Responsible for ensuring the Division/Department maintains an adequate and effective first line of defense risk management program;
Promote and support Business and Support Management to ensure adherence with applicable banking laws, rules, regulations and internal policies, procedures and processes. Action plans should be developed to address the risk and control issues;
Enable the effective execution of the operational risk and compliance throughout the Bank/Group, with respect to identifying, quantifying, reviewing, evaluating and measuring risk to ensure that all compliance and risk categories are identified and managed in accordance with regulatory, internal policies and procedures requirements.
Scope
Responsible for management of operational risk and regulatory risk for the Division/Department across the legal entities or across the geography as stated in the appointment letter;