Consultant/Trainer "Operational Risk Management"

Type: 
Job
Location of Job: 
Kabul, Afghanistan
Posted: 
06 Oct 2019
Closing: 
25 Oct 2019
About the organization: 

Founded in 2004, The First Microfinance Bank - Afghanistan (FMFB-A) is part of the Aga Khan Agency for Microfinance (AKAM), which has programs in over 10 countries throughout the developing world. FMFB-A's vision is to be recognized as the leading microfinance services provider contributing to poverty alleviation and economic development through the provision of sustainable financial services primarily targeting micro/small businesses and households. The bank provides credit and deposit products to a wide range of clients including micro, small and medium enterprises along with commercial banking and international remittance services.

With over 1,100 employees (20 percent women), FMFB-A operates in 14 provinces of Afghanistan through 39 branches (including one women-only branch). The number of FMFB-A clients across 14 provinces reaches about to 180,000 (23 percent women) both in rural and urban areas. The FMFB-A loan outstanding and savings values reach to over AFN 6.2 billion and AFN 2.5 billion, respectively.

About the Job: 

Individual consultant will deliver comprehensive training programs to risk and non-risk professionals on operational risk, business continuity management and related subjects. Ideally, the candidate has helped a bank with business and regulatory transformation. S/he will be involved in remediation and provision of assurance and will use various risk management and control frameworks and tools to manage risk.

Tasks and responsibilities:

  • The Consultant will impart classroom training on branch operational Risk Management as a basis for the participants to understand its impact on overall banking operations. The topics will covered during the program must include detailed sessions on (but not limited to):
    • Part 1: Understanding of Operational Risk:
      • Modern risk management concepts.
      • Operational Risk drivers and contributory factors.
      • The boundaries with credit, market and liquidity risk.
      • Effective Operational Risk management framework.
    • Part 2: Managing Operational Risk, main tools and techniques:
      • Operational Risk identification.
      • Risk and control matrices.
      • Risk responses.
      • Real-life risk and control self-assessment process.
      • Key risk indicators – technical aspects.
      • Basel I and II measurement approaches today and tomorrow.
    • Part 3: Burning Issues around ORM
      • Operational Risk appetite – expected benefits and key challenges.
      • Big data analytics supporting Operational Risk Management – possible approaches.
      • Key challenges and the future of Operational Risk.

Deliverables:

  • Five-day classroom training per group to conduct for two groups in Kabul, Afghanistan.
  • Key reference materials, handouts of information discussed in the workshop, relevant supporting documents, exercises/practice questions and case studies will be distributed amongst participants.

Qualifications:

  • Master’s degree in banking, economics, risk management, business management or any related field.
  • Relevant professional training and certification desirable.
  • 10-15 years of operation risk management experience across banking and consulting sector.
  • Strong background in risk, banking and financial institution.
  • Acquaint participants with modern risk management concepts outside of Basel approach.
  • Understand operational risk nature, its uniqueness and boundaries with other risk types.
  • Understand key elements of effective risk management framework and activities in managing operational risk.
  • Get to know key operational risk identification techniques.
  • Study how to develop and use Key Risk Indicators (KRIs) in practice.
  • Understand Scenario Analysis (SA) purpose, applicability and limitations. Participants are able to learn ley practical steps in the scenario development process.
  • Be aware of the common challenges and pitfalls of KRIs and SA implementation.
  • Acquaint participants with Basel I and II. Operational risk measurement approaches, limitations and upcoming challenges.
  • Get to know some of the operational risk burning issues and discuss them within the group.
How to Apply: 

Interested candidates are invited to send their CV along with a cover letter to [email protected] with the position title in the subject line.

Region: 
South Asia
Country: 
Afghanistan