Director, OTCr

Job ID: 29261

Location: Singapore, SG

Area of interest: Governance, Risk Management & Compliance

Job type: Regular Employee

Work style: Hybrid Working

Opening date: 22 May 2025

**Job Summary**:

- The Operational, Technology and Cyber Risk (OTCR) organisation is instrumental in protecting and ensuring the resilience of Standard Chartered Bank’s operations, data, and IT systems by managing operational, technology and cyber risk across the enterprise. Group OTCR team serves as the second line of defence for assuring that controls are implemented effectively, in accordance with the OTCR Framework, and for instilling a risk culture within the Bank.- The Compliance and Financial Crime Risk (CFCR) organisation partners with internal and external stakeholders to achieve the highest standards in compliance and financial crime risk issues to enable a sustainable business and to fight financial crime. As a function, CFCR acts as the second line of defence by setting out the compliance and financial crime framework with the aim to:
- ensure full compliance with home and local regulatory expectations through managing data conduct, market conduct, client conduct, regulatory conduct, conflicts of interest and non-financial regulatory reporting requirements; and

**Responsibilities**:

- The Director, OTCR & CFCR, Functions, GCFO is an important role that requires solid business acumen and a detailed knowledge of the Functions area and understanding of working in a second line capacity within a risk management and compliance organisation. This role is responsible for delivering a unified second line of defence for non-financial risk management of Group Functions within Standard Chartered Bank. The role reports directly to the Head, OTCR and CFCR, Functions, GCFO
- The purpose of this role is to act as the single point of contact (SPOC) within the second line for the Functions area, in respect of all CFCR matters and decisions, providing judgement-based input and advice to ensure effective risk management. Be a trusted partner and collaborate with senior stakeholders including SMEs to ensure that risk management practices are integrated into all aspects of the Functions area. In addition, the role holder provides support to the Head, OTCR & CFCR, Functions, GCFO to execute for the following:
**CFCR second line lead for GCFO**:

- Support the Group meet its commitment of being "Here for Good" by building a sustainable framework that places CFCR best practice standards, at the forefront of the Group's agenda.
- As an independent second line risk control function, the relevant aspects of the CFCR Frameworks through robust independent risk control and the provision of specialist advice and constructive challenge in a manner proportionate to the nature, scale and complexity of the Group Functions.
- Maintain independence, deliver timely responses, and timely escalation of risks and issues where the management tolerance of the firm (i.e. risk appetite) is exceeded.
- Maintain constructive and effective stakeholder relationships with the relevant business and supporting functions.
- For clarity, the first line is responsible for the implementation of CFCR policies and procedures for business processes to the extent the processes have been identified as owned by the Functions, in line with the Group’s process universe as set out in the Group Compliance Risk Framework.
- Substantial experience (10 + years) in Compliance Risk Management. Operational Risk Management is a good additional skill to have.
- Substantial experience (15 + years) in the banking industry
- Demonstrate strong understanding of best practice of compliance and risk management techniques and frameworks, including a rigorous and analytical approach to risk management.
- Understanding of the key features of relevant laws and regulations relevant to the Group and able to demonstrate sound judgement on business practices, regulatory relationship management and reputational risk.
- Excellent analytical skills: ability to think clearly and rigorously about how best to assess existing and emerging risks and readiness, being able to reach a pragmatic approach and direction.

**Role Specific Technical Competencies**:

- Business Partnering
- Compliance Risk Management
- Operational and Technology Risk Management
- Technology & Information and Cyber Security Risk Management
- Regulatory Environment - Financial Services
- Data Gathering and Analysis
- Functions Knowledge
- Internal Controls
- Risk and CFCR Policies and Standards
- Resilience Risk
- Crisis Management
- Manage People
- Business - Business Partnering
- Business - Process Management
- Relationship Management
- Effective Communication
- Business Acumen
- Managing Change
- Agile (NWoW)
- Regulatory Affairs and Regulatory Change Management

**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 differenc