Operational Risk Team Leader

Job Purpose

The Operational Risk Team Leader is primarily accountable in managing the overall operational risk of the Bank. He/ She will also be expected to provide strong assistance to the Risk Management Division Leader in developing, reviewing, and deploying effective operational risk management framework, high level policies, procedures, and initiatives to ensure that the Bank's key risks stay within the defined potential loss (i.e., risk appetite), in accordance with the risk-reward policy of the Bank.

The above mandate is realized through the following broad activities:

•Put in place Operational Risk Management Framework appropriate for the Bank which includes devising the framework, the relevant policies and procedures and monitoring systems.

•Propagate risk consciousness across the organization.

•Identifies and measures the Bank's key operational risks, including drivers of such risks.

•Constantly monitor the Bank's key operational risks relative to its defined risk tolerances.

•Report to relevant stakeholders the state of operational risk in the Bank

•Regularly test the continuing relevance and effectiveness of the Operational Risk Management Framework to ascertain its effective implementation across the Bank and update the same as appropriate.

Duties and Responsibilities

A. People Management

1. Accountable in coaching, developing, and mentoring his/her team members to guarantee proper execution of bank policies and procedures.
2. Ensures proper staffing of the team/unit, performs initial disciplinary action to minor violations of direct reports, or initiates timely elevation of people-related incident report to the Division Leader when necessary for proper handling of disciplinary procedures.
3. Responsible in instilling the following values/culture of the team promoted by the bank:
   a.Good record of attendance of each team member
   b.Well-disciplined team members
   c.Good behaviors
   d.Skills development
   e.Healthy, efficient, and effective work environment
4. Responsible for ensuring that premises and all facilities & equipment under his/her supervision are being maintained & properly always protected.
5. Timely conduct and submission to appropriate units of performance evaluation of all team members.

B. Operational Risk Analysis and Monitoring

1. Leads the analysis and monitoring of operational risks within the bank's business units through oversight in the implementation of risk mitigants on the risks identified on a per business unit basis based on the accomplished Risk Control and Self-Assessments.
2. Reviews operational risk management reports, including breaches to tolerances.
3. Ensures that risk assessment is performed on new products, initiatives, procedures, and policies prior to presentation for approval to appropriate authorities

C. Operational Risk Management Tools and Initiatives Deployment and Implementation

1. Leads the Bank-wide deployment and implementation of risk management tools and initiatives, including but not limited to, Business Continuity Management and Information Security Risk Mgt Programs.
2. Spearheads the implementation of the following Operational Risk Management Activities:
   i.Risk Control and Self-Assessment
   ii.Call Tree Exercises
   iii.Business Continuity Plan Review (including BCM Risk Assessment Analysis, Business Impact Analysis, and Internal Recovery Plan)
   iv.BCP Testing
   v.Information Security Risk Assessment
   vi.Privacy Impact Assessment
   vii.Review and/or updating of bank-wide User Access Matrices (UAMs) and Access Control Matrices (ACMs)
   viii.Risk management training and risk awareness programs

D. Operational Risk Management Process Support

1. Review and endorses, for Bank Risk Officer's concurrence, Policies and Procedures Manuals, product manuals, initiatives, and applicable memoranda prior process owners' presentation to approving body.
2. Ensures that policies and procedures manuals of EWRB group operations are aligned with the operational risk management framework.
3. Attends Brainstorming Team Meetings related to operations and provides insights on ORM (which includes information security and business continuity)

E. Operational Risk Management Policies and Strategies Alignment to Organization Standard

1. Ensures that the bank's operational risk management policies and strategies (including business continuity and information security) are in compliance with applicable regulations, EWB standards, and strategic imperatives of the organization.
2. Reviews existing operational risk management policies and procedures as against latest regulatory issuances and/or parent-bank policies and procedures.
3. Coordinates with EWB counterparts regarding issues and concerns relating to risk management raised during SLT and BOD meetings

F. Other Assignments

1. Perform other functions and tasks that may be assigned by the immediate head.
2. Conducts training and/ or risk awareness programs

Job Qualifications and Competencies Requirement

Educations: Graduate of at least 4-year course, preferably accounting related or Business Management / Finance / Economics

Experience: At least two (2) or more years of intensive exposure in audit or banking operations, depending on the job level

Technical Competencies ("know-how")

o Corporate finance knowledge
o Risk management skills (includes knowledge on risk management principles and tools)
o Ability to define problems; Collects and analyzes data in response to specific questions
o Data analysis and research (including financial risk analysis, cost-benefit (risk-reward) analysis)
o Ability to establish facts, draw valid conclusions and recommend solutions
o Project management and strategic planning skills
o Excellent oral and written communication skills
o Coordination and organizational skills
o Management and Leadership skills
o Microsoft office proficiency