Assistant Vice President, Operations Risk & Control

Mandatory Reference Checking Scheme (“MRC”) for Hong Kong

The Mandatory Reference Checking Scheme is a framework to facilitate Authorized Institutions (“AIs”) to bilaterally obtain reference information during their recruitment process for certain positions, such that misconduct information in an individual’s previous employments can be provided to AIs to inform their employment decisions.

For information related to MRC Scheme, “Frequently Asked Questions for In Scope Individuals” is published by HKAB/Industry Guidelines (https://www.hkab.org.hk/en/home) or further information will be available upon request, if it is applicable to the position(s) applied.

Country of Location:

China Hong Kong

Job Responsibilities:

• Review business and operational processes to ensure proper implementation of corrective actions to address control deficiencies

• Identify, assess, and offer insights on control needs for risks mitigation to help improving operational risks. Conduct Quality Assurance testing of relevant controls when required

• Ensure OPG owned policies, guidelines, procedures and practices are in place to address key Operational risks and that are aligned with the Bank’s statutory and regulatory requirements

• Rectify audit findings properly. Undertake consistent liaison and collaboration with internal audit, external audit, ORM, compliance and etc.

• Review Risk and Control Self-Assessment (“RCSA”) periodically , with mitigation actions properly implemented

• Regularly review the effectiveness of OPG KRIs and propose changes and monitor OPG KRIs reported

• Conduct regular trainings to OPG colleagues to raise risk awareness and control measures and promote risk awareness culture within the Group

• Support Bank-wide key strategic compliance and operational risk initiatives

• Support risk management reporting, e.g. dashboards

• Liaise and coordinate with other control functions on operational risk and control activities

Requirements:

• Degree holder in Business Administration or related discipline
• Minimum 5 years of experience in in banking industry, preferably with experience in operations and operational risk management
• Holder of Associate Operational Risk Management Professional (AORP) under the HKMA ECF on ORM is preferred
• Good knowledge of a variety of banking products and operational risk management framework, best practices in quality and presentation
• High awareness of both quality and risk, especially compliance-related risk and security issues
• Good presentation, communication and interpersonal skills.
• Good command of written and spoken English and Chinese (including Putonghua)
• Candidates with less experience will be considered as Senior Manager