Business Risk AVP

Ref: 31617

Leading International Bank seeking a Business Risk AVP to join their growing team in London

Key Responsibilities :

• Understand different types of risks in FI business area, advise and support HOD in identifying and assessing non-financial risks (e.g. Financial Crime, Regulatory Compliance, Business Continuity risk etc) captured under the Operational Risk Taxonomy and associated controls
• Work with business to execute 1LoD operational risk management programme (e.g. RCSA, KRI, ORE, External Events, etc), New Product Approval Process, and 1LoD assessment/attestation for specific non-financial risks (e.g. ABC/Fraud / Tax Evasion Risk Assessment, Control Attestation etc)
• Familiar with both HO and local requirements, update and improve FI business procedures on a timely manner, and oversee the business execution, identify and document controls in the business that meet Bank's and regulatory requirements
• Improve the existing KRI reports and designing/establishing new monitoring reports and/or risk indicators, prepare and present the regular business operational risk management reports to senior management and key risk governance forum/committee
• Act as the key point of contact on the operational risk & controls matters or initiatives in the FI business area, maintain effective end-to-end engagement with 2LoD and HO to report FI risk control environment and improvement in accordance with all relevant requirements
• Work with end-to-end stakeholders to analyse emerging trends, incidents and reportable operational risk event (ORE) to identify underlying issues, assess potential risk / impact and establish appropriate solution or remedial actions, escalate to management and governance forum on material concerns, persistent issues or breaches of rules, regulation, policies or procedures

Skills/ Experience Required

• Demonstrable Risk Management experience gained in financial industry environment or consultancy / Audit, preferable in FI business area.
• Strong understanding of financial products, services, process and risk management process
• Excellent analytical / statistical and problem solving skills, excellent interpersonal and communication skills
• Proficient in speaking and business writing (English and Mandarin)
• Team player, proactive working attitude and strong self-discipline
• Proficiency MS Office Suite (e.g. Word, Excel, PowerPoint and Visio etc.)

Bruin recognises the positive value of diversity, and aims to promote equality and challenge unfair discrimination. As a champion of equal opportunity employment we welcome applications from all suitably qualified persons - men and women, people of all ages, sexual orientations, nationalities, religions and beliefs. We particularly encourage applications from women, disabled, and Black, Asian and minority ethnic candidates as these groups are underrepresented throughout the financial services industry. Our clients work with us because they value a diverse workforce, and subscribe to our shared principle that all appointments are made on merit and that ability to perform the job will be the primary consideration.