Director, Operational Risk Management, GCIB

  • Competitive
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Morgan McKinley Hong Kong
  • 16 Jul 18 2018-07-16

Director, Operational Risk Management, GCIB

Position Description

This position in Global Banking Operational Risk will be focused on APAC and will be part of a global team charged with providing independent risk oversight of the Global Corporate and Investment Banking (GCIB), Global Leasing and Wholesale Credit (WC) businesses. It will report to the Global Banking Operational Risk Executive and regionally to the APAC Regional Head of Operational Risk. Key responsibilities include, but are not limited to:

* Conducting Operational Risk Monitoring, Assessments and Testing activities in accordance with the Global Banking Coverage Plan and the GBAM APAC Coverage Plan.

* Executing monthly monitoring of operational risk indicative data (audit issues, internal and external op losses, key risk indicators, etc) to ensure adequacy of control environment or raise challenges / risk identified audit issues. Linking global teams and regional teams to deliver end-to-end coverage.

* Assessing the effectiveness of the operational risk program across our GCIB, Leasing and WC businesses in APAC. Act as an ambassador of the risk culture, by challenging, advising and partnering closely with the Businesses, Risk, Compliance and Support functions to actively manage day to day operational risk and support strategic efforts.

* Reviewing internal and external operational events, working with appropriate parties to determine root causes and monitoring mitigating activities to ensure appropriate actions are taken; Reviewing and approving new businesses/products; Assisting senior leaders in strategic initiatives; Scenario analyses; Monitoring adherence to operational risk standards and policies; Reporting.

* Communicating risk positions crisply and candidly with senior leadership across the organization. Conduct operational risk training to business and support partners as needed.

* QA Program: The position will have operational risk coverage responsibilities for 30+ High Risk Processes applicable to APAC, which includes reviewing and challenging processes, risks and controls (PRC), QA metrics and self-assessments of the business and support functions; evaluating the effectiveness of governance processes, tolerance levels, triggers, mitigation actions and policies and procedures; participating in business, risk and control committees/forums.

Key Requirements

* 10 to 15 years of Corporate and Investment Banking / Credit Products front line or second line experience and working knowledge of Operational Risk/Risk Management/Audit/Credit Review.

* Leadership, initiative and resourcefulness

* Strong internal drive and ability to take ownership for managing risk for multiple product lines

* Partnering skills & team player, ability to collaborate across regional, global teams and front-to-back functions

* Understanding of risk management methodology and knowledge of regional regulatory requirements and latest development. Awareness of industry trends and best practice.

* Ability to develop independent point of view and challenge

* Ability to efficiently manage multiple priorities and deliverables and have the ability to effectively manage conflict

* Ability to effectively influence senior leadership

* Willingness to take a stand and effectively debate with business partners

* Ability to make sound risk/reward decisions and consciously balance data, logic and intuition

* Excellent written, verbal and presentation skills & strong communicator