JOB SUMMARY

This role could be based in Singapore and UK. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country where the role is based.We are seeking a highly motivated individual with a background in Financial Risk Management, in particular Prime Services, to join our team to provide Second Line oversight of SC Ventures’ (“SCV”) Prime Services related activities.

The ideal candidate will possess strong knowledge of risk management principles, practices, and regulatory requirements across market, credit, operational, Capital and liquidity risks associated with Prime Services business.  Risk Management experience of derivatives and digital assets is a plus.

The successful candidate will be a highly motivated individual who is comfortable leading initiatives in a dynamic environment and a team player who can effectively facilitate the team’s development.  If you are a driven individual with these qualities, we encourage you to apply and become a part of our innovative team.

RESPONSIBILITIES

Strategy
•    Steer the development of the Prime Services initiative with strategic risk assessment and appropriate framework, policies and standards across the delegated Principle Risk Types that aligns with the company's strategic objectives as well as Standard Chartered (SC) Group and regulatory requirements.
•    Lead the review of the risk appetite for the Prime Services initiative and advise appropriate risk adjusted returns.

Business
•    Lead the business in proactive identification and management of risk, aligning with the wider strategic intent and collective agenda for the Prime Services initiative.
•    Provide the business with risk mitigation advise and assist both the business and SC Group in capital impact analysis.
•    Lead the business golive

Processes
•    Propose risk controls across the delegated Principle Risk Types and direct the implementation of the controls.
•    Continuously improve the control environment, operational efficiency and effectiveness of processes relating to the delegated Principle Risk Types.
•    Direct the effective management of risks and compliance with applicable internal policies, and external laws and regulations across SCV for delegated Risk Types
•    Lead the risk exposure monitoring within SCV for delegated financial risk types.

People & Talent
•    Create a culture of continuous learning and development within the business and SCV Risk
•    Create an open environment to stimulate creativity and develop innovative solutions to supports SCV and Group’s aspirations.
•    Live and demonstrate the Group’s values in the daytoday.

Risk Management
•    Challenge the business on risk identification relating to the business activity (e.g. Execution, Securities Financing) across delegated Principle Risk Types and products.
•    Lead the review and challenge of business proposal on Limits and Risk Appetite. 
•    Lead the regular oversight of the risk exposure relating to the business against delegated Limits and Risk Appetite.

Governance
•    Maintain a good understanding of risk governance requirements of key external and internal stakeholders for delegated Risk Types and ensure that these are well understood.
•    Lead policy effectiveness review relating to the business activity.

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

Internal:
Group and SCV:
•    SC Group Traded Risk Management (TRM)
•    SC Group Credit Risk
•    SC Group Treasury Risk
•    SC Group Digital Asset Risk
•    SCV Chief Risk Officer (CRO)
•    SCV Chief Operating Officer (COO) / Accelerators
•    SCV Risk Framework Owners (RFO), and 
•    SCV Functional Subject Matter Experts (SME)

External:
•    Relevant external regulator

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

Our Ideal Candidate
•    Education     Minimum of Degree or other advanced education.
•    Training      Minimum of 10 years of experience in risk management in financial services, preferably within the Prime Services industry.  Experience with derivatives and digital assets trading is a plus.
•    Strong knowledge of risk management principles, practices, and regulatory requirements across market, credit, operational, and liquidity risks associated with prime service
•    Proven experience in developing and implementing risk management frameworks and strategies.
•    Excellent analytical, problemsolving, and decisionmaking skills.
•    Strong leadership and team management abilities.
•    Exceptional communication and interpersonal skills, with the ability to effectively interact with senior management, regulatory authorities, and other stakeholders.
•    High level of integrity, ethical standards, and commitment to maintaining confidentiality.     
•    Certifications     Financial Risk Management is a plus
•    Languages     English

Role Specific Technical Competencies
•    Market / Liquidity
•    Manage Risk
•    C & I Credit Risk
•    Operational Risk
•    Reputational
•    Credit risk for CCIB

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.