Senior Manager , Business Risk Assurance & Control

Leadingnation; Hong Kong; On-site; HKD 900,000 - 1,300,000; Full time

Benefits offered by this job

Medical insurance

Life insurance

Allowances

Job summary

Leadingnation in Hong Kong operates as a middle office and first line of defense for Retail Banking, overseeing non-credit risks across units. The role leads a small team to remediate AML/fraud/operational risks and advises on risk controls within the framework.

The ideal candidate has significant risk, audit and compliance experience, with strong communication skills in English, Chinese and Mandarin preferred, and relevant professional qualifications.

Qualifications

• Degree holder or above, preferably in Business, Law or Risk Management.
• 10 years’ experience in product, channel, risk management and advisory in financial sector.
• Prior exposure to document review or process audit preferred.
• Solid understanding of product, process and channel management in consumer banking.

Responsibilities

• Participate in cross-departmental risk control projects and report to senior management.
• Review documents and conduct gap analyses of thematic scope.
• Derive insights on compliance requirements and regulatory changes.
• Provide operational risk advice on new services/products and ensure regulatory controls.
• Develop digital journey and translate into process re-engineering and system enhancements.
• Support ad hoc projects as required.

Skills

Risk management

Regulatory compliance

Audit/document review

Operational risk

Stakeholder communication

Change management

Education

Bachelor's degree or above in Business/Law/Risk Management

Job description

• Support ad hoc projects as required
• HKIB ECF , CAMS/CGSS or CPA etc
• Lead a small team to conduct thematic review

Position Summary and Objective

We are the middle office of first line of defense in Retail Banking, managing and mitigating non- credit risks within the business units. The position is required to

• Lead a small team to conduct thematic review of operational procedures to remediate non-credit risks, namely AML/ fraud/operational and compliance risk across channels and products
• Suggest efficient measures on risk control as per risk framework
• Keep abreast of latest trends on risk management of banking industry with focus on external regulators, internal audit and headquarter in mainland China.
• Solicit feedback from key stakeholders and ensure remediation measures are executable.

Job Responsibilities:

• Participate in cross-departmental projects of risk control, coordinate with subject matter experts within the bank and external business units, provide effective recommendation and implementation follow-up on projects, progress monitoring and reporting project status to senior management timely.
• Conduct document review and gap analysis of thematic scope, translate findings into actionable insights with thorough study on current operational procedures, key risk controls and frontline pain points.
• Derive insights on compliance requirements & audit findings; keep abreast of latest internal & external regulatory changes; develop gap analysis and recommend changes in operational procedures if needed.
• Provide operational risk advices or assessment on requests relating to new services/ products, ensure control measures meet regulatory requirements, compile gap analysis reports, guidelines and SOP.
• Develop digital journey and translate them into process re-engineering and system enhancement opportunities; analyze the feasibility of process optimization from the perspective of customers and frontlines.
• Support ad hoc projects as required.

Requirements:

• Degree holder or above, preferably in Business, Law or Risk Management;
• 10 years’ working experience in product, channel, risk management and advisory in financial sector;
• Prior exposures of document review or process audit preferred;
• Fair understanding of product, process and channel management in consumer banking.
• Sound knowledge of relevant laws and local regulatory requirements to bank, experience in supporting risk management for Southeast Asia market preferred;
• Proficiency in both spoken and written English, Chinese and Mandarin speaking would be an edge; excellent communication and presentation skills
• Solid experience in Risk Control or similar Professional qualification* is preferred.
• with Certified Internal Audit / ECF on Operational Risk Management /Co mpliance /(AML/CFT)/ Fintech/Green and Sustainable Finance, etc. would be an advantage ; Design Thinking; Transformation/ Project/ Change Management; Quality Management etc. Holder of ECF(ORM) and other Professional qualifications is preferred. The Bank provides support on continuing development where required.
• HKIB ECF , CAMS/CGSS or CPA etc.

We offer competitive remuneration package and comprehensive fringe benefits including medical and life insurance, and different types of allowances to the right candidates.