Job Description
Role Responsibilities
Strategy
• Support Head, FCC Group and Business Risk Assessment in enhancing the CFCC Risk Assessment and delivering on the strategic agenda for setting, measuring and maintaining Risk Appetite across CFCC. This includes assisting in the design and implementation of the CFCC risk assessment framework and practices to drive standardisation and delivering a data driven approach for inherent risk and ORF data for control effectiveness.
Business
• Understand GRA and CRA standards, processes and implementation milestones
• Support the data identification process and data sourcing activities across the CFCC Risk Assessments including AML, Sanctions, ABC, Fraud for all RAA products in Risk Identification, Risk Assessment and Risk Measurement areas.
• Contribute to the data management processes including identification of CDEs and their associated tiering, completion and sign-off of data SLAs, data lineage documents and data quality checks and assurances
• Identify and support improvements to the end-to-end data management process across the CFCC Risk Assessments
• Support the creation and build of Project Plans to deliver new/agreed iterations of CFCC Risk Assessments including Project Initiation documents, budget requirements, project plans, financial status tracking, benefits realisation and closure reports
• Develop an understanding of the CFCC Risk Assessment deliverables and milestones to provide oversight support, capture dependencies, implementation timelines and track completion status
• Support the coordination and reporting of key CFCC Risk Assessment risks and issues for reporting to the relevant Working Group and Committees
• Contribute to the process maintenance that facilitates high quality DOIs, Controls and ad-hoc quality assurance checks
• Support the Controls execution, testing and evidence collection across GRA and CRA
• Build and maintain an effective and constructive relationship with all key functional and business stakeholders that is based on trust, capability and integrity
• Support the implementation of new Data policies and changes to existing polices in the CFCC RAA team. The policies cover Data Quality, Data Privacy, Records Management, Data Sovereignty, Responsible AI, Explainable AI and Cyber aspects of Data.
• Support the logical aspects of data used for Analytics within RAA and for wider CFCC consumption
Processes
• Contribute to the design and implementation the CFCC Risk Assessment framework and practices to drive standardisation of operational standards, processes, DOIs and controls.
• Develop and maintain effective governance and oversight tools and repositories for DOI documentation and evidence including the CFCC Risk Assessment Document Stack SharePoint site
• Support the Risk Assessment team gather milestones status updates and report at Progress Meetings and Working Groups
• Gather data points to support the design and delivery of the data driven approach for inherent risk and controls effectiveness across the CFCC Risk Assessments
• Support the wider CFCC Risk Assessment Teams with ad-hoc process reviews, enhancements, documentation and data related activities
Risk Management
• Adhere to CFCC standards to promote a culture of consistent standards to be delivered by the CFCC function.
• Collaborate with CFCC stakeholders to ensure proactive and timely identification of risks
• Make recommendations and support implementation to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
Governance
• Maintaining the robustness and effectiveness of DOI and evidence repositories within CFCC Risk Assessment function.
• Assist Risk Assessment team members in the preparation of papers for submission to Working Groups and other Group committees where required, engaging with stakeholders to coordinate input to (and review of) milestones as appropriate.
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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• CFCC Risk Assessment, Risk Measurement & Risk Identification RAA Teams, including GBS Team
• CFCC Management
• CDO Team
• Technology Teams
Other Responsibilities
• Embed Here for good and Group's brand and demonstrate the Valued Behaviours in SGCC.
• Perform other responsibilities as assigned.
Our Ideal Candidate
• At least 5 years' experience in Compliance, FCC, audit and/or regulatory risk management roles at a country/regional or group level preferably around Data policies, sourcing and Data conduct
• Understanding of regulatory frameworks and banking regulations, and best practice risk management techniques
• Knowledge of Standard Chartered Enterprise Risk Management Framework and the Principal Risk Types, and the CFCC function's operational processes
• Ability to coordinate multiple dependencies and challenging stakeholders in a complex environment
• Proven experience working with senior stakeholders
• Good drafting and analytical skills
• Ability to assess risk
• Team player who demonstrates strong interpersonal skills
Role Specific Technical Competencies
• CFCC Policies & Standards
• CFCC Review & Assurance
• CFCC Advisory
• Surveillance Processes
• Investigations
• Risk Assessment
• Enterprise Risk Management Framework
• Operational Risk
• Manage Change
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential
Strategy
• Support Head, FCC Group and Business Risk Assessment in enhancing the CFCC Risk Assessment and delivering on the strategic agenda for setting, measuring and maintaining Risk Appetite across CFCC. This includes assisting in the design and implementation of the CFCC risk assessment framework and practices to drive standardisation and delivering a data driven approach for inherent risk and ORF data for control effectiveness.
Business
• Understand GRA and CRA standards, processes and implementation milestones
• Support the data identification process and data sourcing activities across the CFCC Risk Assessments including AML, Sanctions, ABC, Fraud for all RAA products in Risk Identification, Risk Assessment and Risk Measurement areas.
• Contribute to the data management processes including identification of CDEs and their associated tiering, completion and sign-off of data SLAs, data lineage documents and data quality checks and assurances
• Identify and support improvements to the end-to-end data management process across the CFCC Risk Assessments
• Support the creation and build of Project Plans to deliver new/agreed iterations of CFCC Risk Assessments including Project Initiation documents, budget requirements, project plans, financial status tracking, benefits realisation and closure reports
• Develop an understanding of the CFCC Risk Assessment deliverables and milestones to provide oversight support, capture dependencies, implementation timelines and track completion status
• Support the coordination and reporting of key CFCC Risk Assessment risks and issues for reporting to the relevant Working Group and Committees
• Contribute to the process maintenance that facilitates high quality DOIs, Controls and ad-hoc quality assurance checks
• Support the Controls execution, testing and evidence collection across GRA and CRA
• Build and maintain an effective and constructive relationship with all key functional and business stakeholders that is based on trust, capability and integrity
• Support the implementation of new Data policies and changes to existing polices in the CFCC RAA team. The policies cover Data Quality, Data Privacy, Records Management, Data Sovereignty, Responsible AI, Explainable AI and Cyber aspects of Data.
• Support the logical aspects of data used for Analytics within RAA and for wider CFCC consumption
Processes
• Contribute to the design and implementation the CFCC Risk Assessment framework and practices to drive standardisation of operational standards, processes, DOIs and controls.
• Develop and maintain effective governance and oversight tools and repositories for DOI documentation and evidence including the CFCC Risk Assessment Document Stack SharePoint site
• Support the Risk Assessment team gather milestones status updates and report at Progress Meetings and Working Groups
• Gather data points to support the design and delivery of the data driven approach for inherent risk and controls effectiveness across the CFCC Risk Assessments
• Support the wider CFCC Risk Assessment Teams with ad-hoc process reviews, enhancements, documentation and data related activities
Risk Management
• Adhere to CFCC standards to promote a culture of consistent standards to be delivered by the CFCC function.
• Collaborate with CFCC stakeholders to ensure proactive and timely identification of risks
• Make recommendations and support implementation to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
Governance
• Maintaining the robustness and effectiveness of DOI and evidence repositories within CFCC Risk Assessment function.
• Assist Risk Assessment team members in the preparation of papers for submission to Working Groups and other Group committees where required, engaging with stakeholders to coordinate input to (and review of) milestones as appropriate.
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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• CFCC Risk Assessment, Risk Measurement & Risk Identification RAA Teams, including GBS Team
• CFCC Management
• CDO Team
• Technology Teams
Other Responsibilities
• Embed Here for good and Group's brand and demonstrate the Valued Behaviours in SGCC.
• Perform other responsibilities as assigned.
Our Ideal Candidate
• At least 5 years' experience in Compliance, FCC, audit and/or regulatory risk management roles at a country/regional or group level preferably around Data policies, sourcing and Data conduct
• Understanding of regulatory frameworks and banking regulations, and best practice risk management techniques
• Knowledge of Standard Chartered Enterprise Risk Management Framework and the Principal Risk Types, and the CFCC function's operational processes
• Ability to coordinate multiple dependencies and challenging stakeholders in a complex environment
• Proven experience working with senior stakeholders
• Good drafting and analytical skills
• Ability to assess risk
• Team player who demonstrates strong interpersonal skills
Role Specific Technical Competencies
• CFCC Policies & Standards
• CFCC Review & Assurance
• CFCC Advisory
• Surveillance Processes
• Investigations
• Risk Assessment
• Enterprise Risk Management Framework
• Operational Risk
• Manage Change
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential
💡 Quick Summary
Seeking a career-building opportunity? The Associate| CFCC Risk Assessment position is now open for candidates interested in the Bank Jobs sector. This role in Chennai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
