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 etc

Risk Management

• Work closely with the Business & Client Solutions team to ensure their risk framework efficiently matches the current risks
• Work 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 developments
• Audit face off & task ownership e.g. responding to requests during fieldwork 
• Prepare for audits by ensuring any concerns are fully documented and where possible resolved prior to audit
• Work with audit and be a focal point for them where needed
• Performing risk assessments for ad-hoc events such as external event read-across 
• Primary Risk / Event Incident Response Mgmt. (flash, escalation). 
• All risk incidents are shared across all stakeholders as per policy
• Ensure all risks are correctly logged in a timely manner into the bank’s risk monitoring system
• M7 administration (Risk event logging) 
• RCSA Completion - Refreshes and annual submissions
• Evaluation and escalation of risk profiles to relevant committees / forums
• Control Oversight for GPOs
• Oversight of service management e.g. IGAs, BCP planning, TPCP, TPRM
• Implementation of policies and procedures into BAU (Markets specific and firm-wide

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.
• Lead the team 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.
• Serve as a Director of the Board 
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent) 

Other Responsibilities

• Embed Here for good and Group’s brand and values in team 
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
• Multiple functions (double hats)

Key stakeholders

• Trading and Sales
• COO
• Operations
• BRMs
   

Skills and Experience

• Operations Back Office    
• Process Improvement     
• Managing Change     
• Operational Functions    
• Operations Risk Management

Qualifications

• University degree preferred

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.