Job Description
Bank of China Ltd. Frankfurt Branch is part of Bank of China Group with its Head Office in Beijing. As China-s most globalized and integrated bank, Bank of China Group, in addition to its broad presence across the Chinese mainland, maintains an international footprint in 64 countries and regions and is being considered systemically important. The Bank offers a well-established global service network and an integrated financial service system encompassing corporate banking, personal banking, financial markets and other commercial banking business providing its customers with comprehensive services and financial solutions based on global expertise. In Germany, Bank of China Ltd. Frankfurt Branch commenced operations in 1989, being the first Chinese bank to establish in the country. With additional locations in Berlin, Düsseldorf, Hamburg and Munich, Bank of China Ltd. Frankfurt among the Chinese banks in Germany is currently the largest in terms of business scale and service offering. With its additional role as RMB Clearing Bank authorized by the People-s Bank of China and as Bank of China-s global Euro Clearing Center, Bank of China Ltd. Frankfurt Branch is the trusted partner for a wide range of international and domestic corporate clients, including DAX- and MDAX companies, financial institutions, and private customers.
Bank of China is pursuing a path of sustainable strategic development with a view to further strengthen its position as a leading international bank actively supporting Sino-German co-operation. Motivated and ambitious employees are the foundation for our Bank-s further expansion. If you are interested to join our international team in Frankfurt, we are currently offering a position in our Risk Management Department at the earliest possible date:
Risk controlling/ ICAAP (m/w/d)
- RISK QUANTIFICATION AND DATA MANAGEMENT
- Lead and take ownership of the ICAAP calculation (economic perspective) and other risk quantification activities of the bank
- Oversee the modeling, implementation, and measurement of credit and market risk, including stress testing
- Manage and ensure the quality of data preparation and maintenance of credit portfolio
- related data and information
- Drive the development, implementation, maintenance, and enhancement of quantitative methods
- RISK CONTROL & GOVERNANCE
- Lead project management for internal initiatives, such as implementing new regulatory or internal requirements, and ensure compliance with supervisory expectations
- Provide quantitative and IT leadership during the implementation of new regulatory requirements
- Take responsibility for the data governance process from a risk management perspective
- RISK REPORTING
- Oversee the preparation of the ICAAP risk report
- Take the lead in preparing the annual regulatory reports, including FinaRisikoV, Lagebericht, Disclosure Report, and Annual Audit Report
- Contribute to and lead the creation, optimization, and further development of risk-bearing capacity analysis and risk reporting
- Successfully completed degree in economics or mathematics, ideally with at least five years of professional experience in risk management in a bank or an auditing/consulting firm
- Knowledge of regulatory requirements
- Proficient in using MS Office programs, particularly Excel
- Independent and results-oriented working style
- Strong analytical skills combined with a structured approach
- Excellent command of German and English; knowledge of Chinese is an advantage
- Exciting challenges in a dynamic, multinational company
- Performance-related remuneration including a variety of additional benefits (free job ticket, meal and fitness allowance, capital-forming benefits, company pension scheme, etc.)
- Individual training opportunities
- Optimal public transport connections in the heart of the city of Frankfurt