Head Operational Risk Unit

Job Overview

Zarai Taraqiati Bank Limited (ZTBL) is seeking a dynamic and experienced professional for the position of Head Operational Risk Unit (VP-I/VP). This is a senior leadership role based in Islamabad, Pakistan. The ideal candidate will lead and manage the Operational Risk Unit to identify, assess, monitoring, and mitigate operational risks across the bank.

Experience & Qualification

• Minimum 10 Years' experience in Bank/Financial Institutions.
• Candidate having minimum two years' relevant experience at Senior managerial level in Operational risk management.
• Minimum Bachelor degree from HEC recognized Institute/University (National/ International).

Other Skills / Expertise / Knowledge Required

• Exceptional leadership and team-building skills
• Well conversant with SBP Prudential Regulations & Guidelines
• Knowledge of banking products, policies and procedures
• Excellent verbal and written communication skills
• Proficiency MS Office & databases
• Sound knowledge of Islamic banking

Job Responsibilities

• Lead and manage the Operational Risk Unit in identifying, assessing, monitoring, and mitigating operational risks across the bank and strengthen risk culture through training and awareness programs.
• Implement Operational Risk Management Framework (ORMF) across the Bank.
• Design & Oversee Risk & Control Self-Assessments (RCSA), Key Risk Indicators (KRI's) and maintain bank wide risk registers and conduct scenario analysis.
• Supervised bank wide accurate recording and reporting of Loss Data, root cause analysis, and risk mitigation initiatives.
• Support business units in embedding risk awareness and ensuring effective implementation of operational risk controls.
• Develop internal stress-testing scenarios in area of Operational risks and Climate Risks.
• Monitor bank wide tolerance and appetite levels in Operational Risk.
• Prepare agenda items, dashboards for reports to senior management / risk committees covering model risk exposures, operational loss trends, and control effectiveness.
• Liaison up with internal and external auditors and regulators on model operational risks.
• Ensure compliance Operational risk regulations with reference to SBP and Basel II/III guidelines.
• Assess and Review operational risk implications of new products, processes, and systems prior to launch.
• Review operational and concentration risk associated with outsourcing arrangements, in line with SBP's Outsourcing Risk Management guidelines.
• Any Other task assigned by the management.

Eligibility & Application Method

Maximum age limit for VP/VP-I is 50-years. Market competitive remuneration will be offered. ZTBL is an equal opportunity employer, females and PWDs are encouraged to apply. Only short-listed candidates will be called for interview. No TA/DA shall be admissible for interviews. Interested candidates may apply online through website: https://www.ztbl.com.pk/jobs till 30 August, 2026. Only online submission of application within due date will be accepted.

Submit Application

Get your application noticed! Upload your CV/resume, and we'll connect you with the employer.

Advertisement Image