Job Summary

Constructive engagement with the Front Office and other functional teams (CEO's Office and Business Head's Office included) to optimise Risk-Reward across the business underpinned by continuing emphasis on governance and controls.

RESPONSIBILITIES
Effective Committee Governance and Oversight

•    Support Country Chief Risk Officer (CRO) in: 
•    review of relevant portfolios, 
•    discharge of duties as a Country Management Team (CMT) Member and Regional Risk Team. 
•    Co-ordination to ensure efficient running of key Risk meetings, preparation of quality packs and minutes for Country Risk Committee (CRC) & Country Non-Financial Risk Committee (CNFRC) and tracking on closure of deliverables.
•    Support Group Enterprise Risk Management (ERM) team to ensure a smooth landing of ERMF by reviewing and improving country templates for RTF Addendums, EMRF Validation Checklist.
•    Facilitate governance through ERMF in country and ensure co-ordination and feedback loop with the Group teams on roll out.
•    Coordinate with all Country Risk Framework Owners (RFOs) to monitor any changes to RTF documents, Country Risk Appetite.
•    Lead and co-ordinate the implementation & monitoring of the Risk Appetite Document for India in line with the Group Risk Appetite with inputs from all Country RFOs.
•    Embed the process for Credit, Reputational, Climate and Model Risk as Principal Risk Types where the Risk Framework Owner is the CCRO.

Regulatory Affairs
 
•    Lead the risk engagement with the regulator during the onsite Reserve Bank of India (RBI) inspection.
•    Support compilation and ensure timely submission of data requirements from RBI for Risk function.
•    Liaise with key stake holders across Risk teams and Business Team to deliver query resolution / clarification and support the RBI Inspection.
•    Ensure responses to issues raised with respect to Risk function are submitted to RBI.
•    Drive closure of all credit risk and governance related points highlighted by the regulator in both the Preliminary and Final Risk Assessment Report.
•    Facilitate review of exposure in line with Local Lending Policy across CCIB and CPBB portfolios.
•    Lead discussions, interactions with the Statutory Audit for all risk related engagements through the year.
•    Review local account book disclosures, closely work with risk stakeholders across the bank to ensure alignment across units.

Key Stakeholders
Internal
Country Risk, Compliance, Finance and Business heads
CROs for South Asia
Country Management Team & their offices
Country Risk Framework Owners
Group ERM Team

External
Regulators
Auditors

Key Responsibilities

Roles and responsibilities for Regulatory Reporting
 
•    Ensure correctness and timeliness in regulatory reporting.
•    Ensure trending, review and validation of exposure numbers.
•    Prepare or generate and review data points assigned to CRO’s Office.
•    Coordinate with SPOCs for logic or related queries when required.
•    Review and upload MFUs assigned to Risk.
•    Handle change requests and defects related to Risk data points by coordinating with Project / Tech / SPOC teams.
•    Ensure up-to date DOIs / process notes / documentation.
•    Ensure submission of data quality and regulatory issues to Data Governance Forum (DGF).
•    Ownership of the Credit Mid-Level Committee to ensure review of the credit related RBS data points.

ICAAP
•    End to end ownership of the ICAAP document involving significant cross functional work across all risk units and finance.
•    Review Pillar 2 Assessment Papers with Credit Risk, Retail Risk, Market Risk and Liquidity Risk.
•    Ensure preparation and submission of the Base case and Stress case Scenarios.
•    Ensure preparation and submission of the Base case and Stress case Loan Impairment projections.

IFRS 9 In Country Review and Monitoring

•    Ensure detailed review of ECL results under the 24-hour timeline.
•    Continuous engagement with business and finance counterparts on ECL trends and movements.
•    Prepare Thematic Trends review for the Country Risk Committee.
•    Engage with Statutory and Group Auditors on confirming the attestation process.
•    Ensure the IFRS 9 Governance structure in country with the established attestation process.

Increased Engagement with Regulators

•    Strengthening relationship with regulators and communities. 
•    Work closely with all the stakeholders including Compliance to facilitate improved regulatory interface.
•    Ensure effective communication with internal and external stakeholders including Business Units, Risk and other Functions.
•    Provide information to stakeholders in a timely and efficient manner.

Compliance Job Objective
•    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 identify, escalate, mitigate and resolve risk and compliance matters.
•    Contribute to a culture in which all stakeholders feel safe to raise concerns and where risk and compliance matters are addressed, and misconduct appropriately dealt with.

Skills and Experience

Spot issues and solve problems
Take the lead
Collaborate
Communicate
Analytical Skills
Writing Skills

Qualifications

Professional qualifications like a CA or MBA with 10-15 years experience.  Ability to handle data, analyse and provide clear views.  Strong PR skills is a pre-requisite.  Ability to handle work pressure through prioritizing and multitasking would be invaluable.  The details are provided below:  
·    Business Risks: Ability to look through the business results and provide clear commentary from a risk perspective
·    Risk management and control: Expertise in process design and control.  Ability to look through the process issues that is associated with CRO office and wider risk function as appropriate.
·    Strong analytical skills to command the respect of a cross-functional set of professionals at senior level (internal and external) working in open-ended situations.
·    Regulatory framework and requirement: awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role
·    Non-technical skills: significant relationship management experience- with external stakeholder at the most senior levels, including regulators and rating agencies.
·    Languages; English.

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.