Bank of China USA ยท 19 hours ago
Operational Risk Management Department - Op Risk Incident Management New Activities Risk Management(IMNARM) AVP/VP
New York, NY
Full-time
Onsite
Mid Level
$65K/yr - $230K/yr
4+ years expBank of China USA is one of the largest banks in the world, providing a stable and reliable financial partner. The role involves leading event management, overseeing new activity management, and managing operational risk within the institution.
Banking
Responsibilities
Comprehensive Risk Source Identification: Systematically identify potential operational risks across the institution's products, services, business processes, systems, personnel, and external events
Risk Assessment: Conduct qualitative and quantitative assessments of identified or potential risks to determine their likelihood, impact and potential loss
Risk Classification: Classify and prioritize risks based on event or activity characteristics and associated assessment results
Enhance New Business Risk Management: Strengthen operational risk control capabilities to address increased risks stemming from the growth of new business
Assist in additional IMNARM program activities: Participate in projects to strengthen team development and coverage
Develop Risk Control Measures: Formulate appropriate risk control measures based on risk assessment results, such as optimizing business processes, enhancing system monitoring, and improving employee training
Implement Risk Mitigation Measures: Actively implement measures to mitigate risks, reducing the probability of occurrence and the severity of losses
Continuous Risk Monitoring: Regularly evaluate and challenge the effectiveness of risk control measures and adjust them as needed
Key Risk Indicator (KRI) and Key Performance Indicator (KPI) Monitoring: Monitor all operational risk-related KRIs and KPIs, promptly investigating any breaches of limits or alert thresholds
Adhere to Regulatory Requirements: Ensure the institution's operational risk management and new business development comply with regulatory requirements. Keep abreast of key regulatory guidance and requirements impacting
Facilitate Regulatory Inspections: Actively cooperate with regulatory inspections and promptly rectify any identified issues
Qualification
Required
Bachelor's degree is required for this position
A minimum of 6 years of experience in the Banking industry and risk management is required for VP level
A minimum of 4 years of experience in the Banking industry and risk management is required for AVP level
Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices
Proficiency in Microsoft Excel, PowerPoint, and other reporting tools
Preferred
Experience with GRC tool
Proficiency in Mandarin
Company
Bank of China USA
Bank of China (BOC) is one of the largest banks in the world, with more than $3 trillion in assets and a footprint that spans over 60 countries and regions.
501-1000 employees
H1B Sponsorship
Bank of China USA has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (57)
2024 (46)
2023 (52)
2022 (67)
2021 (36)
2020 (69)
Funding
Current Stage
Late StageLeadership Team
Peter J Reisman
Managing Director, Chief Communications Officer
Company data provided by crunchbase