Head of Risk, SCM & CRES, Singapore

Job Summary

We have an exciting role to join the team in Singapore. The role holder will be: 

• Driving future focused Risk management for SCM and CRES that results in valuable outcomes to enable the Group and S&T strategy. 
• Delivering simplification, automation, and efficiency from a Risk perspective through collaboration and challenge to influence a Client Focus, Risk aware culture. 
• Achieve an effective risk culture, including strong horizon scanning, by actively partnering across the Group with First, Second and Third-Line Functions and the Businesses.
• Ensure all risks and issues are effectively identified, prioritised, assessed, mitigated (to within Risk appetite) and monitored in a timely manner whilst maintaining full transparency to relevant stakeholders or Committees.
• Partnering with GIA to establish a meaningful, risk-based Audit Plan and ensure all audit issues are clearly articulated and assessed with appropriate action plans to ensure risk mitigation is delivered to plan.
• Creating effective mechanisms to ensure streamlined response management to risk events impacting SCM and CRES.

Key Responsibilities

Strategy

• Responsible for delivery of the Risk roadmap which are aligned to the standards / requirements set by Enterprise Risk Management Framework and the setting of appropriate metrics and standards for risk. 
• Design and implement changes to SCM and CRES Risk profile in line with  Group’s strategy. 
• Align Risk profile to change programs such as risk simplfication and other Group initiatives. 
• Partner on programs and provide inputs to initiatives to drive client focussed outcomes in Risk management.

Business

• Partner with relevant GPOs and CPOs to ensure a risk assessment and control testing is being performed in line the Banks ERMF. 
• Partner with Business Risk Managers of all businesses and functions to embed Safety and Security Risk as RFO.. 

Processes

• Establish processes for Risk assessment and control testing (working with the Control Effectiveness Team) in line with the Bank’s ERMF at global and country. 

Risk Management

• Be the subject matter expert on Risk within SCM and CRES
  • The Enterprise Risk Management Framework and underlying Risk Type Frameworks (RTFs) are effectively embedded.
  • An effective framework and control environment is maintained with regards to all  First and Second Line processes
  • Ensure the risk profile remains within the Group’s Risk Appetite
  • Design and deliver the Risk model for delivery of adherence to TPRM for SCM and CRES 

Lead the implementation of all RTFs across SCM and CRES, ensuring they are effectively embedded across all clusters and markets by: 

• Providing global alignment, direction and leadership. 
• Monitoring and challenging RTF implementation progress / effectiveness, driving improvements.
• Ensuring that risks are assessed, and control cost / benefit decisions are made transparently in accordance with the Group’s Policies, Standards and Group Risk Appetite. 
• Partner with Control Effectiveness team to influence the design of effective controls and the systematic monitoring of control effectiveness and compliance with applicable laws and regulations. 
• Providing a comprehensive view of (1) the material risks facing SCM and CRES (2) the material People risks facing the Bank as RFO, ensuring that risk assessment and reporting is comprehensive and accurate.
• Embed an effective and exemplary risk culture (aligned to Group risk appetite), with appropriate escalation. 
• Build strong engagement between Second Line teams and SCM and CRES to ensure effective management, monitoring and reporting of risks.

People & Talent

• Provide leadership and coaching to all team members to ensure they are highly engaged and performing to full potential in an environment where learning, challenging and experimenting are a key success criteria.
• Promote and embed a culture of openness, trust and risk awareness, where commercial, ethical, legal, regulatory compliant conduct is the norm and aligned to creative thinking that delivers real impact. 
• Employ, engage and retain high quality people, with succession planning for critical roles.
• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles and have effective supervision in place. 
• Drive a continuous improvement culture where impact and outcomes are rewarded.
• Ensure the team is adequately resourced by highly skilled and knowledgable colleagues.

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 all stakeholders. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Embed the Group’s values and code of conduct in the team to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, procedures, regulations and legislation.

Key Stakeholders

• COO, S&T
• Head of SCM
• Head of CRES
• Head, Governance and Risk, Strategy & Talent
• Global Head, Strategic Change, SCM & CRES
• Governance and Risk, S&T Senior Leadership Team
• Global Process Owners
• 2nd Line Risk Framework Owners and Head GIA, S&T
• Global Head of Risk, Functions & Operational Risk
• Head, CFCC Functions Advisory
• Global Head of Frameworks and Policies, CFCC
• Head, Regulatory Regimes, CFCC
• Business Risk Managers across all businesses and functions

Skills and Experience

• Manage Risk Management and Internal Control     
• Manage Conduct    
• Business Partnering     
• Manage People     
• Manage Change    
• Coaching    

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 do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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.

• 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 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.