Job Description

Role Responsibilities
Strategy

• To work with Global Head of CCR to making processes-related to CCR efficient and fit for purpose for the future.
• To ensure that a strong monitoring and control framework for counterparty limits, portfolio limits, and transactional requirements, is effectively implemented across the Traded Products within Financial Markets (FM) including Banking Book Bonds in Treasury Markets (TM), and for administering related governance and reporting, and improvement of Group / Regional Policies and Processes.
• To manage the Counterparty Credit Risk (CCR) Operational Risk Forum, including performing Annual RCSA, corresponding Mid-year Top-Down Review, and tracking of operational risk issues and events through remediation.
• To ensure the timely and accurate automation and maintenance of Traded Risk MIS reports including the streamlining of operational processes through automated workflow solutions and process/procedure improvement.

Business

• Engage FM and TM stakeholders during excess investigation to raise their awareness of adherence to CCR Standards including CCR Limits and Transactional Approval.
• Partner with CCR Risk Managers and stakeholders (Settlements, CCR Models, FM IT) to enhance risking of CCR exposures including freeing up of Trading Limits for more business in Front Office, and the reduction of technical excesses and investigation with FO.
• Engage with CCR Risk Managers and other FM stakeholders for inefficient processes and pain points, and work on solutions.

Processes

• Oversight of pre-settlement/settlement/banking book bond risk monitoring & management, limit excess risk management, exposure investigation/analysis & reporting
• Supervise onshore and offshore teams\' activities and provide training and development.
• Support CCR Risk Managers in the analyses of trends and root-cause-factors behind daily CCR exposure movements.
• Contribute to the FM strategic system initiatives and new products onboarding through UAT, issue identification and rectification including Trade Processing and Pre-Deal-Checking system enhancements, and credit risk system enhancements.
• Maintain and develop risk capabilities, skills and infrastructure to meet ongoing business needs and plans.
• Ensure effective management of operational risks within the CCR Monitoring function and compliance with applicable internal policies, and external laws and regulations.
• Ensure proper and up-to-date documentation of monitoring control process and procedure

People and Talent

• To build a team culture that focuses on process efficiency and constant solution-seeking mentality.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
• Uphold and reinforce the independence of the CCR Monitoring and CCR Operational Risk functions.
• Lead by example and build the appropriate culture and values within CCR Monitoring and CCR Operational Risk functions.
• Maintain Service Level Agreement with GBS Monitoring Team; Train and develop GBS Team and conduct relevant Service Review Meetings.

Risk Management

• Design and maintain an effective monitoring and control framework for counterparty limits, portfolio limits and transaction requirements.
• Assist CCR Risk Managers to raise issues related to risk identification, measurement, reporting, and modelling, and follow through on rectification.
• Assist CCR Risk Managers to identify material risk exposures and related issues for any needed further escalation to relevant Governance Committees and Risk Forums.
• Ensure the completeness of Operational Risk Control activities, i.e., KCIs/CSTs, Business Continuity Plan, Recovery Exercise, Fire Drills, etc. for CCR Monitoring and identify and address any significant gaps that may exist between them.
• Maintain a good understanding of the requirements of the Bank\'s key external stakeholders in respect to CCR Monitoring and ensure these are well understood internally and reflected in internal procedures.

Governance

• Ensure that CCR Monitoring controls are aligned to CCR Standards.
• Maintain an open and cooperative relationship in dealings with regulators and auditors.
• Assist Risk Framework Owner (RFO) and Group Process Owner (GPO) to implement a robust Operational Risk Framework for CCR Process Universe and oversee its effective application.

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.

Key Stakeholders

• Counterparty Credit Risk Managers
• Financial Markets Sales, Structuring and Trading including Treasury Markets,
• Group Market Risk
• Global, Regional Credit Officers, and Senior Credit Officers
• Group Internal Audit
• Group Operational Risk
• Group Legal and Compliance
• Other Group Head of Control Functions
• Credit Risk reporting and Management Information (CRRMI)
• Counterparty Credit Risk Models (CCRM)
• Risk Data Quality (RDQ)
• FM IT

External

• Local Regulators
• Group\'s external auditors

Other Responsibilities

• Embed "Here for Good" and Group\'s brand and values in CCR Monitoring Team.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

• 5+ years of experience in the Technology space including project management of IT projects.
• Experience in programming skills like Python, C++
• Implementation of system solutions.
• Strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
• Licenses and Certifications / accreditations in IT or technology-related fields
• Significant experience in managing stake holders across businesses and functions.

Role Specific Technical Competencies

• Manage Conduct
• Manage Risk
• Manage People
• Understanding of technology

About Standard Chartered
We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks 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

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