Operational Risk Manager

The Operational Risk Manager will be responsible for identifying, assessing, and managing operational risks within the MSME lending framework. This role requires a strategic mindset to align risk management practices with business objectives while ensuring compliance with regulatory requirements.

Key Responsibilities

• Risk Identification and Assessment
  
• Conduct regular risk assessments to identify potential operational risks.
  
• Collaborate with various departments to evaluate existing risk management processes.
  
• Gap Assessment and RCSA
  
• Perform gap assessments to identify areas where current practices do not meet regulatory or internal risk management standards.
  
• Oversee the implementation of Risk Control Self-Assessment (RCSA) processes to evaluate the effectiveness of internal controls.
  
• Facilitate workshops with stakeholders to gather insights and validate findings from RCSA exercises.
  
• Periodic Stress Testing
  
• Organize and lead periodic stress testing meetings to evaluate Fawry MSME resilience to adverse conditions.
  
• Develop and implement stress testing scenarios that reflect potential operational and financial crises relevant to the MSME lending environment.
  
• Analyze outcomes of stress tests and provide actionable insights for risk mitigation.
  
• Risk Mitigation Strategies
  
• Develop and implement risk mitigation strategies and controls.
  
• Monitor the effectiveness of risk controls and recommend improvements.
  
• Reporting and Analysis
  
• Prepare detailed reports on operational risks and incidents for senior management.
  
• Analyze trends in operational risk data and provide insights for decision-making.
  
• Compliance and Regulatory Oversight
  
• Ensure adherence to regulatory requirements related to operational risk management.
  
• Liaise with regulatory bodies during audits and examinations.
  
• Training and Awareness
  
• Organize training sessions for staff to promote awareness of operational risks.
  
• Foster a risk-aware culture within the organization.
  
• Crisis Management
  
• Develop and maintain business continuity plans and crisis management procedures.
  
• Lead responses to operational risk incidents and ensure effective resolution.
  

Requirements

• Education
  
• Bachelor’s degree in Finance, Business Administration, Risk Management, or a related field.
  
• A master’s degree or professional certification (e.g., FRM, CRM) is preferred.
  
• Experience
  
• Minimum of 7 years of experience in operational risk management, preferably within the financial services or lending sector.
  
• Proven experience in risk assessment and mitigation strategies.
  
• With proven experience in managing teams
  
• Skills
  
• Strong analytical and problem-solving skills.
  
• Excellent communication and interpersonal skills.
  
• Proficiency in data analysis tools.
  

Key Competencies

• Strategic Thinking: Ability to align risk management with organizational goals.
  
• Attention to Detail: Meticulous in identifying and assessing risks.
  
• Leadership: Capable of leading teams and fostering collaboration across departments.
  

Working Conditions

• Office-based.