Job Summary

Chief Risk Officer, Korea 

• Hiring Dept: CRO, Korea
• Role: Chief Risk Officer in Korea
• Band: MD
• No of hires: 1

Key Responsibilities

The role of Country Chief Risk Officer, Korea (CCRO, Korea) is responsible for leading the Risk function in Korea. The role has oversight responsibilities for all risk disciplines in Korea and acts as Risk’s senior contact point for both internal stakeholders and external regulators.  
The job holder is expected to partner with internal stakeholders from all areas to deliver the right outcome for Bank. Specifically, he/she is expected to drive risk process optimization as well as business growth in the context of agreed risk appetite.

As CCRO, Korea

• Inform the development of business plans with the provision of cost and impairment forecasts and a balanced judgement on the external environment.
• Contribute to the development of performance management processes, to encourage the development of an appropriate risk culture and discipline.
• Embed innovation, digitization, and analytics by defining and actioning the future-state analytics operating model.
• Responsible for risk related disclosure to regulators, investors, analysts, and rating agencies (such as annual and interim results, Pillar 3, and that ensure they are compliant with applicable regulatory requirements)
• Represent the Risk function in relevant committees or management forums.
• Supervise the teams to achieve sound management of all aspects of risk in country.
• Appraise and contribute to the development of the Bank's strategic plans.
• Align the strategy of the Risk function with business strategy and risk appetite and oversee its execution.

Required Qualifications

• Minimum 10 years of financial banking services experience, in risk management, compliance, finance or control management.
• Deep understanding of various risk types and risk management strategies.
• Proficient in policies and procedures, with the ability to implement change seamlessly.
• Excellent organizational skills, with the ability to work under pressure and manage time and priorities effectively with minimal supervision.
• Highly effective written and verbal communication skills, with the ability to communicate clearly and concisely to audiences at all levels of seniority.
• Strong analytical, interpersonal, and leadership skills; organized, motivated, and proactive, with a willingness to take initiative.

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.