Banking Job - Mandarin speaking Operational Risk Lead - London - M

The Skills You'll Need:

• Fluent in Mandarin and English
• Solid operational risk management experience within banking in the UK

Your New Salary: c80k Depending on experience

Perm Hybrid: 4 days in the office, 1 day at home

Start: ASAP

Report to: Head of Compliance

To be successful in this role our client has said it is essential that candidates:

• Are fluent in both Mandarin and English
• Have solid operational risk management experience within banking in the UK

What You'll be Doing Each Day:

• Ensuring that the operational risk management framework of the Branch is fit-for-purpose and fully meets regulatory requirements.
• Implementing and maintaining the Risk Control Self-Assessment (RCSA) process across the Branch to ensure that all material operational risks are identified, measured, monitored and controlled effectively.
• Where appropriate, challenge the business and support areas’ self-assessments.
• Escalating the progress of RCSAs and key findings, in accordance with policy, to the Head of Risk, CRO, Risk‑Co, and other senior management, the business and support areas.
• Establishing and maintaining appropriate operational risk management systems, policies and procedures, and, where necessary, developing the infrastructure to support the operational risk framework.
• Maintaining and developing the Branch’s KRI reporting framework.
• Utilizing external operational risk databases and other sources to support the implementation of RCSAs and KRIs in the Branch.
• Where appropriate, ensuring that the Branch’s submissions to external databases are timely and accurate.
• Ensuring that all operational risk events are analysed, documented and reported in accordance with policy and that follow up actions are monitored.
• Providing Branch‑wide training about the operational risk framework, in particular Op Risk Events, RCSAs and KRIs.
• Developing and facilitating appropriate operational risk scenario assessments.
• Ensuring smooth conduct of the Operational Risk Working Forum and prepare reports for Risk Committee and senior management on operational risks.

The Skills You'll Need to Succeed:

• Proficiency in Mandarin and English language (writing and speaking).
• Have sufficient technical understanding of operational risk and some knowledge of other fields of risk management to have significant impact and influence with internal stakeholders and be seen as a subject matter expert.
• Be able to act autonomously within the operational risk area and to demonstrate leadership through applying a joined‑up approach in KRI reporting and RCSA process.
• Educated to a degree level in numerate/financial/accounting discipline and/or have appropriate professional qualification.
• Extensive experience of implementing operational risk management and control frameworks, including a good knowledge of methodologies for measuring operational risk, in a commercial banking/treasury environment.
• An in‑depth knowledge of a broad range of wholesale and treasury products, including, ideally, clearing and/or retail/private banking.
• Good knowledge and experience of operational processes around such products.
• A strong understanding of the UK regulatory framework for operational risk.
• Awareness of the broader scope of financial and non‑financial risks, risk taxonomies and risk appetite would be an advantage.