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Senior Vice President - Operations Business Risk & Control

Location London
Department Operations Services
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.

Operations Services department is a combination of both Middle Office and Back Office Processing teams. It provides processing support for the front line units (Transaction Banking, Corporate Banking and Financial Institutions) handling trade finance, loan and cash management products and these teams operate as a first line of defence (1 LoD) processing function. As a Senior Vice President – Operations Business Risk & Controls, you will be responsible for leading the Operational Resilience and for managing the Bank-wide Third Party Risk Management. You will be overseeing the Business Risk and Control teams ensuring that they provide a first class service to the Bank’s internal and external stakeholders - currently Bank of China London Branch and Bank of China (UK) Ltd and all relevant UK regulatory bodies. This is a full time permanent position.

Key responsibilities

  • Lead and manage the Operational Resilience programme ensuring strategic direction and oversight
  • Ensure regulatory guidelines and deadlines are observed and implemented across the business
  • Develop systems and tooling to support Operational Resilience framework
  • Drive annual review of Crisis and Incident Management process and act as Secretary of Incident Management Team
  • Lead the Emergency Response team
  • Provide the oversight, training and guidance for the design, implementation and assurance of 1.5 LoD functions across COO departments
  • Manage monthly COO Control Pack and thematic reviews
  • Supervise teams handling critical controls (e.g. system access, cash management, general ledger)
  • Lead centralised BRC training and ensure consistent control implementation
  • Lead Third Party Risk Management programme
  • Continual improvement and embedment of third party assurance framework, vendor due diligence, third party data management and reporting
  • Own and manage third party data sources (e.g. Dow Jones, D&B, Hellios)
  • Foster a solid risk and control culture in supplier management

Requirements

  • Degree educated in Business, Finance, Accounting or other relevant subject
  • Risk Management qualification is preferred
  • Proven experience in a risk, controls or assurance, either within a professional service or the UK financial services industry
  • Experience of non-financial risk management methodology and controls design
  • Excellent working knowledge of both Operational Resilience and Third Party Risk Management and Outsourcing
  • Understanding of the Three Lines of Defence Risk Management model
  • Demonstrable knowledge of the UK regulatory environment
  • Proven ability to deliver operational changes on time
  • Demonstrable management experience in a similar role
  • Solid leadership skills with ability to inspire and motivate a team
  • Excellent interpersonal and communication skills to establish credibility and trust with senior 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.

Ashley Watson
AVP – Security Operations & Risk Manager, General Administration

Over the past four years at Bank of China UK, I have had the opportunity to grow both professionally and personally in my role as the Security Operations and Risk Manager. My role involves safeguarding the bank’s operations through robust risk management and proactive security strategies. Every day brings new challenges, and the dynamic nature of the role keeps me engaged and motivated. One of the most rewarding aspects of working here is being part of a truly diverse and multicultural environment. Collaborating with colleagues from different backgrounds has broadened my perspective and enriched both my professional and personal experiences.

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