Manager Risk Management and Governance - Saadiq

Job description / Role

Job Description
- To ensure sufficient controls are in place in the leveraged business units to meet regulatory and internal requirements for operational, credit and market risks.
- Assist the Global COO in directing and overseeing the management of operational risks (including Shariah related risks)/other risks/ Governance at the /group business level on an end-to-end basis including driving and directing compliance in Business Units.
- Drive and implement an effective risk management framework, and promote a strong risk management and a compliance culture.
- Partner with business units and risk teams(including Group Risk/Country Risk) on operational, credit, market risks and Shariah to ensure business growth is balanced with risk management and controls. Ensure proper functioning of day-to-day controls and periodic monitoring activities and seek for process improvement activities
- Work with Group / Country L&C/ business credit and market/ and the businesses to ensure there is adequate understanding on Compliance. In addition document and implement controls to ensure compliance with regulations and Group Standards.
- To partner and implement/ improve overall controls within the business units to meet all regulatory and internal requirements.

Key Roles & Responsibilities
- Work as a team in the leveraged business model to drive and support the identification and management of operational risks for Saadiq on a daily basis and a source of reference within the Business Unit in facilitating and promoting the understanding of OR and compliance requirements and issues
- Ensure adherence to the risk management framework in identifying, controlling, monitoring and reporting of risks.
- Partner with leveraged risk teams (Operational, Credit and Market) to ensure accurate and timely delivery of risk information to key stakeholders
- Ensure sufficient actions are undertaken to mitigate, reduce or contain the identified risks and coordinate escalations on issues to CEO and business heads.
- Act as a liaison person between business risk teams and Saadiq on Credit and Market risks issues that Saadiq are exposed to.
- Ensure sufficient actions are undertaken by Business Units to comply with all key regulations, compliance and internal standards.
- Ensure the risks (Operational and Credit) associated with new and changed products, services and business strategy are sufficiently assessed and mitigated.
- Lead and coordinate effort to enhance the general risk management and compliance culture within the business. This includes communication and other initiatives to change mindset and behaviour of staff.
- Ensure all essential policy and regulatory requirements are communicated and disseminated to the relevant parties on a timely basis.
- Ensure risks and issues identified are resolved in an effectively and timely manner
- Attend meetings on performance of data management process, areas needing improvement, and the status of efforts to improve previously identified deficiencies.

Requirements

- Cross team collaboration and leadership skills - proactive engagement with the Business Head, Business Unit Heads and all other relevant parties responsible for operational risk and compliance.
- Effectiveness of the control and monitoring of Operational risk, compliance risk and money laundering prevention at the business level.
- Satisfactory results on audit undertaken by Group Internal Audit, FSA, regulators and external auditors.
- Timely communication of changes to the regulatory environment and internal Policies from Legal and Compliance and Operational Risk Management Group.
- Effective engagement model with key stakeholders in the management of operational, credit and market risk requirements.

Closing Dates
The closing date for applications is 06/04/2015. 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.