Head of Risk Control Self-Assessment (RCSA) – Group Operational Risk – Group Risk | Qatar

Job Position: Head of Risk Control Self-Assessment (RCSA) – Group Operational Risk – Group Risk
Job Description: Westbourne Partners – Doha, Qatar – Position: Head of Risk Control Self-Assessment (RCSA) Entity: Group Operational Risk – Group Risk Location: Doha, Qatar About us: We are the largest Financial Services firm in the MENA region with international offices across Africa, Asia, Europe and the Middle East. Job Summary: You will be responsible for the design, Implementation and oversight/enforcement of an ‘International bank Standard’ Risk and Control Self-Assessment Framework, process and system. The role is critical to the end-to-end methodology used to systematically identify, measure and control operational and conduct risks across the bank, promoting a consistent risk culture and supporting the business in their decision making process This will involve the design (updating and creation) and subsequent implementation of key elements; RCSA Planning Scope and Analysis Inherent risk mapping Identifying key controls Assessing/quantifying Residual Risk Risk acceptance decision making Reporting RCSA development with Operational Risk system Fraud Risk Assessment methodology & execution You will work closely with other teams in the Risk (in particular the Head of Business and Functions Operational Risk), Compliance and Audit function to ensure an aligned approach to interactions with business areas. Duties & Responsibilities: Lead in the design of an ‘International Bank Standard’ Operational Risk RCSA Framework with the aim to improve the groups management of its operational risks Increase the effectiveness of management’s oversight by analyzing and reporting operational risk data. Assist the Head of Operational Risk Framework & AGM Group Operational Risk in preparing the Operational Risk Strategy that reflects the Group’s tolerance for risk and present it to the GM, CRO for discussion/ review. Educate and oversight the deployment of the upgraded RCSA methodology within all parts of the business. Manage an effective Fraud Risk Framework to ensure effective fraud risk strategy…see more details

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