Operational Risk Governance Associate/AVP
Bank of China, U.S.A. - New York City, NY
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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.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.Include but are not limited to:Risk aggregation and ReportingCollect operational risk related data from departmentsQ&A the data input and follow up with the departments if necessaryConsolidate the data and complete risk aggregation and reporting to all executive committeesAnalyze the data input from teams and departments and consolidate the inputs to generate reportsWork with different departments to prepareOperational Risk Related ERM report and ORM reportHead Office reportingGovernanceAdministrator of the Operational Risk Committee (ORC)Manage and maintain all ORD policies and proceduresFacilitate meetings with regulators and provide materials requested by regulatorsFacilitate audit meetings and affairsManagementExecute and ensure adherence to all policies and procedures impacting Operational Risk ManagementEnsure adherence to Branch policies and proceduresSupport with the execution of department strategic objectivesBachelor’s degree is required for this positionA minimum of 2 year of experience in the Banking industry and risk managementKnowledge of operational or enterprise risk management concepts, framework, methods, andgood governance practicesBilingual abilities in both English and Chinese is preferred but not requiredUSD $65,000.00 - USD $150,000.00 /Yr.
Created: 2024-09-07