Manager/ AVP, Internal Control & Operational Risk Management (L&C)

Responsibilities:

• Review and execute operational risk management tools and systems, including Key Risk Indicators (“KRI”), Risk and Control Self-Assessment (“RCSA”), Operational Risk Events (“ORE”), and the Operational Risk Management System (“ORMS”)

• Assist to ensure the operational risk management framework is aligned with HKMA SPM Module “Operational Resilience” (OR-2) and “Business Continuity Planning” (TM-G-2)

• Assist to arrange the bank-wide development of Business Continuity Management (BCP) efforts. Assess the effectiveness, practicality, and compliance of departmental Business Continuity Plans (BCP Plans) and drills with local regulatory requirements and the bank’s BCP policies. Assist departments in making adjustments based on evaluation results

• Assist to review / develop policies and procedures of operational risk management and vendor management, and provide comments on the Bank’s workflow, policies and procedures from operational risk management perspective

• Conduct the operational risk stress testing

• Assist to prepare operational risk management training programs, issue risk alerts to relevant departments regarding identified risk points, and communicate risk warnings from regulatory and enforcement agencies to foster a risk-aware culture

• Assist to prepare operational risk-related reports to regulatory authorities, including the “Annual Statement on Business Continuity” and the “Independent Compliance Assessment on Business Continuity Planning (ICA).”

• Conduct research and implement Basel III and regulatory requirements, adopting the latest Standardized Approach to calculate operational risk capital

• Assist in the preparation of various management reports submitted to Head Office, Senior Management, and committees on a regular as well as ad hoc basis

• Assist in the ad hoc reports or exercises

Requirements:

• Degree holder in in Business / Finance or other financial related discipline Qualification in ECF is preferred

• Minimum 10 years’ of practical experience in business continuity management, operational risk, or related work experience

• Knowledge in operational risk management and good understanding of banking operations and processes

• Self-motivated with strong analytical and problem solving skills and results oriented

• Team-work oriented with proactive manner

• Proficient in written English and Chinese and MS Office Applications

• Proficient in both English and Chinese; fluency in Putonghua is an advantage

• Candidate with more experience will be considered as junior position