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Assistant Vice President Business Risk (1.5 LoD) - Mandarin Speaking

Location London
Department Financial Institutions
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.

Financial Institutions department manages and develops long term, mutually beneficial relationships between the Bank and Financial Institutions clients across the world. The sector includes banks and non-financial institutions such as asset managers and insurance companies as well as clearing houses, exchanges and central banks.  As an Assistant Vice President Business Risk (1.5 LoD) - Mandarin Speaking, you will be responsible to support the business development strategy of Financial Institutions (FI) and assist with the management of the associated risks within Financial Institutions business line. You will lead the enhancement of first line of defence (1LoD) business risk management and internal control. This is a full time permanent position.

Key responsibilities

  • Monitor and evaluate FI client portfolio, market trends, regulatory updates, and internal policy changes to provide thorough analysis for business decision making process
  • Support to develop and maintain a comprehensive governance framework
  • Develop an understanding of both Head Office and local requirements, update and improve the department’s business procedures, oversee the business execution, identify and document controls in the business that meet the Bank’s and regulatory requirements       
  • Act as the key point of contact on the credit risk, market risk and liquidity risk matters or initiative in FI business area, maintain effective end-to-end engagement with second line of defence (2LoD) and Head Office to report FI risk control environment and improvement in accordance with all relevant requirements
  • Participate and coordinate with working groups and project teams as required (e.g. RWA, EC, ICAAP and ILAAP)
  • Design and implement FI business line measures and procedures as required 

Requirements

  • Degree educated in Finance, Economics, Business, Accounting or other equivalent
  • Demonstrated Risk Management experience gained in Financial Services industry, Consultancy or Audit, preferably in Financial Institutions business area
  • Excellent understanding of financial products, services, process and risk management process
  • Solid experience from Commercial Banking or Capital Markets background
  • Solid understanding of different types of risks in FI business area, both financial and non-financial
  • Good Wholesale Banking product knowledge, especially for FI
  • Solid knowledge on regulatory, legislative requirements for FI business
  • Excellent English and Mandarin communication skills
  • Team player
  • Attention to detail
  • Highly organised with ability to multi-task and prioritise
  • Excellent analytical and problem solving skills
  • Proficient in MS Office Suite (Word, Excel, PowerPoint)

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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