The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing Infrastructure for Tomorrow in Asia and beyond – infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD100 billion and AAA-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 and 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, analyzing, and developing standards for remediating risk that arise while maintaining a balance between risk mitigation and operational efficiency.
The Operational Risk Associate will support the Head of Compliance and Operational Risk with identifying existing and future risks across AIIB and optimizing the operational risk management framework. They are expected to work effectively alongside key stakeholders in ensuring the continued robustness of the function.
Responsibilities:
- Support defining the operational risk frameworks, methodologies, and documentation; and oversee implementation.
- Conduct risk assessments to identify, assess, measure, manage, and report on operational risks.
- Support the capture and management of operational risk events, including conducting root-cause analysis and capturing lessons learned.
- Support activities related to crisis management, third-party risk management, operational resilience, and IT risk management, including coordinating meetings and overseeing actions as directed.
- Increase the effectiveness of Management’s oversight by analyzing and reporting operational risk information.
- Support the development of systems and tools to support the Compliance and Operational Risk function.
- Consult with multilateral and bilateral partners and AIIB members to improve the Compliance and Operational Risk function.
- Stay informed about the latest applicable external 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.
- Perform other duties assigned by the Head of Compliance and Operational Risk.
Requirements:
- 3-5 years’ experience in an operational risk and/or operational resilience function with a multilateral development or financial institution.
- A bachelor’s degree in law, finance, business, or related fields is required. A master’s degree in these areas is preferred.
- Excellent command of Microsoft Office and other relevant software, such as Tableau and Power BI. VBA and other programming skills are required.
- Strong analytical skills, with attention to detail and accuracy.
- Strong interpersonal communication skills, with the ability to interact effectively with stakeholders across the organization.
- A team player able to operate in a diverse and multicultural work environment.
- Excellent project-management skills.
- Fluent in written and spoken English.
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.
Join in AIIB’s mission to promote sustainable infrastructure investments and to improve social and economic outcomes in Asia and beyond.
Previous experience and qualifications will determine the grade and job title at which successful applicants will enter AIIB.