Sr Post Name Jobs Qualification
1 Manager Operational Risk 1 Bachelors
2 Unit Head Cpmtrerpart Support 1 Bachelors
Latest jobs by National Bank of Pakistan NBP

CAREER OPPORTUNITY

The Nation's Bank

The National Bank of Pakistan (NBP) aims to support the financial well-being of the nation while enabling sustainable growth and inclusive development through its wide local and international network of branches. As one of the leading and largest banks in Pakistan, NBP significantly contributes to the country's socioeconomic growth, with the objective of transforming into a future-fit, agile, and sustainable institution.

Position Available: Manager - Operational Risk (AVP)

Location: Karachi

Reporting to: Wing Head - Incident and Loss Reporting Wing

Educational/Professional Qualifications:

  • Minimum Graduation or equivalent from a local or international university/college/institute recognized by the HEC, preferably in banking, accounting, or finance.
  • Candidates with certification in Operational Risk will be preferred.
  • Having a first-class Bachelor's/Master's Degree is considered an added advantage.

Experience:

  • Minimum 5 years of experience in a Bank and/or Financial Institution, with at least 2 years in the field of operational risk and/or other risk and control areas.

Other Skills/Expertise/Knowledge Required:

  • Good analytical skills with an aptitude for identifying and assessing risks and devising controls and mitigants.
  • Basic understanding of banking operational processes.
  • Good understanding of risks, controls, and regulatory requirements.
  • Good communication and presentation skills.

Main Duties/Responsibilities:

  • Maintain and update the operational risk policy framework and procedures.
  • Update the universe of the Bank's departments or processes and notify any amendments for coverage in Risk and Control Self Assessments (RCSAs).
  • Develop and update departmental RCSAs with process owners, capturing all risks within the processes and following up on the closure of design gaps.
  • Propose Key Risk Indicators (KRIs) with reporting thresholds and frequency to the process owner.
  • Coordinate with departments for KRIs reporting and maintaining a database; track all KRI breaches until closure.
  • Maintain complete MIS of operational incidents and loss reports to the Operational Risk Management Division, including root cause analysis in coordination with respective process owners.
  • Review and communicate with stakeholders on incidents and loss reporting, tracking all open action items until closure.
  • Perform analysis of Bank-wide operational incidents and losses for Management and Board Committees.
  • Ensure corrective actions are designed and implemented by respective process owners.
  • Provide value-added feedback from an operational risk perspective on the Bank's policies, procedures, and product programs submitted for review.
  • Perform any other assignments as assigned by supervisors.

Additional Information:

  • Only shortlisted candidates meeting the above-mentioned basic eligibility criteria will be invited for panel interviews.
  • Employment will be on a contractual basis for three years, renewable at the discretion of the Management.
  • Selected candidates will be offered a compensation package and other benefits as per the Bank's policy/rules.

Application Process: Interested candidates may visit www.sidathyder.com.pk/careers and apply online within 10 working days from the date of publication of this advertisement as per the given instructions. Applications received after the due date will not be considered. No TA/DA will be admissible for the interview.

Equal Opportunity: The National Bank of Pakistan is an equal opportunity employer and welcomes applications from all qualified individuals, regardless of gender, religion, or disability.

PID K No. 242:24