Operational Risk Framework Assessment :
Management of procedures : ensure process and procedures issued by the 1st Line of Defense are consistent with Group standards (upper level procedures).
Oversight on 1st Level controls : ensure that the 1st Line of Defense control framework is effectively designed and implemented.
Risk & Control Self-Assessment (RCSA) check and challenge :
o Risk mapping : ensure risks are identified and correctly assessed;
o Control mapping : ensure the control framework is updated and relevant to risks;
o Residual risks assessment challenge.
Review and validation of derogations (exemptions) to procedures and control plans.
Incident Management :
o Challenge historical incidents analysis and action plans defined;
o Analyse impact on risk and control framework assessment;
o Perform Quality Review on Historical Incidents collected.
Recommendations and Permanent Control Actions : monitoring of closure.
Contribution to the Operational Risk &Control report.
Contribute to the preparation, organisation and secretariat of the operational risk related committees (and notably the Internal Control Committee) at ISPL level in liaison with ISPL relevant teams.
Ensure comprehensive coverage of agenda items as per Group reference procedure.
Monitor the action plans identified.
Independent Control Testing for ISPL and thematic reviews :
Supervise First Line of Defense Control framework through adequacy assessment, verification and challenge
o Ensure that 1st level controls are performed in line with procedure and properly documented (audit trail),
o Ensure that unsatisfactory or marginally satisfactory controls result in the implementation of an action plan.
Execute relevant 2nd level controls (Re-performance) on relevance and performance of local extensions of generic control plans including Compliance delegated GCPs, if any.
Assist and advise the 1st Line of Defense in ISPL on 1st level controls improvements.
Review specific activities or processes from an operational risk perspective, to ensure that the relevant risks are correctly identified, assessed and appropriately mitigated.
Alert and escalate on attention points resulting from the controls.
Contribute to the production of a synthetic, comprehensive, and actionable testing results finding and recommendation reporting to senior management and RISK ORM.
Awareness / Training / Projects & Initiatives :
Promote and drive awareness to risks across ISPL.
Contribute to RISK ORM meetings, forums and committees.
Technical & Behavioral Competencies
General risk management awareness.
Sensitivity and / or experience in operational risk.
In-depth CIB-metier, products and processes knowledge.
Risk Identification, Risk Monitoring, Risk Mitigation, Risk Reporting Techniques and systems.
Familiarity with Computer applications such as Excel, Word, PowerPoint.
Familiarity with banking IT systems.
Familiarity with data analytics tool is an advantage.
Excellent interpersonal skills
Good presentation skills; clear verbal and written communication
Ability to work in a multi-cultural, team-oriented environment
Ability to work independently
Excellent project management skills
Demonstrate fine attention to details
Synthesis capabilities / problem solving skills
Service quality orientation
Result-focused, ability to honor tight deadlines
Specific Qualifications (if required)
Prior experience or practical understanding in previous roles may include but not limited to Front / Middle / Back Office, Operations or Functional role(s).
Previous experience in supervisory function such as RISK, Audit, Compliance, Finance is an advantage.
Behavioural Skills : (Please select up to 4 skills)
Ability to collaborate / Teamwork
Ability to synthetize / simplify
Communication skills - oral & written
Transversal Skills : (Please select up to 5 skills)
Ability to manage a project
Ability to develop and adapt a process
Ability to manage / facilitate a meeting, seminar, committee, training
Education Level :
Master Degree or equivalent
At least 5 years