Senior Analyst, Risk & Control
Job Details
Full Job Description
The Role Responsibilities
The
Senior Analyst, Risk & Control is responsible for supporting country
head in managing end to end process risks for Corporate, Commercial
and Institutional Banking Client Coverage (CCIB CC) in the country,
for the processes owned by the Banking Platform in the Single Process
Universe. The Analyst is responsible for supporting and executing the
first line of defence and ensures effective implementation of
Operational Risk Framework (under the Enterprise Risk Management
Framework), process controls and governance within the country.
Strategy
Support Country Lead, Risk & Control for:
- Identification and management of
the end to end processes as defined by the combined CCIB CC Process
Universe and associated risks for the activities carried out by the
business (including hubbed or outsourced).
- Implementing CAS (Control Assessment Standards) to monitor the
effectiveness of the controls and standards governing the end to end
process.
- Escalating significant risks and
issues, through Country / Regional Heads, to the Process Universe
Owners, relevant Risk Framework Owners or Policy Owners.
Business
- Support Country Lead, Risk &
Control for maintaining an awareness of the wider business, economic
and market environment in the country / countries which the Group
operates.
- Continuously support in evaluation
and identification of operational risk implications of business
strategies and programmes and provide guidance on any operational risk
remediation actions.
- Support implementation
and ensuring adoption of COO CCIB CC initiatives in the country /
countries.
Processes
- Responsible for ensuring adherence to specified BAU operational risk
deadlines, along with the consistent execution of CST / KCI for
relevant processes in the country.
- Responsible
for being a key escalation recipient for the business for all
operational risk related incidents and queries that arise in the
country.
- Ensure risk ownership over centrally
/ GBS performed validation checks is retained at the country level –
specifically ownership of residual risk evaluations and associated
remediation activities.
- Responsible for
coordinating with stakeholders in the country / countries, increase
transparency and share key developments, learnings and best
practices.
- Responsible for supporting the
business in the country in minimizing operational risks and losses,
and ensuring material operational losses are investigated to prevent
recurrence.
- Identify non-standard processes
and ensure appropriate control mechanisms are implemented and
approved.
- Responsible for regular dialogue
with CCIB CC and country Compliance teams to ensure that Country Teams
are informed of product changes, regulatory changes, new policies,
compliance reviews and audit
People & Talent
- Responsible for driving
appropriate culture and values within the country. Setting appropriate
tone and expectations for the team, working in collaboration with risk
and control partners across all functions to effectively embed a
strong culture of risk awareness and good conduct for CCIB CC staff.
Risk Management
- Support in
evaluation and identification of operational risks for new products
and new business, regulatory and thematic risks, and drive the
implementation of appropriate controls to mitigate these risks.
- Responsible for raising awareness of business
controls, governance and supervision responsibilities amongst relevant
staff in the country and ensure an appropriate culture amongst all
staff in this regard.
- Responsible for ensuring
compliance with policies applicable to CCIB CC which impact
operational risk. Challenge processes, procedures, and policy together
with Country Heads, if there is opportunity for efficiency
improvements.
- Responsible for speaking out on
emerging risks for the businesses in the country.
- Responsible for identifying knowledge gaps, facilitate
development of training on Operational Risk for business staff and
country Risk &Control Teams.
- Supporting the
Regional / Country Heads in conducting peer reviews.
- Responsible for developing strong working relationship with
country, regional and global stakeholders to facilitate end-to-end
investigation of business issues.
- Responsible
for providing guidance to the business on working towards an advanced
MCA, driving improvements in year-on-year average MCA ratings.
Governance
- Support Country Lead,
Risk & Control in effective running of Country CCIB CC Business Risk
Forum (BRF).
- Support Country Lead, Risk &
Control in ensuring adequate governance and oversight of operational
risk in the country, through the escalation and appropriate resolution
of risk exposures to the Country Risk Committee (CRC) and Non
Financial Risk Committees (NFRCs) as required.
- Responsible for escalation of issues, blockages, challenges and
trends to the Country / Cluster Head, Risk & Control and Country
business head (s), as required.
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
- Corporate, Commercial and
Institutional Banking Client Coverage Heads in the country /
countries
- Regional and Country COO
- Internal Audit
- Regional /
Country Heads of Risk & Control
- Business &
Country Compliance teams
- Operations (GBS /
GTO)
- IMO Teams
- GBS Hub
Teams
- Country CFCC team
- Regulators and their appointed auditors (where applicable)
Other Responsibilities
- Embed Here for
good and Group’s brand and values in Risk & Control team, CCIB CC,
Bangladesh.
- Perform other responsibilities
assigned under Group, Country, Business or Functional policies and
procedures.
Key Requirements for
the role:
- Knowledge of Corporate, Commercial and Institutional
Banking Client Coverage, Transaction Banking and Financial Markets
products – to enable assessment of cross-business issues.
- Relevant business experience in operations, business
analysis or project management.
- Clear
understanding of the Bank’s Operational Risk Framework or equivalent
experience gained in other organisations.
- Demonstrated history of applying sound judgement with critical
thinking skills and courage necessary to perform a control role and
maintain effective working relationships.
- Strong analytical skills, detail-focused with the ability to
interpret large volume of information.
- Problem
solving skills with ability to influence across all levels of
business.
- Ability to independently drive
initiatives with minimum hands-on supervision.
Our Ideal Candidate
- Education: Bachelor’s Degree
- Training: Role Specific Bank Training
- Membership: Professional Membership Useful But Not
Mandatory
- Certifications: Internal
Certifications
- Languages: English, Bengali
Role Specific Technical Competencies
- Data Gathering and
Reporting
- Internal Controls
- Operational Risk
- Process
Improvement
- Regulatory Environment - Financial
Services
- Risk Management
About Standard Chartered
We're
an international bank, nimble enough to act, big enough for impact.
For more than 160 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
- Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
- 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.
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Senior Analyst, Risk & Control
Standard Chartered
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