Operational Risk Management Department-Third Party Risk Management AVP/Associate
Bank of China USA · New York City, New York, US
Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more tha...
Job description
Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business. Overview: The incumbent is responsible for all aspects of and will provide oversight, guidance and challenge to the Bank’s Third Party Risk Management (TPRM). S/he will establish and enhance the Third Party Risk Framework, draft and maintain TPRM policies and standards, develop and execute TPRM annual work plans, and conduct periodic risk assessments. S/he will also assess, monitor and track TPRM lifecycle activities, ensure documentation completeness, and prepare aggregated TPRM reports on risk data and analysis. Responsibilities: Include but are not limited to Third Party Risk Management Framework: Third Party Risk Management Lifecycle & Implementation of TPRM Second Line Review - Establish and enhance the Third Party Risk Framework, en...