Compliance and Operational Risk Associate

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrowinfrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have since grown to 109 approved Members worldwide. We are capitalized at USD100 billion and Triple-A-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

The Compliance & Operational Risk unit, under the Risk Management Department, is responsible for governance, oversight and credibly challenging compliance and operational risk exposures and risk management practices through monitoring, analysing, and developing standards for remediating risk that arise while maintaining a balance between risk mitigation and operational efficiency.

The Compliance & Operational Risk Associate will support the Head of Compliance & Operational Risk with identifying existing and future risks across AIIB and optimizing the Compliance & Operational Risk Management Framework. They are expected to work effectively alongside key stakeholders in ensuring the continued robustness of the function

 

Accountabilities & Responsibilities

• Support the definition of compliance and operational risk frameworks, methodologies and documentation and oversee implementation.
• Conduct risk assessments to identify, assess, measure, manage and report on compliance and operational risks.
• Support the capture and management of operational risk events, including the conduct of root cause analysis and lessons learned.
• Support activities related to crisis management, including the coordination of meetings and oversight of actions as directed.
• Support the review and validation of compliance and operational risk aspects of outsourcing activities.
• Increase the effectiveness of Management’s oversight by analysing and reporting compliance and operational risk information.
• Consult with multilateral and bilateral partners and AIIB Members to improve the compliance and operational risk function of AIIB.
• Keep abreast of the latest applicable regulatory developments and advise internal stakeholders on their implications and impacts.
• Work with relevant AIIB departments to promote a strong risk culture through relevant training programs.

 

Knowledge, Skills, Experience & Qualifications

• 3-5 years’ experience in a compliance; operational risk and/or operational resilience function with a multilateral development or financial institution.
• Strong analytical skills with high attention to detail and accuracy.
• Strong interpersonal, influencing and communication skills with an ability to interact effectively with stakeholders across the organization, including virtual interactions.
• A team player able to operate in a diversified and multicultural work environment.
• Project management skills.
• Creativity and appetite for continuous improvement.
• Fluent in written and spoken English.
• Bachelor’s university degree (Master’s degree preferred) in law, finance, business, or related fields.
• Excellent command of Microsoft Office and other relevant software including (Tableau, Power BI etc.) including VBA and other programming skills.

AIIB is committed to diversity, transparency and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability or sexual orientation.

Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.

Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment.

 

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