Ensure objective operational risk & control
assessment and evaluate integrated operational risk management processes
targeted specifically to high-risk areas associated with Operational Risk &
Control Assessment Program Execution. Provide professional advice and counsel to
business partners to mitigate/alleviate operational risk gaps enhancing and
developing their overall capability to achieve business strategies and goals.
PRIMARY RESPONSIBILITIES:
1) Execute Operational Risk & Control Assessments for a specified segment
(Finance) and related supporting processes in accordance with established
standards and methodologies. Possess a strong understanding of financial
reporting controls. 2) Train business leaders and applicable staff in
understanding operational risk, share best practices and promote the benefits of
embedding an effective operational risk management process in the
business/function (assist with implementation where applicable).
3) Ensure completion of applicable documentation with accuracy ensuring
objectives, risks, controls and action plans identified.
4) Possess procedural and technical expertise in all components of Operational
Risk.
5) Understand full impact of end-to-end process interaction and
interdependencies.
6) Uncover and articulate cause and effect of single and/or systemic risk issues
for business partners to action/mitigate accordingly.
7) Complete required deliverables according to established timelines.
8) Ensure that action plans are followed up by the business/function.
9) Escalate appropriately when issues arise.
10) Develop and maintain strong relationships with business partners ensuring
operational risks are identified for evolving change in businesses.
11) Proactively explore, document and recommend opportunities to leverage
interdependent methodologies to enhance overall efficiency and effectiveness of
assessments and related activities/processes.
OPERATIONAL AND RISK EFFECTIVENESS:
1) Focus on maintaining consistent standards and methodologies for identifying
and reporting operational risk.
2) Identify efficiency and effectiveness opportunities regularly
3) Understand overall operational risk & control assessment program strategy,
complexity of products and related risks and processes.
4) Work effectively and efficiently through relationships to execute quality
operational risk & control assessments ensuring accurate documentation completed
and controlled.
5) Prioritize work effort for greatest impact engaging business partners
regularly to ensure operational risk is mitigated as required.
6) Actively maintain knowledge of financial reporting controls
Requirements
TECHNICAL:
1) Broad understanding of finance function
2) Strong knowledge of financial reporting controls
3) CA/CPA/CMA/CGA/CIA
4) Achievement Motivation
5) Building Partnerships with Stakeholders
6) Teamwork and co-operation
7) Knowledge of technology
8) Change management
9) Project Management
10) 3-5 years’ experience in a financial controls
