SVP, Operational Risk (Governance Framework, Data Analysis & Third Party)

Posted 16 May 2025
Salary HKD1200000 - HKD1500000 per annum
LocationHong Kong
Job type Permanent
Discipline Financial Services
ReferenceBH-2447

Job description

  • Leading Chinese Bank
  • Great Remuneration Package
  • Great Job Stability
company overview.
This Leading Chinese Bank is looking for seasoned Operational Risk talent focusing on governance framework and third party risk management to join their team. You will be leading a team of 15, great Job Stability and great remuneration package are provided.

job scope.
As the SVP, Operational Risk focusing on governance framework and third party risk management in a Leading Chinese Bank, your key responsibility will be to:
  • Manage the teams under the Group Head of Risk and is responsible for the development and ongoing support of a consistent Firm-wide risk and control framework and provide strategic insights to senior management.
  • Develop, enhance, and implement the Operational Risk Management (ORM) framework, including policies, controls, and risk assessment methodologies, also a robust third-party risk management (TPRM) framework, ensuring compliance with regulatory standards (e.g., HKMA, MAS, GDPR).
  • Lead loss data collection, reconciliation, and analysis to identify trends, root causes, and mitigation strategies.
  • Oversee risk reporting for senior management and committees, ensuring clarity and actionable insights.
  • Manage key risk projects, including ICAAP assessments, stress testing, scenario analysis, and operational risk capital modeling.
  • Conduct annual reviews of operational risk insurance coverage and ensure alignment with risk exposure.
  • Perform due diligence, risk assessments, and ongoing monitoring of critical vendors, outsourcing partners, and service providers.
  • Establish risk-based vendor tiering and ensure proper controls are in place for high-risk third parties.
  • Review and negotiate third-party contracts to ensure risk, compliance, and data security requirements are met.
  • Lead post-contract monitoring, including performance reviews, audits, and issue remediation.
  • Collaborate with Legal, Procurement, and IT Security to strengthen vendor risk governance.
requirements.
  • Bachelor’s degree in Finance, Business Administration, Risk Management, or a related field; MBA or Professional certifications such as FRM, PRM, CORM, or CTPRP are a plus.
  • Over15 years of experience in banking/ financial services sector focusing on operational risk management/ governance framework and third party risk management, with minimum 3 years of managerial experience
  • Strong expertise in ORM frameworks (e.g., Basel III, COSO) and TPRM best practices.
  • Hands-on experience with risk tools (e.g., RSA Archer, MetricStream, ServiceNow GRC) and data analytics.
  • Proven leadership skills with the ability to manage a team and influence stakeholders.
  • Familiarity with HKMA, MAS, or other APAC regulatory requirements on outsourcing and third-party risk.
If you believe you meet the above requirements and have the passion and drive to excel in this role, we invite you to submit your application. We apologies that only shortlisted candidates will be contacted. Please click the 'Apply' button below or send through your most updated CV to cchen@captarpartners.com. We apologies that only shortlisted candidates will be contacted.

Still considering? Contact Cathleen Chen on +852 3653 5247 for confidential discussion about it, we are always happy to help.