Senior Manager, Trade Operations Risk & Control Senior Manager, Trade Operations Risk & Control …

Standard Chartered Bank Malaysia Berhad
in Kuala Lumpur, Kuala Lumpur, Malaysia
Permanent, Full time
Be the first to apply
Standard Chartered Bank Malaysia Berhad
in Kuala Lumpur, Kuala Lumpur, Malaysia
Permanent, Full time
Be the first to apply
Senior Manager, Trade Operations Risk & Control
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

Strengthen foundations in Operations Risk & Control - covering front, middle and back offices
  • Identify Top Risk Themes and Trends at a Product level (Trade & CSG) for presenting at relevant forums/committees. Participate in discussions around risk and control at these key forums. Bring out top risks at a product level through Product NFRC's;
  • Identify emerging themes and provide forward looking insights. Provide recommendations for remediation;
  • Contribute to discussions around RCA's wherever required. On need basis, undertake the task of writing the RCA
  • Constantly seek to raise the benchmark on information provided to Operations to raise risk awareness and improve controls;
  • Act as an advisor to countries on risk and audit issues, when approached;
  • Work with countries and GOH (Global Operations Head) office to strengthen the implementation of the ORF framework in countries
Peer Reviews (PR) - covering front, middle and back office functions (Operations)
  • Draw up a Peer Review plan for the year in consultation with key stakeholders based on key risk themes and trends. The plan should be based on a qualitative as well as a quantitative analysis of risk;
  • Ensure flexibility in the PR framework to accommodate locations based on emerging risk themes and trends. PR's to be implemented in a management friendly manner;
  • Implement the PR framework on an e2e basis - planning, resource identification, drawing up of Terms of Reference, discussions around risk issues identified, finalisation of risk issues identified and publication of report. Peer Reviews to be conducted covering the business e2e
  • Present Peer Review report findings to the relevant risk forum
  • Produce regular trend analysis across Operations from operational losses and near misses, audits and Peer Reviews to share learning across products/countries;
  • Leverage on the Ripple framework for the same;
  • Provide update to the operational risk forums on the extent of compliance with the standard of controls expected by Group based on Ripple responses;
  • Track the rectification of the gaps identified in the Ripples with the units concerned.
Strengthening of ORF
  • Review the effectiveness of the Assurance framework in areas of Design, Execution and reporting for the agreed Process Universe;
  • Working with countries on strengthening the same by either directly performing checks or by getting the checks performed by independent risk & control teams in country;
  • Ensuring findings are published at suitable forums
  • Ensure execution of standards is as per Group guidelines
Regulatory & Business Conduct
  • 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 Trade Operations Risk & Control function to achieve the outcomes set out in the Bank's Conduct Principles : [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
  • COO, Trade
  • Regional COO's - Trade
  • Country Trade Operations Heads
  • Regional Risk & Control Heads
  • Country Risk & Control Heads
  • Country COOs
  • Regional COOs
  • GBS Operations Heads
  • GBS Risk and Control Teams
  • Head, Operational Risk, Products
  • Head, GIA - Operations

Our Ideal Candidate
  • A degree or equivalent
  • Strong communication skills - oral, written and presentation
  • Strong understanding of product operations processes
  • Strong operational risk and control skills and experience. Ability to understand emerging risk themes and trends
  • Ability to recommend actions to close risk and control gaps keeping the bank's digitization agenda in mind
  • Have a strategic mindset with the ability to see beyond the symptoms and into the root of the problem.
  • Strong analytical skills and the ability to make sound decisions in a commercial context
  • Ability to work with teams in a multi-cultural atmosphere

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages .