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VP - New Activity Risk Management

Company: Bank of China
Location: New York
Posted on: May 6, 2021

Job Description:

Job DescriptionThe incumbent will be responsible for the New Activity Risk Management activities within the Operational Risk Management Department. He/She will provide guidance, management and oversight to the development, execution and enhancement of branch-wide new activity risk management.Job DutiesInclude but are not limited to:New Activity Risk Management:* Develop and implement the new activity risk management framework* Streamline the Bank's new activity risk management process to meet regulatory and business needs, update the policy and procedure periodically, and maintain its efficiency under Heightened Standards* Internally coordinate with front line product owners and second line risk management departments for new activity risk assessments* Externally assist with the communication with auditors and regulators if needed* Review risk assessments related to proposed new products and current product inventory* Maintain product inventory of all Bank products and servicesJob Requirements:* A Bachelor's degree is required, and an advanced degree is preferred* Minimum 10 years of experience in banking and in operational risk management* 5 years of experience in RCSA or enterprise risk management is preferred* Exceptional verbal and written communication skills are required, and bilingual capability in Mandarin is preferred* Knowledge with regulatory, compliance and heightened standards is required and IT risk knowledge is preferred

Keywords: Bank of China, New York , VP - New Activity Risk Management, Executive , New York, New York

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