Head Operational Risk at Unified Payment Services Limited

Job Objectives

To lead and oversee the identification, assessment, management, and mitigation of operational risks across the organization. The role is responsible for developing and maintaining 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