Operational Risk Management Associate (CDD)

  • Full-time

Company Description

As a Luxembourg-based bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg Branch has been successfully operating and continuously developing its business over the years. It contributes to the local and worldwide economic and social development. With more than 45 years of expertise and experience in the European markets, the bank extended its roots covering 15 institutions located in 13 European countries and becoming Bank of China Europe, since 2022.

Bank of China Europe adheres to the guidance of Bank of China group and continues to grow and expand its business coverage across the world, offering comprehensive business solutions to its clients worldwide with its globalized operations and diversified platforms.

Today, Bank of China Europe comprises an international workforce with a multicultural background of more than 30 different countries and regions with over 600 employees.

Job Description

We are seeking an analytical and motivated Associate to support the Bank’s Operational Risk Management team within the second line of defense. This is an entry-level opportunity for someone who learns quickly, enjoys working with data, and is keen to develop a practical understanding of banking operations, risks and controls.

Your key responsibilities will include (but are not limited to):

  • Collect, validate and analyse operational risk data, including risk assessments, operational risk events, losses and key risk indicators.
  • Help prepare regular reports, dashboards and presentations, highlighting trends, exceptions and data quality issues.
  • Support with data analytics and automation to improve report production, data checks and recurring monitoring tasks.
  • Support control testing, process walkthroughs and inspections by preparing data samples, organising evidence and documenting results under the guidance of experienced colleagues.
  • Assist with Risk and Control Assessment coordination, follow-up of outstanding submissions and tracking of corrective actions.
  • Support operational risk scenario analysis and stress testing through data preparation, calculations and documentation.
  • Develop knowledge of the Bank’s processes and controls, and actively raise questions or issues identified during assigned work.

Qualifications

Technical Skills & Qualifications

  • Master’s degree in finance, Data Science, economics, or related field.
  • No prior work experience required. Internship experience in Risk Management is an asset.
  • Strong data analytics skills, with the ability to work accurately with large datasets and translate results into clear observations.
  • Advanced Excel skills and practical proficiency in tools such as VBA, SQL or Python, demonstrated through academic, personal or professional projects.
  • Fluent in both Chinese and English is preferred.

Soft Skills & Attributes

  • A proactive learning attitude, intellectual curiosity and the ability to quickly understand new processes and systems.
  • Attention to detail and a willingness to investigate inconsistencies and check the reliability of data.
  • Ability to work effectively under pressure, manage deadlines and maintain accuracy.
  • Strong teamwork and communication skills, with ownership of assigned tasks.

Additional Information

Compensation: The remuneration for this position will be determined based on the requirements and responsibilities of the role, as well as the candidate’s qualifications and professional experience. Further information on the applicable salary range will be provided during the recruitment process.

Equal Opportunity: We are committed to providing equal employment opportunities to all candidates and do not discriminate on the basis of gender, age, nationality, race, ethnic or social origin, religion or belief, disability, sexual orientation, or any other characteristic protected by applicable law.

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