Job title: Head of Operations Governance and Control
Company: Inspire Selection
Job description: Job DescriptionOur banking client is looking to hire a Head of Operational Governance to oversee risk and governance within their growing operations department.Key Responsibilities:
Strategy & Framework: Develop, implement, and maintain the Operational Risk Policies and framework, ensuring alignment with industry best practices and regulatory requirements. Define and monitor operational risk appetite boundaries, proposing remediation plans as needed.
Control Design & Effectiveness: Establish a framework for ongoing design and effectiveness testing of key controls, including the development and monitoring of corrective action plans.
Risk Assessment & Reporting: Lead the operational loss forecasting process, providing regular reporting and insightful analysis to drive critical business discussions. Manage the Management Information process, ensuring data quality, compliance with standards, and effective gap analysis.
Policy Management: Oversee the implementation of a comprehensive policy management framework to ensure operational adherence to key policies.
Governance & Oversight: Independently assess risks and drive actions to address root causes of operational losses. Serve as a subject matter expert for Issues Management (KPI/KRI/Corrective Action Plans). Analyze performance management tools to mitigate risk exposures.
Stakeholder Management: Build and maintain strong relationships with business users and Lines of Defense to understand their needs and deliver effective solutions.
Operational Control & Governance Process: Perform independent reviews of policies and procedures to ensure alignment with governance frameworks. Create and manage issue mitigation strategies, driving issues to closure. Facilitate risk governance committees and provide insightful analysis.
Audit & Compliance: Engage with internal and external audit teams, ensuring feedback is acted upon and appropriate corrective measures are implemented. Manage audit activities for operations and IT.
Business Continuity: Oversee Business Continuity across all aspects of Operations, including systems, processing, and site presence. Review business controls, compliance requirements, and audit concerns, implementing proactive solutions.
Team Leadership: Lead, mentor, and develop a high-performing team of operational governance professionals. Foster a culture of continuous improvement and accountability.
Qualifications:
Degree educated in Finance or related subject
15-20 years of experience within a banking environment, with at least 10 years specifically focused on operational controls and governance.
A proven ability to drive change, a forward-thinking mindset, and comfort working with data. Deep understanding of risk functions within the financial services industry is essential.
Detailed knowledge of banking procedures and the ability to translate operational routines into effective controls. Experience with process improvement and audits is crucial.
Demonstrated experience in proactively identifying performance gaps and implementing effective management oversight to drive resolution.
Ability to operate with minimal supervision, exercising independent judgment and autonomy.
Proven ability to act as a Subject Matter Expert (SME) to senior stakeholders and team members.
Strong risk awareness and the ability to appropriately assess risk in business decisions. Commitment to compliance with applicable laws, rules, and regulations, adherence to policy, sound ethical judgment, and transparent escalation and reporting of control issues.
Strong logical thinking skills, combined with excellent business planning and strategic thinking capabilities.
Thank you for your application. Only suitable candidates will be contacted.Please note that by applying to this role, your profile will be searchable in our database. Our Recruiters will contact you should another suitable role become available
Expected salary:
Location: Dubai
Job date: Sun, 26 Jan 2025 08:29:47 GMT
To help us track our recruitment effort, please indicate in your email/cover letter where (jobsnear.pro) you saw this job posting.Thanks&Good Luck