This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Job Summary
The role is responsible for the identification, assessment, and mitigation of the local risks within the Markets business. The role requires collaboration with 2nd and 3rd line and BRMs within Markets and CIB to ensure compliance with regulations and to implement effective risk management strategies.
Key Responsibilities
Strategy
- Support in developing risk conduct across Markets, focus on bringing functional teams up to industry standards to ensure team meets policy
Business
Oversight and ownership from a risk perspective of all open risks related to Markets and specifically Business & Client Solutions, this should include all jurisdictions where reporting is required. There should be an emphasis on knowledge in a key markets EMIR / MiFID / DF etcRisk Management
Work closely with the Business & Client Solutions team to ensure their risk framework efficiently matches the current risksWork with operation teams, group risk and compliance if there are any incidents that need to be reported to a regulator - making sure that key stakeholders are kept informed of developmentsAudit face off & task ownership e.g. responding to requests during fieldworkPrepare for audits by ensuring any concerns are fully documented and where possible resolved prior to auditWork with audit and be a focal point for them where neededPerforming risk assessments for ad-hoc events such as external event read-acrossPrimary Risk / Event Incident Response Mgmt. (flash, escalation).All risk incidents are shared across all stakeholders as per policyEnsure all risks are correctly logged in a timely manner into the bank&aposs risk monitoring systemM7 administration (Risk event logging)RCSA Completion - Refreshes and annual submissionsEvaluation and escalation of risk profiles to relevant committees / forumsControl Oversight for GPOsOversight of service management e.g. IGAs, BCP planning, TPCP, TPRMImplementation of policies and procedures into BAU (Markets specific and firm-wide)Regulatory & Business Conduct
Display exemplary conduct and live by the Group&aposs 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
Trading and SalesCOOOperationsBRMsSkills And Experience
Operations Back OfficeProcess ImprovementManaging ChangeOperational FunctionsOperations Risk ManagementQualifications
University degree preferredAbout Standard Chartered
We&aposre an international bank, nimble enough to act, big enough for impact. For more than 170 years, we&aposve 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&aposre 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&apost 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&aposll 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 doNever settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so wellAre better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long termWhat 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 toolkitsA 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.Show more
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Skills Required
Operational Functions, Process Improvement