Business Operational Risk Manager, Financial Markets

Job description / Role

Business Operational Risk Manager, Financial Markets, MENAP

The Business Risk Manager represents the Financial Markets business as the First Line of Defence, implements the Standard Chartered Operational Risk Framework (ORF), and supports the Groups Operational Risk strategy and associated operational risk procedures to ensure that operational risk is effectively managed at the business unit level. The Business Risk Manager must focus on .Financial Markets controls, governance and supervision at all times.

Key Roles & Responsibilities
- Support the business in minimizing operational risks and losses, and ensure material operational losses are investigated to prevent recurrence per group policy.
- Responsible for the timely identification, assessment, mitigation, reporting and escalation of all identified Operational Risk exposures. Assist in the identification of new business and regulatory risks and the implementation of appropriate controls to mitigate those risks.
- To be the source of reference within the business in facilitating/promoting the understanding of Operational Risk and compliance/regulatory requirements.
- With the Senior Operational Risk Officer ,ensure a RCA (Root Cause Analysis) is completed for any audit fail and identified weaknesses in critical processes/significant losses/near misses.
- Ensure timely communication of new/revised external regulations and internal policies.

Requirements

- Knowledge of Financial Markets products.
- Relevant business/function experience in operations, business analysis or project management.
- An understanding of the Bank's approach to the management of operational risk, or equivalent experience gained in other organizations.
- The sound judgement and courage necessary to perform a control role and maintain effective working relationships.

Closing Dates
The closing date for applications is 19/04/2015. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity & Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

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.