Operational Risk Analyst
Xapo Bank
Accounting, Auditing & Finance
Remote (Work From Home) Full Time
Banking, Finance & Insurance NGN Confidential
New
Yesterday
Job Summary
The Operational Risk Analyst, reporting to the Chief Risk Officer, is responsible for leading efforts into identifying, assessing, and monitoring the amount of risk the business is exposed to.
- Minimum Qualification:Degree
- Experience Level:Senior level
- Experience Length:5 years
Job Description/Requirements
Responsibilities:
- Develop, implement, and maintain an operational risk management framework including processes for identifying, collecting, and analyzing operational risks.
- Set risk appetite, policies, and standards with regard to operational risks.
- Ensure the organization’s operational risk management policies and strategies are in compliance with applicable regulations and evaluate plans to introduce new products and supporting operations
- Develop and implement a comprehensive third-party risk management program to ensure adequate oversight of third-party relationships
- Develop key operational risk indicators and provide regular reporting to senior management and the board detailing operational risk exposures and performance against risk appetite
- Maintain a risk register and inventory of controls and make recommendations to reduce or control risk.
- Manage enterprise-wide document library and provide assistance in the development and updating of policies and procedures
- Analyze root causes and trends that could lead to heightened risk, and assist management in implementing corrective actions
- Study regulation and legislation directly affecting the company.
- Develop contingency plans to deal with stressful situations.
Requirements:
Bachelor’s Degree in Finance, Economics, Mathematics or Statistics- 5+ years’ experience in Banking and the Operational Risk field
- Experience in Quantitative Analysis and Risk Modelling
- Strong project management, numeracy, analytical and problem-solving skills
- Operational Risk certification or similar industry-accepted certifications
