Head of Enterprise Risk Management-Karachi

First Women Bank Limited, Karachi                                                                 Qualification:

• Minimum Master or MBA from an HEC recognized University

Experience:

• Minimum 10+ years of relevant experience.

Jobs Responsibilities:

• Ensure implementation and compliance as well as to update the policies and procedures· which comes under the Enterprise Risk Management in line with the industry best practices. 
• Ensure the monitoring and reporting, daily basis, the market risk inherent in Treasury· Front Office activities.
• Liaison with external bodies (regulators, supervisory authorities, auditors) on all matters· regarding market risk management.
• Maintain liaison / coordination with all the relevant stake holders·
• Ensure execution of ORM programs in line with revised / evolving ORM Policies & Procedural Guidelines on need basis. 
• Implementation and execution of Risk· & Controls Self-Assessment (RCSA) exercise across all business units and support functions.
• Develop and update Key Risk Indicators (KRIs) and monitor the changing risk status by· collection and tracking of KRIs data on defined frequency against established thresholds and their respective escalation to defined forum through KRIs dashboard. 
• Measuring Operational Risk through collection of Operational Loss Data from all· business / support units and through development of Operational Risk Scenarios (stress events) in consultation with subject matter experts in order to determine unexpected losses for the bank