Operational Risk Officer at Unified Payment Services Limited

Job Description

• Operational risk assessment of all departments in UP and other subsidiaries which involve evaluating the operations and activities of these departments in order to identify, assess, measure and mitigate risks.
• The staff will also assist in providing risk mitigating factors to the units involved, remediation options and process improvement ideas.
• Follow up with business units to design and implement controls and action plans to mitigate operational risk thereby ensuring the effective running of the enterprise business.
• Planning, managing, and providing ongoing support for the implementation of the company’s operational risk framework.
• Facilitate Risk and Control Self-Assessment (RCSAs) Workshop for business units while working closely with them to identify and monitor relevant Key Risk indicators. The staff will also assist business units in developing Key Risk Indicators (KRI) for all key risks in the business, creation and reporting of KRIs including thresholds in the risk dashboards.
• Work with business units to design and implement controls or action plans to mitigate operational risk thereby ensuring the effective running of the company’s business. This function will also entail carrying out internal control functions to guarantee effectiveness and efficiency of operations, reliability of transaction reporting, drafting of policy documents and compliance with applicable laws and regulations.
• Prepare operational risk report to management and analyze operational risk incidence.

Requirements

• Candidates should possess a B.Sc qualification with 3 - 7 years work experience.