Operational Risk And Fraud Manager
CurrentResponsible for the development, improvement and embedment of a strong and effective Operational Risk Framework across 5 countries to ensure current and emerging risks are proactively identified and managed to enhance compliance with Operational risk management framework and regulatory requirements.Duties and Responsibilities:• Conduct company-wide operational risk identification, assessment and provide analysis to the management and board.• Develop a Quarterly risk report and present it to the Board and senior management.• Facilitating the region’s Risk Committee and ensuring the timely tracking and resolution of identified risks and control failures.• Maintaining the Middle East and Turkey’s risk registers.• Continuously monitor risk exposures and deviations from established risk limits.• Testing the operational effectiveness and key controls including but not limited to sampling 1st line checks.• Identify operational risk issues and gaps, investigate the root causes, and propose corrective measures and actions.• Maintaining regular engagement and providing feedback with/to the key internal and external stakeholders and ensuring timely implementation of internal/external audit and regulator’s recommendations as required.• Development of the annual review plan –developing the risk-based annual risk assurance plan• Ensure that systems and controls are in place to deter, detect, and record instances of fraud or attempted fraud.• To report any actual or attempted fraud incident to appropriate authorities (including CBB) and follow up.• Monitoring systems to measure fraud patterns that might reveal a series of related fraud incidents.• Overall responsibility for preventing, detecting, and remedying fraud within the organization.• Provide regular training to the management and staff to make them aware of potential fraud risks.
