• Up to CNY500000.0 per annum
  • Shanghai, Shanghai Shi, China
  • Permanent, Full time
  • Standard Chartered Bank China
  • 11 Jan 18


  • Location: Shanghai, Shanghai Shi, China
  • Salary: Up to CNY500000.0 per annum
  • Job Type: Full time

The purpose of BORM is to assist business heads and Operational Risk Control Owners (RCOs) to effectively manage operational risk within the first line of defense. The BORM must ensure that business implements and maintains operational risk controls in accordance with Risk Management Framework, Group Operational Risk Policies and Procedures.

Leading the way in International Banking. We support the people and companies driving investment, trade and wealth creation across Asia, Africa and the Middle East. And our heritage and values are expressed in our brand promise - here for good. See our Brand and Values

Key Responsibilities/Challenges:

· Quality Assurance: to make sure the quality assurance of operational risk controls in all units across all processes in the corresponding business area.

· Competency and Effectiveness: to be fully competent in control measure skills and methodology in conducting sample testing, quality checking, and monitoring; to be effective in identifying control process gaps, timely escalation of identified issues or risks, and effective actions to mitigate within the accepted timeframe.

· Ensure 1st Line risk ownership: to assist business heads or managers truly own all risks in their business areas.

· Independence toward control management: to conduct independent and effective sample testing, monitoring, and investigation on frontline sales force and all related processes with control measures in order to provide feedback to the business head and control functions in timely manner.

· Monitoring and escalation: To be responsible for monitoring all processes in the corresponding area and escalate any issues and risks to the corresponding control function area and business heads.

· Accountable for implementing and complying with AML requirements when performing duties.



§ 1st Line Business Line Manger

§ Assist in operational risk management;

§ 2nd Line Operational Risk Manager

§ Assist in operational risk management;

§ Country business Heads and RCO

§ Maintain regular dialogue on business unit specific risks and issues in the country.

§ Country / Group Internal Audit Team

§ Support audit check on operational risk management

§ Country Control Function Head

§ Escalate issues and risks and demonstrate effectiveness and capability as BORM.

Selection Criteria:

· Full understanding on Bank's RMF, ORMF and skills in managing operational risk;

· Experience in operational risk management or engineering processes;

· Ability to work in a matrix organisation, leveraging resources across the organisation to complete deliverables;

· Sound judgement and courage to perform a risk and control role and maintain effective working relationship in the first line of defence;

· Possess in-depth knowledge and problem solving skills to function well as a UORM;

· Fully competent in sample testing methodology, conducting quality check and assuring operational risk being properly managed in the first line;

· Bachelor degree or above

A diverse culture
We are committed to building a culture that fosters a diverse and inclusive environment that's free from bias, where everyone can realise their full potential and make a positive contribution. This is just one of our values that is expressed in our brand promise - here for good.