Key Objectives: Assist to establish and maintain ORM related Policies & Procedures, and oversee the Bank to effectively implement these policies and procedures in managing operational risks in accordance with the risk appetite.
Responsibilities:
- Ensure the implementation, development / maintenance, review and approval of ORM related Policies and Procedures are timely and properly.
- Work closely with different lines of defense to ensure applicable regulatory and internal requirements on ORM are fulfilled.
- Identify, analyze and monitor operational risk events / issues, and prepare escalations (e.g. for high-risk events / issues) .
- Assist in driving the Key Control Self-Assessment (“KCSAâ€) exercise and developing Key Risk Indicators (“KRIâ€) of the Bank.
- Review and propose updates on the Risk Appetite on ORM.
- Ensure operational risks are within the approved risk appetite through.
- Review of controls design of new products / services / procedures.
- Review of the root-cause analysis and rectification plan of material operational risk events / issues.
- Tracking of timely implementation of rectification plan.
- Prepare training materials for continuously cascading ORM requirements as stipulated in the ORM related Policies & Procedures in order to promote effective risk management culture.
- Manage the planning & execution of the bank-wide Business Impact Analyses and Business Continuity Plans.
Requirements:
- Bachelors degree or above in Accounting, Finance, Business Administration or Risk Management.
- 5 years of Risk management experience in Fintech, Retail or Private Banking & Wealth Management is an advantage.
- Good knowledge in HK Regulatory Requirements for Banks, in particular to the HKMA and SFC regulatory standards. ECF certificate will be a plus.
- Highly analytical and ability to proactively lead changes.
- Be able to communicate effectively in English and Chinese, proficiency in Mandarin will be an added advantage.