Job Summary
Strategy
Non-financial risk management and oversight
• Drive the implementation and oversight of non-financial risk policies in Treasury Markets and provide leadership on embedding controls across relevant non-financial Principal Risk Type Frameworks and Policies.
• Ensure new non-financial risk initiatives and programmes are embedded in the processes and governance framework in Treasury Markets.
• Continuously review and enhance existing control frameworks in Treasury Markets.
Business
Treasury Markets Business support
• Manage and act as single point of contact for operational initiatives including but not limited to:
• Resilience, business continuity, OCIR,
• EUC support
• Audit support
Partnership with stakeholders
Engage effectively with Treasury Market Heads and second line and third line representatives.
Risk Management
Risk Control Self-Assessment (RCSA)
• Drive the periodic RCSA in Treasury Markets and embed controls across relevant Principal Risk Type Frameworks and Policies.
• Ensure that the RCSA framework is embedded adequately and effectively across Treasury Markets.
• Evaluate the adequacy of mitigating controls in place for critical processes.
• Oversee the independent control testing performed by the FM BORMS and the effectiveness of control metrics.
• Work to enhance the system capability and automation opportunities for MI/Reporting.
Key Responsibilities
Monitoring, detection, escalation, mitigation of operational risk and operational losses
· Ensure top risks and associated tolerances are current and are regularly reviewed and reported.
· Monitor non-financial risk, operational events and near misses.
· Escalate issues appropriately when necessary to minimize surprises.
· Provide feedback and direction on operational risk events and remediation.
· Manage the non-financial risk reporting capabilities (M7 etc) for Treasury Markets.
· Provide oversight and support to Treasury stakeholders in performing root cause review of operational risk events for institutional learning and enhancement of controls.
· Lead or support in defining treatment plans for elevated operational risks and events and monitor both the implementation of such plans and the closure of risk treatment.
Governance / committees
· Support and provide input to the Treasury non-financial risk committees and forums.
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 Treasury Markets non-financial risk agenda 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.
· Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
· Treasury OR/NFR Lead
· Treasury Markets Management team and their representatives.
· Global Process Owners
· Group Operational Risk
· Group CFCC partner for Treasury Markets
· Risk Framework Owners
· Group Internal Audit
Our Ideal Candidate
· Overall 10+ years experience, including a meaningful stint within in non-financial risk is preferred.
· Education: Risk Management, Financial, Business, Legal, or equivalent graduate degree from an accredited university.
· Substantial experience from Markets and front office.
· Strong understanding of the risks associated with Markets and front office processes.
· In-depth understanding of the Bank’s Enterprise Risk Management Framework and Operational, Technology and Cyber Risk.
Role Specific Technical Competencies
· Non-financial risk management
· Front office risk management
· Attention to detail
· Strong influencing, teamwork and interpersonal skills
· Succinct communication focussing on key messages
· Ability to manage ambiguity
· Problem solving 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
