Introduction:
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.
Overview:
Third-Party and Risk Management
The job of a Third-Party Management professional extends to various responsibilities, with a primary focus on supervising active vendors within the department. This role involves a comprehensive cycle that encompasses multiple stages, namely on-boarding, on-going monitoring, and off-boarding. As a Vendor Service Manager (VSM), effective communication with Vendor Relationship Officers (VROs) is essential. This collaboration allows for the assessment of potential Third-Party risks in accordance with industry standard third-party risk management frameworks, before the on-boarding process commences. Additionally, it is crucial for the VSM to compile and submit the requisite supporting documents to the second line, facilitating the ongoing monitoring of these vendors.
Facility Management
This Facility Management role encompasses the critical tasks of ensuring a safe, functional, and efficient building environment. This role oversees the maintenance and upkeep of all facility systems, including HVAC, electrical power, and a wide range of others. A proactive approach is required to develop and implement preventive maintenance plans to minimize disruptions and optimize system lifespans. Additionally, this role plays a key part in safeguarding business continuity by maintaining a comprehensive Business Continuity Plan (BCP) and actively mitigating operational risks within the facility. The position demands a comprehensive understanding of facility systems, a commitment to preventative maintenance, and the ability to plan and implement strategies that minimize downtime and ensure smooth business operations. Additional knowledge on facility related IT systems is favorable.
Responsibilities:
Third-party and Risk Management
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Onboarding/ On-going Monitoring/ Off-boarding:
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Review onboarding requests within KY3P (TPRM system).
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Conduct thorough risk assessments of potential vendors (financial stability, insurance, security, performance, compliance).
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Collaborate with VROs to gather and verify supporting documents for second-line team review.
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Document risk assessment and approval/rejection rationale within KY3P.
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Participate in periodic reviews of existing vendors for continued risk adherence.
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Review off-boarding requests within KY3P, assessing financial impact.
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Identify and evaluate other off-boarding risks (data security, service disruption, contract penalties).
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Develop mitigation plan for identified off-boarding risks with relevant stakeholders.
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Document off-boarding process and risk assessments within KY3P.
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Requires understanding of third-party risk management best practices and KY3P utilization for vendor risk assessment.
Assist in Facility System Management
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Ensure Safe, Functional, and Efficient Building Environment:
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Oversee maintenance and upkeep of all facility systems (HVAC, electrical, etc.).
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Develop and implement preventive maintenance plans to minimize disruptions and optimize system lifespans.
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Safeguard Business Continuity:
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Maintain a comprehensive Business Continuity Plan (BCP).
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Actively mitigate operational risks within the facility.
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Facility Systems Expertise:
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Requires a comprehensive understanding of facility systems.
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Building IT system Assessment and Management:
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Oversees potential risk(s) during building IT system implementation.
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Perform review and challenges on vendor’s proposal. Along with contracts and agreements
Qualifications:
- Bachelor's degree in Enterprise Risk Management. Information Technology Management is favorable. Master’s degree preferred.
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Minimum 4 years of Facility Management experience required.
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Minimum 4 years of Third-Party Management experience required.
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Minimum 4 years of Information System Management preferred.
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Bilingual ability in English and Mandarin required.
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Knowledge in facility management processes and principles, regulatory and compliance, and third party management preferred.
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Strong understanding in hardware and software management preferred.
Pay Range
Actual salary is commensurate with candidate’s relevant years of experience, skillset, education and other qualifications.
: USD $65,000.00 - USD $150,000.00 /Yr.