JOB SUMMARY

The role holder is responsible for supporting overall governance and compliance across risk types impacting Transaction Banking (TB), ensuring appropriate governance mechanisms, consistency and efficacy of Policy and Standards application across Transaction Banking.  They should maintain a holistic understanding of risk matters impacting the TB business.  Specific areas of focus for this role are on Risk & Governance Change, and on risk management for the TB Sales Business.

Risk Management

•    TB Sales Business risk management:  Lead first line risk management oversight for the TB Sales Businesses, ensuring end-to-end compliance and design / implementation across all risk types:
•    Undertake BAU management of risk and control related matters in support of TB Sales.  This includes identifying, logging, remediating and reporting risk issues, supporting GPOs / CPOs in the creation and delivery of RCSAs, undertaking proactive analyses and reviews to ensure audit readiness, and working with all lines of defence and Business management to ensure timely and transparent understanding of business risk performance.
•    Ensure alignment of risk principles to business strategy, and ensure the TB business remains prepared for new and emerging risks
•    Ensure TB Sales’ compliance with the banks Frameworks, Policies and Standards
•    Maintain and improve current business processes and associated documentation; maintain relevant Process Universe documents and records
•    Continuously raise awareness and champion a best practice, proactive risk culture
•    Work both at a Group and Country level to ensure best practice/ alignment with nuances being validated.

Governance and Regulatory
•    Risk & Governance Change:  Lead and coordinate change / implementation emanating from Policies and Standards or associated regulation:
•    Act as the primary contact and “Clearing House” for Policy & Standard consultations and impact assessments at a Group level.  Ensure that the correct areas / individuals within TB are involved, and that feedback is provided in a timely manner.
•    Ensure appropriate processes are in place to meet Policy and Standard requirements and changes, maintain a pipeline of work to ensure transparent and clear expectations on the business. 
•    Assess risk and control requirements associated with change initiatives.  Work with RFOs, GPOs, CPOs, and management to ensure change is both compliant and fit for purpose for TB.
•    For selected pan-TB initiatives, take the lead in delivering the change from inception through to completion and transition to BAU 
•    Oversee delivery of regulatory initiatives and adherence to best practice across TB.  Review & challenge where appropriate / required.
•    Maintain an understanding of key change initiatives in the network; maintain relationships with relevant in-country stakeholders
•    Proactively identify opportunities for improving risk and governance across the TB Process Universe Champion CIB alignment to achieve efficiencies where possible

Strategy

•    Identify and highlight any macro risk and control issues arising from Strategy or Transformation initiatives; support mitigating actions as required.
•    Identify opportunities for efficiency across TB governance processes, risk systems and infrastructure. Raise such opportunities with Business Heads, COO and MTs, and implement as required. 
•    Champion standardisation and best practice across TB by working closely with the Product COOs, GPOs, CPOs and all lines of defence in implementation of governance and risk frameworks.
•    Foster alignment with other CIB businesses by maintaining connectivity with relevant counterparts and cross-checking best-in-class approaches.

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. 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.

Key Stakeholders

•    Transaction Banking Management Team & GPOs
•    Transaction Banking Operations Management team
•    Transaction Banking first line Risk and Control Teams 
•    Transaction Banking Country Teams & CPOs
•    2nd and 3rd Lines of Defence and Risk Framework Owners (RFOs)
•    Stakeholders from across CIB and SCB as required

Our Ideal Candidate

•    University Degree or equivalent  
•    Detailed knowledge of Change and Risk management, ideally gained through experience in a mid to senior level role
•    12+ years of work experience in financial services

Role Specific Technical Competencies

•    Understanding of Risk management framework
•    Quantitative, analytical and problem-solving skills with attention to detail
•    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.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers