Business Risk Manager - Authorized Officer/Associate Director

Job description

The position of Business Risk Manager - Authorized Officer/Associate Director involves the following responsibilities:

• Responsibility for developing a comprehensive risk and control assessment covering all aspects of risk within FLoD, including the effective oversight of the testing program and regular review with the business.
• Ensuring that a comprehensive risk-based control monitoring program is in place within the function to demonstrate the adequacy and effectiveness of key controls.
• Conducting regular business audits and monitoring in various areas, such as investment suitability, cross-border transactions, anti-fraud measures, etc., and preparing management reports on the results.
• Conducting thematic reviews, studies, and gap analyses on various aspects within FLoD.
• Participation in ad hoc projects and close collaboration with stakeholders to implement changes and improvements.
• Responsibility for fostering a strong risk awareness and a culture of fairness toward customers in all aspects of the business.
• Collaborate with internal stakeholders (e.g., Second Line of Defense (SLoD), Global Functions) to identify, assess, and mitigate risks in business operations, and to ensure that appropriate controls are in place.
• Responsibility for proactively escalating issues, reporting, advising, and challenging existing processes related to business operations.
• Perform all other duties related to business risk management or as assigned by the Head of Business Risk Management.
• Manage the FLOD risk assessment and ensure proper tracking, execution, and integrity of the assessment.
• Providing guidance to front-office staff on investment advisory activities and ensuring compliance with internal policies and procedures as well as local regulatory requirements.
• Building strong relationships and credibility with key internal stakeholders.

Requirements

The following requirements must be met:

• A bachelor’s degree or higher in business administration, finance, economics, or a related field.
• 6 years or more experience in the finance or banking industry.
• Previous experience with general risk management, including control frameworks, is preferred.
• Understanding of products and regulatory requirements in the wealth banking sector.
• Experience working with internal business partners.
• Demonstrated ability to work with minimal supervision, handle multiple tasks simultaneously, and prioritize tasks.

We offer

(No information available)