Assistant Manager, Risk

Key Responsibilities Summary The Risk Management Specialist is responsible for the implementation and execution of daily risk activities ensuring compliance with regulatory requirements and managing client margin shortfalls This role involves close monitoring of client activities operational risk investigation and coordination with IT for system enhancements The specialist will also be responsible for testing new products updating risk policies and recommending changes to the control environment to mitigate operational risks Key Responsibility The Risk Management Specialist will implement and execute daily risk activities ensuring compliance with regulatory requirements This includes segment-wise monitoring of clients for margin shortfalls and sending margin call intimations The specialist will identify reasons for exchange end-of-day EOD margin shortfalls and report short allocation shortfalls SA04 to the exchange They will also manage the squaring of positions as per policy guidelines and perform trade modifications within specified timeframes Operational loss investigation and root cause analysis RCA are key components of the role ensuring adherence to risk policies and exception reporting The specialist will test new products in the User Acceptance Testing UAT environment and ensure exchange margin requirements are met at all times identifying positions for liquidation in case of client shortfall Updating the scrip basket according to risk policies and exchange circulars and coordinating with IT for system bug fixes and additional requirements are also essential tasks The Risk Management Specialist will challenge and constrain business activities where risks are not aligned with the risk appetite of the business and functions They will recommend changes to the control environment to reduce operational risk exposure within agreed tolerance levels Regular assessment of existing Key Control Standards Key Risk Indicators KRIs and Key Control Indicators KCIs to ensure cost-effectiveness efficiency and relevance will be crucial Skills and Experience Skills Analytical Thinking Attention to Detail Problem-Solving Communication Skills Coordination and Collaboration Regulatory Compliance Risk Analysis IT Coordination Qualifications Qualification - The ideal candidate will have a Bachelor s degree in Finance Business Administration or a related field with proven experience in risk management preferably in the financial services industry They should have a strong understanding of regulatory requirements and risk policies excellent analytical and problem-solving skills and the ability to work under pressure and meet tight deadlines Strong communication and coordination skills along with proficiency in risk management software and tools are essential Certifications - Graduation in any stream preferably in Commerce or Business Management National Institute of Securities Market About 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 do Never settle continuously striving to improve and innovate keeping things simple and learning from doing well and not so well Are better together we can be ourselves be inclusive see more good in others and work collectively to build for the long term What 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 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 10110