Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business.

This position is responsible for maintaining, updating and implementing enterprise-level risk governance policies and procedures based on relevant regulatory requirements; preparing and maintaining the agenda, reporting materials and meeting minutes for US Risk and Management Committee (USRMC); supporting the functioning of BOCNY Risk Management and Internal Control Committee (RMICC); assisting CRO in promoting risk culture; preparing and consolidating risk management reports as required by HO or regulators.

Committee Secretary:

• Maintain and update the charter and the related documentation of the US Risk and Management Committee (USRMC)
• Provide support to the functioning of BOCNY Risk Management and Internal Control Committee (RMICC);
• Coordinate the quarterly USRMC meetings, including setting up agenda, coordinating the meeting materials, recording the voting results and generating meeting minutes
• Coordinate with relevant departments in BOCNY and HO for the above-mentioned Committee meetings

Maintenance and Implementation of Risk Governance Policies and Procedures:

• Maintain and enhance risk governance policies and procedures including CUSO Risk Management Framework, BOCNY Risk Governance Framework and BOCNY KRI Procedure
• Promote the implementation of risk governance policies and procedures

  Monitor relevant regulatory changes to drive changes on documents and implementation

CRO Support:

• Prepare relevant materials and support the CRO to fulfill his responsibilities, e.g. annual CRO work summary
• Produce accurate, concise and timely reports to HO
• Support the CRO in planning activities to promote risk culture, including organizing town halls, offsite, survey, etc.
• Facilitate and coordinate the approval / signature process with the CRO

IRM Performance Evaluation Framework:

• Coordinate the annual IRM performance evaluation criteria update
• Facilitate the annual IRM performance evaluation process

Team Administration:

• Submit ERM requests on OA system
• Coordinate the consultant onboarding and exit processes with HRD
• Produce budget estimates and monitor the spending for all teams in ERM and escalate timely

• Bachelor’s degree required. Master’s degree in Risk Management, Business Administration, Economics, Finance preferred
• Minimum 3 years of Risk governance experience required
• FRM or CFA preferred
• Bilingual ability in Mandarin and English
• Demonstrate knowledge of risk management in a foreign branch environment along with the understanding of the regulatory process governing such institutions in the US preferred 
• Demonstrate knowledge of OCC Heightened Standards and FRB Enhanced Prudential Standards (EPS)