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Operational Risk Management Department - Op Risk Incident Management New Activities Risk Management(IMNARM) AVP/VP
Operational Risk Management Department - Op Risk Incident Management New Activities Risk Management(IMNARM) AVP/VPBank of China USA • New York, NY, US
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Operational Risk Management Department - Op Risk Incident Management New Activities Risk Management(IMNARM) AVP / VP

Operational Risk Management Department - Op Risk Incident Management New Activities Risk Management(IMNARM) AVP / VP

Bank of China USA • New York, NY, US
15 hours ago
Job type
  • Full-time
Job description

Event Management Lead

The incumbent will take the lead in event management for NYB, oversee new activity management, manage product and associate risk management, handle operational risk Key Risk Indicator (KRI) management, and direct the rectification of operational risk issues.

Include but are not limited to :

Operational Risk Identification & Assessment :

  • Comprehensive Risk Source Identification : Systematically identify potential operational risks across the institution's products, services, business processes, systems, personnel, and external events.
  • Risk Assessment : Conduct qualitative and quantitative assessments of identified or potential risks to determine their likelihood, impact and potential loss.
  • Risk Classification : Classify and prioritize risks based on event or activity characteristics and associated assessment results.
  • Enhance New Business Risk Management : Strengthen operational risk control capabilities to address increased risks stemming from the growth of new business.
  • Assist in additional IMNARM program activities : Participate in projects to strengthen team development and coverage.

Risk Control & Mitigation :

  • Develop Risk Control Measures : Formulate appropriate risk control measures based on risk assessment results, such as optimizing business processes, enhancing system monitoring, and improving employee training.
  • Implement Risk Mitigation Measures : Actively implement measures to mitigate risks, reducing the probability of occurrence and the severity of losses.
  • Continuous Risk Monitoring : Regularly evaluate and challenge the effectiveness of risk control measures and adjust them as needed.
  • Key Risk Indicator (KRI) and Key Performance Indicator (KPI) Monitoring : Monitor all operational risk-related KRIs and KPIs, promptly investigating any breaches of limits or alert thresholds.
  • Regulatory Compliance :

  • Adhere to Regulatory Requirements : Ensure the institution's operational risk management and new business development comply with regulatory requirements. Keep abreast of key regulatory guidance and requirements impacting
  • Facilitate Regulatory Inspections : Actively cooperate with regulatory inspections and promptly rectify any identified issues
  • Qualifications :

  • Bachelor's degree is required for this position.
  • A minimum of 6 years of experience in the Banking industry and risk management is required for VP level; A minimum of 4 years of experience in the Banking industry and risk management is required for AVP level.
  • Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices.
  • Proficiency in Microsoft Excel, PowerPoint, and other reporting tools; experience with GRC tool is a plus.
  • Proficiency in Mandarin is a plus.
  • Pay Range :

    Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

    USD $65,000.00 - USD $230,000.00 / Yr.

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    Risk Management • New York, NY, US

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