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Operational Risk Management - Operational Risk Governance AVP/Associate
Bank of China New York, NY
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$91k-118k (estimate)
Full Time 2 Weeks Ago
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Bank of China is Hiring an Operational Risk Management - Operational Risk Governance AVP/Associate Near New York, NY

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:
  • Bachelors 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 candidates relevant years of experience, skillset, education and other qualifications.

:
USD $42,000.00 - USD $150,000.00 /Yr.

Job Summary

JOB TYPE

Full Time

SALARY

$91k-118k (estimate)

POST DATE

06/12/2024

EXPIRATION DATE

06/30/2024

WEBSITE

boc.cn

HEADQUARTERS

MANHATTAN, NY

SIZE

>50,000

FOUNDED

1912

CEO

SHIQIANG WU

REVENUE

>$50B

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