The purpose of this role is to support the Head of Policy and Governance Operational Risk in discharging their accountabilities through delivery of the framework and infrastructure for effective management of operational risk.
This role includes design, embedding and governance of the Operational and Technology Risk Type Framework (\xe2\x80\x9cO&T RTF\xe2\x80\x9d) and associated policies and standards, and provide guidance and subject matter expertise.
The role-holder is responsible for supporting the development and enhancement of the OR framework, policies and standards to support all Businesses and Functions in line with the Operational Risk strategy.
This will be achieved through delivery of the following:
Advice & Engagement: Offering a point of deeper expertise around more technical areas of operational risk, including subject matter expertise. Provide guidance and training on various topics in the framework. Continuous collaboration with first and second lines to ensure the management and embedding of OR framework and policies.
Governance: Develop and inculcate the right policy, process, technology and governance architecture, in partnership with ERM and Group Management where appropriate.
Regulatory and Audit: Lead the assurance activities to assess effectiveness and adherence of regulatory requirements, and ongoing monitoring and tracking of actions to closure.
People & Risk Culture: Drive the engagement with Operational Risk enterprise-wide, supporting a culture that recognises and reflects Operational Risk in its operating model and its decision making
Risk System: support engagement with risk system team to ensure policy requirements are effectively implemented in the system.
Processes
Continuously enhance the OR framework and methodology, keeping abreast of external practises through research and participation in industry forums.
Governance
Demonstrate an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
Deliver \xe2\x80\x98effective governance\xe2\x80\x99; capability to challenge colleagues effectively; and willingness to work in an open and cooperative manner with all.
Key Stakeholders
Group Operational Risk Team
Country Operational Risk Team
Key other second line Risk colleagues
First Line stakeholders
Group internal audit
Key change, operations and technology partners / vendors
Other Responsibilities
As delegated by line management from time to time.
Our Ideal Candidate
The role holder will have experience in Operational Risk management within the Banking industry, including relevant regulation and industry trends. In particular, the role holder will demonstrate:
10+ years of experience in Operational risk /Non financial risk
A rigorous and analytical approach to risk management, with attention to detail and effective control execution and due diligence
Experience in enhancing frameworks and policies
Experience of business partnering, including the ability to synthesize and articulate complex and technical topics clearly to diverse audiences
Experience of assurance or audit (preferable)
Ability to manage a diverse and challenging stakeholder community / team
Proven experience with co-ordination of many dependencies in a complex, large-scale environment
Excellent oral, written communication and presentation skills
Strong competence in the use of Excel for analysis of complex data and PowerPoint for communication purposes
The role holder will have specific experience of Operational Risk frameworks and have an in-depth knowledge of some of the key organizational and operational challenges faced by a Second-Line Operational Risk function.
Role Specific Competencies
Operational Risk subject matter expertise
Governance
stakeholder Management
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.
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