Main responsibilities and duties of the role
- Support the implementation of the Operational Risk framework in the region by ensuring risk situations in the Region are identified and under control
- Provide independent assessment and monitoring of the firm\'s Operational Risk profile:
- Incident management and loss data collection
- Production and management of Key Risk Indicators in addition to other weekly and monthly reporting as appropriate
- Management of the firm\'s risk mapping program and operational risk self-assessment process
- Provide review and input into new product and complex transactions approval process
- Relationship management with Front Office and Support Functions
- Contribution to the Operational Risk Committees
- Undertake deep-dive reviews, risk assessments or other internal investigations following internal incidents or near misses; external events or for the most material projects
- Delivery of training and assistance to regional operational risk correspondents on operational risk methodologies, procedures, tools, support and on follow up actions
- Coordinate with Global Operational Risk function on reporting, standards or tools implementation
- Actively participate to global initiatives to improve the OR framework, tools and processes
- Provide assistance and support to regional initiatives from an Operational Risk perspective
- Liaison with other functions via various meetings, working groups and Committees
- Support the Head of Operational Risk APAC in the implementation of the OR Framework.
Scope
The position has regional coverage across Asia-Pacific.
The position will directly report to the Head of Operational Risk APAC in HK.
Main internal and external relations
Internal relations: Both Front Office and Support Functions
Externally: Represent the Operational Risk department in industry meetings, conferences where required
Qualifications
- University degree and at least 6 years of working experience in the financial industry in a control function (e.g. Financial Control, Operations, Internal Audit, Risk Management)
- Solid understanding and experience of risk management and operational risk practices
- Strong analytical skills in the context of risk and control environments
- Excellent communication skills (in English, verbally and in writing) and interpersonal skills
- Business knowledge: practical understanding of Corporate and Commercial Banking products as well as Capital Markets: Equity and Fixed Income products
- Excellent communication and interpersonal skills, as the role involves a high amount of interaction with a diverse group of stake holders in business units and support functions
- Strong analytical skills with the ability to present complex data in a clear and concise manner
- Excellent organizational skills and execution ability to meet timelines and achieve desired results, with the ability to manage large workloads and conflicting priorities
- Ability to facilitate meetings and discussions