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Business Risk Manager, CMS

Employer
Standard Chartered
Location
Kuala Lumpur, MY
Salary
Competitive Salary
Closing date
Jan 18, 2021

View more

Job Role
Risk Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
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%27s 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%27re 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

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 inconducting sample testing, quality checking, and monitoring; to be effective in identifying controlprocess gaps, timely escalation of identified issues or risks, and effective actions to mitigate within theaccepted timeframe.

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

Monitoring and escalation:
To be responsible for monitoring all processes in the corresponding areaand escalate any issues and risks to the corresponding control function area and business heads.
The details are described in below:
Validation of Controls (KCSA/KCI %26amp; OPTIAL)

  • Validate sampling techniques, results and exceptions arising thereof.

  • Review trend analysis of exceptions and identify systemic failures.

  • Identify material exceptions and escalate.

  • Agree on actions arising from the treatment plan.

  • Review and approve the in-country KCSA developed before roll-out.

Incident Management (Phoenix)

  • Investigate, document and report operational losses, near misses, other risk events and treatment planson Phoenix in partnership with Unit/ Line Managers.

  • Reconcile losses reported in Phoenix with GL on monthly basis.

Process Risk Analysis (PRA)

  • Initiate PRAs where needed to support specific needs to check if the process and control environment iseffective.

  • Participate in PRA at the request of the process owner.

  • Support Business / Function Operations Head in PRA review of operational capability as part of PPG /CA review/roll-out.

Risk Committee Meetings

  • BORC - Review BORC Packs, with focus on risk %26amp; controls MI %26amp; supporting documents and escalate toFunction Head on any concerns for further actions.

  • Attend / Represent at GTO FORC, if they are invited.

Risk Reviews

  • Perform spot checks and mystery shopping exercises and raise any exception through the risk reportingprocess.

  • Perform thematic risk / control reviews.

  • Validates adequate closure of audit findings.

  • Oversight over performance of pre-audit/ review preparation work by Unit/ Line.

Risk %26amp; Control Initiatives

  • Support implementation of risk and control initiatives;

Our Ideal Candidate
  • 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 organization, leveraging resources across the organization to completedeliverables;
  • Sound judgment and courage to perform a risk and control role and maintain effective workingrelationship in the first line of defense;
  • 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.

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 . We welcome conversations on flexible working.

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