Operational Risk Manager - Virtual Banking Operational Risk Manager - Virtual Banking …

Standard Chartered Bank
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Last application, 04 Jun 20
Standard Chartered Bank
in Hong Kong, Hong Kong, Hong Kong
Permanent, Full time
Last application, 04 Jun 20
Operational Risk Manager - Virtual Banking
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

As one of the biggest banks in market, we are rapidly expanding by growing a new virtual banking business in Hong Kong. We see ourselves as a fast growing start-up company where you will enjoy autonomy and teamwork at the same time, solving new and exciting problems in a nimble and agile way. Join us and be part of history making for future banking experience!

A great opportunity to join a collegial team of professionals building a new banking model focused on financial inclusion and creating a digital ecosystem. As a senior operational risk officer, you will be instrumental in the design and implementation of a cutting-edge strategy for monitoring and managing operational risk for a new virtual bank.

The Role Responsibilities
  • Assist Head of Risk to design and implement an operational risk framework (ORF) tailor to a virtual bank.

  • Be the reference for facilitating and promoting the understanding of operational risk requirements.

  • Lead and support the implementation of operational risk initiatives.

  • Help design and implement control measures and monitoring plans for compliance and operational risk management.

  • Ensure risks and issues identified are resolved in an appropriate and timely manner.

  • Continuously improve the operational efficiency and effectiveness of operational risk processes.

  • Lead and drive standardisation and automation through re-engineering and process improvement.

  • Drive the implementation of the ORF and support the compliance by product lines and other stakeholders.

  • Cooperate with legal, compliance and other risk owners to ensure compliance with Standard Chartered policies and regulatory requirements.

  • Investigate complaints and operational/risk incidents and coordinate with relevant parties to perform root cause analysis and risk assessments.

  • Devise/implement effective preventive measures.

  • Record and maintain operational risks/incidents

  • Ensure risks, issues and control enhancement are identified, assessed and resolved in a and timely manner.

  • Implement control processes, sampling and testing to ensure compliance with the Group control standards as well as facilitating the monitoring/collection of any key control or risk indicators.

  • Record the result of control testing, report exceptions, perform residual risk assessments and ensure identified control deficiencies are mitigated with preventive measures.

Our Ideal Candidate
  • Strong communication and writing skills

  • Ability to explain theoretical concepts to team members with varying backgrounds.

  • Good knowledge of technical risk, retail banking products with a particular focus on digital.

  • Understanding of industry trends and developments as well as their impact on the business.

  • Appetite for continuously improving and streamlining processes and the way we work.

Apply now to join the Bank for those with big career ambitions.