ORD - Operational Risk Governance AVP/Associate

3 weeks ago


New York County New York, United States Bank of China Limited, New York Branch Full time
Introduction:
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 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.

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

Head Office reporting

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

Qualifications:
Bachelor’s degree is required for this position

A minimum of 2 year of experience in the Banking industry and risk management

Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices

Bilingual abilities in both English and Chinese is required

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

:
USD $42,000.00 - USD $(phone number removed) /Yr.



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