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/Compliance/(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.