Job Responsibilities:

1) Develop and suggest short and long-term ORM strategy inline overall Risk Management Strategy and Business Plan

2) Review ORM Policy and maintain it in accordance to the regulations

3) Plan, develop and implement appropriate Operational Risk Management (ORM) framework across the bank considering risk gaps and the level of risk involved within the divisions

4) Prepare annual plan for Operational Risk Management RCSA activities and ensure that respective schedules are followed properly

5) Review existing and revised policies & manuals of the business and functions to identify and assess operational risks, map processes and devise or suggest elevation of controls wherever necessary

6) Review of aggregate ‘Loss Data’ and preparation of advance approaches or Basic Indicator Approaches and counter strategies for improving ORM function

7) Act as a secretary for the Operational Risk Management Committee and ensure that the Terms of Reference (TORs) are updated periodically.

Job Details

Functional Area:
Total Positions:
1 Post
Job Shift:
First Shift (Day)
Job Type:
Job Location:
No Preference
Minimum Education:
Degree Title:
Minimum Bachelors, Preferably Masters of Business Administration, accounting and finance, risk management or equivalent degree from a recognized institute or reputed foreign institute.
Career Level:
Experienced Professional
Minimum Experience:
10 Years (10-12 years’ experience in banking out of which 05 years in senior position in Risk Management function.)
Apply Before:
Feb 23, 2024
Posting Date:
Feb 15, 2024

Askari Bank Limited

Banking/Financial Services · More than 5000 employees - Islamabad

The bank was founded in 1992, and in the 27 years since , our growth and success patterns have far outgrown industry standards. It is a matter of pride for us to be able to offer one of the widest array of products to our customers through our extensive branch network all over the country. Services offered:- Consumer Banking Services Personal Finance Mortgage Finance Business Finance Smart Cash Auto Financing Askari Debit Card Travelers Cheques Value Plus Deposits Profit / Marckup Rates on Products/p

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