SVP, Risk Control & Compliance Affairs

Back to Job search

Job Summary

  • Shanghai
  • Permanent
  • Ref ID: BBBH842793
  • 26 May 2023
  • Competitive

Job Description

One multinational bank Shanghai Branch is looking for one Risk Control & Compliance Affairs, covering 1st LoD risk control and regulatory risk management.


Regulatory Risk

  • Partner Compliance 2LoD to pro-actively manage our regulatory risks, ensuring effective controls are in place to meet regulatory requirements, as well as enabling the business grow in a controlled manner.
  • Coordinate with Compliance 2LoD regarding the local Regulatory and Compliance risk assessments including control effectiveness assessment

Operational Control and Quality Assurance

  • Work closely with 1st line control functions (i.e. Operations) to conduct the quality assurance, thematic review and control testing
  • Ensure the control adherence to local Regulatory Operational risk framework
  • Coordinate the control design and procedure implementation for New Products
  • Manage operational risk topics with the respective Business Units and Support functions, including Ops risk event reporting, Key Risk Indicator (KRI) review and process gap remediation
  • Coordinate with Non-Financial Risk 2LoD on the CBIRC Operational Risk Framework review and conduct Risk Control Self-Assessment (RCSA) exercise

Third Party Risk Management

  • Coordinate with Service Managers on vendor selection, assessment and certification processes in accordance with the Bank's requirements
  • Maintain up-to-date information on service inventory, and implement the necessary controls required throughout the Procure-to-Pay cycle
  • Assist with the ongoing monitoring of services levels and periodic reviews of vendor KPI/KRI
  • Coordinate the local outsourcing filing when required

Governance and Audit engagement

  • Ensure the adherence to the Group's Branch Governance Model and Local Regulatory Requirements
  • Coordinate Internal & External Audit reviews, and regulator inspection for 1LoD, and follow-up on audit recommendations when required

Grace Su's picture
Grace Su