Job Summary

Drive the Data Risk & Governance agenda flowing from the Data Conduct Policy and its related Standards for the Transaction Banking (TB) business:
•    Data Sovereignty
•    Data Quality
•    Records Management
•    Data Privacy
•    AI Ethics

Key Responsibilities

Strategy

To ensure control over data, protecting it from unauthorized access, and complying with local regulations:
•    Data Storage and Processing within specified jurisdictions
•    Compliance with local data protections (Ex: GDPR)
•    Access controls and encryptions
•    Data Residency and localization
•    Governance framework for data management. 
•    Mitigating data breaches and unauthorized access

Business

• Work by 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.
• Co-ordinate / drive Data Conduct initiatives across TB, working in close partnership with Cash and Trade business teams on execution of specific deliverables and ensuring the TB approach is coherent and efficient. Also represent TB on CIB and CDO Data Management working groups to ensure proposed initiatives / solutions are fit for purpose and address risk reduction.
• Act as the TB single point of contact on regulatory and internal initiatives (e.g. Data Standards implementation) that impact the wider TB footprint e.g. Data Sovereignty, Records Management and BCBS 239

Processes

• Support Book of Work items to remediate regulatory and audit commitments across TB Data Risks, managing prioritisation, defining, and driving delivery of risk treatment plans, assessing, and reporting progress and risk.
• Shape and drive Book of Work items to remediate regulatory and audit commitments across TB Data Risks, managing prioritization, defining, and driving delivery of risk treatment plans, assessing, and reporting progress and risk.
• Assist all TB Cash and Trade teams to perform the Data Risk Assessment through the DRA tool for any new implementation or process amendment.
• Escalate risks to management or relevant committees in a timely manner. Make recommendations for improvements/changes based on the developed insights.
• Drive completion of key milestones for TB in collaboration with TB/CIB Group Data teams and in accordance with the Risk Remediation Plan / Risk Treatment Plan as appropriate.
• Work with relevant stakeholders to simplify and templatise Group standards and accompanying Country Addenda / Schedule to facilitate operationalization of the standards within TB e.g. Data Sovereignty
• Monitor data risk reduction / reg compliance levels across Data risks. Ensure ownership of tasks is allocated to the correct business or technology representatives for action.
• Monitor, review and report on key control metrics / risk profile related to Data Management across the TB Business. Escalate risks to management or relevant committees in a timely manner. Make recommendations for improvements/changes based on the developed insights

People & Talent

• Work with relevant stakeholders to simplify and templatise Group standards and accompanying Country Addenda / Schedule to facilitate operationalization of the standards within TB e.g. Data Sovereignty
• Actively participate in a strong knowledge sharing and collaborative culture. Raise awareness about the importance of Data Management through education, training, and other awareness program.
• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Effectively engage senior business stakeholders across geographies, including local Audit and CFCC teams when required.

Risk Management

• Partner with Risk Framework Owners/Process Owners to ensure First Line Business & Functions perform Data related Risk & Controls Self-Assessment (“RCSA”) at the required frequency intervals; provide challenge to the risk assessments performed where required; and assess adequacy of controls / in managing their Data risk.
• Monitor data risk reduction / reg compliance levels across Data risks. Ensure ownership of tasks is allocated to the correct business or technology representatives for action.
• Drive superior risk outcomes and risk culture for Data Management in TB

Governance

• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
• Provide feedback on any changes being proposed to the Data policies and underlying standards that impact TB.
• Effectively track the remediation plan and validate compliance upon implementation.
• Adhering to data sovereignty standards and policies and procedures for data collections, use and sharing practises.
• Keep abreast of regulatory changes / updates in the Data Management space through participation in Forums and align / escalate to Group teams.
• Attend relevant Data forums and committees, contributing inputs on data risks as relevant

Qualifications & Experience

• University Degree with a minimum of 10 years of experience.
• Knowledge in records digitalisation/ imaging technology, industry records management tooling/solutions would be an advanta
• Experience in Risk management framework 
• Experience the data management framework.
• Understanding of Records Management/Records Keeping obligations
• Communication & Governance skills
• Understanding of banking products, policies, processes, systems, data flows

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.