Job Description

Role Responsibilities

Business Risk Manager is responsible for working with the Country Head of Business Risk Management (BRM) of CPBB to effectively manage risks by ensuring business management and units implement and maintain operational risk controls in accordance with Risk Management Framework, Group Operational Risk Policies and Procedures and Local Regulations.

Responsibilities*

• Ensuring business risk/return and control cost/benefit decisions prior to product launch and during business life cycles are made transparently and based on assessment in accordance with Group standards and Board\xe2\x80\x99s Risk Appetite

• To report risk issues and losses to Country Head of BRM through use of the Operational Risk Assessment Matrix

• To maintain independence in the conduct of self-assessment assurance checks / sampling and report risk issues, exceptions and losses and undertake preparation and submission of the operational risk and losses issues in M7 system

• Identify and report all exceptions on non-compliance and weakness inherent in the standard controls via regularly assess existing business key controls to ensure the level of controls remains cost effective, efficient and relevant

• Implementing effective risk management process of: Risk identification, Assessment and Measurement, Acceptance and Monitoring to reduce gross operational risk exposure to acceptable levels within the risk appetite

• Risk Identification \xe2\x80\x93 The risk identification, measurement and management process should be operating as part of BAU with regular update of Risk Profiles and reporting of exposures for acceptance at the appropriate governance level. Gross Operational risk exposures are identified and assessed by the PGCs and documented in the Risk Profiles. At the country level work with first line units to perform risk identification which must be end-to-end, comprehensive and utilizing reactive and proactive source of information. Risk identification must be performed in country addenda, significant projects, mergers and acquisition, internal and external incidents, and regulatory changes.

• Risk Assessment and Measurement - Risk assessment must be performed on a consistent basis, reflecting the scope and complexity of the operation. At the country level, work with first line business / function to assess Gross risk exposures in accordance with the Operational risk assessment process. Gross risk exposures are assessed and mitigated to acceptable levels via design and implementation of effective process controls end-to-end.

• Risk Acceptance - Risk must be accepted at the appropriate level depending on the source of identification and residual risk and as per the delegated authority matrix. At the country level, follow through the acceptance process to ensure risk acceptance at business unit level is complied with Group\xe2\x80\x99s Delegated Authority Matrix

• Risk Monitoring - Operational risk assessments and acceptance must be reviewed periodically to appropriately reflect changes in environment and the progress of the mitigation plans. At the country level, Control Analyst must establish operational risk management reporting and intelligence information for ensuring that adequate and credible information is provided to appropriate levels of management, so that there is timely oversight, understanding and acceptance of risk exposures at the right organization level, for risk management purposes. This helps ensure that senior management at a country level have a good, accurate and informed understanding of the business unit\xe2\x80\x99s operational risk profile at the key operating levels. The systematic monitoring of process control effectiveness is achieved through the implementation and monitoring of key control indicators (e.g. KCI) and independent sample testing of controls (e.g. CST).

• Risk & Loss Reporting - There is regular reporting on significant risk exposures, issues and results of independent reviews on the effectiveness of and compliance with established risk framework to the governance committees, including the Board, or its delegate. Significant risk exposures and loss experience, together with proposed action plans are regularly reported to senior management and risk governance committees. At the country level, must capture gross and residual risk exposures identified or loss promptly and accurately in M7 system in accordance with Group\xe2\x80\x99s Operational Risk Policies and Procedures.

3. Influencing the development of an operational risk culture which is forward looking, risk based and customer focus

• Operational Risk Management Policies & Procedures - Implement risk policies and procedures, develop remediation plans, monitor risk policy compliance and propose deviation from risk policies and procedures

• People and Skills - Ensure completion of mandatory e-Learning by the business and team members

Regulatory & Business Conduct*

• Display exemplary conduct and live by the

. * 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 Malaysia Business Risk Management team to achieve the outcomes set out in the Bank\xe2\x80\x99s 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*

• Country Consumer & Business Banking Head
• General Manager, Cards and Personal Loans
• Head, Card Products & Acquisition
• Head, Deposits & Payments
• MD, Head of Business Banking
• Consumer Banking Product Managers
• Head, Digital Business
• Manager, Digital Banking
• CCRO & Head of Operational Risk
• Head, Compliance Officers
• Country & Group Audit Team
• External Auditors

Head HR Specialist Delivery MY

Our Ideal Candidate

• Business / function experience, preferably in Business Banking

• Risk Management experience
• A clear understanding of the Bank\xe2\x80\x99s approach to the management of Risks, or equivalent experience gained in other organisations
• Ability to work in a matrix organisation, leveraging resources across the organisation to complete deliverables
• The sound judgement and courage necessary to perform a Risk and Control role and maintain effective working relationships

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.

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