Hr Risk Specialist

Year    Chennai, Tamil Nadu, India

Job Description


Role Responsibilities

As the HR Risk Specialist, you will be an instrumental part of the GBS HR team and member of the Group Governance & Controls team. You will be the subject matter expert on all HR risk and governance matters for the GBS HR team and provide the link to the broader Group strategy on HR Risk Management.

Strategy

  • Provide leadership and oversight to the delivery of the HR Risk roadmap, priorities and milestone plan, aligned to the standards / requirements in support of the Group\xe2\x80\x99s strategy and in line with the Enterprise Risk Management Framework (\xe2\x80\x9cERMF\xe2\x80\x9d).
  • Keep abreast of developments in the risk management landscape and apply learning to HR\xe2\x80\x99s risk management practices. Coordinate with counterparts in other functions / business lines across GBS to ensure a consistent, best practice and collaborative approach.
  • Continuously evaluate and provide clear, balanced advice and leadership to senior management on the HR risk implications of business strategies and programmes, and the cost benefit analysis of risk remediation.
  • Play a leadership role on key regulatory projects and initiatives, ensuring appropriate risk management strategies are in place.
  • Positively influence and challenge context, commentary and updates to uphold the integrity of HR risk / return decisions.
Risk Type Frameworks
  • Ensure the HR Process Universe is well understood and embed process ownership across GBS HR. Ensure there is a clear articulation of the framework for managing the First and Second Line activities of HR.
  • Lead and provide oversight to the review of existing risk-based processes and the development of new risk-based processes where gaps have been identified. Lead the alignment of these processes to HR policies, ensuring the revised suite of policies clearly articulate the roles and responsibilities of both the first and second lines of defence.
  • Provide leadership and oversight to the implementation of the Risk Type Frameworks (RTF) across HR in GBS and the commercial ventures, ensuring it is effectively embedded across all product areas (including HR Process Universe, controls and control effectiveness, policies and policy assurance, process risk assessments).
  • Ensure that risks are properly assessed, and control cost / benefit decisions are made transparently and controlled in accordance with the Group\xe2\x80\x99s standards and Risk Tolerance.
  • Act as an adviser over the aggregate level of risk in HR across GBS that arises from end to end processes. Lead the design of effective controls and the systematic monitoring of process control effectiveness and compliance with applicable laws and regulations.
  • Continuously monitor and provide leadership and oversight of HR\xe2\x80\x99s Non-Financial risk profile and the effectiveness of the risk mitigation in place. Provide a comprehensive view of (1) the material risks facing HR and (2) the material HR risks facing the Bank, ensuring that risk assessment and reporting is comprehensive and accurate.
  • Lead Policy and Standard owners in creating, maintaining and ensuring the effective deployment across GBS of HR Policies and Standards. Ensure alignment to and compliance with policy governance standards.
  • Lead the roll out of process risk assessments, scenario analysis and stress testing for HR.
  • Drive and promote an effective and exemplary risk and control culture (aligned to the Group\xe2\x80\x99s risk appetite), with appropriate escalation.
  • Lead updates to senior HR management.
  • Ensure that all members of the HR function across GBS and the commercial ventures are aware of their risk management responsibilities through leadership, communication and training.
  • Act as the primary liaison between HR Risk and HR, ensuring effective First and Second Line of defence coordination and integrated risk assessment.
  • Collaborate with colleagues across HR to ensure continuous improvement in HR to strengthen the control environment.
Audit and Risk Reviews
  • Lead risk based internal control reviews within HR and proactively influence / inform Internal Audit and Compliance planning (formal audits, risk reviews).
  • Assist internal, external and regulatory audits and compliance reviews: support HR and Audit teams with their engagement, the management of audit activities, the reporting of audit findings and the management and closure of all audit findings. Ensure timely response to and implementation of any audit points / issues raised.
  • Ensure lessons learned and best practices are shared across HR, and a central repository of audit points / observations and reports is in place.
Governance
  • Ensure that the Non-Financial Risk Team Meetings across GBS HR are exercising their responsibilities effectively and the requisite information flows are in place and working effectively.
  • Embed the Group\xe2\x80\x99s values and code of conduct and ensure adherence with the highest standards of ethics, and compliance with relevant policies, procedures and regulations forms part of the culture.
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.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
People and Talent
  • Ensure that resources and infrastructure are adequate to support the management of risk within HR.
  • Drive an environment of performance, collaboration, and compliance, to ensure issues are raised and blockages are resolved in a timely manner.
  • Provide forward-looking leadership to ensure HR Risk is positioned to meet the challenges of the future.
  • Champion and act as a role model of the Group\xe2\x80\x99s values and culture.
  • Actively contribute to and raise the overall professional competence of the broader HR function.
Key Stakeholders
  • Head of HR, GBS
  • Risk, Functions, GBS
  • Compliance Team, GBS
  • Audit Teams, GBS
Our Ideal Candidate
  • 7+ years of experience in aspects of HR Services, HR Operations, Risk & Compliance management
  • Certifications on risk and compliance preferred
  • Understanding of Hub/Spoke model, Shared Service Centre environment,
  • Investigatory mindset, ability to analyse problems & processes based on data sets
  • Ability to work effectively across functions/businesses, cross team collaboration.
ROLE SPECIFIC TECHNICAL COMPETENCIES
  • Risk: Operational Risk Expert
  • Risk: Manage Risk Expert
  • Risk: Manage Conduct Advanced
  • Risk: Communication & Influencing Skills Advanced
  • HR: HR Policies, Standards and Procedures Advanced
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.
Visit our careers website

Standard Chartered

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD3051374
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year