Role Objective

The Operational Risk Analyst will provide assistance in effectively embedding a culture of risk management within the organization and maintaining the overall adequacy and effectiveness of the operational risk management techniques/ processes. The incumbent will assist in ensuring independent and objective identification, assessment, measurement, monitoring and control of operational risk for Doha Bank. The job holder will assist in the establishment of appropriate loss reporting mechanisms and utilization of same to reduce operational losses faced by the Bank.

Detailed Roles and Responsibilities:

• Assist in developing and improving Doha Bank’s operational risk framework which aims to set out the principles, methodology and techniques to establish effective operational risk management.
• Assist in updating/ expanding the existing policies and procedures relevant to operational risk in light of changing market conditions based on Central Bank regulations and other leading practices and guidelines to establish a sound environment for identifying, assessing, measuring, monitoring and controlling of operational risks.
• Participate in the review and approval process of Doha Bank’s policies and procedures by identifying control weaknesses or process gaps and providing meaningful recommendations and corrective measures in new product or policies and procedures proposal.
• Assist in identifying risks and controls of all business and functional groups.
• Analyze & measure effectiveness of controls, identify residual risks and recommend risk acceptance by Management.
• Maintain database of risks and controls for each business and functional groups.
• Assist in identifying, establishing and implementing the Bank’s KRI.
• Investigate on operational loss events reported from business / or functional group.
• Identify control gaps, accountabilities and policy violations.
• Recommend control measures addressing all control gaps identified.
• Record the loss events into the system.
• Reconcile financial figures against core banking system.
• Prepare and provide high frequency and severity events to the Senior Operational Risk analyst.
• Assist in following-up with / monitoring corrective actions.
• Work closely with the Senior Operational Risk Analyst and Section head – Operational Risk to keep them updated of any issues, Operational incidents, audit/ regulatory issues etc.

Qualifications & Experience:

• University graduate with a degree in Business or Banking or Finance or any other related discipline.
• Master’s degree in related discipline will be an added advantage.
• 05-08 years of total experience in financial services/banking industry, entailing responsibilities pertaining to the specific area of discipline.
• Experience in operational risk in banking industry.

Certifications

• Professional certification/ qualification such as CA or CIA or CMA would be desirable
• QFSQF Level 2