Operational Risk Analyst at Advans Ghana Savings & Loans

What will your role be?

• Under the direct supervision of the Chief Risk Officer, the Operational Risk Analyst would perform various functions, with a focus on processes risk mitigation for achieving organizational goals.

This means to:

• Work with business units to understand business drivers, concerns, future and offer support to mitigate risk.
• Work with business units to understand business drivers, concerns, future and offer support to mitigate risk.
• Support in completion of business unit-specific risk/control self-assessments, annual assessment reviews, and scenario analysis exercises, as well as analyzing the root causes of operational exceptions and assisting in the development and completion of risk mitigation strategies
• Continually perform review of processes and procedures to ascertain adequacy of controls and advice management on existing risks.
• Monitor to ensure key risk indicators are in place and provide monthly reports
• Update and maintain all operational risk management systems, models, procedures, and tools
• Develop control enhancements to ensure that any known risks are controlled within acceptable boundaries and consistent standards
• Monitor and track operational risk issues on regular basis.
• Conduct presentations and workshop sessions on risk identification and mitigation
• Gather operational risk-related data from internal or external resources and conducting statistical analyses to quantify risk
• Management of incidents including assessment, reporting analysis and remediation
• Investigate control breaches and recommend enhancement to existing policies to mitigate risk.
• Identify, manage, strengthen, and alert management on all key inherent risks and assist in designing effective controls to mitigate such risks.
• Work together with other organizational line of defense (i.e. Compliance, Internal Audit, etc.)

Reporting

• Produce input for monthly management reports for review
• Support in drafting Exco/MRC/Risk committee Reports
• Produce Adhoc reports for review
• Draft reports on Operational Risk Assessment findings, threats and exposure levels

What kind of profile are we looking for?

• A good first Degree in any field, plus Professional qualification in Banking (ACIB). At least 3 years’ experience as Operational Risk Analyst/Officer, Internal Control/Audit Officer/Process development Officer (preferably in the financial sector)
• Familiarity with process adequacy and efficiency testing, knowledge of risk management frameworks like COSP.
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
• Advanced Microsoft excel skills