Operation Service Department-Middle Desk Quality Control/Risk Management Associate

Introduction

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.

Overview

This role will assist in performing quality control on credit, regulatory compliance, liquidity, operation, reputation and strategic risks, support the review of risk assessment data and reporting, conduct periodic internal control tests on data/process activity flow, etc.

Responsibilities

Risk Management

• Assist and coordinate department to perform required assignments. Assignments include Head Office accounting self- assessment, deliverable to Second line department, training, and regulatory projects.
• Assist and conduct ongoing and structured control testing on key procedural processes.
• Develop, document and implement test scripts. 
• Identify any gaps and or deficiencies during the control test review. 
• Make recommendations for remediation and suggest areas for improvement. 
• Track outstanding remediation activity and ensure fulfillment on action plans.
• Assist to perform review and timely deliverable of monthly data for accurate reporting.
• Analyze and evaluate reportable data.
• Determine and investigate variances during the review process as it may indicate quality control issues.
• Attend mandatory training meetings; complete on-line mandatory training as assigned.

Internal Audit

• Assist to follow up ensuring internal, external and Head Office audit requests meet deadline on deliverables.

Projects

• Assist in special projects and other duties as assigned by supervisor and management.

Qualifications

• Bachelor's degree required
• At least 2 years of experience in commercial lending, banking and/or financial service industry is needed
• Knowledge of banking and finance required
• Analytical skill and problem solving skills are required

• Understanding of self-risk assessments, workflow processes analysis required

• Ability to identify controls to address and mitigate residual risks and manage risk trends

Pay Range

Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.