Posted:Mar 20
By:Hiring Kenya
Company Details
Industry:
Banking
Description:
Equity Bank Limited (The "Bank”) is incorporated, registered under the Kenyan Companies Act Cap 486 and domiciled in Kenya. The address of the Bank’s registered office is 9th Floor, Equity Centre, P.O. Box 75104 - 00200 Nairobi. The Bank is licensed under the Kenya Banking Act (Chapter 488), and continues to offer retail banking, microfinance and related services. The Bank has subsidiaries in Kenya, Uganda, South Sudan, Rwanda and Tanzania. Its shares are listed on the Nairobi Securities Exchange and Uganda Securities Exchange. Equity Bank was founded as Equity Building Society (EBS) in October 1984 and was originally a provider of mortgage financing for the majority of customers who fell into the low income population. The society’s logo, a modest house with a brown roof, resonates with its target market and their determination to make small but steady gains toward a better life, seeking security and advancement of their dreams. The vast majority of Africans have historically been excluded from access to fin
Job Description
Purpose:
The Assistant Manager, Operational Risk, is responsible for supporting the development, implementation, and monitoring of the operational risk management framework. The role involves conducting risk assessments, tracking key risk indicators, and ensuring compliance with internal controls and regulatory requirements. The role works closely with business units to enhance risk awareness and mitigate operational risks.
Key Responsibilities
- Assist in implementing the operational risk management framework, policies, and procedures.
- Conduct risk assessments, root cause analysis, and control effectiveness reviews.
- Monitor and report operational risk events, incidents, and key risk indicators (KRIs).
- Support business units in identifying, assessing, and mitigating operational risks.
- Assist in the development and execution of risk control self-assessments (RCSA).
- Track and report operational loss events and ensure timely resolution of risk issues.
- Support the business continuity planning (BCP) and disaster recovery (DR) processes.
- Ensure compliance with regulatory and internal risk management requirements.
- Assist in risk training and awareness programs to enhance the Bank’s risk culture.
- Collaborate with internal audit, compliance, and other risk functions to strengthen controls.
Qualifications
Qualifications And Experience
- Bachelor’s degree in finance, Business Administration, Risk Management, or a related field.
- Professional certifications such as CRISC, FRR,FRM, PRM, or ORM are an added advantage.
- At least 3-5 years of experience in operational risk management, internal audit, or compliance.
- Knowledge of risk management frameworks such as Basel II/III, COSO, and ISO 31000.
- Experience with risk control self-assessment (RCSA), incident management, and business continuity planning.
Key Competencies & Skills
- Strong analytical and problem-solving skills.
- Excellent communication and stakeholder engagement skills.
- Ability to interpret regulatory guidelines and implement risk controls.
- Attention to detail and ability to work under tight deadlines.
Education: Degree, Diploma
Employment Type: Full Time
