Senior Manager/Manager, Operational Risk Management | HK Talent Engage

Job description

Job Highlights

• Tencent Virtual Bank
• Competitive Salary and Benefits
• Great career exposure and advancement

Job Description

Fusion Bank Limited (“Fusion Bank”) is a licensed virtual bank in Hong Kong and a joint venture between Tencent Holdings Limited, Industrial and Commercial Bank of China (Asia) Limited, Hong Kong Exchanges and Clearing Limited, Hillhouse Capital and renowned Hong Kong entrepreneur Mr. Adrian Cheng (invested via investment entity – Perfect Ridge Limited), each bringing unique expertise, experience and insight to the partnership.

Objectives: Assist the Head of Operational Risk Management (“ORM”) to establish and maintain ORM related Policies & Procedures, and oversee the Bank to effectively implement these policies and procedures in managing operational risks in accordance with the risk appetite.

Responsibilities:

• Report directly to Head of ORM to ensure the implementation, development / maintenance, review and approval of ORM related Policies and Procedures are timely and properly.
• Work closely with different lines of defense to ensure applicable regulatory and internal requirements on ORM are fulfilled.
• Identify, analyze and monitor operational risk events / issues, and prepare escalations (e.g. for high-risk events / issues) and review matters requiring approval for Director, Head of ORM to review and to formally report to senior management of the Bank.
• Assist in driving the Key Control Self-Assessment (“KCSA”) exercise and developing Key Risk Indicators (“KRI”) of the Bank.
• Review and propose updates on the Risk Appetite on ORM.
• Ensure operational risks are within the approved risk appetite through.
• Review of controls design of new products / services / procedures.
• Review of the root-cause analysis and rectification plan of material operational risk events / issues.
• Tracking of timely implementation of rectification plan.
• Prepare training materials for continuously cascading ORM requirements as stipulated in the ORM related Policies & Procedures in order to promote effective risk management culture.
• Manage the planning & execution of the bank-wide Business Impact Analyses and Business Continuity Plans.

Requirements

• Bachelor’s degree or above in Accounting, Finance, Business Administration or Risk Management.
• At least 7 years of risk management experience in Fintech, Retail or Private Banking & Wealth Management.
• Good knowledge in HK Regulatory Requirements for Banks, in particular to the HKMA and SFC regulatory standards.
• Highly analytical and ability to proactively lead changes.
• Be able to communicate effectively in English and Chinese, proficiency in Mandarin will be an added advantage.
• Candidates with less experience may be considered as Manager grade.

To apply, please submit your CV with information on your 1) expected salary and 2) availability via the "Apply Now" button. Applicants who are not contacted within one month may consider their applications for the specified position unsuccessful.
All information provided by applicants will be used only for recruitment purposes and will be used strictly in accordance with the Bank's personal data policies, a copy of which may be obtained by the applicant upon request. Unless otherwise instructed in writing by the applicant concerned, applicants may be considered for other suitable positions within the Bank. The personal data of unsuccessful job applicants may be retained for a maximum of two years from the date when the job application is rejected and such data may be retained for a longer period if there is a subsisting reason that obliges the Bank to do so, after which the personal data will be destroyed.