Head of Operational Risk Management - Private Banking

3 days left

Recruiter
Morgan McKinley Hong Kong
Location
Hong Kong
Salary
HKD1000000 - HKD1400000 per annum + bonus
Posted
15 Aug 2017
Closes
21 Aug 2017
Contract Type
Permanent
Hours
Full-time

Our client is a leading International Private Bank with a strong presence in APAC region.

Responsibilities:

  • Oversee and support the implementation of the bank's operational risk framework in HK and Greater China
  • Understand the business strategy, products, risks and controls for the businesses supported, with a clear understanding of the front-to-back processes
  • Regular exchange with senior Private Bankers to discuss, monitor, identify and mitigate operational risks
  • Oversee that operational incidents are timely reported, escalated and investigated
  • Participate in governance committees to ensure relevant operational risk issues are timely escalated and appropriately mitigated
  • Support the Private Banking business in conducting Risk & Control Self-Assessment (RCSA); independently review and challenge the assessment results
  • Lead/participate in major operational risk remediation projects
  • Assist in reviewing new business initiatives
  • Regularly review operational risk metrics/key risk indicators and oversee that appropriate corrective measures are being taken to address any limit breaches
  • Perform ad hoc targeted deep dive reviews and facilitate in formulating appropriate corrective action plans to address any control gaps



The Successful Candidate:

  • University degree in finance or relevant discipline
  • At least 10 years of relevant working experience with a minimum of 6 years relevant experience in a Private Banking/Wealth Management risk, control or audit related function, preferably in the APAC region
  • Ability to think strategically, demonstrate decisiveness and sound judgment on a consistent basis
  • Strong communication, interpersonal and relationship management skills
  • Ideally with a track record in managing/coaching a small team
  • Strong ability to cope with pressure and a high level of flexibility
  • High motivation and hands-on attitude
  • Very good command of English (spoken and written)

For confidential inquiry, please contact Rouella Landicho on 3907 3912 or email: rlandicho@morganmckinley.com.hk