Manager/ Senior Manager,BCM & Operational Risk

Job Description :

• Oversees the planning, development, implementation and review of the operational risk management Business Continuity Management (BCM), and Third-Party Service Provider (TPSP) risk policies, framework and procedures on timely manner to ensure the Bank is in compliance with the relevant risk management guidelines and requirements set by the regulators.
• Keep abreast of the developments in operational risk business continuity, and third-party risk management landscape, update and recommend mitigation measures to the management in managing the emerging operational risks.
• Formulate, review, update and facilitate implementation of the operational risk assessment methodologies (ie. RCSA) and TPSP due diligence/risk assessment tools aligned with the size, business nature and risk profile of the Bank, and also take into consideration of the current and emerging operational risks faced by the Bank.
• Oversea and advise on end-to-end TPSP Risk Management lifecycle, including pre-engagement, Onboarding risk assessment, Ongoing monitoring and Offboarding review.
• Measure and monitor the Bank's operational risk exposures with appropriate tools and technique including establishing and tracking Key Risk Indicators (KRIs) and operational risk appetite limits, ensuring risk exposures are monitored diligently on a timely basis.
• Oversee operational loss data collection and management, perform root-cause analysis on operational loss events and near-misses, and monitor the implementation and closure of Corrective Action Plans
• Take charge of bank-wide Business Continuity Planning (BCP) and Coordination ; ie. formulation and review of BCP Policy, Procedure and Manuals (PPM), facilitating bank-wide review of Business Impact Analysis BIA and Risk Assessment (RA), coordinating the annual BCP test and call-tree tests, and assuming the secretariat role for the Business Continuity Management Committee.
• Oversees the coordination, compilation and preparation of the periodic reports (i.e. operational risk reports, independent assessment reports etc) to ensure the management and Board are well informed of the Bank's overall operational risk profile for effective oversight and decision making.
• Take charge of operational risk reporting to ORR system which include regular reporting and ad hoc reporting (ie. incident reporting).
• Providing advisory services to other departments on operational risk management enhancement, internal control, environment and processes, operational risk incident handlingand TPSP engagement evaluation.
• Perform independent risk assessment on new products proposals and new TPSP arrangements.
• Undertake any ad-hoc tasks as and when required by Head of Department and/or the Senior Management.

Job Requirements

• At least a Bachelor degree in finance, banking, accounting or equivalent from a reputable university. Possesses with professional certification with AICB on risk management will be an added advantage.
• Minimum 6 years experience in operational risk management / surveillance or business continuity management of banking / financial institutions.
• Familiarity with relevant rules and regulations in banking/ financial institutions.
• Strong business acumen and analytical skills.
• Capability in working independently and performing multiple tasks within tight deadline.
• Good communication skills in English and/or Mandarin to effectively communicate with Mandarin-speaking clients (both verbal and written).