Vice President/ Assistant Vice President, Operational Risk

2 months ago


Hong Kong, Hong Kong SAR China DBS Bank (Hong Kong) Limited Full time
Business Function
Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In T&O, we manage the majority of the Bank's operational processes and inspire to delight our business partners through our multiple banking delivery channels.

Main responsibilities of the position include:
  • Deep dive review of risk events, incidents trend and/or significant incidents in corporate banking or treasury operations
  • Assist in the coordination of the unit's operational risk forum and materials preparation for risk committees
  • Timely communication and implementation of corporate operational risk policies, standards and guides within the unit
  • Timely coordination and completion of the unit's RCSA programme and to enhance the risk identification and assessment process
  • Liaise line managers with internal/ external auditors/ regulators for the audit work and follow up actions.
  • Oversee the follow up and track on risk / audit issues and actions
  • Collaborate with the Operations unit to complete regulatory submission as well as other internal tasks related to operational risk management such as annual risk approval
  • Prepare and participate in risk reporting in compliance with appropriate standards for the various location/regional level risk committees/forums.
  • Participate and/ or coordinate with the Operations units to implement the unit's related compliance review/ regulatory assessment as well as local & regional risk initiatives
  • Lead various risk assessment and thematic review from risk management perspective to identify potential enhancement for operational control
  • Promote risk culture awareness, including ensuring risk and control training plans are established and conducted within the unit
  • Drive data analytics and dashboard to monitor and mitigate risk and control
  • Share of operational risk best practices
Key Accountabilities:
To assist the Head of Strategic Planning, MIS and Risk & Control to drive towards achieving operational risk related score card (KPI) items of IBGO & GFMO to maintain and instill a robust risk and control environment and risk awareness culture across IBGO & GFMO
  • Timely completion of RCSA programme within the unit
  • Track and comply with risk & control awareness communication and training plans of the unit
  • Review and timely management of operational risk incidents
  • Presenting the materials for management attention in the unit's operational risk forum and other relevant committees
  • Proper reporting and monitoring the trend of the unit's KRIs
  • Ensure proper follow up and tracking of risk/ audit issues and actions
  • Ensure implementation of operational risk policies, standards and guides within the unit
  • Ensure proper completion of regulatory submission and regulatory assessment

Relevant Experience:

Minimum of 10 years' relevant experience in banking, preferably in commercial banking operations control function and/or exposure in risk management, compliance, business risk & control, audit and/ or operations will be considered (candidates with less experience would be considered for the Assistant Vice President position)
Functional / Technical Competencies
  • Sound knowledge of internal controls, HK regulatory requirements, operational risk & resilience for banking operations.
  • Experienced in Commercial / Institutional banking sector with related in-depth product knowledge.
  • Good problem-solving and root cause analysis skills.
  • Strong persuasive power in putting ideas across and ability to communicate with people of different levels, with good writing and presentation skill.
  • Self-motivated with strong analytical mind and creative thinking.
  • Able to manage projects and tasks independently and effectively within tight deadlines.
  • Good inter-personal and communication skills, and stakeholder management.
  • Fluent speaking in Cantonese and English, preferably able to speak Mandarin.
Education and Professional Qualification
  • University Graduate or above in Accounting, Finance, Banking or Business-related
  • Holder of relevant certification such as Certified Operational Risk Management Professional (CORP) is preferred
Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

We regret only shortlisted candidates will be notified.

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