Director, Business Risk Management

Roles & Responsibilities

JOB SUMMARY

• Responsible in leading the Business Risk Management for Small Medium Entreprise (SME) business within Wealth and Retail Banking Globally to support business goals and objectives
• Partner with Business Owner and 2nd Line of Defense (2nd LoD) to implement dynamic forward looking controls and control monitors as risk mitigants in alignment of Bank's Enterprise Risk Management Framework (ERMF) and Operational Risk Type Framework (ORTF)
• Lead with guidance and provide advice to the Group and country teams on business risk management in support of busienss goals with consideration to various market dynamics
• Through colloboration with Business Owners with SME: devise assurance dashboard, optimize controls effectiveness through data analytics and establish peer reviews in ensuring identified risks are managed transparently in supporting business agenda
• Responsible in managing risk events (internal and external) and to ensure lessons learnt are developed and reflected through existing established process, further drive action items to closure
• Support the holsitic Business Risk Management team's strategy in alignment of WRB Business and WRB COO priorities

RESPONSIBILITIES

• Risk identification and Assessment with Alignment to Business Objectives
• Collaborate with Business Heads and 2nd Line of Defense (2nd LoD) to identify and assess potential risks in alignment of business goals and objectives
• Partner with various stakeholders to ensure identified risks are assessed based on criticality with alignment and agreement on mitigation strategy / contorls in support of Business goals
• Assess & optmize the control environment including, but not limited to, design, execution and testing with alignment to Business implemented changes on technology and process automation
• Lead Residual Risk Assessment, Risk Controls Self Assessment and other ORTF assessment to ensure transparency and effective SME Business risk profile management

Risk Governance

• Align the operational risk management approach in function/domain/ to the Risk Management Framework and oversee its effective application across markets.
• Ensure, jointly with the Business / Function that the Process Owners understand and accept their risk management responsibilities in relation to ORTF with clear alignment in support of Business Goals
• Support the WRB RC and its sub-committees in their governance through partnering with business owner on paper submission

Risk Monitoring

• Design, maintain and monitor all controls and monitors with accurate and robust reporting
• Devise mechanism such as assurance programmes, peer review and data analytics to ensure controls effectivness and execution
• Periodically review operational risk assessments to ensure these appropriately reflect changes in environment, mitigating controls and the progress of treatment plans.
• Monitor treatment plans to ensure they are implemented accordingly by the business.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group's 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.

Overall Support across WRB

• Support the overall Business Risk Management agenda within Retail and SME Banking
• Stakeholders management across other Group and country stakeholders

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group's 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 Group and Country SME BRM team members to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Financial Crime Compliance; Staff Conduct]
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

​​​​​​​Key Stakeholders

• Group Head, SME Banking and direct reports
• Group SME Banking Management Team
• Group Head, OTCR WRB and direct reports
• Head, CFCC Personal and SME Banking
• Global Head, Business Risk Management, WRB

Our Ideal Candidate

• 8+ years of Retail experience in managing Process Governance within SME Business (either Product, sales or distribution channels) in a mutli-national financial institution
• Demonstratable prior experience in risk identification and control design will be a key advantage ontop of key stakeholders management across geographic location
• Prior experience with Operational Risk Framework and demonstratable understanding on market dynamics and inherent risk associated with SME business in participating markets
• Strong analytical skills, detail-focused with the ability to interpret large volume of information
• Problem solving skills with ability to influence across all levels of business
• Ability to independently drive initiatives with minimum hands-on supervision.
• Excellent written and verbal communication skills and additional any local languages within our SME participating markets preferable

Role Specific Technical Competencies

• SME Product and Sales Process governance know how with demonstratable proof points
• Prior experience in SME product risk management or SME credit assessment
• Senior management stakeholder engagement skillset
• Effective communication and experience in managing through change initiatives

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months 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 www.sc.com/careers

Tell employers what skills you have

Risk Assessment
Analytical Skills
Enterprise Risk Management
Defense
Assurance
Wealth
Transparency
Risk Management
Business Risk Management
Operational Risk Management
Retail Banking
Life Insurance
Operational Risk
Senior Stakeholder Management
Retirement
Oral & Written Communication Skills

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