Rca Associate I

Excited to grow your career

BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121000 professionals working in multidisciplinary teams with profiles as diverse as financiers legal experts data scientists developers engineers and designers.

About the job:

Job Purpose & Objectives

• Risk Control Assurer (RCA) CIB Asia team is responsible for managing operational risk within its designated business and regional areas. This includes applying risk identification methodologies and establishing controls that align with the operational risk and control frameworks defined within the BBVA S.A. CIB. Additionally the RCA function is tasked with monitoring the implementation and ongoing effectiveness of these controls.

• This role will serve as an Associate RCA CIB Asia team member in the first-line defense function within the BBVA control model to evaluate and test the internal control settings in different departments across the board regarding the control design efficiency and execution effectiveness and provide feasible recommendations for improvement and report the various control testing status to the senior management team in Asia and in the Madrid head office.

• Prepare the needed reporting and meeting packages periodically to the Senior Management teams in Asia and the RCA CIB Head Office team in Madrid on any evolutions or observations of any internal control or operational risk relevant topics

• Review the intended-to-be launched new business product or service case within the framework of CIB NFR Risk Admission model and serve the duty of RCA role within this workflow for cases relevant to the BBVA S.A. Asia region.

Key Responsibilities

• Host the quarterly Asia Internal Control & Operational Risk (ICOR) meetings and schedule the quarterly meetings with various stakeholders throughout the Asia region for the assigned Asia BBVA S.A. branch.

• Calculate and generate the related Key Risk Indicators data for all different Op Risk monitoring areas and prepare the quarterly Asia Internal Control & Operational Risk (ICOR) meeting packages and compile the relevant meeting minute files after the meetings.

• Follow up on remedial status of issues identified during the quarterly KRI review and periodical risk and control self-assessment (RCSA) exercise.

• Conduct the annual Risk and Control Self-Assessment (RCSA) exercise for the BBVA S.A. Asia region for the assigned branch per the Risks and Controls scripts which are documented and agreed by the RCA CIB Asia head to ensure that all the critical controls have been tested properly and document the testing results in the RCA CIB teams global system (MIGRO) properly.

• Establish newly required risks or controls items to beef up the control frameworks as the BBVA Asia business continue to grow or change

• Ensure effective communication with Front Office Compliance Operation Tax and Legal or any other relevant teams in the Asian branches to ensure all the main Op Risks related topics or issues have been properly communicated and clarified.

• On a case by case and periodical basis review the intended-to-be launched new business product or service within the framework of CIB NFR Risk Admission model and serve the role as RCA within the relevant workflow for cases originated from the BBVA S.A. Asia region.

Job Specifications

Qualification & Experience

• University graduate or post-graduate degree in Risk or Business Management or Finance or Accounting or Economics or any other relevant focus in the banking or financial industry.

• Minimum 5-year post-school working experience in the Operational Risks or Auditing or Financial Control or Product Control or Compliance related functions within the Banking or Security Broker Dealers firms or other relevant sectors in the financial industry.

• CFA CPA AORP or CORP related certifies will be plus.

Knowledge & Skills

• Possess knowledge about operational risk measurement experiences and skills in the Corporate and Investment banking industry.

• Strong interpersonal and cross departmental coordination and communication skills.

• Familiar with the 3 lines of defense control model and the relevant best practical approach and latest rules and regulations within the Corporate Banking and Sales & Trading Global Market industry.

• Strong English written Communication:Ability to synthesize complex ideas into clear concise English without losing nuance or technical accuracy.

• Abstract reasoning:Demonstrated ability to think abstractly and can translate high-level and abstract concepts into structured logical and clear English written narratives

Language

• Excellent command of both spoken and written English.

• Good command of both spoken and written Chinese Putonghua.

• Good command in Spanish or Japanese is a plus.

Other Skills (e.g. Interpersonal Communication etc)

• Strong professionalism and ethics.

• Able to work in a matrix reporting structure multi-functional and cross-cultural environment.

• Well-organized and meticulous in details.

• Ability to work under pressure strong multi-task management skill.

• A team player.

Job Posting

BBVA Hong Kong will conduct a background check on you in accordance with theMandatory Reference Checking (MRC) Schemeregulated by the Hong Kong Monetary Authority (HKMA). Should any discrepancy identified or deemed unsatisfactoryto us we reserve the rights to terminate your employment in such case. (FAQs for In-Scope Individual: Player