Head, Operational Risk at Unified Payment Services Limited

Job Objectives

• Lead and oversee the identification, assessment, management, and mitigation of operational risks across the organization
• Develop and maintain the operational risk management framework, ensuring that operational risks are effectively managed to safeguard the organization's assets, reputation, and operations

Duties and Responsibilities

• Develop and implement the operational risk management framework and strategy, ensuring that operational risks are effectively identified, assessed, and managed
• Lead the identification and assessment of operational risks across all business units and processes
• Oversee the development and execution of operational risk assessments, ensuring comprehensive identification of potential risks across the organization
• Continuously monitor key operational risks, key risk indicators (KRIs), and risk trends, identifying emerging risks and areas of concern
• Work closely with senior management to develop and implement risk mitigation strategies and ensure that operational risks are aligned with the organization's risk appetite
• Monitor and report on operational risk exposure, ensuring that risk limits and mitigation strategies are in place and adhered to
• Ensure that operational risks are considered in all key business decisions and that appropriate risk assessments are performed for new products, systems, and processes
• Lead risk assessment exercises and ensure the integration of operational risk assessments into business planning and decision-making processes
• Provide guidance and oversight on business continuity, disaster recovery plans, and other operational risk-related strategies
• Ensure that operational risk management practices comply with local regulations and industry standards