Operation Service Department - middle Desk Quality Control/risk Management AVP

Risk Management And Compliance Specialist

This position will monitor and ensure quality control on credit, regulatory compliance, liquidity, operation, reputation and strategic risks, assist and review risk assessment reporting, conduct periodic internal control tests on data/process activity flow, conform to existing policies and/or procedures to minimize inherent risks from the daily end-to-end operation workflow processes, etc.

Responsibilities include:

• Assist and coordinate review on the department's risk assessment assignments.
• Coordinate and engage with Second Line of Defense feedback and challenges to ensure completion of deliverable process.
• Assist and conduct the ongoing and structured control testing review to department's key procedural processes.
• Develop, document and implement test scripts.
• Identify any gaps and or deficiencies during the control test review.
• Make recommendations for remediation and suggest areas for improvement.
• Track outstanding remediation activity and ensure fulfillment on action plans.
• Reflect identified gaps through control testing process to align with workflow practices.
• Assist to perform the review and timely deliverable of department's monthly, quarterly, and annual risk assessment reporting.
• Assist and conduct review on department's business impact analysis and update business recovery plan accordingly.
• Assist to review third party assessment activities.
• Attend mandatory training meetings.

Compliance responsibilities include:

• Review and ensure department team's procedure reflect policy, procedure, regulatory and system changes. Impacting workflow processes and operating practices are aligned, in addition to audit-finding recommendations.

Internal audit tasks include:

• Assist internal, external and Head Office audit requests meet deadline on deliverables.
• Assist internal audit remediation action plans completed by target date.

Additional duties include:

• Perform, follow up, and disposition monthly case assignments as risk assessment line of business data QA analyst.
• Assist in projects/special tasks and other duties as assigned by supervisor.
• Attend meetings as directed by supervisor.

Qualifications:

• Bachelor's degree required.
• At least 5 years of experience in commercial lending, banking, and financial services industry required.
• Proficiency in Excel, Word, Power Point is a must.
• Understanding of workflow processes and its related risks, as well as self-risk assessments is required.
• Ability to perform analysis associated to workflow processes, identify controls to address such risks to mitigate residual risks and manage risk trends required.

Pay Range:

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

USD $65,000.00 - USD $150,000.00 /Yr.