Senior Specialist Operational Risk MIS & Data Analytics at NMB Bank Tanzania

To support the implementation and execution of the Operational Risk Management Framework across the Bank by identifying, assessing, monitoring, and reporting operational risks. Main Responsibilities: – Support business in the creation, maintenance, and enhancement of Risk Registers. – Facilitate the identification, setup, and calibration of Key Risk Indicators (KRIs). Analyze and validate reported KRI results and ensure that identified control improvements are reflected in business risk registers. – Analyze, reconcile, and validate operational loss data. Monitor progress and validate closure of remedial action plans to prevent recurrence. – Coordinate and track remedial actions arising from RCSAs, risk events, KRIs, and other reviews, ensuring timely updates, validation of closure, and escalation as needed. – Support implementation of the Operational Risk Management Framework, policies, and initiatives. – Maintain strong communication with the Head, Operational Risk, and escalate significant risk issues promptly. – Ensure compliance with the risk management framework in identifying, assessing, controlling, monitoring, and reporting operational risks. – Support the identification and assessment of sustainability risks, including climate-related financial risks – Contribute to the integration of ESG risk factors into operational risk assessments, risk registers, and RCSAs. – Monitor and analyze climate-related operational loss events, escalating systemic issues and contribute to mitigation strategies. Management Information (MI), Data & Analytics – Aggregate, analyze, and interpret operational risk data (e.g., RCSA outcomes, KRIs, risk events, issues and loss data) – Develop and maintain dashboards and automated MI reports for key stakeholders, including risk governance forums at both Management and Board level. – Perform trend and root cause analysis to uncover underlying systemic risk issues and provide actionable insights. – Provide input into risk appetite monitoring by tracking key metrics and breaches. – Track and report on key Environmental, Social and Governance (ESG)-related operational risk indicators, including data related to climate events, environmental compliance breaches, and reputational risks. – Contribute to the development of dashboards or reports related to climate risk exposure and sustainability metrics for risk committees and regulators. Advisory & Guidance – Advise and guide business units on operational risk management best practices, including risk identification, assessment, and mitigation techniques. – Collaborate with business units in developing effective risk mitigation plans aligned with the bank’s overall risk management strategy. – Provide subject matter expertise and practical support to ensure adherence to operational risk policies, procedures, and regulatory expectations. – Conduct awareness and training sessions to embed a strong risk culture throughout the organization. – Assist in aligning internal practices with regulatory expectations and best practices in ESG and climate risk governance (e.g., BoT Guidelines, NBAA Guidelines, ISSB, TCFD). – Collaborate with ESG, Sustainability, or Risk Policy teams to strengthen the banks climate resilience and sustainable risk culture. Knowledge and Skills: – In-depth understanding of operational risk principles, practices, and frameworks. – Good knowledge of end-to-end banking processes, products, and services, including their inherent operational risks. – Proficiency in risk assessment tools and techniques. – Knowledge of how to extract, clean, analyze, and interpret operational risk data to generate risk insights and trends. – Familiarity with regulatory expectations regarding operational risk management. – Working knowledge of risk systems and tools. – Understanding of internal control design, testing, and monitoring principles, and how they relate to operational risk. – Strong analytical and problem-solving skills; ability to interpret complex data and present it in a clear and concise manner. – Proficiency in Excel, Power BI, or other data visualization tools. Knowledge of SQL, Python, or other data analysis tools is a plus. – Excellent report writing, presentation, and communication skills. – High level of attention to detail and commitment to accuracy. – Ability to work collaboratively and influence cross-functional teams. – Strong organizational skills with the ability to manage multiple priorities. Qualifications and Experience: – Bachelor’s degree in Risk Management, Data Science, Actuarial Science, Statistics, Finance, Accounting, Economics, Information Systems, or a related discipline. – Master’s degree in business studies is an added advantage – Risk certification(s) is an added advantage. – At least four (4) years of relevant experience in operational risk, internal audit, enterprise risk management, or risk data analysis within the banking or financial services sector. – Solid understanding of operational risk frameworks, ESG, RCSAs, KRIs, loss event reporting, governance and assurance reviews. – Proven experience in data analytics, risk reporting, and use of risk management systems/tools. – Experience in preparing reports and dashboards for senior management and governance committees. – Familiarity with regulatory requirements and risk management standards (e.g., Basel II/III). NMB Bank Plc is an Equal Opportunity Employer. We are committed to creating a diverse environment and achieving a gender balanced workforce. Female candidates and people living with disabilities are strongly encouraged

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