An'yst, Operational Risk

Year    Mumbai, Maharashtra, India

Job Description


Job Summary The Operational Risk Management is responsible to uphold the integrity of the operational risk, in particular for ensuring that operational risks are properly assessed, that risk / return and control cost / benefit decisions are made transparently on the basis of this proper assessment and are controlled in accordance with the Group\'s standards and its Risk Appetite. Responsibilities Support the communication and embeddedness of the Operational Risk Type Framework (ORTF) issued under Enterprise Risk Management Framework (ERMF) and its policies and standards, by providing advice and guidance within Region & Country Support the implementation and embedding of the Global Operational Risk function strategy Provide practical implementation guidance on Group OR Policy & Standard in an effective and consistent manner across the countries. Work in conjunction with Country Operational Risk team to ensure local regulatory requirements are met pertaining to operational risk management, prudential standards and governance and operational standards Continually track country performance on risk metrics. Escalate concerns, if any, identified through such tracking to appropriate committees in the Country, Region or Group. Participate in Regional and Group lead-initiatives including undertaking assurance and OR framework effectiveness reviews, preparing risk analytics and other activities that will enable driving consistent set of operational risk management practices across the region Provide support and completion of Regional, Country and Regulatory reporting obligations (Risk Committee, Board Risk Reporting etc.) Highlight any data quality issues in the operational risk management system / reporting to Group Operational Risk Engage in two-way communication with Group and Country OR leads to ensure that the country risks are rightly represented, and the specific actions are adequately executed Monitor the approved metrics on ongoing basis and escalate incidents of breach to respective Committees. Business Responsible for monitoring and supporting the operational risk team with MI, managing and providing information to the committees, maintaining DQ in the OR system. Assisting the team in the regulatory change process. Processes 2LOD process within Operational Risk TEam Risk Management A ct as the 2 nd LOD under the Group\'s Risk Management Framework for Operational and Technology Risk. Governance Responsible for preparing and monitoring the operational risk MI and also for managing regulatory change Regulatory & Business Conduct Display exemplary conduct and live by the . Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct. Lead the Operational risk function to achieve the outcomes set out in the Bank\'s Conduct Principles Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters Key stakeholders Group Operational Risk team Business Risk Managers in the country Functional representatives in the country Other Responsibilities Embed Here for good and Group\'s brand and values in Country Operational Risk Team Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures Multiple functions (double hats) Qualifications Operational risk management experience A clear understanding of the Bank\'s approach to the management of operational risk, or equivalent experience gained in other organisations. Sound judgement and courage necessary to perform a control role and maintain effective working relationships. Excellent analytical skills and sound judgement in a rapidly changing environment Effective verbal and written communication skills Ability to present complex risk issues to senior and non-technical stakeholders Excellent interpersonal skills, multicultural awareness and sensitivity Proactive Risk management Role Specific Technical Competencies Risk - Operational Risk Risk - Business Partnering Risk - Manage Change Risk - Communication and Influencing Skills About Standard Chartered We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can\'t wait to see the talents you can bring us. Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion. Together we: Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum Flexible working options based around home and office locations, with flexible working patterns Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website

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Job Detail

  • Job Id
    JD3109910
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year