Senior Risk Control Officer – Mandarin speaking

THE COMPANY:

Our client is a leading international bank based in the City.  They are looking for a Senior Risk Control Officer to join the team.

THE RESPONSIBILITIES:

• Co-ordinate with Senior Management (Executive Committee) to develop, implement and maintain a strategic plan to prevent or mitigate operational risk.
• Take the lead role in Head Office projects, initiatives and reporting, including but not limited to operational risk management reporting and projects.
• Pro-actively challenge the first line, second line and other departments’ identification and management of operational risk.
• Assist departments to identify and manage operational risk in their respective activities, escalating to Senior Management for risk-acceptance when required.
• Develop and maintain effective operational risk management policies and standards.
• Maintain the operational risk incident management and reporting framework, including operational risk root cause investigation, identification, assessment and countermeasures, and promotion of the risk-acceptance process.
• Lead and co-ordinate the Bank-wide Operational Risk Control Self-Assessment, and maintain the Risk Register.
• Lead and co-ordinate the Head Office Operational Risk Control Self-Assessment, and maintain the Risk Register.
• Maintain and archive operational risk management documentation, including policies, procedures, action trackers, risk registers, KRIs, etc.
• Promote and build a culture of operational risk awareness by providing regular training, developing strong, open and collaborative relationships with key stakeholders, and by keeping up-to-date with current operational risk management theory and industry best practice.
• Lead and co-ordinate the annual inter-departmental Business Continuity Policy (BCP) update, including embedding of Operational Resilience measures in line with UK regulatory expectations (with support from the Department Head and the Chief Risk Officer).
• Lead and co-ordinate the outsourcing risk assessment, in line with the Business Outsourcing Policy, and maintain the central log.
• Lead and co-ordinate the annual inter-departmental Critical Spreadsheet review update, including control testing and reporting any key findings to Senior Management.
• Co-ordinate the monitoring and reporting of reputational risk incidents, in line with Reputational Risk Management Policy, and manage the reputational risk framework, including annual Policy update.
• Other tasks as directed by the Head of Department.

EXPERIENCE REQUIRED:

• Strong written and verbal communication skills in both Chinese and English.
• Good knowledge of and working experience in operational risk management and ERM (at least 5 years in operational risk, preferably with a reputable financial institution), including the ability to demonstrate and articulate risk skills and methodologies.
• Awareness of industry trends and best practices in risk management (particularly operational risk management but with a broad understanding of other ERM categories).
• Tact, discretion, good judgement and common sense in dealing with sensitive and/or confidential situations.
• Sound understanding of the relevant regulatory regimes and requirements governing the control and management of ERM, particularly operational risk management.
• Ability to deliver accurate and comprehensive risk reports, and to propose constructive, forward-looking and proportionate solutions and suggestions.

For further information please contact Eleanor Gowling