Associate Director, Risk & Control

Key Responsibilities

• Conducting deep dives and investigations to identify root causes for fraud events and enhancement of controls where required.
• Conducting review of accounts downgraded to CG 12 or worse to verify whether account management was conducted in conformity to Group standards, policies and procedures including all applicable local requirements.
• Assist in carrying out Peer reviews within country/ across regions to validate effectiveness of processes and controls.
• Support the R&C Team Lead in framing of effective processes and controls for implementation of Group policies, and local regulatory requirements, within the country.
• Coordinate with internal and external auditors on fronting audits & work with various stakeholders in CCIB CC, Operations and support functions for completion of Management Action Plans, including implementation of required process fixes and socialisation of key themes with stakeholders.
• Preparation of Lessons Learnt based upon various investigations undertaken.

• Evaluate and identify operational risk implications of business strategies and programmes.
• Contribute to and ensure adoption of COO CCIB CC initiatives in the country / countries.

• Execution of CST / KCI for relevant processes in the country / countries.
• Support the business in the South Asia countries in minimizing operational risks and losses, and investigation of material operational losses to prevent recurrence.

• Ensure compliance with policies applicable to CCIB CC which impact operational risk. Challenge processes, procedures and policy if there is opportunity for efficiency improvements.
• Identify knowledge gaps, facilitate development of training on Operational Risk for business staff and country Risk & Control Teams.
• Drive improvements through the use of A3s.

• Assist in the effective running of Country CCIB CC Business Risk Forum (BRF).
• Ensure adequate governance and oversight of operational risk through the escalation and appropriate resolution of risk exposures to the Country Risk Committee (CRC) and Non Financial Risk Committees (NFRCs) as required.
• Escalate issues, blockages, challenges and trends to Business Heads, Head Risk & Control, as required.

• 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.
• Support Head Risk & Control 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, elevate, mitigate and resolve risk, conduct and compliance matters.
• Adhere to local regulator [Reserve Bank of India] prescribed responsibilities and rationale for allocation.

• CCIB Client Coverage teams in the country
• Regional and Country COO
• Internal Audit
• Regional Head of Risk & Control
• Business & Country Compliance teams
• Operations (GBS / GTO)
• IMO Teams
• GBS Hub Teams
• Country CFCC team
• Regulators and their appointed auditors (where applicable)

• Embed Here for Good and Group’s brand and values in first line operational risk management.

• Knowledge of CCIB Client Coverage, Transaction Banking and Financial Markets products – to enable assessment of cross‑business issues.
• Fair understanding of CCIB Credit Risks and assessment including credit analysis.
• Relevant business experience in operations, business analysis or project management.
• Strong analytical skills, detail‑focused with the ability to interpret large volume of information.
• Problem solving skills with ability to influence across all levels of business.
• Ability to independently drive initiatives with minimum hands‑on supervision.

• Bachelor’s degree in Banking or Finance preferred.
• Ideally 2+ years of experience in banking, analytical or another…