Banking Operations Director

5 days ago


Karachi, Sindh, Pakistan Samba Bank Limited Full time

Job Description


Samba Bank Limited is seeking an experienced professional to lead our Operational Risk Management efforts. The ideal candidate will have a strong background in risk management, excellent analytical and communication skills, and the ability to develop and implement effective operational risk frameworks.


Main Responsibilities:

  • Framework Execution: Ensure the successful implementation of our Operational Risk Management Framework across the bank.
  • Policy Formulation: Develop and update our Operational Risk Management Policy, ensuring its effective implementation across the bank to improve our operational risk culture and environment.
  • Feedback and Evaluation: Provide feedback on new and revised products, policies, business processes/SOPs from an operational risk perspective and evaluate their effectiveness.
  • Framework Upkeep: Utilize tools such as RCSA, KRIs, and Loss Data Collection to maintain an effective Operational Risk Management Framework.
  • Risk Event Monitoring: Develop and maintain a central repository of all open risk events with defined corrective actions and monitor for closure.
  • Operational Risk Awareness: Conduct operational risk trainings to keep bank staff well-informed on developing operational risk scenarios.
  • Regulatory Compliance: Develop and implement our Outsourcing Policy, ensuring it aligns with SBP regulations.


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