Senior Operational Risk Officer recruitment
Job Title : Senior Operational Risk Officer
Location :Shanghai
Scope of Role:
The SORO will partner with country management and the Operational Risk function to implement the Bank’s Risk Management Framework, group operational risk strategy and associated operational risk procedures to ensure that operational risk is effectively managed. Specifically, the SORO must:
•Ensure the operational risk appetite is understood by the country business unit
•Ensure the country business unit is proactively identifying, registering, measuring, accepting and monitoring risk
•Ensure the country business unit’s control environment is effective in:
oReducing gross operational risk exposure to acceptable levels of target residual risk commensurate with the risk appetite
oObtaining a favourable audit outcome
•Ensure appropriate consideration is given to operational risk versus return prior to launching new products in country
•Maintain an optimal balance between risk and the cost of control
•Communicate with both external stakeholders to demonstrate compliance with their requirements and with internal stakeholders to highlight critical OR issues
•Help develop an operational risk culture by ensuring compliance with operational risk governance procedures and policies and by delivering training
Any inquiries for the role please send resume to lisa.wang@connectedgroup.com