Head of Operational Risk & Business Continuity

Bank of China (Hong Kong); Hong Kong; On-site; HKD 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Medical insurance

Job summary

Bank of China (Hong Kong) invites an experienced risk management leader to set up an effective operational risk framework in line with Basel and regulatory requirements. You will coordinate with departments to implement risk strategies, adopt methods, tools and procedures to identify, assess, monitor and mitigate risks.

You will monitor implementation, support due diligence for products/services, participate in business continuity planning, lead risk management across ASEAN institutions, promote

Qualifications

• Bachelor degree or above in Finance, Accounting, Risk Management, Economics, Mathematics, Statistics or related discipline
• ACCA/CPA/FRM/PRM/CIA preferred
• Minimum 10 years of risk management experience in banking; 6 years in team management preferred
• Sound understanding of local regulatory requirements and risk monitoring framework
• Proficiency in English and Chinese (Putonghua) with good communication skills

Responsibilities

• Set up an effective operational risk management framework in line with Basel and regulatory requirements.
• Coordinate with departments to implement risk strategies, adopt methodologies, tools and procedures to identify, assess, monitor, control or mitigate operational risk.
• Monitor departments' implementation of risk policies, follow up risks identified and provide recommendations to mitigate weaknesses.
• Formulate admin measures for products/services risk monitoring and participate in due diligence for products/services and insourced/outsourced activities.
• Develop business continuity plans and risk mitigation measures, manage drills and daily emergency events.
• Lead and manage risk management, business continuity planning and emergency handling for ASEAN institutions/subsidiaries.
• Promote risk management culture, awareness and training; ensure compliance with regulators and internal policies.

Job description

Bank of China (Hong Kong) invites an experienced risk management leader to set up an effective operational risk framework in line with Basel and regulatory requirements. You will coordinate with departments to implement risk strategies, adopt methods, tools and procedures to identify, assess, monitor and mitigate risks.

You will monitor implementation, support due diligence for products/services, participate in business continuity planning, lead risk management across ASEAN institutions, promote