Join our dynamic team at Standard Chartered as the Manager for Trade Business Risk. In this role, you will be pivotal in overseeing and mitigating risks associated with trade finance activities, ensuring compliance with regulatory requirements, and supporting the bank's objectives while protecting its interests.

This position requires a strong analytical mindset, strategic approach to risk management, and the ability to collaborate effectively with multiple stakeholders both internally and externally.

You will play an essential part in driving the bank’s trade risk framework, providing clarity and guidance to business teams, and fostering a culture that prioritizes prudent risk-taking aligned with the bank’s vision and purpose.

Key Responsibilities

• Lead and manage trade business risk activities, ensuring comprehensive risk assessments and controls are embedded within trade operations.
• Collaborate closely with the trade finance, compliance, and audit teams to identify emerging risks and implement mitigation strategies.
• Provide expert guidance and support to business units on risk policies, regulatory compliance, and best practices.
• Drive risk awareness and ensure teams are equipped with necessary knowledge on trade risk products and processes.
• Conduct regular risk reviews, prepare detailed reports, and escalate issues to senior management as appropriate.
• Engage proactively with regulators, responding to inquiries and ensuring adherence to external requirements and standards.
• Support continuous improvement initiatives including process enhancements and automation to optimize risk controls.
• Maintain up-to-date knowledge of regional and global trade finance risk developments and regulatory changes impacting trade business.

Required Competencies

We seek a professional with a robust blend of competencies that highlight a proactive and collaborative approach to trade business risk management:

• Action Oriented: Demonstrates initiative and drives timely responses to emerging issues.
• Customer Focus: Balances risk management with delivering exceptional client experiences.
• Collaborates Effectively: Works inclusively across teams to achieve common objectives.
• Decision Quality: Uses sound judgment based on thorough analysis and available data.
• Manages Ambiguity: Navigates complex situations with flexibility and resilience.
• Develops Talent: Supports colleagues’ growth through coaching and knowledge sharing.
• Strategic Mindset: Aligns risk management activities with broader organizational goals.
• Courage and Integrity: Challenges deviations and upholds ethical standards consistently.
• Technical Expertise: Possesses deep understanding of trade finance products, market risks, regulatory frameworks, and risk assessment methodologies.

Qualifications and Experience

• Bachelor’s degree in Finance, Business Administration, Economics, or a related field; advanced qualifications or certifications in risk management or trade finance are highly desirable.
• Significant experience in trade finance risk management, preferably within an international banking environment.
• Demonstrated track record of managing risks in trade business, with comprehensive understanding of regulatory compliance, including anti-money laundering and sanctions requirements.
• Strong analytical skills supported by the ability to interpret quantitative and qualitative data effectively.
• Excellent communication and interpersonal skills to liaise with diverse teams and stakeholders.
• Proficiency in relevant risk management tools, systems, and regulatory platforms.

This is a full-time office-based role located in Baghdad. The Manager, Trade Business Risk will work closely with multiple departments, fostering an environment of collaboration and continuous learning. The role demands adaptability, strategic thinking, and resilience to thrive in a fast-paced and complex financial environment. Flexibility around working hours may sometimes be required to meet business needs and regulatory deadlines

As Manager of Trade Business Risk, your insights and leadership will directly influence our risk posture and customer trust. You will contribute to shaping policies that safeguard assets while enabling our trade finance business to seize growth opportunities responsibly.

Your role will also involve mentoring team members, promoting a culture of compliance, transparency, and continuous improvement, all while aligning with Standard Chartered’s ethical values.

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.