Assistant Vice President

3 weeks ago

London, United Kingdom Parkinson's UK Full time

Assistant Vice President - Operational Risk
Risk Management department is responsible for developing, maintaining and promoting the Bank’s Enterprise Risk Management Framework (ERMF) and activities, and for providing independent second line of defence (2LoD) oversight for Traded Market Risk, IRRBB & FX Risk, Operational Risk and Model Risk management activities as well as the project management activities (i.e. project risk) in the Bank. As an Assistant Vice President - Operational Risk, you will be working in the Operational Risk Management (ORM) Team within the second line of defence (2LOD) that maintains ORM document suite and provides independent advisory and oversight on the first line of defence (1LoD) operational risk management activities. This is a 12 months fixed term contract position.
Maintain ORM framework, policies and standards to ensure they are effective, up-to-date and in line with industry practices and regulatory expectations
Independently oversee the 1LoD execution of Operational Risk Management Programme such as RCSA, KI, Operational Risk Event, External Events, Scenario Analysis and Control Management, and provide independent advisory as appropriate
Develop and maintain a holistic and independent view of the operational risk profile and the internal control environment of the Bank and of individual departments. Cultivate sound operational risk management awareness, practices and culture in the Bank by encouraging trust, collaboration, transparency and by providing 2LoD operational risk advisory and training
Lead or assist in independent data, issue and trend analysis or thematic reviews and the production of Operational Risk Management Information (MI) or committee deck for the Operational Risk Committee, reporting to Head Office
Develop and maintain a good understanding of the sound industry practices and regulatory expectation such as Basel, EBA and FCA in order to provide adequate 2LoD advisory and oversight, and keep Management abreast of latest development and emerging trends
Support the Head of Department in any other projects or tasks as required
Solid operational risk management experience gained in Financial Services, Auditor or Consultancy
Solid knowledge of financial services product, services, process and risk management principles
Deep understanding of operational risk methodologies, sound risk management principles, tools, regulatory requirements and common industry practice
Ability to handle multiple projects and priorities concurrently and manage expectations accordingly
Proficiency in Microsoft Office (Word, Excel, PowerPoint and Access)
Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.
regular pan-bank stay connected sessions to keep in touch with what is going on across the bank and build your network 
developing our People Managers to help coach and guide you towards success, through our 9-month People Manager Development Programme
encouraging a “growth” personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week 
embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to “future-proof” your career 
promoting cross cultural intelligence and to seek out diverse and inclusive perspectives on challenges faced and their solutions 
We provide an attractive and comprehensive benefits package, offering flexibility that can enable you to select the benefits that suits your needs, including: 
Assistant Vice President, Financial Crime and Compliance
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I started as a Junior Associate and had the opportunities to gain invaluable working experience in two different departments. I am happily working here, as an Assistant Vice President in the Financial Crime and Compliance department. I believe I will continue to grow here, not only in my career development but also in my personalwellbeing.
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I joined Bank of China as a university graduate and I believe I have found the best place for me. There are ample opportunities to grow with the Bank and it all depends on how much one would like to develop themselves.
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