Business Risk Manager – Director
The Business Risk Manager will be the conduit between the First Line of Defence (FLOD) and Second Line of Defence (SLOD) of the Bank seeing to the implementation of risk policies set and owned by the risk functions and by seeing that FLOD tests be designed and conducted by the Business Assurance Managers (BAMs) to ensure compliance with policies. The incumbent will have responsibility for the soundness of the Control Framework and principles on which FLOD tests are designed and performed by the BAMS within various business units across Asia. The incumbent will work with the CRO to establish a common risk management culture across the region in line with business and regulatory requirements, ensure that all employees are aware of their risk management responsibilities through regular communication and training and work closely with the team of BAMs in Asia in the implementation and maintenance of processes in the business and functions to manage risks and ensure compliance with all Group policies and regulatory requirements. The jobholder will ensure that risks to which the business is exposed are indentified and assessed, and that appropriate mitigation and management measures are implemented by the FLOD in a comprehensive, appropriate and forward looking manner and that adequate risk MI is in place to provide timely and accurate reporting on risk issues, exceptions and overall compliance and respective actions are initiated and implemented based on major findings. The Business Risk Manger will participate in risk mitigation projects and work with Risk and BAMs and actively engage all stakeholders to achieve good audit ratings in all internal, external and regulatory audits/inspections.
The successful candidate will have at least 12 years experience as a business risk, audit, legal or compliance professional ideally gained in a leading private bank or wealth management house. Applicants from investment banking will also be considered. Candidates will be required to demonstrate a solid understanding of business processes, extensive knowledge of the Hong Kong and Asian regulatory environment and familiarity with legal, capital markets and cross-border infrastructures of jurisdictions across Asia as well as knowledge of regulatory, compliance and anti-money laundering regulations. Prior experience of dealing with regulators, auditors and legal counsels would be a plus. Candidates are also required to have excellent interpersonal, communication skills and stakeholder management skills. Applicants with less experience will be considered for a Vice President role.
If you have the necessary skills and experience and are interested in this opportunity please contact Matthew Whitman of Barclay Simpson on mw@barclaysimpson.com or +852 2546 1955.
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