Manager - Operational Risk (AVP)

"The Nation's Bank", National Bank of Pakistan aims to support the financial well-being of the Nation along with enabling sustainable growth and inclusive development through its wide local and international network of branches. Being one of the leading and largest banks of Pakistan, National Bank of Pakistan is contributing significantly towards socioeconomic growth in the country with an objective to transform the institution into a future-fit, agile and sustainable Bank.

In line with our strategy, the Bank is looking for talented, dedicated, and experienced professional(s) for the following position inthe area of Risk Management based at Karachi.

The individuals who fulfill the below basic-eligibility criteria may apply for the following position:

Position / Job Title:
Manager - Operational Risk (AVP)

Reporting to:

Unit Head - RCSA (Business Support Function)

Educational /Professional Qualification:

• Minimum Graduation or equivalent, preferably in Banking and / or Accounting and / or Finance and / or Business Administration and / or Economics and / or a related discipline from a local / international university / college / institute recognized by HEC of Pakistan

• Candidate having a first-class bachelor's and / or master's degree will be preferred

Experience:

• Minimum 06 years of working experience in a Financial Institution and / or Audit Firm and / or consultancy, out of which 03 years in Operational Risk and / or Internal Controls and / or Internal Audit

Other Skills / Expertise / Knowledge Required:

• Good analytical skills with an aptitude for identifying, assessing risks, devising controls and mitigants

• Knowledge of risks, controls and regulatory requirements

• Effective communication and presentation skills

Outline of Main Duties / Responsibilities:

• To assist the supervisor in developing, reviewing and updating the Risk & Control Self Assessment (RCSA) framework, methodology and procedures for Business and Support Functions, as and when required

• To drive the implementation and embedment of the RCSA framework across business and support functions through effective stakeholder engagement and awareness sessions

• To coordinate with business and support function owners to identify, assess and document key risks, controls, control gaps and mitigation plans through periodic RCSA exercises

• To review and challenge RCSAs submitted by process owners to ensure all material risks, controls and associated action plans are adequately identified and documented in line with the approved methodology

• To engage with stakeholders to identify, review and monitor Key Risk Indicators (KRIs) and ensure timely reporting and escalation of threshold breaches

• To maintain an updated list of Risk Management Coordinators (RMCs) for business and support functions and ensure effective coordination with them

• To maintain a sound understanding of the Bank's risk management framework, operational risk policies, regulatory guidelines and internal procedures relevant to business and support functions

• To monitor the implementation and timely closure of action plans arising from RCSA exercises and report overdue or critical items to management

• To analyze RCSA outcomes, emerging risks, control weaknesses, trends and prepare periodic MIS and management reports for senior management and relevant committees

• To provide value added feedback from a risk and control perspective on new products, policies, processes and procedural changes impacting business and support functions

• To coordinate with Internal Audit, Compliance, and Business Units to ensure alignment of RCSA activities with the Bank's overall risk management framework

• To perform any other assignment assigned by the supervisor(s)

Place of Posting:

Karachi

Assessment Interview(s)

Only shortlisted candidates strictly meeting the above-mentioned basic eligibility criteriawill be invited for panel interview(s).

Employment Type:

The employment will be on contractual basis for three years which may be renewed ondiscretion of the Management. Selected candidates will be offered compensationpackage and other benefits as per Banks Policy / rules.

Apply within 10 working days from the date of this job posting.

Applications received after due date will not be considered in any case. No TA / DA will be admissible for interview.

National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.