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Assistant Vice President Enterprise Risk - Mandarin Speaking

Location London
Department Risk Management
Mergefield Title {Mergefield Value}
Mergefield Title {Mergefield Value}

This is a Permanent, Full Time vacancy that will close in {x} days at {xx:xx} BST.

Risk Management department is responsible for developing, maintaining and promoting the Bank’s Enterprise Risk Management Framework (ERMF) and activities, and for providing independent second line of defence (2LoD) oversight for Traded Market Risk, IRRBB & FX Risk, Operational Risk and Model Risk management activities as well as the project management activities (i.e. project risk) in the Bank. Market Risk. As an Assistant Vice President - Enterprise Risk, you will be responsible to support the team in developing and implementing a sound ERMF, overseeing framework embedment/execution, supporting enterprise-wide risk committees and maintaining a holistic risk profile of the Bank. This is a full time permanent position.

Key responsibilities

  • Participate in developing and maintaining team document suites, e.g. ERMF and Risk Appetite Framework
  • Drive the designing and production Enterprise Stress Test Management Framework and Enterprise Emergency Management Framework
  • Drive the production of enterprise risk reporting, working with “contributors” from the respective business, 2LoD functions and various specialised risk committees; provide regular update on the Bank’s holistic risk profile to the CRO and Risk Management and Internal Control Committee (RMICC) / Board Risk Committee
  • Maintain effective engagement with the stakeholders from business and the respective 2LoD functions for effective collaboration as well as sound understanding and effective embedding of ERMF and its principle expectations across the Bank
  • Support the committee secretary for New Product Approval Committee (NPAC)
  • Participate in project managing and overseeing the annual review of the Bank’s Risk Appetite Statement (RAS), working with “contributors” from the respective 2LoD functions
  • Design, maintain, deliver enterprise risk training programme and communication in order to raise awareness and support the embedding of robust risk framework, governance and culture

Requirements

  • Degree educated in Business Administration, Finance, Economics, IT, Law or related disciplines
  • Solid experience gained from working in risk management environment within the Financial Services, Audit or Consulting
  • Solid understanding of Basel Accord and ERMF as well as best practices around ERM component such as risk appetite and stress test framework
  • Good knowledge of regulatory expectation for a robust risk governance framework
  • Experience of working with senior leadership to develop, implement and maintain risk management frameworks
  • Strategic thinking and business acumen
  • Excellent English and Mandarin communications skills
  • Excellent analytical and problem solving skills to identify areas of improvement and to advice on possible recommendations
  • Good attention to details
  • Ability to work in a fast-paced business environment
  • Team player with ability to work independently
  • Excellent interpersonal skills with ability to build good relationships and to collaborate with, influence and engage key stakeholders

Having a presence in the UK for more than 90 years, Bank of China London Branch has been providing an excellent financial service to the market and maintain its competitive edge as an international bank operated in the UK. It has employees in over 33 countries, and it is one of the most internationalised overseas branch in the Bank of China Group. The Bank values the diversity of its employees and aims to create an inclusive environment where everyone can speak up and enjoy the equal opportunities to grow both personally and professionally.  

We strive to offer you a continuous learning environment and we will invest in your development. We provide personalised and varied learning tools to support your growth and career through: 

  • access to the best in class qualifications from leading professional bodies such as the Professional Bankers Certificate and Green & Sustainable Finance Certificate from the Chartered Banker Institute 

  • 24/7 on-demand access to over 600 e-tutorials to build and refresh core and advanced banking knowledge 

  • regular pan-bank stay connected sessions to keep in touch with what is going on across the bank and build your network 

  • exploring your unique and collective strengths and development areas to become the best version of yourself using the globally renowned Insights personality profile 

  • developing our People Managers to help coach and guide you towards success, through our 9-month People Manager Development Programme  

  • encouraging a “growth” personal mindset and promoting continuous professional development (CPD) through annual events such as Learning at Work Week 

  • embracing change in a fast-moving industry and encouraging a forward-looking perspective on career development to “future-proof” your career 

  • promoting cross cultural intelligence and to seek out diverse and inclusive perspectives on challenges faced and their solutions 

We provide an attractive and comprehensive benefits package, offering flexibility that can enable you to select the benefits that suits your needs, including: 

Celine Luo
Assistant Vice President, Financial Crime and Compliance

Bank of China is a great platform for everyone who wants to gain different knowledge and self-development. I started as a Junior Associate and had the opportunities to gain invaluable working experience in two different departments. I am happily working here, as an Assistant Vice President in the Financial Crime and Compliance department. I believe I will continue to grow here, not only in my career development but also in my personal wellbeing.

Daniel Shulakov
Senior Associate,
Credit Management

I joined Bank of China as a university graduate and I believe I have found the best place for me. From the first day my priority was always to learn. This was quickly recognised by my department, which provided me with the platform to grow, and my colleagues have been very helpful in the guidance they have provided me with along my journey. There are ample opportunities to grow with the Bank and it all depends on how much one would like to develop themselves.

Rita Cobbold
Vice President – Head of Customer Due Diligence, CFU Middle Office

I have been working at Bank of China for almost 8 years. In March 2022 I was promoted to VP - Head of Customer Due Diligence and I lead the CDD Unit. There are so many great things about working for the company. My favourite is probably the Bank’s commitment to identifying talent and nurturing them to develop into great leaders. The Bank embraces employees of all experience levels, backgrounds, and beliefs. They understand the value of a diverse team and make efforts to hire a variety of people. Working here has really enhanced my knowledge, my understanding of different cultures, leadership skills and a sense of direction for the future.

Jamie Robinson
Assistant Vice President – Sales, Financial Markets

As a 20-year veteran at Bank of China, I have seen huge growth and progress within that time. Through hard work and perseverance, I was given the opportunity to progress through the ranks, utilising the training and development facilities and absorbing the experience from a diverse range of colleagues. This has been invaluable to develop my soft skills and become a well-rounded professional.

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