Associate Director Risk Assessment Monitoring and Insight, Risk

Job Summary

This role reflects our commitment to more than just profitability—it's about living our values and upholding our brand promise, Here for Good. The Managed Services team, established to support Group Risk and CFCR, centralizes the production and risk management activities in a service hub. This allows teams to make risk-reward decisions based on judgment and expertise, influence business and regulatory outcomes and oversee strategic risk and compliance programs, such as Fit for Growth (FFG) and the Controls Simplification Programme.

This is a global support role, covering SCB's presence across Asia, Africa, the Middle East, Europe, and the Americas, and spans multiple business lines such as Retail Banking, Private Banking, Wealth Management, Transaction Banking, and Financial Markets.

Key Responsibilities

• Risk Assessment : support the performance of both inherent and residual risk assessments (regular, dynamic and targeted).
• Control Monitoring : Support the control design effectiveness assessment, and dynamically monitor risk and controls.
• Change Risk : Assess and manage risks associated with change initiatives.
• Issue & Event Management : Support in the management of issues and events, escalate as needed, and ensure timely reporting.
• Risk Insights : Provide actionable risk insights to business stakeholders.
• Data Quality : Identify and remediate data quality issues, including administration, reporting and ownership of resolution. Ensure data models are up to date and accurate.
• Horizon Scanning : support horizon scanning product and related Knowledge Management System
• FFG Programme : support the overall embedding and transitioning of new technology solutions (e.g. AI capabilities) into various risk processes.
• Governance : document processes and procedures to ensure transition of services to the Managed Service team are accurate, up to date and centrally stored and available.
• Help build world-class risk and compliance capabilities, fostering a risk-aware and client-focused environment for the bank’s next phase of growth.
• Deliver simplified, standardized, and digitized solutions that meet compliance obligations while providing insights to the 1st Line of Defence (1LoD) for better decision-making.
• Execution of risk assessment, monitoring and insight processes.
• Enhance and simplify controls related to OTCR (Operational, Technology, and Cyber Risk), where appropriate.
• Capture lessons learnt and refine tooling and processes improvements.
• Identify insights, analyse, and assess OTCR risks and implementing control frameworks to manage these risks.
• Development of basic MI to support Coverage and SME actions (i.e., trends).
• Conduct deep dives into material, emerging, or unknown risks to enable appropriate risk mitigation.
• Manage issues as they arise, performing root cause analysis, lessons learned, and remediation efforts.
• Address data quality issues and ensure data models are up to date and accurate, notably those that are related to implemented AI use cases and capabilities.
• Maintain Knowledge Management Systems that enable and support risk products and microservices.
• Implement a risk-based compliance framework for managing OTCR risks.
• Recommend risk assessment standards across OTCR risk types, ensuring compliance with all relevant regulations.
• Escalate potential OTCR risks to management.
• Support the end-to-end lifecycle of audit, assurance, and regulatory reviews related to Professional Services, including tracking and remediation.

Skills and Experience

Overall Working Experience :

Business & Contextual Experience in at least one of the below :

Domain and Functional Experience in one of the below :

Key stakeholders

Qualifications

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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 :

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

#J-18808-Ljbffr