ERM - Enterprise Risk Assessment - Associate

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
This position coordinates with all lines of business and risk areas during the enterprise risk assessment process, assist with performing second line of defense for Strategic and Reputation Risk management, and perform assigned tasks in support of team projects or ad hoc requests.

Responsibilities
Include but are not limited to

Enterprise Risk Assessment

• Support the quarterly bank-wide Enterprise Risk Assessment (ERA) process and contribute to the ERA reports.
• Assist in evaluating the effectiveness of the ERA process including aggregation methodology and data analysis, and help with identifying areas of improvement.
• Support the update of the relevant governance documents, including the enterprise risk assessment procedure.
• Support user access requests and enhancement/feature testing related to ERA platform.

FLU Risk Manager Management

• Assist ERA team in management of FLURM meetings and communication.
• Support development of FLURM skill assessment and performance evaluation template.
• Support coordination of FLURM skill assessment and performance evaluation.

Control Testing

• Support the bank-wide control testing initiative and relevant action items in the strategic and reputation risk areas, including enhancing control inventory, management of control testing tool, and refining testing methodology and process.

Strategic Risk Management

• Assist in performing as the 2nd line of defense for Strategic Risk, collaborate with all relevant stakeholders in strategic planning, implementation monitoring.
• Support the update of the relevant governance documents, including the strategic risk policy/procedure.
• Assist with designing and conducting strategic risk related trainings.

Reputation Risk Management

• Assist in performing as the 2nd line of defense for Reputation Risk, collaborate with all relevant stakeholders in identifying, monitoring and controlling reputation risk.
• Support the update of the relevant governance documents, including the reputation risk policy/procedure.
• Assist in designing and conducting reputation risk related trainings.

Project/Reporting Support

• Support the ERA team working with key stakeholders across relevant business and risk functions to execute relevant action plans and enhance the ESG/climate risk management practice at the bank, including reporting of ESG related KRI.
• Perform assigned tasks in support of team projects, such as methodology enhancement, process streamlining, etc.
• Prepare risk management reports for risk committee and other internal stakeholders.
• Carry out ad hoc requests, such as methodology research, data analysis, inter-departmental project coordination, etc.

Qualifications

• Bachelor's degree is required. Master's degree preferred.
• 2+ years of relevant experiences in Risk Management Experience.
• Risk management certification preferred.
• Risk management related general knowledge required, e.g. credit risk, market risk, etc.
• Strong project management and problem-solving abilities.
• Ability to build strong and productive working relationships, and efficiently coordinate and collaborate tasks with multiple departments and stakeholders.
• Bilingual skills (English and Chinese) preferred.

Pay Range
Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

USD $42, USD $90,000.00 /Yr.