Associate Director, Risk

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.Key Responsibilities • Conducting deep dives and investigations to identify root causes for fraud events and enhancement of controls where required.• Conducting review of accounts downgraded to CG 12 or worse to verify whether account management was conducted in conformity to Group standards, policies and procedures including all applicable local requirements.• Assist in carrying out Peer reviews within country/ across regions to validate effectiveness of processes and controls.• Support the R&C Team Lead in framing of effective processes and controls for implementation of Group policies, and local regulatory requirements, within the country.• Coordinate with internal and external auditors on fronting audits & work with various stakeholders in CCIB CC, Operations and support functions for completion of Management Action Plans, including implementation of required process fixes and socialisation of key themes with stakeholders.• Preparation of Lessons Learnt based upon various investigations undertaken.Other activities:Business• Evaluate and identify operational risk implications of business strategies and programmes.• Contribute to and ensure adoption of COO CCIB CC initiatives in the country / countries.Processes• Execution of CST / KCI for relevant processes in the country / countries.• Support the business in the South Asia countries in minimizing operational risks and losses, and investigation of material operational losses to prevent recurrence.Risk Management• Ensure compliance with policies applicable to CCIB CC which impact operational risk. Challenge processes, procedures, and policy if there is opportunity for efficiency improvements.• Identify knowledge gaps, facilitate development of training on Operational Risk for business staff and country Risk &Control Teams.• Drive improvements through the use of A3sGovernance• Assist in the effective running of Country CCIB CC Business Risk Forum (BRF).• Ensure adequate governance and oversight of operational risk through the escalation and appropriate resolution of risk exposures to the Country Risk Committee (CRC) and Non Financial Risk Committees (NFRCs) as required.• Escalate issues, blockages, challenges and trends to Business Heads, Head Risk & Control, as required.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.• Support Head Risk & Control to 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.• Adhere to local regulator (Reserve Bank of India) prescribed responsibilities and Rationale for allocationKey Stakeholders• CCIB Client Coverage teams in the country• Regional and Country COO• Internal Audit• Regional Head of Risk & Control• Business & Country Compliance teams• Operations (GBS / GTO)• IMO Teams• GBS Hub Teams• Country CFCC team• Regulators and their appointed auditors (where applicable)Other Responsibilities• Embed Here for Good and Group's brand and values in first line operational risk management.Key Requirements for the role:• Knowledge of CCIB Client Coverage, Transaction Banking and Financial Markets products - to enable assessment of cross-business issues.• Fair understanding of CCIB Credit Risks and assessment including credit analysis.• Relevant business experience in operations, business analysis or project management.• Strong analytical skills, detail-focused with the ability to interpret large volume of information.• Problem solving skills with ability to influence across all levels of business.• Ability to independently drive initiatives with minimum hands-on supervision.Qualifications • Bachelor's degree in Banking or Finance preferred.• Ideally 2+ years of experience in banking, analytical or another relevant environment• Languages: English and/or local language skills as relevant to country requirementsSkills and Experience • Manage Conduct• Business Facilitation: Leading initiatives to improve Client experience, efficiency, and cost management• Manage Conduct• Manage Risk• Manage Projects• Business Governance & Support: Projects investment governance, product, and process governance, etc• Information Systems - Applications & PC SkillsAbout Standard Chartered We're an international bank, nimble enough to act, big enough for impact. For more than 170 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 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.