Business Operational Risk Manager - Financial Markets

Standard Chartered Bank - UAE

UAE

Ref: HP048-491

Job description / Role

Employment: Full Time

* To assist the GM head in coordinating, driving and directing effective Front Office supervision and control.
* Ensure global best practice and consistency around the region, implementing controls and regulatory and internal requirements.
* Work with global peers and the regional Business Manager to ensure appropriate evolution of the business control environment.

Key Roles & Responsibilities:
1. Lead and support Operational Risk initiatives for the region
2. To be source of reference within the business unit in facilitating and promoting the understanding of Operational Risk and compliance requirements
3. Ensure that MENA GM is in a permanent state of audit readiness
4. Coordinate of audits affecting the business in Pakistan and assist UORMs/BMs with guidance and assistance for all local audits. Ensure lessons learnt are disseminated around the region and acted upon.
5. Proactively communicate with the Business Unit head and OR on operational risk issues. Escalate significant events as appropriate.
6. Review, design and implement control measures and monitoring plans for compliance and operational risk management.
7. Ensure timely and accurate completion of KCSA and KRIs.

KEY RELATIONSHIPS:
* Regional business managers
* Regional COO
* Head Financial Markets Pakistan
* Desk Heads
* Operations
* Legal & Compliance
* SOROs
* IS & IT (Local & Group)
* Internal Audit
* Business COOs
* Auditors
* Regulators

Requirements

* Must have Operational Risk and Financial Markets experience
* A broad understanding of FM core products, business network and structure
* Background in GM Sales and Trading/ Risk Management/Operations or Business Finance
* Interpersonal skills in networking, communication and influence are likely to be important in a multifunctional and multicultural team environment
* Previous project management and organization skills would be an advantage
* Excellent PC skills
* A focused individual who is an excellent communicator with good numerical skills, who has the ability to influence others by showing initiative and creativity.
* Understand the WB regional aspirations and the strategy required to deliver these.
* Quick to recognize gaps and opportunities that would improve operating procedures, people development, risk management and infrastructure.

Equal Opportunity Employer:
Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued and respected for who they are as a person and for what they bring to the organisation.

About the Company

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.

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