Vacancy title:
Manager – Operational Risk

[Type: FULL_TIME, Industry: Finance, Category: Business Operations]

Jobs at:
Diamond Trust Bank

Deadline of this Job:
Friday, July 18 2025

Duty Station:
Tanzania | Dar es Salaam | Tanzania

Summary
Date Posted: Friday, July 11 2025, Base Salary: Not Disclosed

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JOB DETAILS:

The Operational Risk Manager is responsible for identifying, assessing, mitigating, and monitoring operational risks across the bank. This role ensures the effective implementation of risk management tools, promotes a strong risk culture, and enhances risk awareness through training and continuous engagement with stakeholders.

Duties

• Identify, assess, and monitor operational risks across the bank, including risks related to people, processes, systems, and external factors, and consolidate findings regularly.
• Review and update operational risk management policies and procedures to ensure alignment with the bank’s risk appetite and regulatory requirements.
• Implement and manage key operational risk tools, including Risk and Control Self-Assessment (RCSA), Incident/Loss Data Management (LDM), and Key Risk Indicators (KRIs), ensuring effective risk monitoring and reporting.
• Conduct independent control tests and assurance activities to validate RCSAs and KRIs, effectively challenging existing internal controls where necessary.
• Compile, analyze, and present comprehensive internal risk reports to senior management and Risk Committees, offering insights and recommendations for continuous risk management improvements.

Requirements

• Bachelor’s Degree in Finance, Business Administration, Risk Management, or a related field.
• Professional Certification in Banking, Risk Management, or Accounting is an added advantage.
• At least 4 years of experience in banking, preferably with exposure to both branch operations and support functions, or in a related field such as business process analysis, audit, or risk management.

Personal Attributes

• Strong analytical mindset with attention to detail, capable of identifying risks and proposing effective solutions.
• Self-motivated and proactive, able to work independently while taking full ownership of tasks and responsibilities.
• Excellent communication and report-writing abilities to effectively convey risk insights and recommendations.
• Curious and open to new ideas while applying practical and effective risk solutions.
• Willing to learn, receptive to feedback, and responsive to coaching for continuous improvement.

Work Hours: 8

Experience in Months: 48

Level of Education: bachelor degree

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