Job Description

Financial Institutions department manages and develops long term, mutually beneficial relationships between the Bank and Financial Institutions clients across the world. The sector includes banks and non-financial institutions such as asset managers and insurance companies as well as clearing houses, exchanges and central banks. As an Assistant Vice President Business Risk (1.5 LoD) - Mandarin Speaking, you will be responsible to support the business development strategy of Financial Institutions (FI) and assist with the management of the associated risks within Financial Institutions business line. You will lead the enhancement of first line of defence (1LoD) business risk management and internal control. This is a full time permanent position.
Key responsibilities

• Monitor and evaluate FI client portfolio, market trends, regulatory updates, and internal policy changes to provide thorough analysis for business decision making process
• Support to develop and maintain a comprehensive governance framework
• Develop an understanding of both Head Office and local requirements, update and improve the departments business procedures, oversee the business execution, identify and document controls in the business that meet the Banks and regulatory requirements
• Act as the key point of contact on the credit risk, market risk and liquidity risk matters or initiative in FI business area, maintain effective end-to-end engagement with second line of defence (2LoD) and Head Office to report FI risk control environment and improvement in accordance with all relevant requirements
• Participate and coordinate with working groups and project teams as required (e.g. RWA, EC, ICAAP and ILAAP)
• Design and implement FI business line measures and procedures as required

Requirements

• Degree educated in Finance, Economics, Business, Accounting or other equivalent
• Demonstrated Risk Management experience gained in Financial Services industry, Consultancy or Audit, preferably in Financial Institutions business area
• Excellent understanding of financial products, services, process and risk management process
• Solid experience from Commercial Banking or Capital Markets background
• Solid understanding of different types of risks in FI business area, both financial and non-financial
• Good Wholesale Banking product knowledge, especially for FI
• Solid knowledge on regulatory, legislative requirements for FI business
• Excellent English and Mandarin communication skills
• Team player
• Attention to detail
• Highly organised with ability to multi-task and prioritise
• Excellent analytical and problem solving skills
• Proficient in MS Office Suite (Word, Excel, PowerPoint)

Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally. '