Operational Risk Analyst Responsibilities and Duties

Posted in Job Responsibilities

Implement operational risk policy and procedures in line with regulatory and market changes.

Identify, review, analyze and manage operational risks in business units.

Implement strategies to prevent, eliminate and mitigate operational risks.

Monitor and track operational risk issues on regular basis.

Prepare and maintain risk management documentation, risk policies and risk reports.

Provide timely update of operational risk issues and decisions to managers.

Develop key risk and control indicators to identify and control operational risks.

Develop risk assessment program and action plans to mitigate operational risks.

Work with business unit to understand business, drivers, concerns, future plans and offer support to mitigate risk.

Conduct presentations and workshop sessions on risk identification and mitigation.

Ensure continuous improvement in operating procedures to avoid risks.

Ensure in compliance with vendor risk management policy and FSA regulations.

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