In line with the technical framework developed by the Head of Operational Risk & Compliance, embed Operational Risk Management Framework within specific business line (s).
Technical / Functional Competencies
Insights and Context: Uses knowledge of internal and external influences to ensure robust risk management in responsive and agile organizations
1.Risk management principles and practice
Understanding the principles of risk management and the relevance and use of theories, processes and tools .
Understanding the internal environment of an organization and its implications for risk management practices.
3.External business environment
Understanding how the external environment influences an organization and its implications for risk management practices.
Strategy and Performance: Develops a risk management strategy to meet organizational needs.
1.Risk Management strategy and architecture
The development and implementation of risk management strategy and architecture.
2.Risk management policy and procedures
The development and implementation of proportionate risk management policy, guidelines, procedures and actions plans.
3.Risk culture and appetite
Creation of a risk culture that is intrinsic to an organization’s culture.