
Risk Management Strategist
21 hours ago
Role Statement
The Head of Operational and Fraud Risk Management is responsible for leading and managing the operational and fraud risk management unit. The role maintains a comprehensive risk management framework, minimizing operational risks through proactive measures and advanced detection tools.
Key Objectives- Implement and monitor the Operational Risk Management (ORM) framework and Key Risk Indicators (KRIs) across the organization.
- Reduce recurring operational risk events by analyzing trends and implementing preventive measures.
- Ensure all critical functions maintain updated Business Continuity Plans (BCPs) to mitigate potential disruptions.
- Detect and prevent fraud using industry best practices in operational and fraud risk management.
- Measure and report the number of fraud cases detected and the monetary value of fraud incidents prevented.
- Achieve sustained reduction in fraud incidents through enhanced controls and awareness programs.
- Conduct regular operational and fraud risk assessments, ensuring comprehensive coverage of critical areas.
- Oversee the implementation of recommended risk mitigation measures and track their effectiveness.
- Maintain compliance with regulatory requirements related to operational and fraud risk management.
- Develop the operational and fraud risk team through regular training and professional development opportunities.
- Monitor team satisfaction and engagement through feedback and implement initiatives to enhance performance.
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