- Analyze risk data to identify patterns, process gaps, and areas that may require additional controls or monitoring.
- Prepare clear and timely reports for management based on risk assessments and data collected across the organization.
- Recommend improvements to risk management tools, controls, and data collection processes.
- Develop and maintain analytical models using Microsoft Excel, Power BI, PowerApps, and other Microsoft applications.
- Provide guidance and walkthroughs to teams involved in operational risk management activities.
- Support administrative and coordination requirements of the department.
What they're looking for
- Bachelor’s degree in Business Management, Economics, Industrial Engineering, Applied Mathematics, or a related field.
- At least two to three years of experience in banking operations.
- Understanding of operational risk management frameworks and tools.
- Familiarity with banking operations, transaction or product lifecycles, and relevant financial regulations.
- Proficiency in Microsoft Excel and experience developing logical or mathematical models.
- Strong analytical and problem-solving skills, particularly in interpreting process flows and identifying gaps.
- Excellent written and verbal communications skills.
- Collaborative, self-motivated, organized, and attentive to detail.
Nice to have
- Working knowledge of Power BI, Power Apps, or similar data and reporting tools is an advantage.
Summarised by NextRaise from the employer’s description, which follows in full below.
Full description from employer
AboutYou&theRole
Youareanalytical,detail-oriented,andcomfortableworkingwithdatatounderstandhowoperationalrisksmayaffecttheorganization.Youenjoyturningcomplexinformationintoclearinsightsandcollaboratingwithdifferentteamstosolveproblems.
AsanOperationalRiskAnalyticsOfficer, you will support the implementation and continuousimprovementoftheBank’soperationalriskmanagementtools.Youwillgatherandanalyzequalitativeandquantitativeriskdata,monitorriskindicatorsandlossincidents,andhelpproducemeaningfulreportsthatsupportmanagementdecision-making.
WhatYouWillBeDoing
- Createandmaintainoperationalriskdatabases,dashboards,andmonitoringreports.
- Coordinate with different businessandsupportunitstocollect,review,validate,andupdateriskinformation.
- Trackoutstandingoperationallossexposuresandhelpensurethatreportedincidentsareproperlyassessed.
- Analyzeriskdatatoidentifypatterns,processgaps,andareasthatmayrequireadditionalcontrolsormonitoring.
- Prepareclearandtimelyreportsformanagementbasedonriskassessmentsanddatacollectedacrosstheorganization.
- Recommendimprovementstoriskmanagementtools,controls,anddatacollectionprocesses.
- DevelopandmaintainanalyticalmodelsusingMicrosoftExcel,PowerBI,PowerApps,andotherMicrosoftapplications.
- Provideguidanceandwalkthroughstoteamsinvolvedinoperationalriskmanagementactivities.
- Supportadministrativeandcoordinationrequirementsofthedepartment.
WhatSuccessLooksLike
Inthisrole,youwillbesuccessfulwhen:
- Operationalriskdatabases,dashboards,andreportsareaccurate,complete,andregularlyupdated.
- Riskindicators,lossincidents,andoutstandingexposuresarereviewedandescalatedontime.
- Managementreceivesclear,relevant,anddata-driveninsightstosupportriskdecisions.
- Riskassessmentandmonitoringparametersaresupportedbysoundstatisticalanalysis.
- Opportunitiestoimprovetools,processes,controls,anddataaccuracyareidentifiedandrecommended.
- Businessunitsreceivepracticalguidanceonoperationalriskpoliciesandactivities.
- RiskreportshelpstrengthentheBank’soperationalriskprofile,controls,mitigationstrategies,andregulatorycompliance.
Qualifications
- Bachelor’sdegreeinBusinessManagement,Economics,IndustrialEngineering,AppliedMathematics,orarelatedfield.
- Atleasttwotothreeyearsofexperienceinbankingoperations.
- Understandingofoperationalriskmanagementframeworksandtools.
- Familiaritywithbankingoperations,transactionorproductlifecycles,andrelevantfinancialregulations.
- ProficiencyinMicrosoftExcelandexperiencedevelopinglogicalormathematicalmodels.
- WorkingknowledgeofPowerBI,PowerApps,orsimilardataandreportingtoolsisanadvantage.
- Stronganalyticalandproblem-solvingskills,particularlyininterpretingprocessflowsandidentifyinggaps.
- Excellentwrittenandverbalcommunicationskills.
- Collaborative,self-motivated,organized,andattentivetodetail.
WhatYouCanExpectHere
- ExposuretooperationalriskactivitiesacrossdifferentareasoftheBank.
- Opportunitiestostrengthenyourskillsinriskanalytics,datavisualization,reporting,andprocessimprovement.
- Hands-onexperienceusingriskmanagementtoolsandtranslatingdataintoactionableinsights.
- Collaborationwithbusiness,support,andriskmanagementteamsacrosstheorganization.
- Opportunitiestocontributetostrongercontrols,betterriskawareness,andmoreinformeddecision-making.
- A role whereyouranalyticalworkcansupportthecontinueddevelopmentoftheBank’soperationalriskmanagementframework.
Now
Ifyouarereadytouseyouranalyticalskillstohelpstrengthenriskmanagementandsupportbetterbusinessdecisions,weencourageyouto
Company
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