Operational Risk Manager at Tipps Focus

About the position

• To establish and manage appropriate Operational risk management principles within the IT and DATA management Developing and managing all operational risk management procures, processes and systems, Developing and managing all operational risk policies, and processes in line with the strategic objectives of the corporate plan of organisation. The incumbent is responsible for setting the approach in Identifying, Assessing, Managing and Reporting in respect of the Operational Risk Framework.
• Develop Risk Appetite Framework (RAF) and risk indicators (KRIs) and operational risk framework for overall operational risks function
• Develop and track insightful Key Risk Indicators (KRIs).
• Develop and implement sound operational risk management framework that aligns with regulations and standards.
• Assess the IT & DATA strategy; IT & DATA policies; Frameworks; and procedures and identify gaps with suggested controls
• Ensure application of various frameworks (e.g. COBIT, ISO, etc.)
• Implementation of IT and DATA controls in alignment with risk, legislative and regulatory requirements, and industry trends
• Track and monitor all operational risks registers and incident management and controls
• Develop, monitor and report on IT risk metrics and IT and DATA performance indicators
• Develop an IT risk profile in alignment with the approved Risk Management framework and process
• Maintain a meticulous inventory of operational risk events and incidences
• Assist the IT information and DATA management function with the development and maintenance of incident and risk response plan
• Lead implementation of proactive IT and DATA management processes, procedures and governance
• Continuously analyse the effectiveness of IT and Information Security controls
• Ensure visibility of audit and risks by escalating to the relevant committees
• Ensure IT disaster recovery and business continuity initiatives, and testing is conducted by the BCM teams and tracked by operational risks
• Oversee and evaluate compliance with regulatory requirements and practices to ensure that IT-related activities adhere to required standards
• Work with IT Governance and compliance to ensure the organizations IT practices meet all applicable legal and regulatory requirements
• Help support the IT and DATA division to ensure timely and accurate reporting to all regulatory bodies as scheduled,
• Develop innovative strategies to prevent, detect, and respond to fraudulent activities.
• Lead the charge on fraud risk management initiatives.

Desired Skills:

• Operation Risk Modelling (Qualitative and Quantitative)
• Process Engineering
• Policies and Procedures
• Operational Risk environment
• Business Acumen
• Business Environment

Desired Work Experience:

• 5 to 10 years

Desired Qualification Level:

• Degree