Business Risk Manager, Trade Finance

Job Summary

The Business Risk Manager for Trade Finance directs and oversees front to back operational, Cybersecurity, Compliance, Financial Crime, Fraud and Conduct risk for the Trade business within Transaction Banking (TB). Reporting to the Head of Business Risk Management, Trade, GCNA, the incumbent will focus on end to end Trade risk controls, reporting, governance and supervision. The primary requirements of the role will be to:

• Act as the voice, eyes and ears of the Trade COO for all matters related to Risk for the country.  
• Oversee the effective execution of controls within the country, including identification of gaps and remediation of issues, elevating residual risk where appropriate.
• Create and maintain complete, accurate and targeted metrics to allow the COO, the Global/Regional/Country Head of Business Risk Management for Trade and Business Head to constantly assess the control environment and residual risk profile. 

Job Responsibilities

• Assist in the identification and escalation of thematic and horizon risks and the implementation of appropriate controls to mitigate those risks within the Country.  Be the ‘go-to’ person for the business with regards to the escalation of all operational and other risk-related incidents/queries/events that arise within the Country.
• Support Trade COO, Business and Operations Heads within the Country in developing high levels of front to back risk awareness and ownership across the business.  This is for all risk types aligned to the Trade business. Provide structured guidance towards improving audit Management Control Awareness ratings in the country and drive first line ownership of risk to ensure teams understand the key risks, how they manifest in our controls / processes and how the controls are implemented and managed.
• Oversee the effective execution of controls within the country, including identification of gaps and remediation of issues, elevating residual risk where appropriate.
• Oversee the management of Risk Events in country, driving the right level of awareness, clarity and transparency with regards to the creation of Risk Events on M7 system and the production of Root Cause Reports.  Tightly govern delivery of all remedial actions to plan.
• Comply with, and cascade, implementation and oversight of TB’s Conduct and Supervision agendas amongst Trade teams in the country, ensuring timely and effective delivery in line with TB and Trade Scorecard targets towards an enhanced culture of good Conduct.
• Coordinate with key stakeholders including Operational Risk, Compliance, Financial Crime and Conduct Risk, and Business centrally, regionally and in country to increase transparency and share key learnings and best practice.  In particular, work with Country Business Risk Management Head to represent the country in relevant Regional / Group risk forums and discussion.
• Leverage relevant local risk committees / forums to reinforce Trade-related risk awareness in the Country.
• Own the rollout of relevant Group policies across Trade in the Country.  Interact with policy and process owners, as well as relevant Business Risk Head(s) to ensure that what is finally agreed is fit for purpose and practical to implement.

Skills and Experience

• Strong risk acumen, with the ability to identify, assess, challenge and mitigate risks proactively.
• Good business and commercial sense, with an understanding of business objectives, client needs and operational realities.
• Excellent stakeholder management and influencing skills, with the ability to engage effectively across Business, Operations and Control functions.
• Strong analytical and problem-solving skills, with the ability to translate observations into practical risk mitigation actions.
• Strong communication and presentation skills, able to convey complex risk issues clearly and concisely to senior management.
• A collaborative team player, supporting effective team coverage.
• Appropriate level of attention to detail, with a disciplined and control-focused approach.

Qualifications

• University educated
• Sound knowledge of Trade Finance products is essential
• Experience in Trade Finance Operations or other Transaction Banking Operations is a strong advantage
• Experience in risk management is desirable
• Proficient in written and spoken English and Chinese