Head of Business Risk, Private Bank

• Leading Private Bank
• Great Working Culture
• Great Remuneration Package

company overview.
This leading Private Bank is looking for seasoned business risk talent to lead their team. You will be directly reporting to C-level, leading a team of 5. Great working culture and great remuneration package are provided.

job scope.
As the Head of Business Risk in a Leading Private Bank, your key responsibility will be to:

• Manage and supervise the team to sustain a robust business risk and control framework to enable oversight, control and monitoring for the bank, with key focus on investment suitability, Deposit Protection Scheme and payments.
• Act as the primary authority on all risk and control matters - promoting best practices and ensuring adherence to regulatory standards while exploring opportunities for process improvements.
• Serve as the main point of contact for Compliance, Risk, COO, and Management on a variety of topics, actively participating in Risk and Culture and Conduct Committees.
• Take charge of the Wealth Management Suitability Procedure and training initiatives, contributing to system enhancements regarding suitability and order management.
• Implement continuous monitoring of business activities post-trade and ensure timely action on any issues identified.
• Manage the client complaints process and address business operational losses and other associated risks.
• Ensure compliance with external regulations and internal policies, aligning with the Bank’s directives to mitigate financial, regulatory, and reputational risks.
• Ensure all updates to policies and procedures are seamlessly integrated into the business, with the Front Office fully complying with requirements.
• Prepare and present monthly management reports of risk items to senior management/ stakeholders for oversight and review
• Contribute to regulatory and internal training to promote compliant operations.

requirements.

• Bachelor's degree in risk management, business, finance, or a related field. MBA or other relevant certifications are a plus.
• Over 15 years of experience in business risk/ control area with minimum 3 years in a managerial role, ideally in a private banking sector
• Comprehensive understanding of risk management principles and methodologies.
• In-depth knowledge of local regulatory requirements, particularly in investment suitability, order processing, and the Deposit Protection Scheme.
• Strong grasp of business processes and controls in financial institutions, ideally within Private Banking.
• Confidence and resilience to effectively manage challenging situations with various stakeholders.
• Excellent organizational skills with a proven ability to meet deadlines.
• Superior communication, relationship-building, and stakeholder engagement skills.
• Strong analytical and problem-solving abilities.
• Proven skills in management and project coordination.

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.