Risk Control Officer

THE COMPANY: Our client is a leading international bank based in the City. They are looking to hire a Risk and Control Officer on 12 month FTC basis. THE RESPONSIBILITIES: Following work plan to well arrangement of Enterprise Risk related routine operations and reports. Assist Deputy Head / Head of department to lead HO ERM assessment and report. Assist departments to identify and manage operational risk in their respective activities, escalating to Senior Management for risk-acceptance when required. Develop and maintain effective operational risk management policies and standards. Maintain the operational risk incident management and reporting framework, including operational risk root cause investigation, identification, assessment and countermeasures, and promotion of the risk-acceptance process. Enhance and update key operational risk indicators and controls in line with the growth and development of the Business. Maintain and archive operational risk management documentation, including policies, procedures, action trackers, risk registers, KRIs, etc. Regulatory Reports for Liquidity and Interest Rate Risk. Liquidity risk monitoring and periodic / ad hoc reporting to ALCO, Risk & Compliance Committees, the Parent Bank (liquidity returns G21-25), covering both the Subsidiary and Branch as required. Monitor the Bank's liquidity position and buffers on a daily basis (LCR, NSFR, currency limits, contractual mismatch, etc), conduct daily forecasting, identify and assess the liquidity impact of maturing assets, new liabilities and off-balance sheet items, and recommend strategies for maintaining compliance with internal and regulatory limits while optimizing scarce liquidity resources. Propose liquidity risk appetites and limits and develop and maintain effective policies for liquidity risk, including policy updates on at least an annual basis and recommendations regarding the optimal structure from an ALM perspective. Policies include but are not limited to: Liquidity Risk Management Policy, Liquidity Risk Stress Testing Policy, etc. Undertake periodic stress testing and review the relevance and appropriateness of stress testing scenarios and parameters. Proactively identify and escalate emerging liquidity risk issues as they arise. Assist departments to identify and manage liquidity risk in their respective activities, escalating to Senior Management, RCC or Head Office for risk-acceptance when required. Identify and assess liquidity and operational risk arising from new product and service development, in line with New Product Risk Validation Policy. Promote and build a culture of liquidity risk awareness by providing regular training, developing strong, open and collaborative relationships with key stakeholders, and by keeping up-to-date with current liquidity risk management and industry best practice. Participate in annual update of ILAAP. Participate in Pillar 3 Disclosure and Recovery Plan updates. Participate in ICAAP annual updates. EXPERIENCE REQUIRED: Must be able to work 4 days a week in London Good knowledge of and working experience in operational risk management and enterprise risk management (ERM) (at least 5 years experience, with FRM/CFA certificate is preferable), including the ability to demonstrate and articulate risk skills and methodologies. Awareness of industry trends and best practices in risk management (particularly operational risk management but with a broad understanding of other ERM categories). Strong written and verbal communication skills in both English & Chinese language. Tact, discretion, good judgement and commonsense in dealing with sensitive and / or confidential situations. Sound understanding of the relevant regulatory regimes and requirements governing the control and management of risk. Ability to deliver accurate and comprehensive risk reports, and to propose constructive, forward-looking and proportionate solutions and suggestions. For further information please contact Marcus Courtney