Job Summary

This role could be based in India , Poland and  Malaysia. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country

 where the role is based.

Group Internal Audit (GIAI) is establishing a new risk capability within its Chief Operations Office (COO) and is seeking a skilled and experienced Risk Manager. The role aims to enhance governance and risk management to protect GIAI's value and reputation by providing expertise in overseeing, monitoring, and guiding risk management processes. The ideal candidate should have strong business acumen, effective risk management knowledge, and the ability to use technology and analytics for risk identification and response.
Key responsibilities include ensuring robust, effective, and compliant risk management processes, monitoring and reporting on GIAI’s risk profile, and maintaining continuous improvement. Additionally, the role involves “first-line” responsibilities such as managing third-party relationships and other first-line responsibilities in collaboration with the GIAI COO Governance team and SC’s Supply Chain and Third Party Risk Management team

Key Responsibilities

Strategy
•    Align GIAI processes to the Group and GIAI strategy. 
•    Enable faster risk-based decision making. 
•    Utilise data to implement change.
•    Set standards and processes for GIA’s risk management practices

Business
•    Understand the Group’s and GIAI’s structure.
•    Understand audit methodology and key risks impacting GIAI.
•    Understand how to achieve compliance with relevant policies and frameworks, and the overall Group’s Enterprise Risk Management Framework (ERMF)
Processes
•    Integration and Development: Assist in integrating the GIAI COO Risk Capability into GIAI, supporting the Senior Manager, COO in developing and maintaining risk management standards and processes according to the Group’s ERMF and best practices. Continuously improve risk management methodologies.
•    Compliance Monitoring: Monitor compliance with Group policies, standards, regulations, and the Enterprise Risk Management Framework. Conduct pre-implementation activities, impact assessments, and support new policy and procedure implementations.
•    Service Management Support: Aid in GIAI’s Group service management, including intra-group agreements, business continuity planning, staff emergency communications, and third-party relationship management.
•    Inventory Maintenance: Maintain GIAI’s process, risks, and controls inventory, collaborating with process owners to keep it updated. Identify, analyse, and assess risks, and coordinate the Risk and Control Self Assessment (RCSA) process.
•    Risk Management Activities: Complete risk management activities timely and to high standards, including data breach reviews, security business impact assessments, elevated risk treatment plans, conduct risk trigger event reviews, conduct outcomes health checks, regulatory change horizon scanning, and conflict of interest reviews.
•    Control Design and Monitoring: Help design or recommend controls to mitigate GIAI’s risks, agree on control testing and monitoring requirements with process owners, and oversee the effectiveness of controls.
 

People & Talent 
•    Collaborate with colleagues in different locations of the Group and work with various stakeholders across COO and within GIAI. 
•    Work closely with other departments, including Risk, Compliance, and Supply Chain Management, to ensure a cohesive approach to risk management.
•    Understand the roles and expectations of your key stakeholders.
•    Share knowledge and demonstrate openness to learning.
•    Complete all mandatory training on time.
Training & Risk Culture awareness
•    Support the Senior Manager, COO in ensuring that risk management policies are communicated and implemented across GIAI.
•    Communicate GIAI’s risk management objectives, strategies, and progress to stakeholders.
•    Conduct training sessions and workshops to raise awareness of risk management practices and risk culture.
•    Provide guidance and support to COO and audit teams on risk-related matters.

Risk Management

Work closely with COO process owners and audit teams to ensure their risk framework efficiently matches the current risks.
•    Work with Group risk and compliance teams if there are any incidents that need to be reported – making sure that key stakeholders are kept informed of developments.
•    Performing (or coordinating) risk assessments for ad-hoc events, such as external event read-across or conflict of interest trigger events.
•    Maintaining up-to-date and high-quality risk data in the Group’s operational risk system (M7)
 

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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    Ensure GIAI's compliance with relevant laws, regulations, and industry standards related to risk management, including implementing appropriate controls and escalating significant regulatory non-compliance issues.
•    Stay informed about regulatory changes and advise on necessary adjustments to risk management practices.
•    Display exemplary conduct and live by the Group’s Values and Code of Conduct, taking personal responsibility for upholding the highest standards of ethics and compliance. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Identify, escalate, mitigate, and resolve risk, conduct, and compliance issues effectively and collaboratively.
•    Foster a culture where risk issues can be raised without fear and are resolved constructively.
•    Regularly seek assurance that GIAI meets acceptable risk and control standards as defined by the Enterprise Risk Management Framework.

Key stakeholders
•    Colleagues within COO
•    GIAI process owners 
•    Second line risk and compliance function teams
•    GIAI executive management
•    GIAI business planning managers   

Other Responsibilities
•    Be an ambassador of the Group’s values. 
•    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures (as required). This will include supporting the Senior Manager, COO in managing GIAI’s supplier onboarding, contract management, and intragroup arrangements.
•    Support the delivery of GIAI’s priorities and strategic initiatives on ad-hoc basis. 
 

Reporting & Monitoring
•    Develop risk reporting systems with clear data aggregation and quality requirements, ensuring compliance with group policies and standards.
•    Design and implement new dashboards for risk monitoring using tools like Power BI and Tableau, leveraging data analytics for continuous improvement.
•    Identify relevant data sources and propose risk assessment metrics, aligning with stakeholders.
•    Monitor risk and prepare periodic reports for GIAI executive management, providing actionable insights.
•    Oversee responses to risk events, including root cause analysis, lessons learned, and remediation plan reviews.
•    Escalate risks and issues to appropriate forums, maintaining accurate records and agreeing on SMART action plans.

Advisory
•     Provide risk advisory to GIAI process owners in areas such as systems, data and policy changes, ensuring advice provided is consistent and aligned to Group and GIAI standards. 
•    Input into GIAI risk proposals to support sound decision making and promote a healthy risk culture and good conduct.
•    Coordinate with the GIAI Quality Assurance team on the evaluation of the effectiveness if GIAI’s risk management and control processes. Coordinate with other assurance providers and support the Group and GIAI with controls assurance mapping.

Governance 
•    Plan for processes that run automatically with less manual intervention to minimise data risks.
•    Continuously monitor various metrics to measure progress and risks.
•    Consult timely with the responsible persons to gain better knowledge of the risks involved with specific processes.
•    Challenge processes, procedures and policy where there is a more effective way of doing things.
•    Maintain documentation for processes to ensure proper business continuity planning. 
•    Maintain high standards of data quality and compliance with data sovereignty and data confidentiality. 
•    Continuously seek feedback for continuous improvement
 

Skills and Experience

• Knowledge of IA standards and practices
• Risk Management/Assessment
• Internal Controls Evaluation
• Methodology & Systems
• Risk Expertise
• Operational and Technology Risk
• Compliance Risk
• Information and Cyber Security Risk
   

Qualifications

•    A bachelor’s degree or equivalent is preferred.
•    Ideally, a recognised qualification or certification in the field of risk management. 
•    A minimum of six years of experience in the banking industry. Preferably within a risk or control function. The ideal candidate will also have experience of, or exposure to, internal audit and/or previous experience in analysing business processes in a financial services environment. 

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.