Job Description
The Role Responsibilities
Job Summary
Overview
RRSD Unit faces the Group Risk Function with a peripheral support to CEO CIB Function. It handles wide spectrum of activities to support the Enterprise Risk Analytics, Traded Risk Management, Risk & Compliance Reporting teams of the Group Risk. The unit is also currently expanding itself to support the CEO CIB Office with Credit Portfolio Management. Various sub-units underneath RRSD are listed below:
BCBS Central Coordinator
The role holder will be a part of the Risk Governance hub in Bengaluru/Chennai India, to provide support in embedding, monitoring and improving governance to comply with BCBS 23+ requirements. The role holder will work in close alignment with an onshore team that leads the implementation of compliance with BCBS 23+ for Standard Chartered and senior stakeholder management.
Responsibilities
Strategy
• Awareness and understanding of the Group's risk strategy, frameworks and regulatory requirements appropriate to the role.
Business
• This is a role which includes providing support to the lead in supporting ERM-related obligations, including implementing validation and effectiveness reviews in BAU and supporting the annual BCBS 23+ self-assessment process across the Group
Processes
• The role holder is not responsible for specific processes, as per the Operational Risk Type Framework.
People & Talent
• The role holder will not initially have any direct reports, however, should lead through example, to build the appropriate culture and values and work in collaboration with a broad group of stakeholders.
Risk Management
• Ensure that risks are properly identified and mitigated, and issues are appropriately escalated.
Governance
• Ensure that outcomes delivered, including necessary controls are fit for purpose and meet regulatory requirements
• Ensure the Bank's risk governance disciplines are adhered with.
• Awareness and understanding of the regulatory framework (specifically BCBS 23+) in which the Group operates, and the regulatory requirements and expectations relevant to the role.
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 team 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
• The role requires providing support to the Lead while working closely with BCBS 23+ Programme team, control document owners, Risk Governance and Enterprise Risks team, Risk & Compliance, Finance, Group Treasury and Information Technology functions within the Group.
Other Responsibilities
The following key responsibilities are indicative and specific activities will be prioritised based on agreed action plans.
BCBS 23+ Obligations
• Assist in ensuring continued codification of BCBS 23+ requirements in ERM-related control documents
• Provide support to ensure that the BCBS 23+ Obligations (ERM-related) are met through control documents and underlying activities
• Update and maintain the BCBS 23+ Obligations Register
Validation and effectiveness review
• Independently validate that BCBS 23+ requirements are codified in relevant control documents of the Group
• Independently validate outputs of BCBS 23+ committee effectiveness reviews of relevant senior risk committees
• Assist with implementation of Validation and Effectiveness Review Standards (VERS) in BAU, including conversion of VERS results to BCBS 23+ level of compliance
• Facilitate parallel run of VERS with end-2026 and end-2020 self-assessment process, and analyse outcomes from both
BCBS 23+ – Group level assessments
• Governance: Provide support for developing or updating key reference documents, i.e. self-assessment guidelines, para interpretations, conditions for full compliance
• Process: Support the ERM Governance Lead, to assess the level of compliance with relevant BCBS 23+ owned obligations based on inputs from relevant stakeholders and contribute to the Group's overall assessment
• Provide support in developing methodology to integrate BCBS 23+ Self-assessment with ERMF Effectiveness Review
Rollout of new PRTs and Countries
• Provide support in co-ordination and oversight of additional PRTs and country roll out e.g. tracking mechanisms
Generic:
• Participate in at least 2 days of volunteering per year
• Participate in engagement activities
• Be motivated and actively engage in activities like innovation and automation initiatives
• To hold assigned roles of First Aider / Fire Warden / ADCC as appropriate and discharge the expected responsibilities.
Our Ideal Candidate
Post graduates / Professional qualification with 7/10/13+yrs experience in Risk domain
Risk Certifications from established institutions is recommended
FRM Certified candidates will be preferred
Any technical Certification in MS Office Advanced tools / SQL / Tableau / SAS will be preferred
General Skill Set:
• Qualified to Bachelor / Masters Level in Finance or related subjects
• A good understanding of Risk domain (covering Financial and Non-Financial risk types)
• Experience in MS Excel and advanced PowerPoint (assemble data in .pptx presenting to senior management)
• Commendable documentation skills
• Excellent communication skills - verbal and written
• Be a self-starter with an ability to work in a global team
• Have excellent attention to detail
• Capability to work independently
• Extremely organized which will facilitate on easy follow-ups/track responses etc
• Logical and reasoning skills
• Be able to implement strategic ideas and enhance productivity and efficiency levels
• Significant Experience in major regulatory programs in the Risk/Finance, Banking industry – BCBS,IMM,CVA etc 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 with minimum global standards for annual and public holiday, which is combined to 30 days minimu
• 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. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website
Job Summary
Overview
RRSD Unit faces the Group Risk Function with a peripheral support to CEO CIB Function. It handles wide spectrum of activities to support the Enterprise Risk Analytics, Traded Risk Management, Risk & Compliance Reporting teams of the Group Risk. The unit is also currently expanding itself to support the CEO CIB Office with Credit Portfolio Management. Various sub-units underneath RRSD are listed below:
BCBS Central Coordinator
The role holder will be a part of the Risk Governance hub in Bengaluru/Chennai India, to provide support in embedding, monitoring and improving governance to comply with BCBS 23+ requirements. The role holder will work in close alignment with an onshore team that leads the implementation of compliance with BCBS 23+ for Standard Chartered and senior stakeholder management.
Responsibilities
Strategy
• Awareness and understanding of the Group's risk strategy, frameworks and regulatory requirements appropriate to the role.
Business
• This is a role which includes providing support to the lead in supporting ERM-related obligations, including implementing validation and effectiveness reviews in BAU and supporting the annual BCBS 23+ self-assessment process across the Group
Processes
• The role holder is not responsible for specific processes, as per the Operational Risk Type Framework.
People & Talent
• The role holder will not initially have any direct reports, however, should lead through example, to build the appropriate culture and values and work in collaboration with a broad group of stakeholders.
Risk Management
• Ensure that risks are properly identified and mitigated, and issues are appropriately escalated.
Governance
• Ensure that outcomes delivered, including necessary controls are fit for purpose and meet regulatory requirements
• Ensure the Bank's risk governance disciplines are adhered with.
• Awareness and understanding of the regulatory framework (specifically BCBS 23+) in which the Group operates, and the regulatory requirements and expectations relevant to the role.
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 team 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
• The role requires providing support to the Lead while working closely with BCBS 23+ Programme team, control document owners, Risk Governance and Enterprise Risks team, Risk & Compliance, Finance, Group Treasury and Information Technology functions within the Group.
Other Responsibilities
The following key responsibilities are indicative and specific activities will be prioritised based on agreed action plans.
BCBS 23+ Obligations
• Assist in ensuring continued codification of BCBS 23+ requirements in ERM-related control documents
• Provide support to ensure that the BCBS 23+ Obligations (ERM-related) are met through control documents and underlying activities
• Update and maintain the BCBS 23+ Obligations Register
Validation and effectiveness review
• Independently validate that BCBS 23+ requirements are codified in relevant control documents of the Group
• Independently validate outputs of BCBS 23+ committee effectiveness reviews of relevant senior risk committees
• Assist with implementation of Validation and Effectiveness Review Standards (VERS) in BAU, including conversion of VERS results to BCBS 23+ level of compliance
• Facilitate parallel run of VERS with end-2026 and end-2020 self-assessment process, and analyse outcomes from both
BCBS 23+ – Group level assessments
• Governance: Provide support for developing or updating key reference documents, i.e. self-assessment guidelines, para interpretations, conditions for full compliance
• Process: Support the ERM Governance Lead, to assess the level of compliance with relevant BCBS 23+ owned obligations based on inputs from relevant stakeholders and contribute to the Group's overall assessment
• Provide support in developing methodology to integrate BCBS 23+ Self-assessment with ERMF Effectiveness Review
Rollout of new PRTs and Countries
• Provide support in co-ordination and oversight of additional PRTs and country roll out e.g. tracking mechanisms
Generic:
• Participate in at least 2 days of volunteering per year
• Participate in engagement activities
• Be motivated and actively engage in activities like innovation and automation initiatives
• To hold assigned roles of First Aider / Fire Warden / ADCC as appropriate and discharge the expected responsibilities.
Our Ideal Candidate
Post graduates / Professional qualification with 7/10/13+yrs experience in Risk domain
Risk Certifications from established institutions is recommended
FRM Certified candidates will be preferred
Any technical Certification in MS Office Advanced tools / SQL / Tableau / SAS will be preferred
General Skill Set:
• Qualified to Bachelor / Masters Level in Finance or related subjects
• A good understanding of Risk domain (covering Financial and Non-Financial risk types)
• Experience in MS Excel and advanced PowerPoint (assemble data in .pptx presenting to senior management)
• Commendable documentation skills
• Excellent communication skills - verbal and written
• Be a self-starter with an ability to work in a global team
• Have excellent attention to detail
• Capability to work independently
• Extremely organized which will facilitate on easy follow-ups/track responses etc
• Logical and reasoning skills
• Be able to implement strategic ideas and enhance productivity and efficiency levels
• Significant Experience in major regulatory programs in the Risk/Finance, Banking industry – BCBS,IMM,CVA etc 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 with minimum global standards for annual and public holiday, which is combined to 30 days minimu
• 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. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website
💡 Quick Summary
Seeking a career-building opportunity? The Manager| BCBC Central Coordinator position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore 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.
