Director, Business Compliance and Operation Risk - Private Banking

Recruiter
Bank Of China (Hong Kong) Limited
Location
Hong Kong, Hong Kong
Salary
Competitive
Posted
24 Jun 2022
Closes
09 Jul 2022
Ref
15560092
Job Function
Wealth Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Responsibilities:
  • Act as the Department Operation Risks Manager (first line of defense)
  • Assess product due diligence request raised by business
  • Coordinate BCP; perform UAT for system changes
  • Implement and review the risk control mechanisms (e.g KRIs) and risk monitoring requirements on the private banking business
  • Work on regulatory survey(s); conduct annual risk and control assessment to ensure relevant risks are identified with proper control being laid down
  • Review policies & procedures, risk assessment materials submitted by various units and to analyze the compliance/operation risks in new businesses / products / systems
  • Conduct trade surveillance, daily report monitoring and other regular transaction and work flow monitoring to identify possible compliance/operational risks and provide recommendations to enhance control weaknesses
  • Perform self-assessment, gap analysis against internal and/or regulatory requirements
  • Advise business units on operational risks and control matters, including coordinate business contingency plan
  • Investigate operational risk incidents, recommend appropriate enhancement and monitor implementation status of action plan(s)
  • Perform regular and ad hoc monitoring on relevant business activities and prepare management reports on compliance and operation risk related review results
  • Coordinate internal / external review, self-assessment or audit
Requirements:
  • Degree or above
  • At least 8 years banking experience, with Operational Risk Management experience on private banking. With Compliance background is an advantage.
  • Independent, excellent analytical, time management and interpersonal skills, with ability to prioritize tasks.
  • Proficient in written, spoken English and Chinese

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