Team Head of Operational Risk
Salary THB200000 - THB300000 per month + Attractive Package
Consultant Nuntanit Fangkanwanvong
Date posted 14 September 2018 2018-09-142018-11-02 banking 1 South Sathorn Road, Thungmahamek Sathorn Bangkok 10120 Robert Walters Thailand
As the Team Head of Operational Risk, you will need to set, drive the execution of the CORM projects which are GRC systems, sharepoint/workflow for PSAP forum, bankwide risk culture implementation and CORM risk academy.
About the Team Head of Operational Risk Role:
As the Team Head of Operational Risk, you will have to set, direct CORM framework, risk appetite statements, ORM policies, standards, processes by coordinating with stakeholders/CORM/BORM, consulting with compliance/ regulators and obtaining good practices; risk areas under ORM responsibility cover processing risk, control risk, unauthorised activity risk and employment practice.
- Direct, control activity of ORM department
- Challenge, monitor, reporting to 1st LoD’s implementation and make recommendation to senior management/committees
- Set CORM/ORM Strategic plan with Head of CORM / in consultation with Head of CORM
- Authority to approve/not approve/escalation of the (risk aspects) of products/services/(IT) outsourcing/initiatives as delegation from Head of CORM
- Plan, drive the operational risk capital model in line with regulatory allowances and requirement
- Plan, drive, coordinate, coach, direct, control activity and ensure resources and quality of ORM staff
To succeed in this role, you will need to act as gatekeeper and provide advisory to BORMs and BU/SU, challenge, monitor, develop and maintain (standards for) risk dashboards for the Board and Senior Executives.
- Master's degree or higher in Business Administration, Engineering, Sciences or relevant fields
- Working in the financial institutions of at least ten years in the operational risk/ERM
- Best practice in operational risk policy, operational risk rules & regulations, Basel II COSO, ERM; can relate the subjects
- Good level in English both writing & speaking
- Good knowledge in banking products & processes
- Leading in the major(IT) projects implementation is an advantage
- Self-motivated, result-oriented, take responsibility and have full accountability, can work independently
- Strong leadership and facilitation skills
This top tier banking company needs no introduction and is recognised as the leader in their field of expertise. The culture is demanding but if you are confident and have a can-do attitude the potential rewards are significant. The firm is also very focused on empowering their employees to always challenge and improve upon the status quo in everything they do.
If you are driven, determined and want to take the next step in your career, this is the role for you. Great career progression opportunities await the right person in this exciting Team Head of Operational Risk role.
Apply now for this great opportunity.