Our Client is a top Tier investment Bank who is looking for outstanding operational risk professionals. Ideally the successful candidate will have Investment Banking experience although candidates from a Big 4 environment with Financial Services exposure will also be considered.
The Operational Risk Department is responsible for facilitating sound Operational Risk Management throughout the Asia region, including dissemination of firm policies and identification and escalation of risk issues, capturing all operating errors and escalating to senior management as well as conducting risk self assessments with business units. This role is part of the Firm-wide Operations Risk Department (ORD) that reports globally to Chief Risk Officer and regional to Asia CAO, covering all aspects of Operational Risk within Business units and Infrastructure support functions. • Planning and managing the implementation of Firm’s operational risk framework across countries in Asia with a focus on China business initiatives • Implementing Firm risk categorization standards to which all risk assessment, loss event data and operational risk monitoring and reporting processes will adhere to in Asia • Discussing incidents of significance, and/or other cross-divisional operational risk matters with BU and Infrastructure support functions and assisting in identification of effective solutions for remediation • Setting up regulatory “rule database” of relevant banking and securities regulations in Asia that govern The Firms regulated entities in Asia, that relates to (a) operational risk, (b) governance and (c) internal controls requirements • Performing gap analysis of these requirements with reference to current internal controls and processes • Working with infrastructure groups to identify solution/ownership for monitoring/complying with the requirement. Initial focus will be on China rules and regulations (CBRC, CSRC, PBOC, SAFE etc)
This is a high exposure role that requires a very professional person that work hands-on with all middle to senior management within BU and Infrastructure. You will be self-motivated, with good interpersonal skills and Business Product Knowledge
Prior working experience in investment banking as well as knowledge of internal controls, processes and front-to-back transactions systems are important. It would be beneficial if the person had previous experience in control functions within Middle Office, Trade Support, Operations, or an Audit type role of performing control risk assessments. Analytical thinking is required.
Ability to communicate in English and Mandarin is required. Communication skills are required in particular the ability to read and converse in Chinese (PRC Mandarin) to coordinate/facilitate meetings, and to obtain risk related data from the line person and management. Travel to China may be required as part of the role.
Applicants please send your resume together with present and expected salary to nlambe@morganmckinley.hk Candidates not contacted within 4 weeks may consider their application for this role unsuccessful. Unless advised otherwise, unsuccessful candidates will be kept on file for future job opportunities. Your application may be forwarded to other international plc offices for recruitment purposes.
Personal data collected will be used for recruitment related purposes only and all personal data of applicants will be kept in strict accordance to the Personal Data Privacy Ordinance.
