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Associate - Risk Governance

This incumbent will be responsible for maintaining, updating and implementing enterprise-level risk governance policies and procedures based on relevant regulatory requirements; preparing and maintaining the agenda, reporting materials and meeting minutes for US Risk and Management Committee (“USRMC”); supporting the functioning of BOCNY Risk Management and Internal Control Committee (“RMICC”) and US Risk Management Coordination Committee (“RMCC”); assisting Chief Risk Officer (“CRO”) in promoting risk culture; preparing and consolidating risk management reports as required by head office or regulators.

Job Duties
Include but not limited to:
Committee Secretary
  • Maintain and update the charter and the related documentation of the US RMCC and BOCNY RMICC
  • Provide support to the USRMC meetings
  • Coordinate the quarterly RMCC and RMICC meetings, including setting up agenda, coordinating the meeting materials, recording the voting results and generating meeting minutes
  • Coordinate with relevant departments in BOCNY and head office for the above-mentioned Committee meetings
Maintenance of Enterprise-level Risk Management Policies and Procedures
  • Enhance and maintain combined US operations (“CUSO”) risk management framework and governance structure according to relevant regulations
  • Support Bank of China US CRO to fulfill his risk oversight responsibilities over CUSO
  • Support the USRMC in its implementation, review and approval of the CUSO risk management framework and risk reporting matters
  • Enhance and maintain KRI Procedure and KRI Inventory
  • Maintain KRI breach reporting tracking sheet and breach memos
CRO Support
  • Prepare relevant materials and support the CRO to fulfill his responsibilities, e.g. annual CRO work summary
  • Produce accurate, concise and timely reports
  • Support the CRO in planning activities to promote risk culture, including organizing town halls, offsite, survey, etc.
Team Administration
  • Conduct operational risk management activities for the department, such as Business Continuity Plan
  • Perform time-keeping for team members and process team training paperwork
  • Produce budget estimates and monitor the spending for all teams in the department and escalate timely
Job Requirements
  • Bachelor’s degree required. Master’s degree is a plus but not required.
  • 1-3 years of related experience in project management and business analysis within banking, preferably with experience in risk management
  • Ability to work independently, and build strong and productive working relationships
  • FRM, CFA, CBAP, or PMP certification is a plus
  • Bilingual proficiency in English and Mandarin Chinese (both speaking and writing) required