Standard Chartered Hiring for Director, CFCC Risk Measurements at India Full Time

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 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.

The Role Responsibilities

• Provide primary support to the Head Risk Measurement and wider RAA team to measure the overall levels of risk exposure vs risk appetite with special focus on FCC List of values covering Country Risk, Industry Risk, IoFC and QoR, etc
• Well versed with Industry best practices eg Wolfsberg Principles and FATF principles and other regulatory bodies
• Own the Process to deliver the Risk Measurement activities especially strengthening the methodology, support in designing the new methodology, ensure its execution in accordance with regulatory and industry expectations. This includes working closely with Risk Identification and Response teams, plus other stakeholders, to ensure that the necessary risk information is available.
• Perform targeted deep dive reviews and thematic analysis
• Contribute to business strategic decision making
• Lead strategic risk initiatives
• Be point of contact to 2/3LOD stakeholders for RAA as a product owner for Risk Measurement

Strategy

• Own the FCC Risk Measurement methodologies, reporting and oversight. In conjunction with others in the team, ensure the necessary information/data is available and collected for the FCC RA LoV. Maintain necessary documentation and approvals.

Business

• Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality CFCC related advice and guidance to enable the business and functions to meet/ achieve their strategic tactical objectives.
• Regular and diarised catch ups with all key business and functional stakeholders

Processes

• Act as Process Owner delegate for the CFCC RA LoV
• Ensure the process is followed and executed correctly, including control execution and testing.

People and Talent

• Lead, develop and train the Risk Measurement team and GBS support
• Act as SME on Risk Measurements and EWRA matters across the RAA team

Governance

• Maintain all DOIs and Guidance notes are update to date
• Prepare Agenda for Risk Committees

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group&rsquos 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.
• Lead theRisk Response team to achieve the outcomes set out in the Bank&rsquos Conduct Principlesfor Financial Crime Compliance
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Other product leads in the RAA team
• Heads of FCC sub-risk types, Policy owners and SMEs.
• Regional / Country Heads of FCC
• Group Internal Audit department, in region and CFCC Assurance

Our Ideal Candidate

• Minimum 15+years of experience Financial Crime and Compliance experience.
• Preference given to individuals who have Senior FCC and Compliance or similar experience.
• Many years of experience working in similar or equivalent roles in an international financial institution.
• Member of recognised Financial Crime certification schemes such as ACAMS is desirable
• Knowledge of the organization’s industry group, trends, directions, major issues, regulatory considerations, and trendsetters ability to apply this knowledge appropriately to diverse situations.
• Knowledge of and ability to create, implement, evaluate and enhance processes in internal controls.
• Understanding of effective communication concepts, tools and techniques ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviours.
• Understanding and insight into evaluating current product quality and production methods and ability to maintains focus on the continuous improvement of processes, products, and services.
• Knowledge of methods and techniques used to identify actual and potential hazards or loss exposures ability to evaluate the risks according to processes and guidelines.
• Knowledge of collaborative techniques and approaches ability to promote a culture of continuous improvement and working together across functions to solve business problems and meet business goals.

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