Job Overview
JAC’s client is a foreign bank looking for a Operational Risk, Business Continuity & Permanent Control Officer
Department: Risk Management and Compliance
Report to: Deputy Head of Risk & Permanent Controls
Location: Ho Chi Minh City
Job Responsibilities
Operational Risk
Adhere to the bank standards and legal obligations while supporting the operational risk framework.
For every department and function, identify, evaluate, track, and reduce operational risks.
Examine Key Risk Indicators (KRI), create plans for remedial action in response to issues found, and make sure that these plans are followed up on promptly.
Work together with departments to guarantee that occurrences involving operational risk are appropriately documented, reported, and checked for timeliness and completeness.
To suggest preventive and corrective measures, carry out impact analysis and root cause investigations of occurrences.
Create monthly or quarterly consolidated reports on risk incidents and the measures taken in response for management review.
Permanent Controls
Encourage oversight of the permanent control system to guarantee adherence to internal rules and guidelines.
Assess the efficacy of long-term controls by working with internal audit teams or conducting independent checks.
To carry out, track, and report on control activities, use control management tools.
Create thorough reports on the efficacy of controls, identify irregularities, and put corrective measures in place.
Determine what aspects of the current control framework need improvement, then collaborate with business lines to build and execute an appropriate control framework.
Business Continuity
Support the creation, execution, and upkeep of the Business Continuity Plan (BCP), which guarantees operational resilience in accordance with organizational and regulatory standards.
Work together with business units to design mitigation strategies, perform business impact evaluations, and perform risk assessments.
Assist in organizing and carrying out yearly business continuity exercises.
Additional responsibilities
Upholding risk management principles, policies, and processes in compliance with national and international legal obligations.
Create frequent risk reports for top management and regulatory bodies under the direction of the Deputy Head of Risk & Permanent Controls.
Help organize the yearly macro-risk mapping exercise involving all business divisions.
Encourage a culture of risk awareness by educating staff members about risk management procedures.
Other
When team members are not present, cover for them.
As directed by the Director of Risk, Compliance, and Permanent Controls, complete ad hoc reports and other assignments.
Job Requirements
A bachelor's degree in risk management, business, finance, or a similar discipline. It is advantageous to have a solid understanding of international standards like COSO, ISO 31000, or ISO 22301.
04 years or more of experience in internal auditing or risk management in the banking or financial services sector.
A solid grasp of banking rules, products, and risk management principles.
Excellent analytical abilities and meticulousness.
Outstanding interpersonal and communication abilities.
The capacity to operate both independently and cooperatively in a group-orientedsetting.
Written and spoken proficiency in the Vietnamese and English languages.
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