Job Description
Job: Compliance
Primary Location: Asia-India-Bangalore
Schedule: Full-time
Employee Status: Permanent
Posting Date: 02/Mar/2026, 7:07:25 AM
Unposting Date: Ongoing
Role Responsibilities
The Group Risk Assessment (GRA) team is responsible for the execution of the CFCC Group Risk Assessment (FCC GRA), which provides a focused view of the inherent AML, Sanctions and ABC risks to which the Bank is exposed and the effectiveness of the controls that manage those risks.
The role has the following key deliverables:
• Execution: Provide support in the execution of the Group Risk Assessment, specifically the Control Effectiveness Assessment.
• Assurance: testing and challenge of incoming controls data to determine the appropriateness of ratings.
• Governance: Preparation of risk assessment analysis and reporting summaries.
• Support GRA end to end enhancements – Methodological Changes, new approaches etc.
Some of the key responsibilities include:
• Work collaboratively with peers and senior managers within the CFCC Risk Assessment Team and Wider CFCC (2LOD) and relevant process owner within 1 LOD in order to contribute to the strategic decision-making process for the Group Risk Assessment (“GRA”). Strategic planning may include, but is not limited to, assessing and understanding industry practice and trends in risk assessment; understanding the requirements and needs of relevant stakeholders; defining the key objectives of the GRA; and identifying resourcing requirements and timelines.
• Provide key stakeholders with guidance and direction in understanding, correctly interpreting and applying the requirements, methodological approach and assigned responsibilities relevant to the execution of the GRA.
• Work with key stakeholders in the First and Second Lines of Defence, participate in the assessment and challenge of the control evaluation results and outcomes from the GRA.
• Participate in, and contribute subject matter expertise to, the development and periodic review and revision of the methodological approach for the GRA.
• Work with the CFCC network and other key sources across the Group to collect the qualitative and quantitative data necessary to support the end-to-end GRA activities.
• Design and deliver training and awareness plans and associated materials in order to support the understanding of the Business and FCC Teams and other key stakeholders.
• Make recommendations to relevant stakeholders on possible risk management responses to identified risks in order to ensure the insightful, accurate and meaningful assessment of risks within the GRA.
• As required from time-to-time, prepare bespoke reports that highlight areas of focus, emerging Risk trends or other relevant insights based upon the analysis and outcomes of the GRA.
Strategy
• Contribute to the execution of the CFCC GRA process team by challenging incoming information and providing insights on finalized results
Business
• Provide stakeholders with guidance and direction in understanding, correctly interpreting and applying the requirement and assigned responsibilities relevant to the execution of the CFCC GRA
• Provide assistance in assessing and challenging the control evaluation results proposed by countries and Process owners.
Processes
• Work with the CFCC network across the Group to assess and collect the qualitative and quantitative data necessary to support the end-to-end CFCC risk assessment activities.
• Assist the performance by Region, Country and Business Teams of Quality Assurance ("QA") for the collected data and their performance of general data management and gathering responsibilities.
• Design, develop and deliver materials which support users in understanding the CFCC Global Risk Assessment activities that they are required to perform, including Desk Operating Instructions, guidance papers and explanatory presentations.
• Creation of training and awareness plans and materials to deliver understanding and support to the Business and CFCC Teams as well as other key stakeholders.
• Provide advice and guidance to relevant stakeholders in compliance with the defined standards and requirements for accurate and timely execution of the CFCC RAs.
• Collate and input to the documentation of system requirements and oversee testing of delivered modules of system-based functionality.
• Contribute to the development and documentation of new processes and procedures designed to improve efficiency and effectiveness of current risk assessment processes
People & Talent
• Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
• Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
• Collaborate with training teams to input to training curriculum to support closing of capability gaps.
Risk Management
• Be fully conversant with and correctly apply Group and CFCC Policies and Processes in order to manage risks.
• Make recommendations to relevant stakeholders on possible risk management responses to identified risks in order to ensure insightful, accurate and meaningful assessment of risks within the CFCC RAs.
• Contribute to advising relevant stakeholders of the outcomes of risks identification and assessment
• methodologies.
• Ability to understand business problems and CFCC risks, how data analytics can be used to solve these issues and generate mitigating strategies.
• Assess risks arising from products / segments / geographies / customers / transactions.
• Derive Risk Insights from various assessment results and related data
• Validate the output from analytical models created with the objective of identifying financial crime and escalate issues of concern and / or provide feedback on how models can be improved and adapted.
• Providing guidance to Heads of CFCC Regional Governance, CFCC Country Heads and CFCC Segment Heads on the drivers behind AML and Sanctions inherent risk in their Region / Country / Segment.
• Prepare bespoke Inherent Risk Reports that highlight areas of focus and emerging financial crime trends by providing insights into client, product and transactional risk.
• Support the delivery of the annual GRA.
Governance
• Attend and actively contribute to relevant leadership and oversight meetings.
• Contribute to the identification and cascade of lessons learned from execution of the CFCC RAs.
• Propose improvements, enhancements and simplifications to the CFCC RA processes where 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.
• Lead the business to achieve the outcomes set out in the Bank’s Conduct Principles
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
• Head, CFCC Risk Measurement /Team Leads
• Global Head, RAA
• Head Risk Identification
• Product Leads - GRA
• Other relevant Global/ Regional/ Country CFCC Heads
Other Responsibilities
• Contribute expertise, experience and knowledge to change activities within the CFCC GBRA Team.
Our Ideal Candidate
Qualifications
• 8+ years of relevant work experience in financial institution or consultancy firm in Quality Assurance or Quality Controls
• SME knowledge in FCC (AML/Sanction) workstreams - Risk Assessment, Risk Appetite, CDD, Transaction Surveillance, Investigation, etc
• Proficient in assessing control evaluation results
• Experienced in control design
• Ability to provide risk insights through analytical methods is preferred
• Experienced in Stakeholder management
• Previous internal audit experience would be an asset
• Strong English oral and written communications skills
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 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.
• 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 www.sc.com/careers
Visit our careers website www.sc.com/careers
Primary Location: Asia-India-Bangalore
Schedule: Full-time
Employee Status: Permanent
Posting Date: 02/Mar/2026, 7:07:25 AM
Unposting Date: Ongoing
Role Responsibilities
The Group Risk Assessment (GRA) team is responsible for the execution of the CFCC Group Risk Assessment (FCC GRA), which provides a focused view of the inherent AML, Sanctions and ABC risks to which the Bank is exposed and the effectiveness of the controls that manage those risks.
The role has the following key deliverables:
• Execution: Provide support in the execution of the Group Risk Assessment, specifically the Control Effectiveness Assessment.
• Assurance: testing and challenge of incoming controls data to determine the appropriateness of ratings.
• Governance: Preparation of risk assessment analysis and reporting summaries.
• Support GRA end to end enhancements – Methodological Changes, new approaches etc.
Some of the key responsibilities include:
• Work collaboratively with peers and senior managers within the CFCC Risk Assessment Team and Wider CFCC (2LOD) and relevant process owner within 1 LOD in order to contribute to the strategic decision-making process for the Group Risk Assessment (“GRA”). Strategic planning may include, but is not limited to, assessing and understanding industry practice and trends in risk assessment; understanding the requirements and needs of relevant stakeholders; defining the key objectives of the GRA; and identifying resourcing requirements and timelines.
• Provide key stakeholders with guidance and direction in understanding, correctly interpreting and applying the requirements, methodological approach and assigned responsibilities relevant to the execution of the GRA.
• Work with key stakeholders in the First and Second Lines of Defence, participate in the assessment and challenge of the control evaluation results and outcomes from the GRA.
• Participate in, and contribute subject matter expertise to, the development and periodic review and revision of the methodological approach for the GRA.
• Work with the CFCC network and other key sources across the Group to collect the qualitative and quantitative data necessary to support the end-to-end GRA activities.
• Design and deliver training and awareness plans and associated materials in order to support the understanding of the Business and FCC Teams and other key stakeholders.
• Make recommendations to relevant stakeholders on possible risk management responses to identified risks in order to ensure the insightful, accurate and meaningful assessment of risks within the GRA.
• As required from time-to-time, prepare bespoke reports that highlight areas of focus, emerging Risk trends or other relevant insights based upon the analysis and outcomes of the GRA.
Strategy
• Contribute to the execution of the CFCC GRA process team by challenging incoming information and providing insights on finalized results
Business
• Provide stakeholders with guidance and direction in understanding, correctly interpreting and applying the requirement and assigned responsibilities relevant to the execution of the CFCC GRA
• Provide assistance in assessing and challenging the control evaluation results proposed by countries and Process owners.
Processes
• Work with the CFCC network across the Group to assess and collect the qualitative and quantitative data necessary to support the end-to-end CFCC risk assessment activities.
• Assist the performance by Region, Country and Business Teams of Quality Assurance ("QA") for the collected data and their performance of general data management and gathering responsibilities.
• Design, develop and deliver materials which support users in understanding the CFCC Global Risk Assessment activities that they are required to perform, including Desk Operating Instructions, guidance papers and explanatory presentations.
• Creation of training and awareness plans and materials to deliver understanding and support to the Business and CFCC Teams as well as other key stakeholders.
• Provide advice and guidance to relevant stakeholders in compliance with the defined standards and requirements for accurate and timely execution of the CFCC RAs.
• Collate and input to the documentation of system requirements and oversee testing of delivered modules of system-based functionality.
• Contribute to the development and documentation of new processes and procedures designed to improve efficiency and effectiveness of current risk assessment processes
People & Talent
• Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
• Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
• Collaborate with training teams to input to training curriculum to support closing of capability gaps.
Risk Management
• Be fully conversant with and correctly apply Group and CFCC Policies and Processes in order to manage risks.
• Make recommendations to relevant stakeholders on possible risk management responses to identified risks in order to ensure insightful, accurate and meaningful assessment of risks within the CFCC RAs.
• Contribute to advising relevant stakeholders of the outcomes of risks identification and assessment
• methodologies.
• Ability to understand business problems and CFCC risks, how data analytics can be used to solve these issues and generate mitigating strategies.
• Assess risks arising from products / segments / geographies / customers / transactions.
• Derive Risk Insights from various assessment results and related data
• Validate the output from analytical models created with the objective of identifying financial crime and escalate issues of concern and / or provide feedback on how models can be improved and adapted.
• Providing guidance to Heads of CFCC Regional Governance, CFCC Country Heads and CFCC Segment Heads on the drivers behind AML and Sanctions inherent risk in their Region / Country / Segment.
• Prepare bespoke Inherent Risk Reports that highlight areas of focus and emerging financial crime trends by providing insights into client, product and transactional risk.
• Support the delivery of the annual GRA.
Governance
• Attend and actively contribute to relevant leadership and oversight meetings.
• Contribute to the identification and cascade of lessons learned from execution of the CFCC RAs.
• Propose improvements, enhancements and simplifications to the CFCC RA processes where 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.
• Lead the business to achieve the outcomes set out in the Bank’s Conduct Principles
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
• Head, CFCC Risk Measurement /Team Leads
• Global Head, RAA
• Head Risk Identification
• Product Leads - GRA
• Other relevant Global/ Regional/ Country CFCC Heads
Other Responsibilities
• Contribute expertise, experience and knowledge to change activities within the CFCC GBRA Team.
Our Ideal Candidate
Qualifications
• 8+ years of relevant work experience in financial institution or consultancy firm in Quality Assurance or Quality Controls
• SME knowledge in FCC (AML/Sanction) workstreams - Risk Assessment, Risk Appetite, CDD, Transaction Surveillance, Investigation, etc
• Proficient in assessing control evaluation results
• Experienced in control design
• Ability to provide risk insights through analytical methods is preferred
• Experienced in Stakeholder management
• Previous internal audit experience would be an asset
• Strong English oral and written communications skills
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 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.
• 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 www.sc.com/careers
Visit our careers website www.sc.com/careers
💡 Quick Summary
Seeking a career-building opportunity? The ML| Associate Director| CFCC Risk Measurement| GRA 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.
