Operational Risk AVP/ VP (60-80K X 12) recruitment
The Company
Our client is a premier global financial institution with diverse products being offered across Asia. With continued regional growth a new opportunity exists for an Operational Risk AVP/ VP to expand business in Hong Kong.
The Role
As a member of the Operations Risk Group in Asia, this role is responsible for Monthly Asia Operations Risk Report production. He/ she is responsible for Monthly Asia Operations Risk report production, consolidation and analysis of data (ORIs, KRIs, business volume, breaks, etc.), consolidation of operational risk issues and actions and packaging of graphs and summaries. The candidate is also responsible for performing report generation per product/ location/ function, commentary and summary of risk status and participating in risk review meetings to validate report contents.
Major responsibilities include:
- Conducting operational risk assessments on core functions (both front and back office) in Asia branches through interviewing local Department Heads and local COOs to understand their business
- Reviewing the processes and procedures to perform Risk Impact Analysis to meet the Basel II reporting requirements
- Consolidating reports on incidents by reviewing information from relevant staff and operational procedures or policy to analyse the root cause.
- Making recommendations to prevent recurrence, and coordinated with Department Heads to implement new controls when required.
- Building relationships and liaised with Functional Heads to establish Key Risk Indicators (KRI) daily report for Management
- Establishing internal control monitoring plan to ensure that key risks are identified and reduced
- Monitoring the internal controls including defining key controls and conducting key control effectiveness testing
Your Profile
To qualify, individuals must possess:
- Degree holder, preferably Qualified Accountant
- Strong knowledge of internal auditing, risk management and internal control related assignments in banking operations
- At least 6 years of experience in compliance, audit or operational risk in financial industry standards
- Excellent written and verbal communication skills
Apply Today
Send your resume (in WORD format) by clicking the apply button now. Please note that only short-listed candidates will be contacted.