Job Summary
This role is integral to drive the ESG and Reputational Risk agenda and embed associated frameworks within key business processes and across markets.
The Senior Manager / AVP, ESG Regulations & Strategic Initiatives will :
- A regional Lead for ESG and Reputational risk regulatory horizon scanning as well as consultations and impact assessments
- Be a key point of contact for regional and country Chief Risk Officers and Sustainability Officers
- Support the ongoing attestation to regulatory authorities to confirm compliance to relevant regulations.
- Provide inputs to ESG and Reputational Risk Framework Owners in the review of control environment for weaknesses.
- Support the development of local variations (including Country addenda) of ESG and Reputational Risk Framework, Policies and Standards in line with regulatory guidelines
- Support regulatory impact assessment and policy
- Lead on strategic initiatives in relation to emerging ESG and reputational risks, as guided by the Global Head of ESGR.
Key Responsibilities
Regulatory Liaison and Change
Perform Horizon Scanning for ESG-relevant publications and obligationsEvaluate consultations from regulators and relevant industry associations and compile responses for critical consultations in alignment with Business and other Bank FunctionsEngage (jointly with 1 LoD / 2 LoD Group and Country stakeholders) regulators and industry associations on select consultations, where necessaryIdentify binding regulations and industry standards, determine materiality, and escalate extra-territorial regulations and industry standardsInterpret obligations, derive key requirements, and assess their impact on Bank Policies / Standards, including those from quasi regulators / industry bodiesMaintain ESG risk Obligation Register and share identified key requirements with affected Country Business and Function stakeholdersFramework and Policy Management
Support the interpretation of obligations, derive key requirements, and assess their impact on Bank Policies / StandardsDraft the update of Policies / Standards / Country Addenda relating to the obligations and coordinate the review and consultations with relevant stakeholdersReview and track deviations and dispensation requests relating to Obligation Change Implementation including risk treatment plansMonitor and ensure 1LOD closes implementation gaps identified during the validation to meet requirements of obligationsStrategic Initiatives
Support the delivery of a strategic approach for ESG and Reputational risk management, in particular developing approaches to managing new and emerging risksSupports efforts with Businesses, Supply Chain Management, and various Functions to embed ESG and Reputational Risk considerations into first-line processes.Where required, support the operational risk requirements of risk areas aligned with ESG and Reputational RiskRisk culture
Help to build the appropriate culture and values. Work collaboratively with all relevant partners.Uphold the integrity of risk / return decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with the ESG and Reputational risk strategy and risk appetite.Provide support across ESG and Reputational Risk, ensuring compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements.Ensure that material risk exposures and related issues are reported to the responsible risk governance committees.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 (country / business unit / function / XXX (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
ESG and Reputational RiskCountry Heads of businesses and functionsCountry Chief Risk OfficersChief Sustainability OfficeMembers of Group COO in CPBB and CCIBMembers of Regional Risk CommitteeCFCCBusiness HeadsMembers of the ERM management teamSkills And Experience
ESGBanking ProductsRegulations for Climate and ESGData handling skillsEffective writing and communicationQualifications
Good knowledge of risk management for financial servicesExperience in a discipline relating to ESG risk, Climate risk or Sustainable FinanceExperience in risk and control assessments and assurance testingOver 10 years of experience working in a major international banking organisation or similar.Knowledge of financial and non-financial risks and trends.Strong creativity and problem-solving abilities.Excellent inter-personal skills; comfortable in building relationships at senior levels and across teams, with outstanding written and oral communication skills.Confident self-motivated person with a high level of drive and ability to operate in a fast-paced environmentCompetencies
Action Oriented
Collaborates
Customer Focus
Gives Clarity & Guidance
Manages Ambiguity
Develops Talent
Drives Vision & Purpose
Nimble Learning
Decision Quality
Courage
Instills Trust
Strategic Mindset
Technical Competencies : This is a generic competency to evaluate candidate on role-specific technical skills and requirements
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
Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we doNever settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so wellAre better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long termWhat 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.
Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.Time-off including annual leave, parental / maternity (20 weeks), sabbatical (12 months 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 toolkitsA 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.