To identify, review and assess enterprise level risks (such as strategic, reputational, operational, ML/TF/PF, compliance, fraud, shariah non-compliance risks etc.) associated with any new product/service initiative.
To ensure that all new products/services are in line with the business strategy and risk appetite of the Bank.
To ensure that material changes to existing products shall go through comprehensive review and assessment to identify the risks associated with these products.
To provide a centralized platform to ensure risk assessment by all technical expert functions (such as Information Security, Compliance, Information Technology, Legal, Finance, Operations etc.) on a consistent basis, following a standardized process and minimizing chances of assuming unnecessary risks.
Responsible for documentation of key risks along with associated controls via the Risk Assessment Sheet
To seek proactive remediation/actions placement on open risks highlighted via the NPIA process
Responsible for the preparation of Management Risk Committee (MRC) and Board Risk Management Committee (BRMC) presentations from NPIA’s perspective.
Implementation and execution of NPIA (New Product Initiative Assessment) framework across business units and support functions.
To maintain a workflow (from a turnaround perspective) for all the product papers reviewed and share it with senior management and relevant stakeholders as and when required.
To provide all the required details to Audit (external, internal, SBP) in timely manner and ensure resolution of audit observations as per committed timelines.
Providing training to Business Lines regarding the Policy and Process for NBPI.
Qualifications:Minimum qualifications:
At least a Bachelors with relevant certifications such as FRM preferred.
Minimum experience:
At least 3-5 years’ experience in a Financial Institution, preferably in a bank and in a risk management or product management function.
Expected salary:
Location: Pakistan
Job date: Wed, 16 Jul 2025 07:25:31 GMT
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