Country of Location:
China Hong KongJob Responsibilities:
Responsible Assist to maintain the operational risk management framework by referring to the best practice of risk governance and management.
Responsible for execution of operational risk framework by reviewing the adequacy of the implemented controls.
Responsible for operational risk identification, response, monitoring and reporting.
Review the status of risk acceptance or mitigation and whether residual risk still persists.
Conduct thematic/ special reviews on operational controls, including understanding relevant control designs, review scoping, control testing, and communication of findings with reviewee teams.
Perform deep-dive reviews or investigation into operational risk incidents to identify the root cause(s), provide recommendations to address the control weakness and evaluate the effectiveness of the corrective and preventive actions applied.
Review and provide comments for new products proposals and outsourcing activities in terms of risk management and controls.
Keep track of operational risk intelligence from regulatory initiated platform and industry alliances, and advises the corresponding preventive actions.
Provide consultancy and advice to BUs and non-BUs in relation to operational risk management, in particular new business initiatives.
Support BUs and non-BUs to manage risk by designing and implementing risk management processes and frameworks.
Prepare the bank-wide awareness or education program to promote the cultures operational risk management in the Bank.
Requirements:
Degree holder in Accounting, Finance, Risk Management or related disciplines.
Professional qualification e.g. CORP or ACCA preferred.
Minimum 5-8 years’ working experience in operational risk management in bank.
Understand the regulatory requirements and market trends relating to operational resilience.
Experience in developing and reviewing robust controls frameworks and 2nd line of defense will be an advantage.
Knowledge on incident investigation, operational risk scenario analysis and stress testing will be an advantage.
Analytical, problem solving with good interpersonal and communications skills.
Good command of written and spoken English and Chinese (including Putonghua).
