Job Description

Risk Management department is responsible for developing, maintaining and promoting the Bank's Enterprise Risk Management Framework (ERMF) and activities, and for providing independent second line of defence (2LoD) oversight for Traded Market Risk, IRRBB & FX Risk, Operational Risk and Model Risk management activities as well as the project management activities (i.e. project risk) in the Bank. Market Risk. As an Assistant Vice President - Enterprise Risk, you will be responsible to support the team in developing and implementing a sound ERMF, overseeing framework embedment/execution, supporting enterprise-wide risk committees and maintaining a holistic risk profile of the Bank. This is a full time permanent position.
Key responsibilities

• Participate in developing and maintaining team document suites, e.g. ERMF and Risk Appetite Framework
• Drive the designing and production Enterprise Stress Test Management Framework and Enterprise Emergency Management Framework
• Drive the production of enterprise risk reporting, working with "contributors" from the respective business, 2LoD functions and various specialised risk committees; provide regular update on the Bank's holistic risk profile to the CRO and Risk Management and Internal Control Committee (RMICC) / Board Risk Committee
• Maintain effective engagement with the stakeholders from business and the respective 2LoD functions for effective collaboration as well as sound understanding and effective embedding of ERMF and its principle expectations across the Bank
• Support the committee secretary for New Product Approval Committee (NPAC)
• Participate in project managing and overseeing the annual review of the Bank's Risk Appetite Statement (RAS), working with "contributors" from the respective 2LoD functions
• Design, maintain, deliver enterprise risk training programme and communication in order to raise awareness and support the embedding of robust risk framework, governance and culture

Requirements

• Degree educated in Business Administration, Finance, Economics, IT, Law or related disciplines
• Solid experience gained from working in risk management environment within the Financial Services, Audit or Consulting
• Solid understanding of Basel Accord and ERMF as well as best practices around ERM component such as risk appetite and stress test framework
• Good knowledge of regulatory expectation for a robust risk governance framework
• Experience of working with senior leadership to develop, implement and maintain risk management frameworks
• Strategic thinking and business acumen
• Excellent English and Mandarin communications skills
• Excellent analytical and problem solving skills to identify areas of improvement and to advice on possible recommendations
• Good attention to details
• Ability to work in a fast-paced business environment
• Team player with ability to work independently
• Excellent interpersonal skills with ability to build good relationships and to collaborate with, influence and engage key stakeholders

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.