Vice President, Operational Risk

The Company is seeking a VP, Operational Risk to spearhead the development and implementation of robust operational risk frameworks, policies, and controls. The successful candidate will be responsible for the entire operational risk management process, including the identification, assessment, and mitigation of risks, and ensuring compliance with regulatory standards. This pivotal role demands close collaboration with senior management and business units to enhance the organization's risk culture and resilience. Key responsibilities for the VP, Operational Risk include leading the risk and control self-assessment process, key risk indicators reporting, and incident management. The role also involves preparing and presenting operational risk reports to senior management and regulators, offering valuable insights and recommendations for continuous improvement. To excel in this position, candidates must have a minimum of 10 years' experience in operational risk management within the financial services sector, with a strong preference for those with a background in securities. A deep understanding of regulatory requirements and risk frameworks, including Basel, HKMA, and SFC, is essential. The role requires an individual with excellent stakeholder management and analytical skills, as well as the ability to lead cross-functional initiatives. The VP, Operational Risk will be at the forefront of the organization's risk management efforts, and as such, a proactive and strategic approach to risk is a must.