Risk Governance Specialist for SMBC Group
9 hours ago
Job Description
This Senior Vice President role at SMBC Group is a critical position that oversees the establishment of robust risk governance and risk management frameworks in the Hong Kong branch.
Responsibilities
- Establish a comprehensive risk governance framework, including risk-related committees and organization of risk management functions.
- Implement risk management strategies for various risk areas, such as market, liquidity, credit, operational, third-party, and cyber-security risks.
- Develop and maintain risk appetite statements and metrics for the branch in collaboration with business functions.
- Identify potential risks arising from external environmental changes and shifts in the bank's strategy.
- Lead teams to conduct thorough analysis and mitigation planning to address identified risks.
- Conduct ongoing risk reviews and assess new products and businesses, exercising effective challenges to business functions.
- Lead projects and initiatives to enhance risk governance, including non-financial risk management frameworks.
- Report risk profiles, analysis results, and project progress to committees and senior managements.
- Formulate annual and medium-term goals for the risk management function, considering regulatory requirements and self-identified deficiencies.
- Ensure relevant regulatory and audit responses are managed effectively.
- Provide guidance on risk management best practices to branches and subsidiaries of SMBC Group in East Asia.
- Enhance the skill and knowledge base of team members across all risk areas to ensure timely and quality output.
- Oversee departmental operations and duties as required by the branch management or other departments.
- A university degree in business, finance, economics, or a related field.
- Relevant Enhance Competency Framework accreditation is preferred.
- A minimum of 15 years of experience in banking, preferably in securities business.
- Experience leading non-financial risk management teams or firm-wide integrated risk management teams, covering multiple risk areas.
- Demonstrated ability to communicate effectively with regulators, including on-site examination.
- Strong leadership skills to lead risk management teams as a 2nd line of defense department.
- Ability to grasp the structure of a large organization.
- Excellent project management, problem-solving, logical thinking, and presentation skills.
- Good communication and interpersonal skills.
- Familiarity with statistical and/or quantitative analytical methodologies.
- Fluent written and spoken English.
Estimated Salary: $250,000 - $350,000 per annum, depending on experience.
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