Operational Risk and Transaction Manager (Foreign Bank)

Operational Risk Management - Develop and maintain the Operational Risk Framework and related policies, encompassing: • Third-Party Arrangement • Business Continuity Management • Operational Risk Management - Ensure compliance with all regulatory and Head Office requirements - Plan, execute, and document BCM tests, including reporting and follow-up on findings - Conduct periodic reviews of third-party arrangements to identify and mitigate risks - Maintain and update the call tree and risks indicators, regularly review of matric to enhance monitoring Transaction Monitoring - Systematically review and analyse customer transactions and account activity generated by the bank’s transaction monitoring system for potential money laundering, fraud, terrorist financing, or other illicit activity. - Conduct thorough investigations of transaction monitoring alerts, which includes analysing customer profiles, transaction patterns, and relevant external data. - Determine the legitimacy of alerted activity and decide whether to close the alert or escalate it for further investigation. - Prepare clear, concise, and well-supported documentation of your investigation and decision-making process. - Keep up-to-date with the latest money laundering and terrorist financing trends, schemes, and typologies. - Assist in the preparation of data and summaries for potential Suspicious Transaction Report filings. - Work closely with other internal stakeholders to resolve cases and share information. Requirements • Bachelor’s degree in Finance, Risk Management, Business Administration, Law or related field • Minimum 6 years’ experience in Operational Risk Management and/ or Transaction Monitoring roles • Strong familiarity with relevant risk frameworks and compliance processes • Excellent analytical, problem-solving, and communication skills • Ability to manage multiple priorities and collaborate effectively within cross functional teams