Assistant Manager – 1st Line Operational Risk (OG-I)

Bank Alfalah is seeking an experienced professional to join its 1st Line Operational Risk team within the Digital Banking Group . This role is critical for contributing to the Bank's Operational Risk Framework and strengthening the control environment for its digital banking operations .

Key Responsibilities:

• Control Testing: Execute hands-on control testing to assess the design and operating effectiveness of key controls within the Digital Banking Group.
• Risk Identification & Assessment: Identify, assess, and mitigate operational risks inherent in digital banking products, processes, and systems .
• Framework Support: Support the implementation and strengthening of the Bank's Operational Risk Management (ORM) framework, policies, and procedures in line with SBP guidelines and Basel standards .
• Compliance & Reporting: Ensure regulatory compliance and support operational risk reporting, including managing loss data, KRIs, and RCSA (Risk and Control Self-Assessment) activities .
• Stakeholder Coordination: Collaborate with business units and conduct risk workshops to build risk awareness and embed a strong risk culture .

Eligibility Criteria:

• Experience: 6–7 years of relevant banking experience, with a strong preference for experience in Audit, Operational Risk, or related control functions.
• Core Competencies: Hands-on experience in control testing; strong analytical, reporting, and stakeholder management skills .
• Education: Bachelor's degree in Finance, Risk Management, Business Administration, or a related field (Master's preferred) .
• Industry Knowledge: Sound understanding of operational risk management practices, SBP regulations, and the digital banking landscape is crucial .