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Deputy Manager, Operational Risk

Salary: QAR25000-QAR28000
Location: Qatar
Type: Permanent
Advertiser: Huxley Associates
Posted: 23 July 2012
Reference No.: GJM-33382
Are you interested in joining the fastest growing economy in the world•
With an expected growth of 18.3% for 2011 and a stable economy based on Oil and Gas, Qatar is currently the strongest financial place in Middle East.
Due to this economic boom, our client, a top tier bank in Qatar, is actively looking to recruit a Deputy Manager for Operational Risk to join its expanding Risk team; the jobholder will be in charge of assisting the Head of the department in implementing an efficient operational risk framework within the bank

Position is based in Doha, Qatar

The main responsibilities will include:
-Ensure that all identified operational risks of each business unit are mitigated by adequate controls through proper risk assessment methodologies.
-Set up and maintain a detailed and accurate database of risks and control for each business unit
-Conduct regular tests on effectiveness of controls and share the results with the Management
- Identify , implement , analyse and monitor the Bank Key Risk Indicators
-Manage the Bank operational loss events database by identifying and recording control gaps, accountabilities and policy violations. Report severity events to Management and follow-up with corrective actions
-Provide recommendations and corrective measures for any new or existing product or policies and procedures.
- Ensure compliance with the Bank policy on outsourcing as well as evaluate the risks in current and future outsourcing projects.

The ideal candidate will have:
- a Bachelor Degree in Banking, Finance or related subject; Master/MBA will be a plus
- 6 to 8 years experience in risk management and/or auditing for a renowned banking institution
- Very good knowledge of risk tools and International regulations
- Strong analytical skills, eye for details
- Excellent relations building and communication skills in English (mandatory) and Arabic (preferred)
Are you interested in joining the fastest growing economy in the world•
With an expected growth of 18.3% for 2011 and a stable economy based on Oil and Gas, Qatar is currently the strongest financial place in Middle East.
Due to this economic boom, our client, a top tier bank in Qatar, is actively looking to recruit a Deputy Manager for Operational Risk to join its expanding Risk team; the jobholder will be in charge of assisting the Head of the department in implementing an efficient operational risk framework within the bank

Position is based in Doha, Qatar

The main responsibilities will include:
-Ensure that all identified operational risks of each business unit are mitigated by adequate controls through proper risk assessment methodologies.
-Set up and maintain a detailed and accurate database of risks and control for each business unit
-Conduct regular tests on effectiveness of controls and share the results with the Management
- Identify , implement , analyse and monitor the Bank Key Risk Indicators
-Manage the Bank operational loss events database by identifying and recording control gaps, accountabilities and policy violations. Report severity events to Management and follow-up with corrective actions
-Provide recommendations and corrective measures for any new or existing product or policies and procedures.
- Ensure compliance with the Bank policy on outsourcing as well as evaluate the risks in current and future outsourcing projects.

The ideal candidate will have:
- a Bachelor Degree in Banking, Finance or related subject; Master/MBA will be a plus
- 6 to 8 years experience in risk management and/or auditing for a renowned banking institution
- Very good knowledge of risk tools and International regulations
- Strong analytical skills, eye for details
- Excellent relations building and communication skills in English (mandatory) and Arabic (preferred)
(Huxley Associates acts as an Employment Agency and an Employment Business)

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