AVP, Operational Risk Management

China, Beijing Branch; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Job summary

Bank is seeking an experienced Risk Manager to develop and oversee comprehensive operational risk management frameworks, policies, and procedures across the organization.

The role requires strong analytical and governance capabilities, collaboration with cross-functional teams, and expertise in risk reporting and data-driven decision making.

Qualifications

• Degree in accounting, IT, finance, or related discipline.
• Minimum 6 years in operational risk management or internal control.
• Experience with outsourcing risk/third-party risk management is a plus.
• Experience with AI, dashboards and data analytics is a plus.

Responsibilities

• Develop and implement comprehensive operational risk management frameworks, policies, and procedures to identify, assess, monitor, and mitigate operational risks across the organization.
• Provide subject matter expertise and guidance to business units and support functions on operational risk management best practices.
• Collaborate with stakeholders to ensure effective risk reporting, escalation, and governance processes are in place.
• Conduct risk assessments, root cause analyses, and develop mitigation strategies to address identified operational risks.
• Oversee the implementation of operational risk management tools and systems to enhance risk visibility and data-driven decision-making.
• Contribute to the development and enhancement of the organization’s operational resilience capabilities.
• Participate in the design and delivery of operational risk management training programs to build risk awareness and capabilities across the organization.

Skills

Analytical thinking

Communication

Stakeholder management

Risk management

Education

Degree in Accounting/IT/Finance

Tools

Risk management tools

Data analytics tools

Job description

Business Function

Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. We provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decisions. In addition, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.

Responsibilities

• Develop and implement comprehensive operational risk management frameworks, policies, and procedures to identify, assess, monitor, and mitigate operational risks across the organization
• Provide subject matter expertise and guidance to business units and support functions on operational risk management best practices
• Collaborate with stakeholders to ensure effective risk reporting, escalation, and governance processes are in place
• Conduct risk assessments, root cause analyses, and develop mitigation strategies to address identified operational risks
• Oversee the implementation of operational risk management tools and systems to enhance risk visibility and data-driven decision-making
• Contribute to the development and enhancement of the organization's operational resilience capabilities
• Participate in the design and delivery of operational risk management training programs to build risk awareness and capabilities across the organization

Requirements

• Degree holder (or equivalent) in Accounting, IT, Legal, Finance or business-related discipline
• Minimum 6 years of working experience in operational risk management or internal control related function, with a strong understanding of regulatory requirements and industry best practices
• Proven track record in developing and implementing effective operational risk management frameworks and solutions
• Prior experience in Outsourcing Risk or Third Party Risk Management (TPRM) is a plus
• Prior experience in AI, dashboard and other data analytic tools is a plus
• Excellent analytical and problem-solving skills, with the ability to identify and address complex operational risks
• Strong communication and stakeholder management skills, with the ability to influence and collaborate with cross-functional teams
• Proficient in the use of risk management tools and data analytics to support decision-making
• Demonstrated expertise in managing operational risk in a financial services or banking environment
• Relevant professional certifications (e.g., ECF-ORM, PRMIA, GARP or CISA) are preferred

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

Location: One Island East

Job: Sourcing

Schedule: Regular

Employee Status: Full time