Vice President, Operational Risk Management

Fubon Bank (Hong Kong); Hong Kong; On-site; HKD 1,000,000 - 1,400,000; Full time

Job summary

Fubon Bank (Hong Kong) seeks an experienced risk management professional to lead the design and optimization of risk control tools and oversee key risk indicators and incident reviews.

You will drive climate risk and regulatory gap analysis, maintain the OR-2 resilience framework, and coordinate BCP drills and vendor risk oversight. Strong leadership and bilingual communication are essential.

Qualifications

• University graduate or above.
• Strong analytical skills and able to work independently and under pressure.
• Proficiency in English and Chinese (written and spoken).
• 8 years or above relevant experience.
• Good understanding of policies, procedures and internal control as well as regulatory requirements.
• Strong leadership, communication and people management skills.

Responsibilities

• Lead implementation and optimization of risk management tools and reporting.
• Oversee review of Operational Risk Event (ORE) reports and validate root cause analysis.
• Manage review of KPE/KRI templates and CSA/KRI assessment reports; track actions.
• Provide expert operational risk assessments, including climate risk and regulatory gap analysis.
• Maintain the OR-2 framework and test scenarios for business continuity.
• Champion business continuity management and lead BCP drill resolutions.
• Oversee Third-Party Risk Management (TPRM) framework and vendor risk oversight.
• Prepare regular/ad hoc risk management and ICAAP reports for management/regulators.
• Design and conduct training programs to promote risk management and internal controls.
• Perform ad hoc duties or projects as assigned.

Skills

Analytical skills

Work independently

Stress resistance

Leadership

Communication skills

People management

English and Chinese

Regulatory knowledge

Education

University graduate or above

Job description

• Lead the implementation and optimization of risk management tools to assist business and support units in identifying key risk areas, establishing control standards, executing checking mechanisms, and reporting assessment results.
• Oversee the review of Operational Risk Event (ORE) reports to ensure completeness, validate root cause analysis, and verify the effectiveness and adequacy of preventive measures proposed by business or support units.
• Manage the review of KPE and KRI templates, regular CSA and KRI assessment reports, and maintain comprehensive records. Monitor and track the execution of action or preventive measures stated in these assessment reports.
• Provide expert advice and operational risk assessments, including climate risk in relation to physical risk assessment, for new products/services, control measures in regulatory requirement gap analysis reports, and guidelines/SOPs.
• Lead the maintenance of the operational resilience (OR-2) framework and scenario testing for critical operations to ensure business continuity under stress.
• Champion business continuity management activities, drive the resolution of issues identified in the BCP drill testing.
• Oversee the maintenance and enhancement of the Third-Party Risk Management(TPRM) framework, ensuring robust oversight of vendor risks.
• Compile and review regular or ad hoc risk management reports, stress testing reports, and conduct ICAAP assessments on operational risk for submission to senior management, parent company, and/or regulators.
• Design and conduct training programs to promote operational risk management and internal control, fostering a strong risk culture across the organization.
• Perform ad hoc duties or projects assigned by the Head of Operational Risk Management or senior management.

Requirements:

• University graduate or above
• Strong analytical skills and able to work independently and under pressure
• Proficiency in both written and spoken English and Chinese
• 8 years or above relevant experience
• Good understanding of policies, procedures and internal control as well as regulatory requirements
• Strong leadership, communication and people management skills