Position Summary and Objective

We are the middle office of first line of defense in Retail Banking, managing and mitigating non- credit risks within the business units. The position is required to

• Lead a small team to conduct thematic review of operational procedures to remediate non-credit risks, namely AML/ fraud/operational and compliance risk across channels and products
• Suggest efficient measures on risk control as per risk framework
• Keep abreast of latest trends on risk management of banking industry with focus on external regulators, internal audit and headquarter in mainland China.
• Solicit feedback from key stakeholders and ensure remediation measures are executable.

Job Responsibilities:

• Participate in cross-departmental projects of risk control, coordinate with subject matter experts within the bank and external business units, provide effective recommendation and implementation follow-up on projects, progress monitoring and reporting project status to senior management timely.
• Conduct document review and gap analysis of thematic scope, translate findings into actionable insights with thorough study on current operational procedures, key risk controls and frontline pain points.
• Derive insights on compliance requirements & audit findings; keep abreast of latest internal & external regulatory changes; develop gap analysis and recommend changes in operational procedures if needed.
• Provide operational risk advices or assessment on requests relating to new services/ products, ensure control measures meet regulatory requirements, compile gap analysis reports, guidelines and SOP.
• Develop digital journey and translate them into process re-engineering and system enhancement opportunities; analyze the feasibility of process optimization from the perspective of customers and frontlines.
• Support ad hoc projects as required.

Requirements:

• Degree holder or above, preferably in Business, Law or Risk Management;•
• 10 years' working experience in product, channel, risk management and advisory in financial sector;
• Prior exposures of document review or process audit preferred;
• Fair understanding of product, process and channel management in consumer banking.
• Sound knowledge of relevant laws and local regulatory requirements to bank, experience in supporting risk management for Southeast Asia market preferred;
• Proficiency in both spoken and written English, Chinese and Mandarin speaking would be an edge; excellent communication and presentation skills
• Solid experience in Risk Control or similar Professional qualification* is preferred.

* with Certified Internal Audit / ECF on Operational Risk Management /Co mpliance /(AML/CFT)/ Fintech/Green and Sustainable Finance, etc. would be an advantage ; Design Thinking; Transformation/ Project/ Change Management; Quality Management etc. Holder of ECF(ORM) and other Professional qualifications is preferred. The Bank provides support on continuing development where required.

*HKIB ECF , CAMS/CGSS or CPA etc.

If you are applying for in-scope position(s) under the Mandatory Reference Checking Scheme (i.e., A role carrying out regulated activities licensed by the IA, SFC & MPFA), you are required to undergo the Mandatory Reference Checking. Our responsible recruiter will inform you the details of the MRC process and the requirements in due course. For details, please click here .