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Banking Job - Mandarin speaking Risk Control Officer - London - M

  • £Competitive
  • Permanent - Hybrid
  • Central London
  • Ref: 23162

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Your New Job Title: Mandarin speaking Risk Control Officer - Banking (1-year FTC), London

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The Skills You'll Need: Mandarin and English fluent. Solid experience on ERM/Liquidity/Operational risk management of European wide Commercial Bank

Your New Salary: Competitive, depending on experience

Hybrid: 4 days in the office, 1 day at home

Start: ASAP

Reports to: Head of Department

To be successful in this role our client has said it is essential that candidates:

  • are fluent in both Mandarin and English
  • have solid experience on ERM/Liquidity/Operational risk management within banking

If that means this job isn’t a match for you please view our other vacancies for one that may be a better fit.

What You'll be Doing Each Day:

  • Following work plan to well arrangement of Enterprise Risk related routine operations and reports.
  • Assist Deputy Head / Head of department to lead HO ERM assessment and report.
  • Assist departments to identify and manage operational risk in their respective activities, escalating to Senior Management for risk-acceptance when required.
  • Develop and maintain effective operational risk management policies and standards.
  • Maintain the operational risk incident management and reporting framework, including operational risk root cause investigation, identification, assessment and countermeasures, and promotion of the risk-acceptance process.
  • Maintain and archive operational risk management documentation, including policies, procedures, action trackers, risk registers, KRIs, etc.
  • Regulatory Reports for Liquidity and Interest Rate Risk.
  • Liquidity risk monitoring and periodic / ad hoc reporting to ALCO, Risk & Compliance Committees, the Parent Bank (liquidity returns G21-25), covering both the Subsidiary and Branch as required.
  • Monitor the Bank’s liquidity position and buffers on a daily basis (LCR, NSFR, currency limits, contractual mismatch, etc), conduct daily forecasting, identify and assess the liquidity impact of maturing assets, new liabilities and off-balance sheet items, and recommend strategies for maintaining compliance with internal and regulatory limits while optimizing scarce liquidity resources.
  • Undertake periodic stress testing and review the relevance and appropriateness of stress testing scenarios and parameters.
  • Proactively identify and escalate emerging liquidity risk issues as they arise.
  • Assist departments to identify and manage liquidity risk in their respective activities, escalating to Senior Management, RCC or Head Office for risk-acceptance when required.
  • participate in annual update of ILAAP.
  • participate in Pillar 3 Disclosure and Recovery Plan updates.
  • participate in ICAAP annual updates.
  • Provide second line oversight and management of risk-free rate (RFR) process (SONIA, SOFR etc).

The Skills You'll Need to Succeed:

  • Strong written and verbal communication skills in both English & Chinese language.
  • Good knowledge of and working experience in operational risk management and enterprise risk management (ERM) (at least 5 years’ experience, with FRM/CFA certificate is preferable), including the ability to demonstrate and articulate risk skills and methodologies.
  • Awareness of industry trends and best practices in risk management (particularly operational risk management but with a broad understanding of other ERM categories).
  • Sound understanding of the relevant regulatory regimes and requirements governing the control and management of risk.
  • Ability to deliver accurate and comprehensive risk reports, and to propose constructive, forward-looking and proportionate solutions and suggestions.
  • Be capable of managing complex risk management projects.
  • Good IT skills, particularly Microsoft Excel and PowerPoint, plus familiarity with in-house systems where required.

Job status: 1-year fixed-term contract

Start date: ASAP

Working hours: 9am to 5pm

Please follow us on Linkedin: https://www.linkedin.com/company/people-first-team-china

We would be grateful if you could send your CV as a Word document. If your application is successful, you will be contacted within 7 days. We regret that due to the high volume of applications we receive we cannot provide feedback on individual CVs. Please note that we can only consider candidates who are eligible to work in the UK and are able to provide relevant supporting documentation.

People First is committed to increasing diversity, and maintaining an inclusive workplace culture. We welcome applications from all qualified candidates regardless of their ethnicity, race, gender, religious beliefs, sexual orientation, age, marital status or whether or not they have a disability.

People First (Recruitment) Limited acts as an employment agency for permanent and fixed term contract recruitment and as an employment business for the supply of temporary workers. Please note that by applying for this job you accept our Terms of Use and Privacy Policy which can be found on our website.

Click for more Mandarin speaking jobs from People First Team China in London, your Mandarin recruitment specialists.

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