Operational Risk Management Department

1 week ago


New York, United States Bank of China USA Full time

Operational Risk ManagementThe position 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.Include but are not limited to:Risk Aggregation and ReportingCollect operational risk related data from departmentsQ&A the data input and follow up with the departments if necessaryConsolidate the data and complete risk aggregation and reporting to all executive committeesAnalyze the data input from teams and departments and consolidate the inputs to generate reportsWork with different departments to prepare Operational Risk Related ERM report and ORM reportHead Office reportingGovernanceAdministrator of the Operational Risk Committee (ORC)Manage and maintain all ORD policies and proceduresFacilitate meetings with regulators and provide materials requested by regulatorsFacilitate audit meetings and affairsManagementExecute and ensure adherence to all policies and procedures impacting Operational Risk ManagementEnsure adherence to Branch policies and proceduresSupport with the execution of department strategic objectivesQualifications:Bachelor's degree is required for this positionA minimum of 2 year of experience in the Banking industry and risk managementKnowledge of operational or enterprise risk management concepts, framework, methods, and good governance practicesBilingual abilities in both English and Chinese is requiredPay Range: USD $42,000.00 - USD $150,000.00 /Yr.Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.



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