Operational Risk Manager, Bank 50-90k

• Lead Operational Risk Self-Assessment (ORSA)
• You will ensure effective identification
• Bachelor’s degree (Master’s preferred) in Finance

Job Title: Senior Manager – Operational Risk (HK)

The Senior Manager – Operational Risk will lead and enhance the bank’s Operational Risk management framework in Hong Kong. You will ensure effective identification, assessment, monitoring, mitigation, and reporting of operational risks across business lines and support functions, aligned to regulatory expectations and internal governance requirements in Hong Kong.

Key Responsibilities

• Own the Operational Risk framework components in HK, including policies/standards, governance, and operating rhythm.
• Drive implementation of operational risk governance across business units (risk committees, KRIs review, escalation and action tracking).
• Ensure risk appetite alignment and monitoring against operational risk tolerance/limits where applicable.
• Lead Operational Risk Self-Assessment (ORSA) / risk and control assessment cycle for key processes and business areas.
• Facilitate deep-dives, thematic reviews, and forward-looking scenario analysis for emerging operational risk themes.
• Support risk assessment for major change initiatives (e.g., process, system, outsourcing, restructuring) from an operational risk perspective.
• Oversee loss event management, incident reporting, near‑miss capture, and root‑cause analysis.
• Drive issue management and remediation tracking to closure with sustainable actions.
• Support effective control testing/validation approaches and improve overall control effectiveness outcomes.
• Develop, implement, and maintain Operational Risk KRIs for HK, including thresholds, escalation logic, and trend analysis.
• Provide high‑quality operational risk reporting to senior management and relevant governance forums/committees.
• Ensure audit‑ready documentation and traceability of assessments, findings, actions, and owners.
• Support compliance with relevant HK supervisory expectations for operational risk (including governance, risk assessments, incident/issue management, and reporting).
• Coordinate with Internal Audit and compliance functions on operational risk‑related audit findings; drive timely remediation plans and evidence submission.
• Act as a trusted partner to business heads, operations, technology, compliance, and finance/support functions.
• Coach and influence 1st line stakeholders to strengthen risk discipline and risk ownership.
• Lead and manage operational risk projects in the HK scope, including cross‑functional initiatives.

Required Qualifications & Experience

• Bachelor’s degree (Master’s preferred) in Finance, Risk Management, Banking, Business Administration, or related discipline.
• Typically 8-12+ years of operational risk experience in banking/financial services, with demonstrated senior leadership exposure.
• Solid understanding of operational risk drivers (process, people, systems, external events) and common banking operational risk taxonomies.
• Deep knowledge of operational risk management practices and controls governance.
• Strong analytical skills; ability to synthesize trends, root causes, and risk implications into clear executive reporting.
• Excellent communication and stakeholder management; ability to challenge constructively and influence outcomes.
• Strong project management skills and ability to deliver under governance timelines.
• High attention to detail and strong documentation discipline (audit/regulatory readiness).