Kuda is a full-service, app-based digital bank. Our mission is to be the go-to bank not just for those living on the African continent, but also for the African diaspora wherever they might live, anywhere in the world. Kuda is free of ridiculous banking charges and great at helping customers budget, spend smartly, and save more.
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Operational Risk Loss Data & Business Continuity Officer
To identify, assess and mitigate inherent and residual risks to acceptable limits as well as emerging risks in the business environment
Responsibilities
Collect and analyze operational risk loss data from across the bank, identifying trends, patterns, and key risk areas
Prepare detailed reports on operational losses, risk exposures, and incidents for executive management, making recommendations for improvement.
Conduct products and process risk identification/ assessment and prepare risk assessment reports
Continuously monitor and assess the performance of products, identifying any emerging risks or vulnerabilities and recommending corrective actions.
Champion Business Continuity Plan (BCP) implementation to ensure continuity of critical operations during disruptions.
Conduct Business Impact Assessments to identify and prioritize business functions that are critical to operations, ensuring effective recovery strategies.
Ensure the BCP aligns with industry regulations (e.g., ISO 22301) and is regularly updated to meet changing requirements.
Collaborate with IT teams to develop disaster recovery plans for critical systems and data, ensuring rapid recovery during system failures or cyber incidents.
Conduct scenario analysis in line with the standards stated in the Scenario Analysis Framework at ORMC Meetings
Perform environmental scanning and advise Management on risks to the Business, conduct research and propose new ideas to aid management of Op-Risk
Prepare reports for MRC and BRMC presentations.
Anchor ORMC meetings to promote risk management knowledge and culture among Risk Champions
Requirements
First Degree in numerate/Social sciences.
Minimum of 2 years cognate experience preferably in audit or banking industry
Proficient knowledge of banking operations and product
Good knowledge of operational risk management process & techniques
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