RISK ANALYST (1) / RISK MANAGEMENT & COMPLIANCE DEPARTMENT

• Support the implementation and continuous enhancement of the Bank's Operational Risk Management Framework, policies, and processes.
• Conduct risk assessments of business activities, products, systems, projects, and process changes to identify risks and evaluate control effectiveness.
• Facilitate and maintain operational risk management tools, including Risk and Control Self-Assessments (RCSAs), risk registers, incident management, and loss event reporting.
• Review new products, services, outsourcing arrangements, and strategic initiatives from an operational risk perspective.
• Manage operational risk incidents, perform root cause analysis, and recommend corrective and preventive actions.
• Monitor risk exposures, Key Risk Indicators (KRIs), loss events, and control effectiveness, ensuring timely escalation of significant issues.
• Track remediation of audit findings, regulatory observations, and risk-related action plans.
• Prepare operational risk reports, dashboards, and presentations for management and risk committees.
• Support the management of specialized risk areas, including Fraud Risk, Technology Risk, Outsourcing Risk, Conduct Risk, and Shari'ah Non-Compliance Risk.
• Promote risk awareness and collaborate with stakeholders across the Bank to strengthen the risk and control environment.
• Stay informed of regulatory developments, emerging risks, and industry best practices, recommending enhancements where appropriate.

• Minimum 02 Passes in A ‘Level OR,
• Diploma in related field OR,
• Minimum 03 Passes in O’ Level with 01 year of work experience
• Knowledge of internal control or Risk Management Frameworks and Banking regulations will be an added advantage.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, Visio) will be an added advantage.
• Professional written and verbal communication and interpersonal skills.
• Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects/multitasking.
• Ability to participate in and facilitate group meetings.
• Interpretation and application of regulations, policies, and procedures.
• Strong analytical, problem solving and decision-making skills.
• Documents required:
• Curriculum Vitae (CV) / Resume,
• Attested educational certificates,
• National ID card copy,
• Passport Size Photo
• Police Report (validity less than 06 months)

Apply online: https://applynow.mib.com.mv

Original listing: https://www.mib.com.mv/jobs/842

Inquiries: jobs@mib.com.mv