Job Summary
We are seeking an accomplished and forward-thinking professional to join our organisation as the Lead of Risk Management, Cross Domain. In this pivotal role you will be responsible for driving risk buy-down initiatives across domains (ET, TSA, ITR) within our TTO Organisation. You will collaborate closely with senior leadership, risk managers and cross functional teams to identify and prioritise elevated risks, develop effective risk strategy and ensure successful delivery of risk reduction measures. The ideal candidate will possess a strong background in risk management, strategic planning & execution with a proven track record of delivering measurable risk buy-downs.
RESPONSIBILITIES
· Develop and execute the plan to deliver risk-buy downs cutting across domains
· Collaborate with senior leadership to define & track risk buydown targets by establishing clear burndown metrics and timelines
· Lead the identification, assessment, and prioritisation of risk & control across strategic initiatives, considering both internal and external factors.
· Work closely with cross functional teams to develop robust risk delivery plans and control measures ensuring alignment with overall organisational goals
· Provide expert guidance and support to project teams in integrating risk management practices into strategic planning and execution process
· Drive implementation of risk treatment plans in partnership with heads of Strategic Programs, track progress and proactively identify and address any barriers or challenges
· Partner with TTO Risk Management teams to develop a risk aware culture across the organisation promoting accountability and ownership of risk buy-down initiatives
· Prepare and present comprehensive risk reports to senior leadership highlighting progress against risk buy-down targets, potential areas of concern and recommended actions
· Collaborate with internal stakeholders including technology, operations, compliance, and finance to ensure a coordinated and an integrated approach to risk management efforts
· Foster effective relationships with external partners consultants an industry experts to leverage their expertise in risk buy-down initiatives
Strategy
• Good understanding of Group TTO strategy and its implications managing strategic programs with respect to technology risk management role.
• Support the Risk Management leadership team in shaping, defining, and driving longer term TTO risk management strategy
• Awareness and understanding of the Group’s and Function’s objectives to deliver risk buy-down initiatives.
Business
• Maintain strong stakeholder engagement with Technology Services, Operations, CMT(s), Risk & Compliance and Group Internal Audit to ensure alignment across stakeholder groups.
• Responsible to follow up on Technology Risk Obligation deadlines.
Processes
• Provide timely and accurate reporting to internal risk assurance teams, and appropriate forums/committees.
• Escalate appropriately to ensure the Global Head, TTO Risk Management is updated and able to intervene as required.
• Ensure risk ownership by AE and Chief Product Owner of strategic programmes – specifically ownership of residual risk evaluations and associated remediation activities.
• Responsible for ensuring compliance with policies applicable to which impact technology risk. Challenge processes, procedures, and policy if there is opportunity for improvement.
Risk Management
• Awareness of relevant risk policies/standards, Group Risk Assessment Methodology (GRAM), risk framework owner role, and first line technology risk management role.
• Responsible for executing risk management responsibilities of the first line of defence as defined within the Technology Risk Policy and Standard, and Group Technology Policy.
• Working closely with Risk Owner and Process Owner, continuously identify and evaluate technology risks arising for new implementation, regulatory and thematic risks, and drive the implementation of appropriate controls to mitigate these risks across technology.
Governance
• Responsible for ensuring adequate governance and oversight over key technology programmes, through the escalation and appropriate resolution of relevant risk exposures to the Non-Financial Risk Committee (NFRC) as required.
• Represent TTO Risk Management in PGSC, QPR and Steer Co meetings, update progress on risk buy-down against targets.
• Awareness and understanding of the technology regulations for key markets in which the Group operates.
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.
• Support the Global Head, TTO Risk Management to achieve the outcomes set out in the Bank’s Conduct Principles.
Key stakeholders
• Enterprise Technology
• Technology Strategy and Architecture
• TTO MT
• TTO Non-Financial Risk Committee
• TTO Risk Management MT
• Regional CTTO and Country CTMs
• Risk Framework Owners
• Functional Partners including Risk, HR, Finance, Audit, etc.
Our Ideal Candidate
· 10+ years' experience in risk management strategic planning and organisational leadership, preferably in a complex organisational setting
· Demonstrated track record of successfully delivering major programs, risk-buy downs through effective risk management strategies and initiatives
· Strong analytical skills with the ability to identify, assess, and prioritise risks, and develop innovative risk mitigation strategies
· Excellent communication and interpersonal skills, with the ability to engage and influence stakeholders across all levels in the organisation
· Exceptional leadership abilities, with a track record of driving change, fostering collaboration, and achieving results
· Strong project management skills, with the ability to manage multiple initiatives concurrently and deliver them on time with quality
· Proficiency in risk management frameworks, methodologies, and tools
· Professional certifications in project management, risk management are highly desirable
· Experience in implementing risk management practises across diverse functional areas and business units is preferred
Role Specific Technical Competencies
· Manage Compliance
· Manage Privacy and Secrecy
· Manage Records Management
· Manage Data Quality
· Manage Data Sovereignty
· Manage People
· Business Process Improvement
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
