Risk Simplification Cfcc

Singapore, Singapore

Job Description


Role Responsibilities

  • As an organization we have spent five years strengthening our foundations and demonstrating that we are a profitable and purpose-led Bank that is here for good. Our Strategy sets an ambitious vision for the future requiring us to transform further and faster. Risk and Compliance, Financial Crime and Conduct ("CFCC") have an important role to play in delivering the Strategy. Our vision is to be simple and straight forward to work with and work in, to deliver value through closer partnerships and strategic advice, and be fast, effective decision makers that enable sustainable and safe business growth.
  • To drive, manage and embed our vision, we will need to continue to evolve our risk management approach and risk and control simplification.
  • The key responsibilities of the role holder are to provide leadership and coordination of change delivery across Risk & CFCC transformation initiatives, leveraging relevant risk and control domain knowledge and Subject Matter Expertise ("SME"). The role will be part of a lean team, delivering risk strategy and transformation work.
  • Working with multiple teams in an agile environment the role holder will be expected to adopt a collaborative and flexible approach across multiple initiatives. This is a leadership role, and the successful candidate must demonstrate acumen and delivery capability in enterprise level risk management frameworks and risk taxonomy. We are seeking candidates will knowledge of second line governance, policies, and standards for relevant risks, associated first and second line roles and responsibilities, control assessment and design, and relevant current industry best practices.
Strategy
  • The Risk & CFCC strategy and transformation change portfolio comprises a range of enterprise-wide initiatives that require SME input for delivery. This necessitates significant change management support, impact assessment, planning and stakeholder engagement (across Risk, Compliance and first line), working to tight deadlines and addressing sensitive potential solutions while remaining collaborative, constructive, and transparent in approach.
Business
The role holder will be responsible for providing and coordinating SME inputs, and lead oversight of change delivery across risk and control simplification initiatives linked to the central Risk & CFCC strategy. The role holder will employ best practice in change management, as well as continually focusing on the Group\'s core objectives.
The role holder is responsible for the following in undertaking the role:
  • Oversight of simplification activities in relation to CFCCs risk frameworks, policies and standards that collectively form a hierarchy of governance documents. Ability to benchmark that documentation to industry practice either through previous experience or through industry insights.
  • Oversight to ensure that interconnectedness of risks to documentation and controls is understood, defined, and challenged as appropriate.
  • Any remediation required to documentation is identified and assessed with those accountable and suitable action plans are developed and agreed.
  • Oversight to ensure that interconnectedness of risks to documentation and controls is understood, defined, and challenged as appropriate.
  • SME input and consultation on risk and control simplification.
  • Oversight of change delivery.
  • Ongoing assessment and review of organizational readiness for change and areas of potential risk.
  • Undertake regular engagement with initiative stakeholders to support delivery and identify change requirements.
  • Continually assess change impact through frequent engagement with various stakeholders.
  • Input to communications and training around risk and control simplification, act as a single point of contact.
In pursuit of these responsibilities the role holder is expected to:
  • Have a sound and in-depth understanding of risk and control assessment (as a methodology / process).
  • Be able to engage with senior stakeholders at various levels across the organisation.
  • Effectively manage and address complexity with continual focus on outcomes.
  • Realize synergies and efficiencies and ensure consistency in delivery of outcomes.
  • Work to embed agile principles and ways of working that enable rapid assessment and delivery of impactful initiatives that align with Risk & CFCC Strategy and transformation objectives.
  • Have relevant experience in a CFCC, Operational Risk or similar environment.
  • Be experienced in developing and presenting materials for senior stakeholder review.
Processes
  • Adhere to process and governance requirements as requested by line management.
  • Identify and engage relevant senior stakeholders.
  • Participate in requirements gathering and support change management activities.
Risk Management
  • Ensure all activity adheres to the Group\'s Risk Management Framework, with a specific focus on ensuring effective Change Management and adherence to Operational Risk framework requirements.
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.
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.
  • 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
  • CFCC Framework & Policy team members
  • CFCC Policy and Standard Owners
  • Risk Simplification Programme team members
  • Risk & CFCC COO team
  • Process Owners (first line)
Other Responsibilities
  • As delegated by senior management from time to time.
Our Ideal Candidate
The role holder will have experience of delivering change programmes focused on risk improvement / transformation within the Banking industry, ideally gained in a variety of roles and organisational contexts. In particular the role holder will demonstrate:
  • 5+ years of experience and understanding of risk and controls simplification initiatives, linked to Risk Taxonomy, and policy and standards accountabilities and documentation
  • Strong understanding of agile ways of working and delivering change initiative
  • Experience in Framework and Governance
  • Experience in Compliance
  • Strong interpersonal, relationship building, and influencing abilities
  • Ability to collaborate and work dynamically across a broad range of stakeholders
  • Ability to manage geographically dispersed stakeholder base with multi-cultural awareness and sensitivity
  • Sound judgement on risk framework and standards matters
Role Specific Technical Competencies
  • CFCC Management- Business Acumen
  • Project management experience
  • CFCC Management- Business Ethics
  • CFCC Management- Cross-functional Collaboration
  • CFCC Management- Organisational Governance
  • CFCC Management- Manage Change
  • CFCC Management- CFCC Policies and Standards
  • CFCC Management- CFCC Risk Type Advisory
  • CFCC Management- Risk Assessment
  • CFCC Management- Effective Communication
  • CFCC Management- Regulatory Environment - Financial Services
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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Job Detail

  • Job Id
    JD1356296
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned