OPERATIONAL RISK OFFICER, ENTERPRISE RISK MANAGEMENT (RE – ADVERTISED)

FDB is looking for a dynamic individual.

Fiji Development Bank is inviting applications from suitably qualified and experienced persons for the position of Operational Risk Officer. The position will report directly to Team Leader Enterprise Risk Management (ERM) and will be based in our Head Office, Suva.

Brief summary of duties:

 Update Operational Risk Policy to ensure that the policy reflect best practice.

 Aggregate and analyse risk events reported by the business units for categorising.

 Perform a monthly reconciliation between the risk events reported to Risk Management, Finance and Audit departments.

 Perform root cause analysis on identified risk events to recommend improvements to prevent these risk events from re-occurring in future.

 Assist the Team Leader Enterprise Risk Management with the identification of key risk indicators in their business units.

 Monitor the implementation of action plans to address medium and key risk indicators reported monthly to TLERM.

 Analyse identified trends in the key risk indicator to TL/ERM.

 Assist the TL/ERM with the identification of key risks and mitigating controls in their business units, as well as action plans to address any gaps in the mitigating measures identified.

 Monitor the implementation of action plans to address medium and red key risks on the risk and control self-assessment/risk registers.

 Assist Team Leader ERM in preparation of reports and suggest methods to improve risk analysis and reporting to General Manager Business Risk Services, Executive Committee and Board Audit Committee.

 Utilising mathematical and statistical knowledge to assist with the building of risk models in support of Operational Risk Management.
Required Qualification & Experience:

 Degree in Banking and Mathematics, Financial Management, Accounting or its equivalent with at least 5 years Banking experience of which 3 years should be in the operational risk environment.

 Must have knowledge of the regulatory guidelines with RBF in terms of provisioning guidelines etc. and thorough knowledge of other by-laws that affects Lending operations, eg. LTA, Fisheries etc.  Proficient in Microsoft Windows 10 desktop operating environment.

 Proficient in Microsoft Office 2013/2016

 Valid group 2 driving license.

Remuneration:  $23,562 – $35,640

Term: Three year contract

Applications must be submitted using the Fiji Development Banks Official application form, which may be obtained from our website: www.fdb.com.fj.

Please forward with a brief covering letter stating how you meet the above requirements with a detailed CV to: The Talent Management Department, Fiji Development Bank, GPO Box 104, Victoria Parade Suva. All applications must be received by no later than 3.00 pm Friday, 8th December, 2017. Note: Those that have applied earlier need not re-apply.

  The Fiji Development Bank is an Equal Opportunity