Employment Opportunity

A reputable Commercial Bank in Zambia is seeking to recruit self-motivated, enthusiastic and innovative persons to fill the following position:

Team Lead- Operational Risk

S/he will perform the responsibility of:

• Implement framework, procedures and practices to ensure that operational risk is appropriately identified, measured, monitored and controlled
• Drive implementation of operational risk action plan approved by the board
• Oversees the implementation of operational risk approach and strategies that are aligned with the Group’s vision, mission and corporate objectives
• Identifies country specific business risks in light of strategy and country/business specific operational changes
• Determine and approve operational risk limits
• Provide up-to-date industry review as input for operational risk management
• Define Key Risk Indicators for operational risk across business areas Develop strategies for mitigating all business and operational risk
• Oversee and ensure the integrity of operational risk assessment process across the business
• Provide direction and drive assimilation of Operational risk management culture across all levels and functions bank wide
• Implement and maintain the bank’s economic capital assessment and allocation methodologies for operational risk
• Establish risk mitigation and control processes
• Perform other functions as assigned by the Head Operational Risk Mgt Int.

Qualification and Skills: 

• A good first degree in any discipline. Relevant Masters’ degree will be an advantage
• Recognized professional certification such as CFA, CIS, ACCA, ACA, CFP, IT Certifications, etc.
• Knowledge of operational risk best practices
• Advanced knowledge of operational risk measurement
• Minimum of 8 years post qualification experience in operational risk management within the Financial Services Industry, of  which at least 5 must have been in the Banking Sector and 3 years must have been at a management level
• Banking Operations (Domestic & International Operations)
• Credit Analysis / Appraisal
• Environmental / Industry Analysis
• Investment / Portfolio Management
• Assets & Liabilities Management
• Financial analysis / interpretation
• TQM
• Documentation

Required Knowledge, Skills and Abilities

• Strategic Focus/ Orientation
• Integrity and Discretion
• Analytical skills / Problem solving
• Resilience, Tenacity and Integrity
• Interpersonal skills
• Communication (oral & written