Operation Risk Management (Assistant Manager)

Salary undisclosed

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Job Description

Governance

Support the activity undertaken by risk owners to ensure that it is aligned with Bank’s overall strategy and within the Bank/parent company’s risk appetite while ensuring adequate consideration and controls of potential risks in activities undertaken by the Bank.
Recommend suitable guidance to ensure effectiveness of operational risk management functions by working closely with relevant departments to provide independent input on business initiative, new product development and rectification of risk issues identified.
Conduct impact/ gap analysis on changes in local and/or international regulations related to operational risk management and coordinate changes in relevant policy, procedure and system.

Operational Risk Management

Implementation of overall effective operational risk management program, which include incident management and data collection, key risk indicator and operational risk self-assessment.
Conduct internal operational risk review and assess the adequacy of internal operational risk control to manage operational risk.
Support the timely preparation and reporting of operational risk to the risk committee and board risk management committee on identified operational risk issues/ findings, and relevant action plans.
Closely follow up and ensure effective closure of identified control deficiency, audit recommendations, regulatory findings and anticipated requirements to continuously improve the operational risk model.
Communicate with the relevant business, technology partners, compliance and other team while conducting detailed review of internal controls and processes that mitigate risk and facilitate compliance with applicable regulatory requirement.
Timely reporting and escalation of operational risk incident/ information to relevant party including parent company or regulator.

Job Requirement