Mandarin speaking Risk Control Officer - Banking in London

The Skills You'll Need:

• Mandarin and English fluent.
• Solid experience on ERM/Liquidity/Operational risk management of European wide Commercial Bank.

Your New Salary: Competitive Depending on experience

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

Start: ASAP

Reports to: Head of Department

What You'll be Doing Each Day:

• Following work plan to well arrange Enterprise Risk related routine operations and reports.
• Assist Deputy Head / Head of department to lead HO ERM assessment and report.
• Assist departments to identify and manage operational risk in their respective activities, escalating to Senior Management for risk-acceptance when required.
• Develop and maintain effective operational risk management policies and standards.
• Maintain the operational risk incident management and reporting framework, including operational risk root cause investigation, identification, assessment and countermeasures, and promotion of the risk-acceptance process.
• Maintain and archive operational risk management documentation, including policies, procedures, action trackers, risk registers, KRIs, etc.
• Regulatory Reports for Liquidity and Interest Rate Risk.
• Liquidity risk monitoring and periodic / ad hoc reporting to ALCO, Risk & Compliance Committees, the Parent Bank (liquidity returns G21-25), covering both the Subsidiary and Branch as required.
• Monitor the Bank’s liquidity position and buffers on a daily basis (LCR, NSFR, currency limits, contractual mismatch, etc), conduct daily forecasting, identify and assess the liquidity impact of maturing assets, new liabilities and off-balance sheet items, and recommend strategies for maintaining compliance with internal and regulatory limits while optimizing scarce liquidity resources.
• Undertake periodic stress testing and review the relevance and appropriateness of stress testing scenarios and parameters.
• Proactively identify and escalate emerging liquidity risk issues as they arise.
• Assist departments to identify and manage liquidity risk in their respective activities, escalating to Senior Management, RCC or Head Office for risk-acceptance when required.
• Participate in annual update of ILAAP.
• Participate in Pillar 3 Disclosure and Recovery Plan updates.
• Participate in ICAAP annual updates.
• Provide second line oversight and management of risk-free rate (RFR) process (SONIA, SOFR etc).

The Skills You'll Need to Succeed:

• Strong written and verbal communication skills in both English & Chinese language.
• Good knowledge of and working experience in operational risk management and enterprise risk management (ERM) (at least 5 years’ experience, with FRM/CFA certificate is preferable), including the ability to demonstrate and articulate risk skills and methodologies.
• Awareness of industry trends and best practices in risk management (particularly operational risk management but with a broad understanding of other ERM categories).
• Sound understanding of the relevant regulatory regimes and requirements governing the control and management of risk.
• Ability to deliver accurate and comprehensive risk reports, and to propose constructive, forward-looking and proportionate solutions and suggestions.
• Be capable of managing complex risk management projects.
• Good IT skills, particularly Microsoft Excel and PowerPoint, plus familiarity with in-house systems where required.

Job status: 1-year fixed-term contract

Start date: ASAP

Working hours: 9am to 5pm

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