Job Summary:

The Operational, Technology and Cyber Risk (OTCR) organisation is instrumental in protecting and ensuring the resilience of Standard Chartered Bank’s operations, data, and IT systems by managing operational, technology and cyber risk across the enterprise. Group OTCR team serves as the second line of defence for assuring that controls are implemented effectively, in accordance with the OTCR Framework, and for instilling a risk culture within the Bank.

The Compliance and Financial Crime Risk (CFCR) organisation partners with internal and external stakeholders to achieve the highest standards in compliance and financial crime risk issues to enable a sustainable business and to fight financial crime. As a function, CFCR acts as the second line of defence by setting out the compliance and financial crime framework with the aim to:

• ensure full compliance with home and local regulatory expectations through managing data conduct, market conduct, client conduct, regulatory conduct, conflicts of interest and non-financial regulatory reporting requirements; and

• protect our clients and communities against money laundering, terrorist financing, sanctions, fraud and other risks, applying core controls such as client due-diligence, screening and monitoring, and strengthening our people’s understanding as to how to identify, manage and mitigate such risks. In addition, anti-bribery and corruption controls aim to prevent colleagues, or third parties working on our behalf, from engaging in bribery or corruption.

Responsibilities:

• The Director, OTCR & CFCR, Functions, GCFO is an important role that requires solid business acumen and a detailed knowledge of the Functions area and understanding of working in a second line capacity within a risk management and compliance organisation. This role is responsible for delivering a unified second line of defence for non-financial risk management of Group Functions within Standard Chartered Bank. The role reports directly to the Head, OTCR and CFCR, Functions, GCFO
• The purpose of this role is to act as the single point of contact (SPOC) within the second line for the Functions area, in respect of all CFCR matters and decisions, providing judgement-based input and advice to ensure effective risk management. Be a trusted partner and collaborate with senior stakeholders including SMEs to ensure that risk management practices are integrated into all aspects of the Functions area. In addition, the role holder provides support to the Head, OTCR & CFCR, Functions, GCFO to execute for the following:

CFCR second line lead for GCFO:

• Support the Group meet its commitment of being "Here for Good" by building a sustainable framework that places CFCR best practice standards, at the forefront of the Group's agenda.
• As an independent second line risk control function, the relevant aspects of the CFCR Frameworks through robust independent risk control and the provision of specialist advice and constructive challenge in a manner proportionate to the nature, scale and complexity of the Group Functions.
• Maintain independence, deliver timely responses, and timely escalation of risks and issues where the management tolerance of the firm (i.e. risk appetite) is exceeded.
• Maintain constructive and effective stakeholder relationships with the relevant business and supporting functions.
• Support the management of regulatory relationships with all of the Group’s regulators, whose rules the Group is subject to.
• For clarity, the first line is responsible for the implementation of CFCR policies and procedures for business processes to the extent the processes have been identified as owned by the Functions, in line with the Group’s process universe as set out in the Group Compliance Risk Framework.

Our Ideal Candidate:

• Substantial experience (10 + years) in Compliance Risk Management. Operational Risk Management is a good additional skill to have.
• Substantial experience (15 + years) in the banking industry
• Demonstrate strong understanding of best practice of compliance and risk management techniques and frameworks, including a rigorous and analytical approach to risk management.
• Understanding of the key features of relevant laws and regulations relevant to the Group and able to demonstrate sound judgement on business practices, regulatory relationship management and reputational risk.
• Excellent analytical skills: ability to think clearly and rigorously about how best to assess existing and emerging risks and readiness, being able to reach a pragmatic approach and direction.

Role Specific Technical Competencies:

• Business Partnering
• Compliance Risk Management
• Operational and Technology Risk Management
• Technology & Information and Cyber Security Risk Management
• Regulatory Environment - Financial Services
• Data Gathering and Analysis
• Functions Knowledge
• Internal Controls
• Risk and CFCR Policies and Standards
• Resilience Risk
• Crisis Management
• Manage People
• Business – Business Partnering
• Business – Process Management
• Relationship Management
• Effective Communication
• Business Acumen
• Managing Change
• Agile (NWoW)
• Regulatory Affairs and Regulatory Change Management

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