Operational Risk Management Specialist
1 month ago
**Key Responsibilities:**
- Develop and implement a comprehensive Operational Risk Management framework, encompassing policies, procedures, and relevant templates, to ensure effective risk mitigation and control.
- Design and deliver comprehensive training programs to enhance awareness and capability in Operational Risk Management, fostering a risk-aware culture within the organization.
- Provide expert advice on risk frameworks, issue and incident lifecycle management, and risk acceptance, ensuring alignment with regulatory requirements and industry best practices.
- Lead the annual Risk & Control Self-Assessment (RCSA) process, engaging with stakeholders to ensure the effectiveness of controls and identifying areas for improvement.
- Oversee the maintenance of the third-party register and ensure due diligence requirements are met for outsourcing arrangements, mitigating potential risks.
- Execute the annual Business Continuity Management (BCM) process, including Business Impact Analysis, Crisis Management Plans, and testing protocols, ensuring business continuity and resilience.
- Collaborate closely with Technology teams on Disaster Recovery Plans and Tests, ensuring seamless recovery and minimal disruption to business operations.
**Job Requirements:**
- Bachelor's degree in a related field, such as Business Administration, Finance, or Risk Management.
- 7-10 years of experience in Operational Risk Management or Audit, preferably within the financial industry, with a strong understanding of regulatory requirements and industry best practices.
- Proficiency in operational risk regulatory and legislative requirements, with the ability to analyze and interpret complex risk data.
- Professional certifications such as Risk Management or Business Continuity Certifications are advantageous, demonstrating expertise and commitment to the field.
- Proficient in Mandarin is advantageous, enabling effective communication with stakeholders and clients.
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