• 2.6.2 Operational risk management


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    Description of role

    Responsible for identifying and measuring operational risk, monitoring and reporting of loss resulting from inadequate or failed internal process, people, systems and management or from external events     

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    Core skills

    • Ability to develop and implement operational risk identification and measurement framework
    • Knowledge of risk measurement tools like RCSA, AMA, etc.
    • Knowledge of scenario analysis, key risk indicators and operational risk capital modelling
    • Ability to assist in recommending policy and procedures
        
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    Qualification and/ or certification

    • QFSQF Level 4
    • QFMA CISI (mandatory)
      • International Introduction to Securities and Investment
      • QFMA Rules and Regulation
      • International Introduction Award
      • Certificate in Risk in Financial Services
      • Investment Operations Certificate
    • Professional certification desirable (e.g. Certified Risk Manager)
    • Relevant experience
        

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    Industry knowledge

    • Knowledge of financial markets and trends

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    Regulatory compliance of role

    • Knowledge of QFMA laws and regulations