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

*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.

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 Management Coordination Committee (RMCC); assisting CRO in promoting risk culture; preparing and consolidating risk management reports as required by HO or regulators.

Include but are not limited to 

Committee Secretary:

• 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

• Develop and implement training on the Policy on 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

Coordination on Bank-wide Risk Management Activities

• Facilitate and coordinate the gathering of information amongst the Department for BOCNY risk management activities
• Facilitate and coordinate the gathering of information amongst the IRM Departments for HO reporting

• Bachelor’s degree required at the time of hiring. Master’s degree in Risk Management, Business Administration, Economics, Finance preferred.
• Internship experiences in Risk Governance preferred.
• Knowledge of risk management in a foreign branch environment along with the understanding of the regulatory process governing such institutions in the US is preferred.
• Knowledge in OCC Heightened Standards FRB Enhanced Prudential Standards (EPS) preferred.
• FRM or CFA preferred.
• Bilingual ability in English and Mandarin (oral and writing) is highly preferred.