Deputy Head of Operational Risk Management, Banking
Sloane Shorey Consulting, EA Licence No: 17S8548
May 9, 2019
Deputy Head of Operational Risk Management
Newly created Deputy Head of Operational Risk Management in Hong Kong.
The team comprise of 10 dynamic professionals with risk, technology and systems engineering backgrounds. They work collaboratively to create a cutting-edge, data driven operational risk function covering operational risk management, technology risk oversight, all aspects of people and process risk as well as reputational risk and legal and compliance risk. Sitting under the Head of ORM, you will add valuable input and coverage on the execution of the OR framework, help lead and mentor staff in the team and contribute to the ongoing enhancement of the function, its systems and practices.
The function uses data analysis and technology to dive deeper into risk, analyse RCSAs, proactively identify risk hot spots and thoroughly assess products and their associated risks, both to the bank and to the customer.
As part of the risk transformation, the team is tasked with dissecting processes across the bank, particularly those highlighted to be higher risk, identifying areas for improvement, implementing new controls and rebuilding the processes to be solid.
RCSA, KRI, Risk Event monitoring
Review new and/or revised Operational Risk policies.
Devise and roll-out location-specific policies as needed.
Lead the implementation of enhancements to ORM systems
Ensure data integrity of ORM systems.
Perform detailed analysis of OR data and trends
Compile reporting on the overall state of the control environment.
Track new risk events
Provide operational risk related training to enhance risk and control awareness and understanding, including the use of OR systems, across the organisation.
New product risk assessments
This is not a role for a run-of-the-mill risk manager. We are looking for gamechangers. A professional who embraces organisational change, understands the future of banking, is passionate, knowledgeable and experienced with new technology and an expert in data and how to apply analysis to a range of situations.
We are looking for an open-minded risk manager, who can think about the big picture whilst solving the little problems. Someone who is assertive and proactive, readily engages with stakeholders and seeks better ways of doing things.
Personality is key for this hire, more so than technical operational risk expertise. The right person must be intellectually savvy with a curious mindset and be able to communicate confidently and effectively in English across all areas of the bank and at all levels of seniority. We want curious people who will ask "what if?" questions, not take answers at face value and dive deeper into the problems.
We don't expect the holder of the role to know everything. Risk and product specific training will be provided if required but the best way for someone to get up to speed in this role is to have a desire to learn – be it from others in the organisation, by networking with peers or from engaging with external consultants and solution providers. Someone who likes asking questions will do well.
If you have a long track record of risk experience but a "this is how we've always done it" mindset, this is not the role or environment for you.
If you are a confident professional with a "how can we do things differently?" approach and want to make a real difference to an organisation, then please apply now.
10+ years of professional experience
Ideally some risk and controls experience, be it first, second or third line.
Knowledge or retail and/or corporate banking
Technology, systems or data analytics.
Operational risk experience is not mandatory but must be strong on data analytics, able to identify controls and analyse processes.
To discuss this exclusive opportunity in detail, please apply now.
Sloane | Shorey
Sloane Shorey Consulting is a specialist recruitment firm providing corporate governance hiring solutions within the banking and financial services sector. We cover audit, business controls, business management, compliance, COO, finance & accounting and risk management positions across Asia.
Live vacancy listings: sloaneshorey.catsone.com/careers
Singapore MOM EA License 17S8548 | Hong Kong Employment Agency 54879
Internal Number: 5847792
About Sloane Shorey Consulting, EA Licence No: 17S8548
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