Job Summary

•    Executive Director–level Product Risk Manager accountable for the effective oversight and control of product-specific risks arising from the global distribution of treasury products to WRB clients.
•    Oversees risk across Equities, Fixed Income, Structured Products, FX, DA and derivatives with recognized subject-matter depth in FX derivatives and margin trading.
•    Accountable for the sound calibration, monitoring, and escalation of margining, leverage, and concentration risks within complex, multi-system environments.
•    Operates as a senior risk authority and trusted advisor, proactively sourcing information, exercising independent judgment, and delivering clear, decision-ready risk assessments to executive management.
•    Reports to the Global Head of CMPS.

Key Responsibilities

Strategy
•    Set and maintain a robust product risk oversight framework that translates firm-wide risk appetite into actionable product-level controls.
•    Provide authoritative challenge on margining methodologies, stress assumptions, and concentration frameworks, with particular depth in FX derivatives and margin trading.
•    Identify and assess structural, emerging, and cross-product risks, ensuring timely senior awareness and mitigation.
•    Influence strategic initiatives by articulating risk implications, trade-offs, and constraints at an executive level.
•    Act as a senior point of reference on product risk themes for executive management and governance bodies.

Business
•    Serve as a senior product risk counterpart to Global Product Managers, Country Product Heads, and Distribution Segment Heads.
•    Proactively engage stakeholders to source, validate, and challenge risk-relevant information across regions and asset classes.
•    Enable informed business decisions by providing clear, balanced, and independent risk views, particularly in relation to FX derivatives exposure.
•    Ensure that risk considerations are embedded in business discussions, without assuming ownership of commercial decisions.
•    Represent product risk positions with credibility and authority in senior forums.

Processes
•    Own and continuously improve product risk monitoring, escalation, and reporting processes.
•    Lead the definition, review, and refinement of margining calibration frameworks, including stress add_ons, concentration overlays, and wrong-way risk indicators.
•    Ensure consistent identification and oversight of client-level and portfolio-level concentration risks.
•    Oversee effective integration of product risk controls within complex technology ecosystems (including margining engines such as MarginMan), focusing on data quality, transparency, and control robustness.
•    Drive standardisation and scalability of risk processes across regions while accommodating local regulatory requirements.

People & Talent
•    Able to build a trust relationship across departments and functions, at various levels (from support teams to top management)
•    Be able to think strategically, lead projects and work with a high degree of autonomy

Risk Management
•    Ensure product-level risks are measurable, transparent, and controlled within approved risk appetite.
•    Exercise independent challenge on:
o    Margin sensitivity to volatility and market stress.
o    Tail risk, correlation, and wrong-way risk dynamics.
o    Stress testing and scenario design at product level.
•    Monitor key risk indicators and escalate material issues decisively, with clear articulation of impact and recommended actions.
•    Partner with Market Risk, Credit Risk, Operational Risk, Legal, and Compliance to ensure coherent risk coverage, while maintaining a distinct product-focused remit.
•    Provide senior risk leadership during market stress events, ensuring executive management receives timely, accurate, and actionable insights.
•    Identify and share industry best practices
•    Identity weakness in existing processes and suggest sustainable solutions

Governance
•    Act as a core contributor to global and regional governance forums overseeing treasury product distribution.
•    Ensure clear documentation, traceability, and accountability for risk assessments, challenges, and decisions.
•    Deliver concise executive-level risk communications, translating technical detail into decision-relevant narratives.
•    Support regulatory reviews, audits, and internal assurance activities related to product risk.
•    Reinforce a culture of constructive challenge, discipline, and transparency across global distribution teams.
•    Accountable for satisfactory closure of issues / gaps arising from Internal Audits, peer reviews and regulatory reviews for the areas of work
•    Adherence to confidentiality agreement always
•    Adherence to Group Policy and Code of conduct always

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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders
•    Global Head of CMPS Legal, the Global Head of CMPS Compliance and the Global Head of Risk
•    Other Internal Stakeholders: Local Product Heads, Digital Solution team
•    External Stakeholders: external counterparties

Other Responsibilities
•    Embed Here for good and Group’s brand and values in CMPS Group; Perform other responsibilities assigned
•    under Group, Country, Business or Functional policies and procedures

Our Ideal Candidate

• 10+ years of expereince in treasury products and derivatives (especially FX and margin trading), with a strong grasp of margining, leverage, and concentration risk.
• Bachelor's degree
• Operates as an independent, senior risk authority who can provide clear, decision-ready challenge to senior management and business heads.
• Thinks strategically and holistically across products, regions, and systems, proactively identifying structural and emerging risks.
• Excels at building trust and influencing diverse stakeholders, constructively challenging while maintaining strong relationships.
• Has a proven track record of designing, enhancing, and standardising risk frameworks, controls, and governance in complex, multi-system environments.
• Communicates complex risk concepts in concise, executive-ready language and leads confidently during market stress events.
• Upholds the highest standards of ethics, conduct, and regulatory compliance, reinforcing a strong risk culture across the org
• Certifications CACS 1&2 preferred. 

Role Specific Technical Competencies

•    Industry Knowledge
•    Business Ethics
•    Regulatory Environment - Financial Services
•    Project Management
•    Establishing and Maintaining Trust
•    Products and Processes

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