Analyst - New Initiatives and Third Party Risk Oversight

JOB PURPOSE:

To support the implementation of ADCB\xe2\x80\x99s enterprise-wide New Initiatives, Outsourcing, Third Party Risk Assessment methodologies and policies to ensure that operational risks are managed in line with risk strategy and appetite.

• New Initiatives Approval Policy (NIA), Outsourcing Policy and Guidelines and Third Party Risk Assessment (TPRA) Policy : Well versed with the New Initiatives Approval Policy (NIA), Outsourcing Policy, Guidelines and Third Party Risk Assessment (TPRA) Policy and ORM policies and Framework.
• New Initiatives Risk Assessments, Outsourcing and Third Party Risk Assessment (TPRA): Regular follow up for completion of all New Initiatives Risk Assessments, Outsourcing and TPRA Questionnaires. Maintain NI&TP Risk Oversight Mailbox. Ensure all Correspondences have been updated, saved and referred internally. Manage the flow of NIRA\xe2\x80\x99s in the ORMS and keep and up to date view on movement daily.
• Training and Support: Attend New Initiatives Risk Assessments, Outsourcing and Third Party Risk Assessment (TPRA) meetings, briefing sessions and trainings.

Perform administrative functions as assigned including taking of minutes, sending invitations and managing attendees.

• Risk Monitoring and Reconciliation: Keep the New Initiatives Risk Assessments, Outsourcing and Third Party Risk Assessment (TPRA) trackers up to date regularly.

Regularly following-up for latest information with regards to New Initiatives Risk Assessments, Outsourcing and Third Party Risk Assessment (TPRA) matters.

• Reporting: Ensure data reported were required,is accurately reflected in the ORM databases.

Provide input into management reports to keep internal stakeholders apprised of the status of Operational Risk.

• People Management: Manage self (self-motivation) in line with ADCB\xe2\x80\x99s people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance.
• Policies, Processes, Systems and Procedures: Adhere to all relevant organisational and departmental policies, processes, standard operating procedures and instructions so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to customers and stakeholders.
• Continuous Improvement: Participate in the identification and implementation of change initiatives, programs and projects in line with the bank\xe2\x80\x99s standards and to ensure efficient use of resources.
• Customer Service: Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank\xe2\x80\x99s required levels of service in all internal and external customer interactions.

Skills

Required Skills and Experience

• Minimum Experience: At least 2 years of experience in Operational Risk Management, Governance, Control or Non-Financial Risk Management in a Financial Institution.
• Minimum Qualifications: Bachelor\xe2\x80\x99s Degree in Finance, Accounting, Economics, or Business Administration is recommended.
• Professional Qualifications: Risk Management/ Operational Risk Management qualification, e.g. CORM certificate is a plus.
• Knowledge and Skills: Microsoft Office (Word, Excel and PowerPoint) Analytical skills.

If you hold the relevant experience and are interested in joining ADCB please apply now.

• Operational Risk Management
• Risk Management
• Third Party Risk Oversight
• Banking Subsidiaries
• Industry
• Banking Financial Services
• Employment Type
• Full-time
• Job Functions
• Fi

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