QNB1278 - Head of Operational Risk Enforcement

  • Country
    Qatar
  • Closing Date
    29-Aug-2014
About QNB

Established in 1964 as the country’s first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.

QNB Group’s presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.

QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.

Based on the Group’s consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.

QNB Group has an active community support program and sponsors various social, educational and sporting events.

Role Summary

The role is responsible for assessing the adequacy and effectiveness of processes and procedures submitted for review by Group Operations and thereby helps in reinforcing the corporate view of ‘the way things should be done’. In addition, the role is responsible in enforcing the operational risk framework across the group and assess its effectiveness

Role Description

You will ensure that minimum standards of control and management disciplines are in place whenever transactions are processed/services are performed by a Group constituent. You will assist in the establishment of detailed Operational Risk policies and procedures to manage the various aspects of operational risk within the Group.

You will review the processes/procedures submitted for comments and evaluate them to highlight improvements which will consequently help increase external customer satisfaction by way of improved process flows, reducing processing times and increase efficiency, etc.

You will create and implement analytical tools, which help identify risks associated with processes submitted for review and ensure these risks are adequately controlled/mitigated through introduction of appropriate checks and balances which are documented in the process flowcharts/procedures.

In partnership with business management and/or Group Internal Audit, you will participate in post incident reviews to ensure that necessary remedial actions/control improvements are implemented.

Qualifications

The successful candidate will posess a Bachelor degree (preferably in finance, economics or related subjects) and a professional certification from a recognized body (CA, CPA, CIA, GARP would be preferred).

You will demonstrate a minimum of 6-8 years experience in banking, of which at least 3 years will be in a managerial capacity in an operational risk function. You will posess a strong understanding of operational risks across the full range of products/processes/activities performed by Group constituents. In addition, you will have prior experience of designing/developing processes and procedures across geographically dispersed banking entity dealing in a variety of products.

Note: you will be required to attach the following:
  1. Resume/CV
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