About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
As Product Owner for FM Client Journey Risk Squad, drive holistic approach to managing ERMF PRTs within FM risk, that is effective and efficient.
Act as catalyst to embed Client Journey methodology into 1 st & 2 nd line FM risk management ways of working
Focal point for 1 st line Model & Reputation risk management across CCIB
In collaboration with business representatives and 2 nd Line Model & Reputation Risk Management drive design and implementation of target operating model to ensure effective and efficient coverage. Respective Process Owners continue to own and remain responsible for the underlying processes, mitigation controls and remedial actions. This role enables a co-ordinated, holistic view approach and transparency to senior management. Strategy
Establish FM strategic risk management plan, aligning investment and capacity to address top risks
Curate strategic design and integration of Model & Reputation risk management across CCIB businesses
Build shared understanding of risk-based prioritisation of risk investment / activities with 1 st / 2 nd lines of defence (LOD) for FM, and for Model & Reputation risk across CCIB.
Instil 90D backlog discipline into all risk investment / activity to ensure it is appropriately prioritised against other risk and business investments / activities
Work with RFOs to translate high level policy to practical risk-based business / client journey control standards for all PRTs in FM and for Model & Reputation Risk across CCIB
Design mechanism to ensure risk mitigation/cost of control is captured and proportionate to risk
Integrate Model & reputation risk plans into all CCIB business / Client Journey strategic Enterprise Risk Management plans
Define objective standards with RFO to assess control Maturity, Coverage and Effectiveness (MCE) into residual risk ratings
Utilise FM Client Journey Risk Squad to instil holistic approach to risk management that is targeted and proportionate.
Integrate client journey and agile methodology into FM risks management ways of working
Either through leveraging Client Journey Risk Squads or through the establishment of relevant 1 st / 2 nd LOD working groups agree, co-ordinate and oversee CCIB sub-business Model & Reputation risk mitigation plans to completion
Provide check and challenge on RFO and Business risk plans and deliverables; advise on gaps in coverage for risks and regulatory obligations, with recommendation on how to address these; highlight risk activities that are not aligned to risk or their cost of control
Work with ERM RFOs to establish methodology to ensure risk-based approach to coordination and de-confliction of controls (including leveraging strategic controls to manage multiple risk types) and other risk management activities (e.g. e-learning, client communication), including recommending opportunities to combine, merge and remove activity
Support CCIB businesses / client journeys in cataloguing all controls & activities (current and planned) along with their MCE and impact on residual risk
Institute agile risk management into ways of working e.g. handling of Root Cause Reviews
Evaluate the robustness of feedback loop between 1 st / 2 nd / 3 rd LOD risk and control reviews on risk management issues. Where weaknesses or gaps exist, recommend areas for improvement
Curate and socialise best practice risk management across CCIB businesses
Advise Metric Stream and Periscope development teams on technology requirements required to streamline risk planning, alignment and oversight
People and Talent
Lead through example and build the appropriate culture and values. Set the appropriate tone and expectations for the team and work in collaboration with risk and control partners
Employ, engage and retain high quality people and establish an appropriate team structure and capacity plans
Set and monitor job descriptions and objectives for direct reports and provide feedback and recognition in line with their performance against those responsibilities and objectives
Drive appropriate coverage of CCIB Model & Reputation risks and regulatory obligations into control framework
Advise businesses on evolving Model & Reputation risk threats, industry trends and regulatory environment
Escalate material gaps in Model & Reputation risks coverage identified to NFRCs and/or CCIBRC as appropriate
Work with Process Owners to ensure suitable incident management, response and recovery processes are in place, including RCRs / FLPIs
Promote socialisation of lessons learnt across CCIB
Establish framework for oversight of Model & Reputation Risk Treatment actions, Root Cause Reviews and other remediation activities across CCIB
Produce quarterly update to CCIBRC on plan and execution progress
Regulatory & Business Conduct
Liaise with Internal Audit / Regulators as required
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 programme to achieve the outcomes set out in the Bank's Conduct Principles
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
Global Head of FM
Global Head of Model Risk
Global Head of Reputation Risk
CCIB COO MT
CCIB Business Control & Governance Leads
Chief Risk Officer, CCIB
Head of CFCC, CCIB
Head of OR, CCIB
Head of ICS, CCIB
ICEE Project Lead
Internal / external audit
Our Ideal Candidate
FM Sales or Trading experience in global bank
CCIB organisational literacy and network
Excellent project management skills
First-hand experience of non-financial risks and control framework
Adept at critical evaluation of complex concepts and verbose documents
Robust written and verbal communication skills
Proficient at influence across hierarchies and organisational silos
Gravitas to challenge senior management and flag/tackle unpopular issues
Comfort with the Bank's Control Framework and Committee Structure
Advanced level of understanding of the Bank's ERMF
Understanding of external regulatory environment
Multi-cultural awareness. Proven success of working effectively with people of different backgrounds
English language fluency
Project Management Qualification (desirable)
Degree Level Qualification
Apply now to join the Bank for those with big career ambitions.
Internal Number: 6492628
About Standard Chartered Bank
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