Our client is an Asian focused Western bank with a presence in over 10 countries in Asia and a strong corporate and retail customer base. The group provides an extensive range of funding, risk management, deposit and investment solutions and is backed by a strong balance sheet and has maintained a presence in China since the early 1980's. They are currently in the process of establishing a branch in Shanghai.

The role is to implement and maintain an effective risk based monitoring program including system based surveillance to monitor compliance with regulatory requirements and internal compliance policies, standards and procedures on a continuing basis, to determine whether, from the results of such monitoring, policies procedures and standards in force are appropriate and have been fully understood and followed. The jobholder will use this analysis to improve or enhance training and competence arrangements for staff in the relevant areas, including Compliance or to adapt policies and procedures so as to ensure compliance. In addition it will be necessary to foster sound relationships with the regulators and promote a strong compliance culture within the bank.

POSITION RESPONSIBILITIES

• Develop, schedule and manage the delivery of the Risk stream
• Participate in the bi-weekly project meeting, and provide progress updates to project managers on a regular basis
• Provide input on project estimates and schedules
• Provide input on local practice and experience
• Hold regular stream meeting to discuss with relative risk teams regarding the requirements for credit and market risk management, branch framework deployment, etc. and the local requirements in China.
• Assist the Project Manager to identify project deliverables and work closely with the Special Matters Expert and analyst to produce the deliverables such as credit risk process and procedures, AML implementation, internal control mechanism, business recovery plan, etc.
• Interact with other project streams to identify the risk issues in each business and operations area and come up with the mitigation actions;
• Provide coaching and training to the new-to-bank staff and ensure the smooth transition of project environment into real life production
• Assist the Project Manager with applicable risk/issues/change requests tracking, resolution and escalation.
• Provide input on the preparation of project produced deliverables, including plans, system requirements, workflows, procedures, training materials, branch application, etc.
• Lead UAT preparation and conduction from a risk perspective

POSITION REQUIREMENTS

• 8 years banking experience with significant compliance and operations experience
• Ability to build cooperative relationships with regulatory bodies
• Trade operations / credit operations experience preferred
• Must demonstrate initiative in dealing with compliance responsibilities
• Legal experience a plus.

APPLICATION BY EMAIL

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