Job Summary
This role could be based in Singapore or UK. When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you only select a country where the role is based.
This role is integral to drive the ESG and Reputational Risk agenda and embed the framework within key business processes and across markets.
The Head, Greenwashing risk and ESG regulations will:
· Lead the second-line review and challenge of Sustainable Finance and Sustainability-related activities in driving the management of greenwashing risk.
· Lead the development of the target operating model for Sustainability risk obligations and commitments.
· Lead the regulatory impact assessment of emerging Sustainability and Climate regulatory obligations across countries and Group, working with the Chief Sustainability Officer team, Large Scale Regulatory Change, RIU, Finance and other key stakeholders as necessary.
· Supervise and ensure delivery of Sustainability and Climate regulatory interpretation and policy formulation.
· Supervise and ensure effective monitoring of obligations and provide ongoing attestation to regulatory authorities to confirm compliance to relevant regulations.
· Lead regulatory input across Greenwashing, taxonomies, and Sustainability and Climate regulations.
· Lead the management and assurance behind the Group’s Sustainability-related commitments.
· Ensure the control environment for ESG and Reputational Risk Framework is reviewed for weaknesses.
· Lead the development of ESG Hub in support of Countries’ second line responsibilities, including hiring, and developing and executing an effective training and onboarding programme.
· Provide subject matter expertise in annual Corporate plan review, Risk Appetite setting and ICAAP scenario design.
Strategy
· Transform and execute Sustainability Risk management in alignment with Fit For Growth and ERM Risk strategies.
· Supervise and lead the integration of the Sustainability Risk management across Clients, Third Parties and Operations, in alignment with our Bold Stands and Chapter 3 ambitions.
· Ensure ESG and Reputational Risk contribute Group-wide strategic initiatives and alignment of our portfolio to various external commitments such as Net Zero.
Business
· Drive the embedding of Risk considerations into first-line processes i.e. Businesses, Supply Chain Management, and Functions and ensuring first-line are kept up to date with evolving risk and regulatory landscape.
· Where required, supervise, and endorse enhanced training and guidance materials for the frontline and second-line risk owners.
Processes
· Ensure new areas of risk is integrated in the process universe for ESG and Reputational Risk.
· Supervise the maintenance of formalised procedures and DOIs for relevant ESG and Reputational Risk processes.
People & Talent
· Lead, develop, and build an effective and impactful team within ESG and Reputational Risk.
· Ensure the provision of ongoing training and people development to ensure that holders of critical roles are suitably skilled and qualified for their roles
· Build and promote the appropriate culture and values within the Risk function and across the wider organisation.
Risk Management
· Uphold the integrity of risk/return decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with the reputational and sustainability risk strategy and risk appetite.
· Act quickly and decisively when any risk and control weaknesses become apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees.
· Act as second-line for risk areas aligned to the RTF and Policy as well as review and challenge Standard generation and updates
Governance
· Supervise and ensure the management of ESG and Reputational Risk adheres to the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements.
· Embed the Group’s values and code of conduct in ESG and Reputational Risk.
· Ensure that material risk exposures and related issues are reported to the respective risk governance committees.
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.
· Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
· Lead the ESG and Reputational Risk Team to achieve the outcomes set out in the Bank’s Conduct Principles. Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
Key stakeholders
· Members of the ERM management team
· Members of the Risk management team
· Chief Sustainability Officer team
· Members of CIB, WRB and CABM
· Country Heads
· Country Chief Risk Officers
· CFCC and Legal
· Business Heads
· Other Responsibilities
· Embed Here for good and Group’s brand and values in Risk; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Our Ideal Candidate
· 12+ years of experience in Financial Institutions, with good understanding of wide range of Corporate and Retail banking products.
· Strong understanding of Risk management with track record of transforming risk management strategies into policies and standards
· Strong knowledge of Sustainability risk regulatory landscape, with ability to structure risk management strategy to meet regulatory change in the horizon.
· Good knowledge of Sustainable Finance
· Experienced leader who has managed teams remotely in multiple locations.
· A driver of change, “never settle” in enhancing existing risk management approach.
· Demonstrated ability for problem solving, working independently and attention to detail;
· Strong capability to employ discretion and independent judgments.
· Knowledge of financial and non-financial risks and trends.
· Strong creativity and problem-solving abilities.
· Excellent inter-personal skills; comfortable in building relationships at senior levels and across teams, with outstanding communication skills.
· Confident and self-motivated person with a high level of drive and ability to operate in a fast-paced environment.
· Bachelor's Degree or similar professional qualification.
Role Specific Technical Competencies
· Sustainable Finance and Greenwashing
· Risk and Control
· Regulations for Climate and ESG
· Banking Products
· Data handling skills
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
