JOB SUMMARY

• Ensuring timely completion of KCI/CST control checks and submission of RRA
• Responsible for preparing Monthly MI dashboard and discussion with Key stakeholders 
• Collaborate with various GFS units for collating and submitting Risk Forums inputs

RESPONSIBILITIES

• Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group/Country. Managing day to day activities related to Risk management including Risk MI Reporting and Submissions etc.,

Strategy

• Operations Risk Management - Leading the team to achieve the below
• ORF Testing team standardizing the process across countries, 
• Bringing out themes to be tabled at Group Finance FORC,
• Ensure compliance to Governance requirements for migrations 
• Quality assurance review on the testing,
• Embedding Computer Assisted Audit techniques / Automation thereby bringing in scale 

Business

• Performance of testing (CST /KCI)
• Collation and gathering of evidence
• Data quality assurance of inputs
• Sampling as per the CST KCI definition in line with Potential failure and Control descriptions
• Preparation of data collection template to summarize results 
• Highlight the  relevant gaps with respect to Policy/Procedure/Process documents focusing on end to end process  
• Review the current KCI/CST checks and highlight to Process owner/ Group OR to revise the control checks

Processes

• Performance of testing (CST /KCI)
• Collation and gathering of evidence
• Data quality assurance of inputs
• Sampling as per the CST KCI definition in line with Potential failure and Control descriptions
• Preparation of data collection template to summarize results 
• Highlight the  relevant gaps with respect to Policy/Procedure/Process documents focusing on end to end process  
• Review the current KCI/CST checks and highlight to Process owner/ Group OR to revise the control checks

People & Talent 

• Bringing out themes to be tabled at Group Finance FORC,
• Ensure compliance to Governance requirements for migrations 
• Quality assurance review on the testing,
• Embedding Computer Assisted Audit techniques / Automation thereby bringing in scale.  

Risk Management

• Developing New CST/KCI 
•  Evaluating Process universe based on the changes in the process
•  Evaluating Gross Risk 
•  Based on identified causes/controls or changes in process, defining new CST/KCI

Risk Awareness

• Ensure continuous efforts to increase Operational Risk Awareness across units 
• Identify gaps and arrange for periodic training on compliance and OR for staff of the Business Unit.

Governance 

• Track open items from Residual risk acceptance and report to governance forums when due
• Periodically review applicability of CST /KCI, appropriateness of sampling methodology and sample size and work with Global process owners 
• Single point of contact for ORF related queries around ORF for the country
• Update EORP from time to time on account of change in underlying processes and controls and seek approval from Country process owner & OR
• Perform and maintain a sample coverage document

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 India / GFS Unit / GSF function/GFORP Process team to achieve the outcomes set out in the Bank’s Conduct Principles
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Country Business leads, FCs, CFOs, Leadership Team in GFS, Group Finance Ops Risk

Other Responsibilities

• Embed Here for good and Group’s brand and values in India /GFS unit / GFORP Process team]; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

Qualification

• Graduate or Postgraduate
• Minimum 5 Years of experience Risk management. 
• Strong coordination/organizational skills. Ability to work on multiple tasks simultaneously
• Expertise in M7/ KCI/CST controls checks

Role Specific Technical Competencies

• Understanding of Risk Management
• Finance – Functional understanding
• MS Power point
• MS Excel
• Understanding on KCI/CST controls
• Usage of M7
   

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