The Role Responsibilities Strategy
- Derive and help implement the CPBB Credit Risk Policies and framework in country with the help of respective process owners.
- Responsible for country input for the expense and impairment forecast, including the Corporate Plan process and help drive the critical business discussions to optimise the book and shape.
- Overall management of Management Information process including Regulatory Reporting and Bureau reporting, compliance to the standards, Portfolio Quality Review and data quality management.
- Overall management of Operational Risk profile for CPBB Risk via participating group wide process universe refresh, implementation of ORF (or similar framework) and other non-financial risk management.
- Overall governance oversight on outsourced activities.
- Support regional / entity level risk management reporting, stress testing and other associated responsibilities
- Manage the key business information requirement required to run an effective risk organisation
- Help aligning strategy of the segment risk functions with risk appetite and tolerance and oversee its execution
- Maintain and drive a high standard of resilience against OR events through continuous effort in identifying new, thematic and developing risks, and providing advice through OR Assurance Framework and ad hoc reviews.
Performance Management and Portfolio Review
- Manage process standards for regulatory reporting to compliance and alignment.
- Ensure that relevant local regulatory requirements, Group and Business policies are effectively embedded within business unit. Facilitate the implementation of Control Sample Test (CST), related Key Control Sample Tests (KCST), Key Risk Indicators (KRI) and monitoring plans for compliance and operational risk management.
- Participate in key Global programs like BASEL IV. PCI DSS and Innovation / Transformation.
- Review and Capital / RWA, especially for Standardised portfolio.
Operational Risk & Governance
- Responsible for overall tracking of expenses and cost forecast for CPBB Credit Risk.
- Support on country PQR and with governance responsibilities such as meeting the TOR, minutes and action item tracking. The incumbent is responsible for the timeliness, quality and consistency of the material being used in the PQRs.
- Provide inputs for country or Group risk committees when required.
Regulatory & Business Conduct
- Support CCH and the management team to implement Credit Risk Management Policy framework. Perform independent review and challenge to the policy and to ensure that all standards and polices are aligned with the target governance frameworks and enable effective controls
- Perform Business Risk Management (BRM) role for CPBB Risk.
- Participate Enterprise wise risk management responsibilities including cross-cutting risk type implementation.
- To ensure risks of processing failure are being actively controlled end-to-end
- Embed the Group's values and code of conduct, as it relates to the role remit, to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.
- Engage with relevant audit teams (internal and external) report findings across the relevant functions and ensure feedback is acted upon.
- Maintain governance oversight on outsourced activities by working with outsourcing owners to identify, escalate and mitigate risk issues and same time engage with (OWG) Outsourcing Working group to clarify outsourcing requirements.
- Track and monitor that outsourcing owners have conducted monthly service review meetings, site visits and TPSAs, renewed expiring SLAs and completed their Periodic Risk Reviews (PRR)
People and Talent
- 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.
- Lead the team to achieve the outcomes set out in the Bank's Conduct Principles .
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- Employ, engage, develop, and retain high quality people.
- Lead Singapore Policy & Governance team and provide them support.
- Group Policy & Governance
- Country Finance Team
- Country OR Team
- Country CFCC Team
- Business Risk Management Team
- GBS Test Hub
- Central Outsourcing Unit
- Group Internal Audit
Our Ideal Candidate
- Regulators (Host and Home)
- External Auditor
Role Specific Technical Competencies
- 10+ years of functional risk management experience in Retail, Business Banking or Private Banking credit risk. Active experience in Credit Risk Management or Model Risk is an advantage.
- Appropriate academic training and/or experience in finance, business or Economics; Bachelor's university degree is a must and a post-graduate degree is desired.
- Good knowledge and grasp of banking practice, models, portfolio and risk management in Consumer Banking
About Standard Chartered
- Regulatory framework and requirement: awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role.
- Operational Risk Management and Control: Demonstrated track record in successful management and ability to manage operational risk. Expertise in process design and control
- Ability to prioritise multiple deliverables with demonstrable organizational, project management and time management skills.
- Well versed with various principle and other risk types, its implication of individual and business lending and for overall function.
- Problem Management Process
- Non-technical Skills: Effective collaborative skills that contribute to positive working relationships with both internal and external stakeholders including regulators and rating agencies.
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:
In line with our Fair Pay Charter,
- 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
we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
Recruitment assessments -
- 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
- 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.
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