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    Operational Risk Governance Associate - New York, United States - Bank of China USA

    Bank of China USA
    Bank of China USA New York, United States

    5 days ago

    Default job background
    Banking / Loans
    Description

    The position is responsible for performing the Operational Risk (OR) Framework

    management. The purpose of this job specifically includes managing the OR framework, policy and

    procedure, while also analyzing and consolidating operational risk data from teams and generating

    Branch-wide operational risk management reports to the Head Office.

    Job Responsibilities

    Include but are not limited to:

    Risk aggregation and Reporting

    • Collect operational risk related data from departments
    • Q&A the data input and follow up with the departments if necessary
    • Consolidate the data and complete risk aggregation and reporting to all executive committees
    • Analyze the data input from teams and departments and consolidate the inputs to generate reports
    • Work with different departments to prepare
    • Operational Risk Related ERM report and ORM report
    • Head Office reporting

    Governance

    • Administrator of the Operational Risk Committee (ORC)
    • Manage and maintain all ORD policies and procedures
    • Facilitate meetings with regulators and provide materials requested by regulators
    • Facilitate audit meetings and affairs

    Management

    • Execute and ensure adherence to all policies and procedures impacting Operational Risk Management
    • Ensure adherence to Branch policies and procedures
    • Support with the execution of department strategic objectives

    Job Requirements

    • Bachelor's degree is required for this position
    • A minimum of 2 year of experience in the Banking industry and risk management
    • Knowledge of operational or enterprise risk management concepts, framework, methods, and
    • good governance practices
    • Bilingual abilities in both English and Chinese is required

    The salary range for the Associate position is $42,000-$90,000. Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications.

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