Head of operational risk


Head of operational risk


Full time

Reports to:

Chief Compliance and Operational Risk Officer

Main responsibilities:

  • Lead the setting of a strategic vision for Operational risk and other non-financial risks across the bank including all branches
  • Provide thought leadership in management and implementation of Operational risk frameworks across the bank including all branches based on a thorough understanding of the risk management practices and regulatory requirements related to Operational risk in Uzbekistan and across jurisdictions that TBC Group operates in
  • Influence & support senior leadership including C-suite with regards to operational risk framework delivery
  • Ensure appropriate support for regulatory interaction related to operational risk
  • Ensure ‘fit for purpose’ operational risk framework, policies and procedures are defined and documented
  • Enable and support the operational risk capital & stress testing processes
  • Drive the operational risk focus at appropriate governance forums including Risk Committees
  • Develop a high performing ‘Operational Risk’ team
  • Provide operational risk oversight and advisory capability to the bank and its branches
  • Provide operational risk advisory for change activities to ensure robust & regulatory compliant business process and systems are delivered in the organization
  • Develop assurance capability to ensure there is independent review and reporting of bank- wide implementation of the operational risk framework
  • Support in the setting of the bank's business continuity planning.

Main requirements:

  • Master’s degree from a reputed university
  • Extensive work experience in Operational Risk in the financial services industry , including demonstrable experience in
    • Developing and implementing Operational Risk Management Frameworks including Incident, Issue & Action and Risk & Controls assessments
    • Understanding of the international regulatory environment in the context of operational risk
    • Knowledge of industry practices with regards to Incident Management, Risk frameworks, control assessments
    • Implementing Systems and Processes to support effective Operational risk management
    • Developing and managing high performing teams
  • At least 5 years of relevant work experience
  • Excellent MS Office package user


  • Strong written & oral communication / presentational skills
  • Good time-management skills
  • Self-motivation and leadership attributes
  • People management and relationship skills
  • Experience leading business critical projects


  • Russian - fluent
  • English – fluent
  • Uzbek - good

Please, send your CV via email: job@tbcbank.uz