32 Operational Risk jobs in Pakistan

We are seeking applications for the position of Manager Operational Risk. Interested candidates meeting the following criteria are encouraged to apply online:

Job responsibilities:

1. Monitoring regulatory compliance in accordance with SBP and internal policies and SOP of the Bank.
2. Responsible for effective compliance of all Head Office, SBP prudential regulations, FIA, ANF, NAB, and other regulatory circulars.
3. Manage and control the processing of General Banking activities to ensure that all relevant outlined policies, procedures, regulatory requirements, and delivery standards are met, which should ultimately reflect in satisfactory audit ratings and acceptable levels of internal/external customer satisfaction.
4. Responsible for all regulatory submissions related to SBP and other regulators.
5. Achieve satisfactory ratings in SBP, internal, and external audits, ensuring there are no audit observations supported by SBP penalties.
6. Maintain a control book to track all relevant regulations along with their compliance status and processes on how they are being complied.
7. Any other tasks assigned by management.

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We are seeking applications for the position of

Manager Operational Risk.

Interested candidates meeting the following criteria are encouraged to apply online: Job responsibilities: Monitoring regulatory compliance in accordance with SBP and internal policies and SOP of the Bank. Responsible for effective compliance of all Head Office, SBP prudential regulations, FIA, ANF, NAB, and other regulatory circulars. Manage and control the processing of General Banking activities to ensure that all relevant outlined policies, procedures, regulatory requirements, and delivery standards are met, which should ultimately reflect in satisfactory audit ratings and acceptable levels of internal/external customer satisfaction. Responsible for all regulatory submissions related to SBP and other regulators. Achieve satisfactory ratings in SBP, internal, and external audits, ensuring there are no audit observations supported by SBP penalties. Maintain a control book to track all relevant regulations along with their compliance status and processes on how they are being complied. Any other tasks assigned by management.

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Engineering Graduate or MBA from HEC recognized university with at least 4 years of relevant experience. Registration with PEC is mandatory for Engineers. Responsibilities: JOB SUMMARY The purpose of this position is to facilitate the implementation of risk management framework at technical or operational units including Transmission and Distribution functions in accordance with SSGC’s policies and applicable regulatory guidelines. The incumbent is also responsible to guide the departments in controlling the identified risks. JOB RESPONSIBILITIES Providing consultative oversight and programs to the business units with respect to the Risk Management. Planning, designing and implementing of overall operational / engineering risk management process. Provide guidance in light of the ERM Framework, facilitates the first line of defense, in identifying, assessing, evaluating, categorizing, prioritizing, monitoring and controlling all significant risks facing the Entity. Provide guidance in identifying and assessing risk and determining the adequacy and cost effectiveness of controls. Processes, systems, procedures and data management capabilities to support the enterprise-wide risk management framework. Develops and implements risk dashboards to monitor key operational risks using Key Risk Indicators (KRIs) and Key Performance Indicators (KPIs). Lead risk identification, assessment and on-going monitoring activities for high risk operational / engineering processes. Conduct analysis, develop risk methodologies, and drive the implementation of strategies, policies, procedures, and internal controls to identify issues resulting from internal and/or external audits. Identify and/or resolve risk issues impacting the business, including conducting control reviews or gap analyses for existing processes, as needed. Perform Process mapping analysis and process re-engineering. Review the plan to maintain the enterprise risk management system up-to-date through periodic updates of risk registers. Guide the technical departments to finalize and fill in the risk related entries and mitigation actions within the risk registers. Work closely with the technical departments to undertake a thorough risk assessment in order to obtain an understanding of the risks to assets, systems and manpower and with a view to identify threats, vulnerabilities, probabilities of occurrence and potential impact. Encourage the technical departments to highlight the risks for which there may not be any appropriate mitigation action available for the time being. Support the department in classifying the identified risk in terms of level of severity and probability of occurrence. Prioritize high risk areas for effective mitigation measures. Monitor the departments’ progress on a regular basis to check if necessary actions have been taken to mitigate the risks. Conduct training and awareness sessions for the employees of the user departments to create a culture where risks are timely identified and removed with appropriate actions, including correct entry in the risk register templates. Initiate steps to develop e-learning module to create awareness of the risk related concepts and enterprise risk management program at SSGC. Ensure that employees undergo the initial course of e-learning module and then complete the refresher course once every two years. Coordinate with the training function to include risk management training as part of new employees’ induction program. Review the monthly reports prior to submission to the management, includes the status of the identified risks and the corresponding mitigation actions. Review the annual performance report on SSGCL and departmental risk prior to submission to the management and Board Risk Committee. Keep abreast with the trends and developments in risk management that may be significant to the gas transportation and distribution industry. Support SSGC’s senior management with any aspect of risk management development and deliver risk management training for the senior management. Apply the relevant approach in taking steps in risk reduction, risk acceptance where risks are accepted, risk transference where all or most of the assets are insured and risk avoidance where the department decides not to engage in a risky activity. Write articles to create risk awareness for publication in the company’s magazines. The individual shall ensure compliance to the Enterprise Risk Management Framework enforced in the Company while performing job responsibilities in accordance with his assigned role. The individual shall ensure compliance to the Business Principles and Ethics Policy / Code of Conduct. Perform any other task assigned by superiors.

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Direct message the job poster from easypaisa digital bank.

Job Responsibilities:

1. Implement operational risk tools such as Incident reporting and Loss data management, and maintain risk registers based on RCSA’s and incidents.
2. Coordinate with user departments to provide action plans, owners, and status updates on residual risks reported in RCSA’s for risk register maintenance.
3. Follow up on action plans provided by user departments in risk registers.
4. Ensure all bank-wide incidents reported to ORM are updated in SAS with mandatory details for incident creation.
5. Conduct control assessments for incidents reported in SAS and coordinate with UD for control improvements.
6. Link incidents with risks in SAS and recommend creating new risks if new incidents occur.
7. Reconcile Operational risk and fraud GL with incidents data reported in SAS.
8. Assist the Line Manager in preparing management reports related to incidents and risk registers.
9. Perform Business Impact Analysis and develop Business Continuity Plans.
10. Conduct BCP drills, consolidate results, and prepare management reports.
11. Coordinate with Governance teams and user departments to effectively implement ORM tools assigned by the Line Manager.

Qualifications:

• Bachelor's in Economics, MBA in Finance or Banking.
• 3 to 5 years of operational risk management experience in banking.
• Knowledge of regulatory risk management guidelines.
• Self-starter with good communication skills.
• Analytical and problem-solving abilities.
• Interpersonal and time management skills.

Additional Information:

• Seniority level: Not Applicable
• Employment type: Full-time
• Job function: Information Technology
• Industry: Banking and Financial Services

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Minimum Education: Bachelors (preferably in Risk Management or related field)

• 8-10 years of banking experience including at least 3 years of experience in a similar role
• Strong analytical and evaluation skills
• Excellent communication and interpersonal skills
• Organized and detail-oriented with the ability to meet deadlines

Key Responsibilities:

• Ensure implementation of SBP’s Operational Risk Management Framework across the bank in coordination with other stakeholders
• Develop and update Operational Risk Management Policy and ensure its effective implementation across the Bank with the objective of improving the Operational Risk Management culture, understanding and environment of the Bank
• Review and provide feedback on new and revised products, policies, business processes /SOPs from Ops Risk perspective
• Develop and maintain an effective Operational Risk Management Framework through effective use of tools – RCSA, KRIs and Loss Data Collection
• Develop and maintain a central repository of all Open Risk Events with defined corrective actions and track for closure
• Conduct operational risk trainings to keep the bank staff well-informed with developing operational risk scenarios
• Develop and implement Outsourcing Policy and ensure that it is in line with the SBP regulations

Note: Applicants must clearly mention the title of the position in the e-mail subject line.

We are an equal opportunity employer. Female candidates and differently-abled candidates are encouraged to apply.

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Direct message the job poster from easypaisa digital bank.

Job Responsibilities:

Implement operational risk tools such as Incident reporting and Loss data management, and maintain risk registers based on RCSA’s and incidents.

Coordinate with user departments to provide action plans, owners, and status updates on residual risks reported in RCSA’s for risk register maintenance.

Follow up on action plans provided by user departments in risk registers.

Ensure all bank-wide incidents reported to ORM are updated in SAS with mandatory details for incident creation.

Conduct control assessments for incidents reported in SAS and coordinate with UD for control improvements.

Link incidents with risks in SAS and recommend creating new risks if new incidents occur.

Reconcile Operational risk and fraud GL with incidents data reported in SAS.

Assist the Line Manager in preparing management reports related to incidents and risk registers.

Perform Business Impact Analysis and develop Business Continuity Plans.

Conduct BCP drills, consolidate results, and prepare management reports.

Coordinate with Governance teams and user departments to effectively implement ORM tools assigned by the Line Manager.

Qualifications:

Bachelor's in Economics, MBA in Finance or Banking.

3 to 5 years of operational risk management experience in banking.

Knowledge of regulatory risk management guidelines.

Self-starter with good communication skills.

Analytical and problem-solving abilities.

Interpersonal and time management skills.

Additional Information:

Seniority level: Not Applicable

Employment type: Full-time

Job function: Information Technology

Industry: Banking and Financial Services

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Minimum Education:

Bachelors (preferably in Risk Management or related field) 8-10 years of banking experience including at least 3 years of experience in a similar role Strong analytical and evaluation skills Excellent communication and interpersonal skills Organized and detail-oriented with the ability to meet deadlines Key Responsibilities: Ensure implementation of SBP’s Operational Risk Management Framework across the bank in coordination with other stakeholders Develop and update Operational Risk Management Policy and ensure its effective implementation across the Bank with the objective of improving the Operational Risk Management culture, understanding and environment of the Bank Review and provide feedback on new and revised products, policies, business processes /SOPs from Ops Risk perspective Develop and maintain an effective Operational Risk Management Framework through effective use of tools – RCSA, KRIs and Loss Data Collection Develop and maintain a central repository of all Open Risk Events with defined corrective actions and track for closure Conduct operational risk trainings to keep the bank staff well-informed with developing operational risk scenarios Develop and implement Outsourcing Policy and ensure that it is in line with the SBP regulations Note:

Applicants must clearly mention the title of the position in the e-mail subject line. We are an equal opportunity employer. Female candidates and differently-abled candidates are encouraged to apply.

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EVP, Head of Process Governance & Operational Risk (Mashreq Digital Bank Pakistan)

Head of Process Governance & Operational Risk is responsible for working closely with the Group Business Operational Risk Head to ensure the following:

• Drive the in-country RBG Risk Forum meetings and ensure that all significant risks and gaps are presented for management awareness and remediation action plans are discussed with management.

Risk and Control Self-Assessment (RCSA):

• Support the business in developing risk registers
• Identify and assess risk and control areas
• Add or amend risks associated with new or existing activities, products, or processes
• Report operational risk incidents
• Validate the risk profile for the unit and identify risks as per management directives
• Initiate and implement action plans
• Review and authorize operational losses
• Ensure all incidents are recorded in PRISM and action steps are in place to prevent reoccurrence

Business Continuity Planning:

• Coordinate the implementation of ORM guidelines within RBG business units for BCP & BIA
• Monitor that all businesses have an approved BCP & BIA execution structure in place

Thematic Reviews over the Portfolio

• Conduct periodic reviews on policies, processes, and account statuses (e.g., KYC, CRS, FTACA, G2/G3 customer contact details, and other updates in the system)

Conduct Systems Access Review:

• Assist the business in developing an approved matrix for system access for all staff, defining access levels based on product type and job requirements

Delegation of Authorities:

• Support the development of non-financial authorities for approving exceptions

Maintenance/Update of SOPs and Work Instructions Audit:

• Support the business to be audit-ready
• Ensure audit observations are closed and resolved timely
• Ensure compliance with the bank’s OPM for any extensions

Management Exception Report Process Management (MER) Customer Transaction Profiling:

• Review customer transaction alerts and take appropriate actions as per bank guidelines

Deferral Tracking:

• Track aging cases and escalate to management as required

Potential Mis-selling & Complaint Handling:

• Investigate complaints requiring governance intervention and provide independent feedback
• Take disciplinary actions on confirmed mis-sell cases, including warning letters, incentive clawbacks, and coaching
• Visit vendor premises periodically, with schedules signed off by the Internal Control manager quarterly
• Conduct governance checks during vendor visits

Customer Transaction Profiling Process:

• Set up automated alerts for transaction monitoring
• Coordinate with customers for clarifications and supporting documents
• Recommend account retention or exit based on review findings

Skills and Qualifications:

• Minimum 15 years of experience in digital retail banking or related fields, with at least 5 years in a senior management role
• Strong understanding of operational risk, digital banking technologies, systems, and processes
• Proven leadership and team motivation skills
• Interest and creativity in contributing to digital transformation

Senior Level

• Director

Employment Type

• Full-time

Job Function

• Strategy/Planning and Other

Industries

• Banking

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Manager IT & IS Audit (Mashreq Digital Bank Pakistan)

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EVP, Head of Process Governance & Operational Risk (Mashreq Digital Bank Pakistan) Head of Process Governance & Operational Risk is responsible for working closely with the Group Business Operational Risk Head to ensure the following:

Drive the in-country RBG Risk Forum meetings and ensure that all significant risks and gaps are presented for management awareness and remediation action plans are discussed with management.

Risk and Control Self-Assessment (RCSA):

Support the business in developing risk registers

Identify and assess risk and control areas

Add or amend risks associated with new or existing activities, products, or processes

Report operational risk incidents

Validate the risk profile for the unit and identify risks as per management directives

Initiate and implement action plans

Review and authorize operational losses

Ensure all incidents are recorded in PRISM and action steps are in place to prevent reoccurrence

Business Continuity Planning:

Coordinate the implementation of ORM guidelines within RBG business units for BCP & BIA

Monitor that all businesses have an approved BCP & BIA execution structure in place

Thematic Reviews over the Portfolio

Conduct periodic reviews on policies, processes, and account statuses (e.g., KYC, CRS, FTACA, G2/G3 customer contact details, and other updates in the system)

Conduct Systems Access Review:

Assist the business in developing an approved matrix for system access for all staff, defining access levels based on product type and job requirements

Delegation of Authorities:

Support the development of non-financial authorities for approving exceptions

Maintenance/Update of SOPs and Work Instructions Audit:

Support the business to be audit-ready

Ensure audit observations are closed and resolved timely

Ensure compliance with the bank’s OPM for any extensions

Management Exception Report Process Management (MER) Customer Transaction Profiling:

Review customer transaction alerts and take appropriate actions as per bank guidelines

Deferral Tracking:

Track aging cases and escalate to management as required

Potential Mis-selling & Complaint Handling:

Investigate complaints requiring governance intervention and provide independent feedback

Take disciplinary actions on confirmed mis-sell cases, including warning letters, incentive clawbacks, and coaching

Visit vendor premises periodically, with schedules signed off by the Internal Control manager quarterly

Conduct governance checks during vendor visits

Customer Transaction Profiling Process:

Set up automated alerts for transaction monitoring

Coordinate with customers for clarifications and supporting documents

Recommend account retention or exit based on review findings

Skills and Qualifications:

Minimum 15 years of experience in digital retail banking or related fields, with at least 5 years in a senior management role

Strong understanding of operational risk, digital banking technologies, systems, and processes

Proven leadership and team motivation skills

Interest and creativity in contributing to digital transformation

Senior Level

Director

Employment Type

Full-time

Job Function

Strategy/Planning and Other

Industries

Banking

Referrals increase your chances of interviewing at Mashreq by 2x.

Get notified about new Head of Development jobs in

Karachi Division, Sindh, Pakistan .

Manager IT & IS Audit (Mashreq Digital Bank Pakistan) We’re unlocking community knowledge in a new way, with experts adding insights directly into each article, started with the help of AI.

#J-18808-Ljbffr