Background information about the job or company

Established in 2017, Commercial International Bank (CIB) Kenya Limited is a private commercial bank licensed by the Central Bank of Kenya. Headquartered in Westland’s, Nairobi, we offer a comprehensive suite of financial solutions designed to meet the evolving needs of individuals, businesses, and institutions. As a subsidiary of Commercial International B...

Responsibilities or duties

OPERATIONAL RISK

• Embed the Operational Risk Management Framework and associated policies and procedures within all units of the bank.
• Planning, scheduling, and conducting Risk and Control Self -Assessment (RCSA) and control testing for business and support functions, products, and projects.
• Maintain risk registers for risk entities, ensuring that ownership, action plans are clear, and the progress of action plans is being made in accordance with the remediation plan.
• Review Key Risk Indicators (KRIs) in liaison with the risk entities and escalate any KRI breaches.
• Review new products and processes in line with the new product procedures and as necessary conduct Post Implementation Reviews (PIRs).
• Conduct ORM bankwide risk assessments.
• Periodic training program on various risks that the bank faces to embed knowledge of policies and procedures and a robust risk culture across the business.
• Local and International Regulatory Reporting including but not limited to the Central Banks of Kenya and Egypt.

BUSINESS CONTINUITY

• Manage the Business Continuity Management program working closely with the various departments and risk teams.
• Ensure annual Business Impact Analysis and Risk Assessments are carried out for all departments and documented BCPs are in place and updated in line with the bank’s BCM Policy, Prudential Guidelines and International best practice.
• Schedule, coordinate and execute Business Continuity and Disaster Recovery annual tests for critical business processes and systems and document test results including lessons learnt and maintain a central repository for all tests. Coordinate follow up on actions arising from lessons learnt to their logical conclusion.
• Periodically update the bank’s business continuity / crisis management plan, facilitate simulation exercises as stipulated in the BCM policy and support committee accordingly during disruption events.
• Periodic Training of staff on BCP processes and standards .
• Conduct BCM risk assessment for key bank projects as well as oversee any BCM projects.
• Ensure Business Continuity Policy and Procedures are updated regularly to align to emerging Risks and/or changes in the operating environment, the bank’s Strategy, and best practices.
• Any other official duty that relates to Business Continuity Management may be allocated by management from time to time.

Qualifications or requirements

Academic

• Holds a bachelor’s degree in Business , Accounts, Finance , Computer Science, Information Systems or a related field.
• Master’s degree is an added advantage

Professional Qualifications

• Risk certification (ORM, ISO 22301, CISA) is an added advantage.

Experience needed

Desired Work Experience

• At least two (2) years of relevant experience in Operational Risk / Enterprise Risk Management and Business Continuity Management.
• Experience in Audit / Compliance / Disaster Recovery and Operational Resilience is a plus

Any other provided details

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• Embed the Operational Risk Management Framework and associated policies and procedures within all units of the bank.
• Planning, scheduling, and conducting Risk and Control Self -Assessment (RCSA) and control testing for business and support functions, products, and projects.
• Maintain risk registers for risk entities, ensuring that ownership, action plans are clear, and the progress of action plans is being made in accordance with the remediation plan.
• Review Key Risk Indicators (KRIs) in liaison with the risk entities and escalate any KRI breaches.
• Review new products and processes in line with the new product procedures and as necessary conduct Post Implementation Reviews (PIRs).
• Conduct ORM bankwide risk assessments.
• Periodic training program on various risks that the bank faces to embed knowledge of policies and procedures and a robust risk culture across the business.
• Local and International Regulatory Reporting including but not limited to the Central Banks of Kenya and Egypt.
• Manage the Business Continuity Management program working closely with the various departments and risk teams.
• Ensure annual Business Impact Analysis and Risk Assessments are carried out for all departments and documented BCPs are in place and updated in line with the bank’s BCM Policy, Prudential Guidelines and International best practice.
• Schedule, coordinate and execute Business Continuity and Disaster Recovery annual tests for critical business processes and systems and document test results including lessons learnt and maintain a central repository for all tests. Coordinate follow up on actions arising from lessons learnt to their logical conclusion.
• Periodically update the bank’s business continuity / crisis management plan, facilitate simulation exercises as stipulated in the BCM policy and support committee accordingly during disruption events.
• Periodic Training of staff on BCP processes and standards .
• Conduct BCM risk assessment for key bank projects as well as oversee any BCM projects.
• Ensure Business Continuity Policy and Procedures are updated regularly to align to emerging Risks and/or changes in the operating environment, the bank’s Strategy, and best practices.
• Any other official duty that relates to Business Continuity Management may be allocated by management from time to time.

• Holds a bachelor’s degree in Business , Accounts, Finance , Computer Science, Information Systems or a related field.
• Master’s degree is an added advantage
• Risk certification (ORM, ISO 22301, CISA) is an added advantage.