Vice President, Operational Risk Management, Investment Banking

Vice President, Operational Risk Management, Investment BankingMorgan McKinley

Job Description

The Hong Kong team is looking for a VP to join their Risk Management department. Reporting to the APAC Chief Risk Officer, you will be providing oversight and challenging the first line of defence on material risks and providing a credible second line of defence challenges to business senior management, business teams, and policy standard owners on the effective management of operational risks.

Requirements

• Implement, monitor, and simplify key risk management frameworks and policies
• Ensure that the first line of defence teams are aware and enabled to execute the relevant components of the operational risk framework
• Provide expert advice to the business on operational risk management, including providing senior executives with relevant MI and reports and escalating concerns where appropriate.
• Provide an effective contribution to relevant boards and committees in line with the terms of reference and applicable legal and regulatory requirements
• Ensure risk practices and behaviours are consistent with the bank’s target risk culture.
• Identify and manage conduct risk to deliver key customer outcomes

Key requirements

• Experience of operational risk methodologies, including regulations, capital adequacy requirements, framework design, and deployment and oversight challenge
• A strong understanding of operational risks relevant to key business activities undertaken within a financial services organisation
• A proven track record of the practical application of controls to manage risk at a senior level within a complex financial services organisation
• Knowledge of the regulatory environment relevant to large complex financial services organisations
• An understanding of market conditions and how they could impact operational risks and practices
• The ability to influence stakeholders and manage conflict

Only shortlisted candidates will be responded to. Therefore, if you do not receive a response within 14 days, please accept this as a notification that you have not been shortlisted.Average Salary: HK$ Negotiable