Operational Risk Governance Associate
1 week ago
Bank of China Limited, New York Branch is seeking a highly skilled and motivated individual to join our team as an Operational Risk Governance Associate - Campus Recruitment. This is an exciting opportunity to work in a dynamic and fast-paced environment, contributing to the development and implementation of operational risk management strategies.
Key Responsibilities- Risk Aggregation and Reporting: Gather and analyze operational risk data from various departments, ensuring accurate and timely reporting to executive committees and the head office.
- Data Collection and Quality Assurance: Conduct thorough quality checks on operational risk data, following up with teams as needed to ensure data integrity.
- Consolidation and Reporting: Aggregate and consolidate risk data from multiple sources to generate comprehensive reports for executive committees and the head office.
- Data Analysis and Insights: Analyze risk data to identify trends, patterns, and potential areas of concern, providing actionable insights to inform risk management strategies.
- Cross-Functional Collaboration: Work closely with departments across the organization to ensure accurate and timely reporting of operational risks.
- Governance and Compliance: Serve as secretariat for the Operational Risk Committee (ORC), supporting its operations and ensuring compliance with relevant regulations.
- Policy and Procedure Management: Assist in developing, maintaining, and updating operational risk policies and procedures to align with regulatory requirements and best practices.
- Regulatory Engagement: Facilitate meetings with stakeholders, provide requested materials, and ensure ongoing compliance with regulatory expectations.
- Coordination: Coordinate audit activities, manage audit-related communications, and address audit findings to maintain a strong compliance posture.
- Administration: Support budget management, asset management, record retention, and training programs within the department, and handle additional administrative tasks as needed.
- Bachelor's degree required at the time of hiring.
- Internship experience in the banking industry and risk management is preferred.
- Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices is preferred.
- Bilingual abilities in both English and Chinese are required.
Bank of China Limited, New York Branch offers a competitive salary range of USD $50,000 to USD $70,000 per year, commensurate with candidate's relevant years of experience, skillset, education, and other qualifications.
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