Bank of China USA
Operational Risk Management Department- Operational Risk Governance AVP
Bank of China USA, New York, New York, United States, 10001
AVP Operational Risk Management
The AVP 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. Other responsibilities include but not limited to supporting the risk management governance of the department including: facilitate monthly ORC meetings, Q&A the meeting material and supporting documents; facilitate regulatory and audit meetings and affairs. 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 Administration Asset Management, including Communication tools, asset / fixed asset purchase and maintenance Record Retention Management Ad Hoc requests Qualifications Bachelor's degree is required 5 years of experience in the banking industry 2 years of experience in 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 USD $65,000.00 - USD $150,000.00 /Yr.
The AVP 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. Other responsibilities include but not limited to supporting the risk management governance of the department including: facilitate monthly ORC meetings, Q&A the meeting material and supporting documents; facilitate regulatory and audit meetings and affairs. 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 Administration Asset Management, including Communication tools, asset / fixed asset purchase and maintenance Record Retention Management Ad Hoc requests Qualifications Bachelor's degree is required 5 years of experience in the banking industry 2 years of experience in 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 USD $65,000.00 - USD $150,000.00 /Yr.