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Head of Centralized Operational Risk | Huxley Associates

Our client, a top tier bank in Qatar, is actively looking to recruit a Head of Centralized Operational Risk to join its expanding Risk team; the jobholder will be responsible for the adequacy and effectiveness of the operational risk management processes and techniques within the Group.
Position is based in Doha, Qatar
The main responsibilities will include:
- Set up advanced methods for calculation/ measurement of operational risk
- Develop an Operational risk strategy reflecting the banks tolerance for risk
- Create Key Performance Indicators (KPIs) for performance monitoring and quality measurement purposes
- Review and update the existing policies and procedures for the domestic and overseas business taking into account the market conditions, Basel Committee recommendations and other international and local best practices
- Develop and implement tools, for identification and assessment of operational risk such as Self Risk Assessment, Risk Mapping, Risk Indicators, construction/ maintenance of an Operational Loss Database etc.
- Ensure collection and maintenance of comprehensive data on operational losses
- Develop and implement appropriate internal and external fraud prevention
- Ensure deployment of state-of-the-art tools/ systems
- Strengthen internal control through more effective and efficient entity-level controls
- Manage, lead and train the operational risk team to achieve the Departments objectivesThe ideal candidate will have:
- a Bachelor Degree in Banking, Finance or related subject; Master/MBA will be a plus
- Minimum 6 years experience in operational risk in banking, with minimum 3 years in a managerial position
- Excellent knowledge of risk management and related tools, Basel II and international regulations
- Strong analytical skills, eye for details
- Leadership and training abilities
- Excellent relationship building and communication skills in English (mandatory)

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