Job Description

RESPONSIBILITIES
Strategy

• Provide thought leadership towards integrating various aspects of risk and control initiatives and ensure a seamless face of risk to the GPOs and GPMs within Finance
• Drive implementation of new risk and control initiatives within Finance, at a regional and country level from time to time to support any strategic risk and control agenda for Finance

Business

• Risk Control Self-Assessment (RCSA) implementation in Finance
• Drive the implementation of the RCSA in Finance and provide thought leadership on embedding controls across relevant PRT (Principal Risk Type) Frameworks and Policies.
• Ensure that the RCSA controls is embedded completely and accurately and is used effectively across Finance.
• Ensure all processes in the Finance Process Universe are identified, owned, recorded, mapped, standardized (except for local requirements), risk assessed (with the identification of critical processes), controlled, monitored, and reported.
• Ensure the monitoring of governance and risk control processes in Finance including various performance metrices
• Assess the accuracy of risk ratings for critical processes in Finance.
• Evaluate the adequacy of mitigating controls in place for critical processes in Finance.
• Provide value added review and insights on the effectives of control testing, metrics, risks, events, losses etc. in Finance.
• Develop a strong understanding around Finance processes.
• Work to enhance the system capability and automation opportunities for MI/Reporting.
• Lead initiatives within Finance Operational irks and Policy through \xe2\x80\x98Incubation\xe2\x80\x99 to \xe2\x80\x98Go Live\xe2\x80\x99 stages and ensure their readiness to launch from a risk and governance perspective
• Monitoring, anticipation, escalation, detection, mitigation and prevention of operational risk and operational losses in Finance
• Ensure top risks and associated tolerances are current and are regularly reviewed and reported.
• Monitor operational risk, operational losses and near misses in Finance.
• Escalate issues appropriately when necessary to minimize surprises.
• Provide feedback and direction on operational risk events and remediation.
• Manage the OR reporting capabilities (EORP/M7 etc)
• Support/provide oversight to Finance stakeholders in performing Root Cause Review (RCR) of Material Risk Events (MRE) for institutional learning and enhancement of controls.
• Support in defining treatment plans for material risk events and areas of elevated risk and monitor both the implementation of such plans and the closure of risk treatment

People and Talent

• Partnership with other risk management stakeholders, Regions and Functions within Finance
• Liaise and partner effectively with other risk management stakeholders.
• Drive engagement and deepen the connect with the Regional Finance risk contacts, Country CFOs and Financial Controller Chief Financial Officers, drive insights and lead Finance Op Risk and Policy inputs into the Regional risk forums.
• Proactively ensure communication channels are strengthened with the regional / functional risk partners and central initiatives, Group OR requirements, trainings etc are cascaded effectively
• Group Operational Risk: Maintain an effective partnership and engagement with Group Operational Risk.
• Partner with other risk stakeholders including CFCC, Information & Cyber Security (ICS) etc.
• Liaise and partner with Group Internal Audit on Finance audits and operational risk related matters arising.
• Work with global teams to promote the understanding of policy and risk parameters and promote the understanding of risks within Finance footprint.

Governance

• Lead the activities towards smooth conduct of Finance Risk Committee
• Ensure delivery of MI packs (towards FRC, GCFO and any other apex Risk Committees in a timely and accurate manner
• Provide thought leadership to simplify and standardize delivery of reporting packs through automation, where required through A3 initiatives
• Monitor adherence to risk appetite and guide and assist stakeholders to remediate risk appetite breaches.
• Support identification, reporting and monitoring of emerging risks

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s Values and Code of Conduct.
• 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 Finance Operational Risk and Policy team to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.

Key Stakeholders

• Chief Financial Officers, Financial Controllers and Finance Operational Risk Managers in countries and Group Functions
• Global Process Owners and Risk Owners
• Group Operational Risk
• Group Internal Audit
• Group CFCC partner for Finance
• Members and Invitees to the Finance Risk Committee

Our Ideal Candidate

• Finance Post-Graduate / ACA / ICWA / Similar.
• Overall 8+ years\xe2\x80\x99 experience, including a meaningful stint within in Finance Operational Risk / Finance / Operational Risk / Audit is preferred
• Clear understanding of the Bank\xe2\x80\x99s Enterprise Risk Management Framework and Operational Risk Framework or equivalent experience.

ROLE SPECIFIC TECHNICAL COMPETENCIES

• Attention to detail
• Strong influencing, teamwork and interpersonal skills
• Succinct communication focussing on key messages
• Ability to manage ambiguity
• Independent project delivery
• Strong analytical skills and ability to analyse disparate sources of data
• Problem solving 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 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.

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