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Develop and implement Mashreq Group-wide Strategy, Framework, Policies, Minimum Standards, Procedures, Methods and Techniques for second line Operational Risk, Business Continuity & Resilience Risk, Technology Risk, and Third Party Risk (including outsourcing and offshoring risk) management. Ensure that the Bank achieves regulatory compliance in the areas of Operational Risk Management, Business Continuity Management and Third-Party Risk Management across all jurisdictions where the Bank operates. Drive a holistic approach, convergence and synergies across the Operational Risk portfolio, including evidence of credible challenge across all lines of Defense, Governance committees and management forums; Develop a clear vision, strategy, and roadmap to build the operational resilience capability of the Bank and the processes to prepare & respond to disruption and provide thought and operational leadership on resilience; Lead the design and deployment of a firm-wide Third Party Risk Management (TPRM) framework (including outsourcing & offshoring governance framework) and manage the ongoing TPRM program which includes an integrated approach for assessing and mitigating the risk of new and existing third-party suppliers; Drive agendas and discussions related to the portfolio of risk under the role at the senior most risk management committees of the Bank (i.e. Operational Risk Committee, Enterprise Risk Committee & Board Risk Committee); Assess and report on relevant Operational Risk & Resilience posture and adherence to the Bank’s risk appetite. Engage with stakeholders at Senior Management levels and Risk & Compliance functions providing support for risk-based decision making and assurance that controls are functioning well within the first line of defense. Promote an appropriate culture of awareness and attention to Operational Risk throughout the bank in line with evolving regulatory requirements by embedding the three lines of defense and enhancing the Operational Risk reporting and governance; Be aware, maintain knowledge and adhere to the relevant regulatory and legal obligation of the function managed, including local and wider group policies in the jurisdictions where the Bank operates; Provide thought leadership to the Bank on best practices for Operational Risk excellence; and Attract, retain and manage a team of Operational Risk, Business Continuity & Third Party Risk management professionals with the right skill set to execute the Group’s Operational Risk management mandate.
Key Job Requirements:Seniority Level: Other
Job Functions: Project Management
Industries : Information Technology
