Gulf Insurance Co. - Kuwait City - Prepares reports and reviews on the Operational Risk of all business units, including support functions, recommendations and action plans.Reviews policies, practices and procedures to identify business improvement opportunities.Develops and monitors key risk indicators relating to the assigned risk areas.Coordinates "Risk and Control Self-Assessment" workshops for the company.Formulates and implements Business Continuity Management for the company.Undertakes process re-engineering/re-designing exercises and periodically assesses business and process-flows to identify potential risks.Reports immediately to the line Manager all material and significant breaches or potential breaches to the limits or any noncompliance to the company’s policies and procedures.Participates in the development of the methodology, model assumptions and input parameters for modeling and stress testing.Monitors credit risk exposures and investment policy limits regularly and report limit violation...
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