To implement operational risk management policies, framework and component guidelines across WBG in order to ensure operational risk activities are complied with as required by group operational risk management
ACCOUNTABILITIES Risk Management
Manage risk control self-assessment (RCSA) program for WBG business Units; test relevant controls, collect data for existing KIs, monitor KIs against benchmarks in order to ensure any breaches are escalated to businesses for their comments and improvements
Update SWORD in order to ensure accurate records are maintained
Business Continuity Plan
Implement business continuity plan across WBG at the pre-defined intervals in order to ensure compliance
Operational Loss Data Process
Maintain operational loss data records to ensure completeness, accuracy and comprehensiveness of loss data
Analyse operational losses in collaboration with business owners in order to identify underlying causes
Develop and monitor action plans to ensure appropriate actions are implemented to mitigate further losses
Reporting
Report all operational risk breaches, shortcomings, non-compliances to line manager in order for these to be reviewed and appropriate remedial action taken
Relationship Management
Liaise with BORM ensure timelines set for operational risk activities are complied with as required by group operational risk management
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
Self-Management
Manage self in line with the bank's people management policies, procedures, processes and practices to ensure adherence and to maximise own contribution to business performance
Customer Service
Demonstrate Our Promise and apply the ADCB Service Standards to deliver the bank's required levels of service in all internal and external customer interactions
REQUIREMENTS EXPERIENCE & QUALIFICATIONS Minimum Experience At least 5 years of experience in banking including 3 years of experience in a operational-risk or compliance
Minimum Qualifications Bachelor's Degree in Business, Accounting or Finance
ABOUT THE COMPANY Founded in 1985, ADCB employs more than 4,000 staff from 62 nationalities, serving over 600,000 retail customers, and approximately 50,000 corporate and SME clients. The bank operates in 48 branches, 4 pay offices, 2 branches in India, 1 branch in Jersey and a representative office in London. By the end of March 2015, the total assets of ADCB amounted to AED 207 billion.
ADCB is a full-service commercial bank that offers a wide range of products and services including retail banking, wealth management, private banking, corporate banking, commercial banking, cash management, investment banking, corporate finance, foreign exchange, interest rate, currency derivatives, Islamic products, project finance and property management services.
ADCB is 58.08% owned by Abu Dhabi Investment Council, the investment arm of the Government of Abu Dhabi. The banks shares are traded on the Abu Dhabi Securities Exchange. By the end of March 2015, excluding treasury shares, ADCBs market capitalization was AED 34 bn .
