Rami Al Khoury

FVP - Operational Risk Manager at Arab Banking Corporation (Jordan)

Jordan

About

Experience

  • Arab Banking Corporation (Jordan) (21 yrs 9 mos)
    • FVP – Operational Risk Management
      Aug 2008 - Present · 17 yrs 11 mos

       Implementing Operational Risk Management frame work in coordination with Head Office – Bahrain. - Communicate & Coordinate the elements of the group-wide ORM framework within the bank - Provide training to the Operational Risk Coordinators / stakeholders and the new joiners. - Challenge the reliability of the risk management data reported by the business. - Participate in the new product approval process. - Participate in reviewing policies and procedures. - Reporting ORM issues to concerned parties / committees. - Ensure all staff awareness on the Operational Risk framework concept. - Monitoring the implementation and the proper functioning of the ORM framework. - Train & empower business heads and staff to manage Operational Risk. - Prepare and calculate the Operational Risk stress testing scenarios.  Operational Loss Data ( OLD ) - Imbedding the data collected into the OR System. - Following up with the departments on losses, Setting up action plans to prevent future losses - Reporting and analysis of loss events. - Enhance Loss Data Collection process.  Key Indicators (KI’s) - Monitor the KI’s breaches. - Setting up action plans to control and prevent any potential losses. - Developing new and existing KRI’s to maximize coverage of the risk profile  Risk Control Self Assessment ( RCSA ) - Conduct RCSA workshops (departmental / process level) - Setting up action plans to enhance the performance of the controls and reduce the residual risk.  Group-Wide Control Standard Self-Assessment (CSSA) - Organize and facilitate the self-assessment with the concerned departments. - Establish gap analyses between current controls and the required Group-wide controls and prepare appropriate action plans.  Business Continuity Management (part of the ORM from Dec 2008 till Dec 2014). - Prepare review the Business Impact analysis. - Prepare the business continuity tests. - Review and report tests results for deviations, and provide the recommendations needed.

    • Manager – Operations Control Unit
      Sep 2006 - Aug 2008 · 2 yrs

       The Operations Control Unit was moved under the Risk Department, which made me involved partially in establishing Operational Risk section  Member of Basel II committee

    • Manager – Operations Control Unit
      Oct 2004 - Aug 2006 · 1 yr 11 mos

       Developing and improving the work flow of the Unit.  Applied control procedures on new areas  Prepare daily and monthly reports and notes concerning branches and departments’ performance  Participate in reviewing policies and procedures

  • UNION BANK FOR SAVINGS AND INVESTMENTS (Jordan)
    • Manager – Branches Operations Support
      Sep 2003 - Sep 2004 · 1 yr 1 mo

       Participate in setting up and improving procedures and computer systems.  Visiting branches to assure consistency of the workflow.  Administrative assistance to all branches.  Setting up controls and procedures to the system to minimize the risk operations.  Following up and solving daily banking issues.

    • Central operations Unit
      Sep 1999 - Aug 2003 · 4 yrs

       In charge and supervising the following departments: Loans and Bills dept. Central clearing and support unit dept. Card operation dept. 

    • Loans Operation - Officer in charge of loans and discounted bills
      Mar 1997 - Sep 2001 · 4 yrs 7 mos

       Prepare and setting contracts for clients.  Supervising the limits and the interest rates entry to the system .  Interest recalculation, follow up and monitor payments for syndicated loans.  Supervise all kind of loans and discounted bills operations ( personal, corporate, bonded , housing and cars ).

  • Financial Department - Accountant at JORDAN NATIONAL TRADING COMPANY
    Jul 1991 - May 1993 · 1 yr 11 mos

     In charge of Accounting.  Follow up L/C’s