Bank of China USA · 2 weeks ago
Operational Risk Management Department-Risk and Control Self-Assessment (RCSA) AVP/VP
New York, NY
Full-time
Onsite
Senior Level, Lead/Staff
$65K/yr - $230K/yr
10+ years expBank of China USA is one of the largest banks in the world, providing stable and reliable financial services globally. The VP will manage Operational Risk and Control Self-Assessment (RCSA) activities, focusing on risk assessment, control testing, and ensuring compliance with risk management standards across the organization.
Banking
Responsibilities
Support bank-wide coordination of the RCSA process in close collaboration with FLUs to ensure consistency with sound risk management standards and internal policy and procedures
Execute the following operational risk management activities: Risk and controls assessment, Process library management, Risk and controls taxonomy, Controls testing, Issues management, Risk analytics
Maintain all associated process documentation (managed by FLUs), risk taxonomies, policies and procedures
Execute testing programs and QA all associated documentation
Ensure the effective implementation of the Branch’s operational risk programs through training, awareness and monitoring
Promote sound operational risk culture across the Branch by supporting and providing oversight to the first line of defense through various operational risk management programs
Review and challenge risk assessments conducted by both FLUs and IRM
Ensure a timely and efficient remediation plan is developed for operational risk management framework issues, and oversee the implementation of rectification
Support all ad hoc tasks as they arise
Qualification
Required
Bachelor's degree is required
Minimum 10 years of work experience in banking, with at least 10 years of work experience in operational risk management plus at least 5 years of experience related to RCSA or other risk and controls are required for VP level
Minimum 5 years of work experience in banking, with at least 5 years of work experience in operational risk management is required for AVP level
Solid analytical skills and computer skills (Microsoft office including Microsoft Access and Visio) are required
Familiarity in knowledge of regulatory environment, processes, activities, requirements of a foreign banking organization, operational or enterprise risk management concepts, framework, methods, and governance practices
Deep understanding of RCSA or Enterprise Risk Management Risk Assessment and Control testing program is required
Preferred
CFA, CPA, FRM or other Risk Management-related certifications are preferred, but not required
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
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