KCB Senior Operational Risk Manager

Senior Operational Risk Manager

Reporting to the Head Operational Risk, Operational Risk Department, this position is responsible for embedding an effective Operational Risk Management Framework (ORMF) within the Retail Banking Division to ensure all areas manage operational risks in a proactive, risk based and disciplined manner; the position also assists the Head of Operational Risk in governance oversight, over operational risk management from an end-to-end basis through the Group Operational Risk and Compliance (GORCCO); this position supports the Head of Operational Risk and Branch Managers to drive operational risk management disciplines that facilitate the balance of business growth with firm controls of risk and protect the achievement of superior financial performance.

Key Responsibilities

• Ensure adherence to the operational risk management framework in the identification, assessment, mitigation and control and monitoring of risk. In this regards, ensure sufficient traction and follow through management actions to mitigate identified operational risks and Audit failures; escalating issues to the Head of Operational Risk, Regional Business Managers and Divisional Directors.
• Analyze and consolidate the Group Operational Risk Profile, relevant loss and risk reporting to GORCCO, CRO and Head of Operational Risk and, ensure the accuracy and completeness of data
• Ensure that relevant Group and Business policies are effectively embedded within the Retail Banking Division especially branches. Facilitate the design and implementation of Risk control self-assessment (RCSA) and related key risk indicators (KRI) and monitoring plans for compliance and operational risk management.
• Risk review new business initiatives in products, processes and new markets through the New Product Approval process.
• Ensure the Group business processes have a resilient Key Controls Framework.
• Lead and coordinate training efforts to promote risk management and compliance culture within the bank and branch network in particular. Ensure gaps are identified and staffs are suitably trained on operational risk.
• Value-add to the Business by identifying new and developing risks through reviews of new products and processes and participating in post implementation reviews.
• Deputize Head of Operational risk and support in day to day running of the department
• Daily risk monitoring through Key risk indicators and Key Control testing.
• Planning, scheduling and conducting of risk control self-assessment workshops

Position Qualifications/Requirements

• University Degree in Business related field.
• Professional qualification in ACIB/AKIB/ CPA (K)/ACCA/ IRM/ PRM/FRM and. Master’s in Business Administration will be an added advantage
• Minimum of 6 years’ experience in operational risk management with at least 3 years in a risk management position.
• Demonstrable experience in engagement with various Regional Service Quality and Compliance managers in risk identification, assessment and reporting from the departments and ensure outstanding operational risk issues and action plans are being undertaken.
• A strong understanding of Risk Management and Knowledge of internal controls.
• Demonstrable ability to collate and analyse data in large volumes.

The above position is demanding for which the bank will provide a competitive package for the successful candidates.  If you believe you can clearly demonstrate your abilities to meet the criteria given above, please submit your application with a detailed CV, stating your current position, remuneration level, e-mail and telephone contacts quoting the job title/reference in the subject field to recruitment@kcb.co.ke

To be considered your application must be received by Oct. 11, 2013.

Only short listed candidates will be contacted.

JOB REF: RISK042013