Enterprise Risk Management Department - Payments Risk Management AVP/Associate

{
  "content_hash": "96c1adf00f9c1ad35e238997441fed22b0a42e40390ef5fe1a321969ad16aa0b",
  "source_hash": "d6036a38f78a2a634a14f90ff2a3c3497935cfaba8f0fd65b628acae1c5aa11c",
  "last_changed_at": "2026-06-01T13:47:22.788Z",
  "active_status": "active"
}

{
  "dedupe": null,
  "language": "en",
  "location": {
    "raw": "New York, NY, US",
    "city": "New York",
    "region": "NY",
    "country": "United States",
    "is_remote": false,
    "confidence": 0.8
  },
  "salary_max": 65000,
  "salary_min": 3,
  "inferred_at": "2026-06-20T08:32:44.926Z",
  "launch_scope": {
    "reason": "english_us_canada",
    "included": true,
    "language": "en",
    "location": {
      "raw": "New York, NY, US",
      "city": "New York",
      "region": "NY",
      "country": "United States",
      "is_remote": false,
      "confidence": 0.8
    },
    "countries": [
      "United States"
    ]
  },
  "remote_policy": null,
  "salary_period": "year",
  "workplace_type": null,
  "salary_currency": "USD"
}

{}

{
  "json_ld": {
    "url": "https://careers-bocusa.icims.com/jobs/4017/enterprise-risk-management-department---payments-risk-management-avp-associate/job",
    "@type": "JobPosting",
    "title": "Enterprise Risk Management Department - Payments Risk Management AVP/Associate",
    "@context": "http://schema.org",
    "baseSalary": {
      "@type": "MonetaryAmount",
      "currency": "USD",
      "maxValue": 150000,
      "minValue": 65000
    },
    "datePosted": "2026-02-02T05:00:00.000Z",
    "description": "<h2>Introduction</h2>\n<p>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. </p>\n<h2>Overview</h2>\n<p>Bank of China New York (\"BOCNY\" or the Bank) Enterprise Risk Management Department (\"ERM\") is responsible for managing the Bank's enterprise risk as a function of second line of defense according to the Bank's risk governance framework. The Assistant Vice President (AVP) is responsible for managing the Bank's enterprise risk as part of the second line of defense, in accordance with the Bank's risk governance framework. This role includes overseeing Payments Risk, particularly the risks associated with Custodian Business.</p>\n<p> </p>\n<p>We are seeking a proactive and detail-oriented AVP to join our Payments Risk Management team, with a focus on strengthening our risk management framework, supporting system implementations, and driving operational efficiency. This role will be responsible for analyzing and monitoring risks across custody services. This is an excellent opportunity for an experienced professional with a strong analytical mindset and a passion for improving processes and mitigating risks within a dynamic custodian banking environment. The specific title and level will be determined based on the candidate's experience and qualifications.</p>\n<h2>Responsibilities</h2>\n<p><em>Include but are not limited to:</em></p>\n<p><em><strong>Risk Governance</strong></em></p>\n<ul>\n <li>Assist with the logistics of the Payments Risk Committee.</li>\n <li>Support the Payments Project Management Office within the department.</li>\n <li>Contribute to the development of governance in Payments Risk Management.</li>\n <li>Assist with internal audits and regulatory compliance matters.</li>\n</ul>\n<p><em><strong>Risk Analysis and Monitoring</strong></em></p>\n<ul>\n <li>Identify, assess, and monitor operational risks across all areas of custody services, including securities settlement, corporate action processing, withholding tax, and reporting.</li>\n <li>Participate in risk assessments and gap analyses to identify potential vulnerabilities and areas for improvement.</li>\n <li>Review and critically evaluate root cause analyses of payment-related incidents and issues, recommending preventative measures.</li>\n <li>Develop metrics to support business risk and performance monitoring, and initiate investigations into breach events. Aggregate the Payments risk profile using the appropriate methodology.</li>\n <li>Ensure continuous communication of risk initiatives to relevant committees.</li>\n <li>Address regulatory inquiries related to Payments risk management in a timely and effective manner.</li>\n</ul>\n<p><em><strong>System Implementation and UAT Testing</strong></em></p>\n<ul>\n <li>Participate in system implementation and upgrade projects related to custody operations from a risk management perspective.</li>\n <li>Gather and document user requirements for new systems or system enhancements.</li>\n <li>Execute UAT testing, document test results, and track and resolve defects.</li>\n <li>Collaborate with IT and vendors to address system issues and ensure successful implementation.</li>\n</ul>\n<p> </p>\n<p><em><strong> MIS Reporting and Data Analysis:</strong></em></p>\n<ul>\n <li>Generate and analyze Management Information System (MIS) reports to monitor business activities, identify trends, and support risk management activities.</li>\n <li>Develop custom reports to meet specific business needs.</li>\n <li>Utilize data to identify opportunities for process improvement and efficiency gains.</li>\n</ul>\n<h2>Qualifications</h2>\n<ul>\n <li>Bachelor's degree in Finance, Business Administration, Information Technology, Risk Management, or a related field.</li>\n <li>Minimum of 5 years of experience in Banking for AVP level; Minimum of 1 year of experience in Banking for Associate level.</li>\n <li>At least 3 years of experience in Risk Management, Wholesale Payments, Retail Payments, or Custody</li>\n <li>Strong understanding of custody operations processes, including securities settlement, corporate actions, withholding tax, and reporting for AVP level.</li>\n <li>Proven experience in identifying, assessing, and monitoring operational risks.</li>\n <li>Experience participating in system implementation projects, including gathering user requirements and conducting UAT testing.</li>\n <li>Proficiency in documenting business requirements, test plans, test scripts, and operational procedures.</li>\n <li>Strong data analysis and reporting skills, with experience in generating MIS reports.</li>\n <li>Good understanding of relevant regulatory requirements and industry best practices related to custody risk management.</li>\n <li>Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Visio).</li>\n <li>Relevant certifications in risk management (e.g., FRM, CRISC) or project management (e.g., PMP) preferred.</li>\n <li>Experience with specific custody banking platforms and risk management systems preferred</li>\n <li>Knowledge of data visualization tools preferred.</li>\n <li>Bilingual proficiency in English and Chinese preferred.</li>\n</ul>\n<h2>Pay Range<p><em>Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.</em></p></h2>USD $65,000.00 - USD $150,000.00 /Yr.",
    "directApply": true,
    "jobLocation": [
      {
        "@type": "Place",
        "address": {
          "@type": "PostalAddress",
          "postalCode": "10018",
          "addressRegion": "NY",
          "streetAddress": "1045 Avenue of Americas",
          "addressCountry": "US",
          "addressLocality": "New York",
          "postOfficeBoxNumber": "UNAVAILABLE"
        }
      }
    ],
    "validThrough": "2027-02-02T05:00:00.000Z",
    "employmentType": "FULL_TIME",
    "salaryCurrency": "USD",
    "hiringOrganization": {
      "name": "Bank of China  Limited, New York  Branch",
      "@type": "Organization",
      "sameAs": "http://bocusa.com"
    },
    "occupationalCategory": "Risk"
  },
  "detail_meta": {
    "url": "https://careers-bocusa.icims.com/jobs/4017/enterprise-risk-management-department---payments-risk-management-avp-associate/job?in_iframe=1",
    "http_status": 200,
    "content_type": "text/html;charset=UTF-8",
    "response_bytes": 38658,
    "compact_response_bytes": 6989,
    "original_response_bytes": 38658
  },
  "sitemap_job": {
    "id": "4017",
    "url": "https://careers-bocusa.icims.com/jobs/4017/enterprise-risk-management-department---payments-risk-management-avp-associate/job",
    "slug": "enterprise-risk-management-department---payments-risk-management-avp-associate",
    "lastmod": "2026-01-28T22:47:12-05:00"
  },
  "detail_errors": []
}