2025 Campus Recruitment Operational Risk Governance Associate - Bank of China Limited, New York Branch : Job Details

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.

*To be eligible for campus recruitment program, you can only apply for 1 position within the U.S. Branches.

The position is responsible for performing the Operational Risk (OR) Framework management. The purpose of this job specifically includes managing the OR framework, policy and procedure, while also analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office.

Include but are not limited to:

Risk Aggregation and Reporting

• Data Collection and Quality Assurance: Gather operational risk data from various departments, conducting thorough quality checks and following up with teams as needed
• Consolidation and Reporting: Aggregate and consolidate risk data from multiple sources to generate comprehensive reports for executive committees and the head office
• Data Analysis and Insights: Analyze risk data to identify trends, patterns, and potential areas of concern, providing actionable insights to inform risk management strategies
• Cross-Functional Collaboration: Work closely with departments across the organization to ensure accurate and timely reporting of operational risks

Governance and Compliance

• Operational Risk Committee (ORC) Administration: Serve as secretariat for the ORC, supporting its operations and ensuring compliance with relevant regulations
• Policy and Procedure Management: Assist to develop, maintain, and update operational risk policies and procedures to align with regulatory requirements and best practices
• Regulatory Engagement: Facilitate meetings with stakeholders, provide requested materials, and ensure ongoing compliance with regulatory expectations

Coordination

• Coordinate audit activities, manage audit-related communications, and address audit findings to maintain a strong compliance posture

Administration

• Support budget management, asset management, record retention, and training programs within the department, and handle additional administrative tasks as needed

• Bachelors degree is required for this position at the time of hiring
• Internship experience in Banking industry and risk management is preferred
• Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices is preferred
• Bilingual abilities in both English and Chinese is required

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