About the role
AI summarisedThis is a VP-level Operational Risk Management specialist role within the Institutional Banking Group of a corporate bank. The role involves identifying, assessing, and mitigating operational risks across corporate banking activities, ensuring compliance with regulatory standards such as Basel and SOX, and enhancing risk frameworks.
BusinessFull-timeGeneral
Key Responsibilities
- Develop and maintain operational risk management framework for Corporate Banking within Institutional Banking Group.
- Identify, assess, and monitor operational risks across business units and functions.
- Conduct risk and control self-assessments (RCSA) and ensure timely remediation of identified gaps.
- Review and challenge new products, processes, and system changes from an operational risk perspective.
- Prepare and present operational risk reports to senior management and relevant committees.
- Coordinate with business units to ensure operational risk incidents are properly investigated and reported.
- Drive risk culture and awareness through training and communication initiatives.
- Support regulatory examinations and audits related to operational risk management.
Requirements
- Minimum 10 years of experience in operational risk management within banking or financial services.
- Strong knowledge of operational risk frameworks, Basel regulations, and SOX requirements.
- Experience in corporate banking or institutional banking products and processes.
- Excellent analytical and problem-solving skills with attention to detail.
- Strong communication and stakeholder management skills.
- Ability to work independently and manage multiple priorities.
- Bachelor's degree in Finance, Business, Economics, Accounting, or related field.
- Professional certifications such as FRM or PRM preferred.
- Proficiency in risk management systems and data analysis tools.
- Experience in leading risk assessments and control testing.