Manager/ AVP/ VP – Risk and Control Management (Operations Management)

CMB Wing Lung Bank Limited is a Licensed Bank registered in Hong Kong, which is formerly known as Wing Lung Bank. Founded on 25th February 1933, CMB Wing Lung Bank is among the oldest local Chinese banks in Hong Kong. In 2008, CMB Wing Lung Bank was acquired by China Merchants Bank (CMB). In 2009, the Bank has become a wholly-owned subsidiary of CMB. In 2018, the Bank has renamed as CMB Wing Lung Bank.

CMB Wing Lung Bank and its subsidiaries hold multi licenses in banking, insurance, securities, trust and asset management sectors. Serving customers with whole-hearted, the Bank provides comprehensive banking products and services including retail banking, corporate banking and financial markets, etc. Among them, private banking, syndicated loans, bond issuance, financial markets, asset custody and asset management are influential and competitive in the market. At present, the Bank has over 30 branches and business outlets located in mainland China, Hong Kong, Macau and overseas, etc regions. The Bank has nearly 2,000 employees.

Following the motto of “Progress with prudence, service with sincerity”, the Bank embraces “Serving with Heart, Quest for efficiency, Caring for sincerity” service value into the daily operation. The Bank strives to build a first-class, innovative and cutting-edge commercial bank in Hong Kong and provides an integrated local and cross-border financial and banking services for customers.

RESPONSIBILITIES

1. Operational Process Risk Management Framework

• Develop/maintain an operational process risk management prototype in the department to monitor all key risk areas along the operational process from pre-transaction status to transaction processing stage and pro-transaction monitoring phases.
• Promote risk-based management culture and provide training to staff, share good practices and perform case study to improve staff risk awareness mindset.

2. Risk Assessments and Measurements

• Identify and assess different risk factors in the operational processes, including but not limited to operational risk, AML and general compliance risk, fraud risk, business continuity risk and reputational risk. Define the principles, control measures, and inspection models for different risk factors and areas.

3. Process re-engineering with risk management concept embedded

• Identify process loopholes and suggest improvement plan to allow sufficient management oversight towards all critical operations. Design and develop risk control nodes embedded into operational process with the consideration of operational sustainability and resilience to ensure the bank always comply with rules and regulations.
• Design and deploy solutions with Fintech/Regtech tools, which can effectively manage risk factors in various operational process, continuously improve the intelligence level of operational process risk management

4. Continuous Risk Monitoring

• Formulate and continuously improve the inspection guidelines of operational processes and the monitoring standards of operation quality. Build post-supervision inspection models and optimizing inspection methods.
• Develop/maintain a continuous risk monitoring model (such as set of indicators) facilitating management to oversight risk factors and provide insight for improvements.
• Establish a closed-loop risk management mechanism from operational problem identification to rectification

REQUIREMENTS

• Bachelor or Master’s degree in Fintech, Financial Engineering, Economics, Mathematics, Computer Science, Statistics, Data Science or related disciplines.
• Minimum 5 years in banking especially in the field related to operations, project management, risk management and control functions. For less experienced candidate, he or she will be considered as Manager.
• In-depth knowledge of Financial Markets product including Payments, Settlements, Account Opening, KYC/CDD, Trade Finance, Financial Markets, and Wealth Management Products would be preferred.
• Experience in using FinTech/Regtech would be preferred including the use of OCR/RPA/AI/Machine Learning, etc.
• Strong analytical and change mindset, and proficient in data analysis.
• Good presentation and communication skills is preferred.
• Able to work independently and proactively.
• Good command of spoken and written English and Mandarin.