Operational Risk Governance AVP — Framework & Reporting

Sumitomo Mitsui Trust Bank Limited New York Branch; New York (NY); On-site; USD 65,000 - 150,000; Full time

Job summary

The AVP at Bank of China will lead the Operational Risk (OR) Framework management, focusing on policy, procedure, and data consolidation to generate branch-wide risk reports for Head Office. This role involves governance, regulator interactions, and ORM reporting across departments.

Applicants should have a Bachelor’s degree and at least five years in banking with two years in risk management, plus solid knowledge of OR concepts and governance practices.

Qualifications

• Bachelor’s degree required; 5 years of banking industry experience; 2 years of risk management experience; knowledge of operational or enterprise risk management concepts, framework, methods, and governance practices.

Responsibilities

• Risk aggregation and reporting: collect data from departments, QA data inputs, consolidate and report to executive committees.
• Governance: administer Operational Risk Committee, maintain ORD policies, coordinate regulator meetings and audit affairs.
• Management: ensure adherence to policies, support departmental strategic objectives.
• Administration: asset management and record retention management; ad hoc requests.

Skills

Operational risk management

Data analysis

Risk governance

Education

Bachelor's degree

Job description

The AVP at Bank of China will lead the Operational Risk (OR) Framework management, focusing on policy, procedure, and data consolidation to generate branch-wide risk reports for Head Office. This role involves governance, regulator interactions, and ORM reporting across departments.

Applicants should have a Bachelor’s degree and at least five years in banking with two years in risk management, plus solid knowledge of OR concepts and governance practices.