About the job
Join Our Team
We are on the lookout for a detail-oriented and proactive Operational Risk Analyst to enhance our Retail Banking division. This pivotal position is essential for maintaining operational excellence and ensuring compliance with regulatory standards within our banking operations. You will be instrumental in pinpointing process inefficiencies, mitigating potential risks, and fostering a culture of robust governance throughout the organization.
Key Responsibilities
Assess and analyze processes within the Retail Banking Unit to identify operational and regulatory deficiencies.
Work collaboratively with various business units to create actionable strategies with clear accountability and timelines to manage identified risks.
Propose process enhancements and control improvements to bolster operational resilience.
Disseminate valuable insights and learnings across teams to cultivate a culture of continuous improvement.
Assist in governance initiatives and promote best practices throughout all sub-units.
Support investigations into operational risk events, fraudulent activities, and regulatory assessments.
Map business processes to operational procedures and applicable regulatory standards.
Examine both system-generated and manually maintained data to ensure it aligns with documented processes.
Identify and document inconsistencies between data and operational execution.
Engage with teams to comprehend task execution and highlight deviations from established best practices.
Review customer communications for compliance with CPF and regulatory standards.
Analyze internal MIS reports to identify gaps and opportunities for improvements.
Support RCSA control testing, KRI monitoring, and conduct periodic risk reviews.

