DUTY AND RESPONSIBILITIES
• Introduce, promote and constantly evolve within a culture that adopts best practices for risk management with the highest standards of quality and integrity.
• Develop a standardized risk assessment program that can be utilized for self-risk assessment processes across the Bank and this would include developing a standard risk taxonomy and toolkit.
• Perform operational risk assessment in all the business units across the bank.
• Oversee and provide constructive challenge to the first line of defences in managing the risks across the Business Units
• Build and maintain strong relationships with the Senior Management, business unit heads and business support heads, ensure relationships are strategically forward-looking, highly collaborative and productive,
• Coordinate with senior management in performing operational risk reviews.
• Direct the development and implementation of operational risk reports to be presented to and utilized by senior management and the Board to ensure effective ongoing oversight of operational risk bank wide.
• Report operational risk issues and decisions to senior management on regular basis.
• Implement the incident management process to minimize the losses by developing strong relationship with key stakeholders and business partners by addressing issues/incidents in timely manner.
• Facilitate periodic(quarterly) “In Control” meeting with first line management.
• Implement a Second Line Monitoring(SLM) program with regular check on risks, controls, processes effectiveness and compliance to (internal)policies
• Responsible for overall process of operational risk department in planning and monitoring the operational risk analysis and development.
• Investigate root causes of operational risks and provide support to mitigate risk.
• Ensure compliance with Operational Risk policy & procedures.
• Develop key risk indicators (KRIs) and key control indicators (KCI)that are mapped to various risks to determine elevations in risk and proactively implement risk mitigation measures.
• Building risk awareness amongst staff by providing support and training within the company.

Knowledge & Skills
Essential
• A sound knowledge of lending in the Myanmar market, gained through practical experience.
• Sound knowledge of Myanmar legal processes at a level which would allow challenge with lawyers involved in transactions
• Have high level of attention to details.
• Have strong organizational skills and time management abilities
• Adapts easily to new environment and can work with a variety of
people
• Excellent written and verbal communication skills, including the ability to create and deliver clear, concise and well-structured presentations.
• Outstanding influencing/negotiation skills and ability to manage debate and conflict professionally, with grit and tenacity.
• Strong multitasking skills with the ability to successfully manage a few work streams to deadlines and high standards of quality.
• Ability to manage relationships across different entities and regions (e.g., divisions, departments, etc.,)
• Ability to work across all levels of management in the organization, including senior executives.

Education & Special Training
Essential
• Degree in one of the following fields; Business, Risk Management, Commerce, Finance, Accounting, Economics, Maths and/or any industry specific qualification. (MBA preferred)
• Demonstrate strong knowledge of risks identification, assessment, and management frameworks.
• Strong knowledge of control frameworks and the ability to design and evaluate effectiveness of controls embedded within business processes.
• Knowledge of the risk and governance standards such as COSO framework, SR08-8, and the OECD and Basel Corporate Governance Principles.
• At least 10 years of relevantexperience in banking with a focus in operational risk management.
Desirable
• Master’s degree in business or Finance
• Knowledge of statistical concepts; e.g. regression analysis, correlation

Experience
Essential
• At least 10 years’ experience in the Global Markets/Institutional business with notable experience in sales and trading middle and back office processes, including knowledge of front-to-back functions
• Thorough knowledge of lending in the Myanmar market, focusing on retail/consumer lending and internal operational risk.
• Proven managerial, team building, interpersonal, organizational, influencing and analytical skills.
• Experience with credit scoring models

Languages
Essential
• Sound and effective interpersonal & communication skills
• Sound English skills

*Only shortlisted candidates will be contacted for interviews.*