Operational Risk Management Department-Operational Risk Governance AVP

Bank of China USA; New York (NY); Sur place; USD 65 000 - 150 000; Plein temps

Résumé du poste

Bank of China USA is seeking an Associate Vice President to lead the Operational Risk (OR) Framework management. You will oversee the OR framework, policy and procedures, and consolidate risk data to produce branch-wide reports for the Head Office.

Responsibilities include risk aggregation, reporting to executive committees, governance of the ORC, and maintaining ORD policies. The role also involves coordination with regulators, audits, and departmental collaboration to support strategic

Qualifications

• Bachelor's degree is required.
• 5 years of experience in the banking industry.
• 2 years of experience in risk management.
• Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices.

Responsabilités

• Risk aggregation and reporting: collect data from departments and consolidate for executive committees.
• Governance: manage ORD policies and facilitate regulator/audit meetings.
• Management: ensure adherence to policies and support department objectives.
• Administration: asset management, record retention, and ad hoc requests.

Connaissances

Operational risk concepts

Governance practices

Data analysis

Formation

Bachelor's degree

Description du poste

Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

Overview

The AVP is responsible for performing the Operational Risk (OR) Framework management. The purpose of this job specifically includes managing the OR framework, policy and procedure, while also analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office. Other responsibilities include but not limited to supporting the risk management governance of the department including: facilitate monthly ORC meetings, Q&A the meeting material and supporting documents; facilitate regulatory and audit meetings and affairs.

Responsibilities

Include but are not limited to:

Risk aggregation and Reporting

• Collect operational risk related data from departments
• Q&A the data input and follow up with the departments if necessary
• Consolidate the data and complete risk aggregation and reporting to all executive committees
• Analyze the data input from teams and departments and consolidate the inputs to generate reports
• Work with different departments to prepare Operational Risk Related ERM report and ORM report

Governance

• Administrator of the Operational Risk Committee (ORC)
• Manage and maintain all ORD policies and procedures
• Facilitate meetings with regulators and provide materials requested by regulators
• Facilitate audit meetings and affairs

Management

• Execute and ensure adherence to all policies and procedures impacting Operational Risk Management
• Ensure adherence to Branch policies and procedures
• Support with the execution of department strategic objectives

Administration

• Asset Management, including Communication tools, asset / fixed asset purchase and maintenance
• Record Retention Management
• Ad Hoc requests

Qualifications

• Bachelor’s degree is required
• 5 years of experience in the banking industry
• 2 years of experience in risk management
• Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.
USD $65,000.00 - USD $150,000.00 /Yr.