The Operational, Technology and Cyber Risk (OTCR) organisation is instrumental in protecting and ensuring the resilience of Standard Chartered Bank’s operations, data, and IT systems by managing operational, technology and cyber risk across the enterprise. As a critical function reporting into the Group Chief Risk Officer (CRO), the Group OTCR team serves as the second line of defence for assuring that controls are implemented effectively, in accordance with the OTCR Framework, and for instilling a risk culture within the Bank.
The Director, OTCR Resilience Risk, Oversight and Monitoring is a permanent strategic role that requires strong business acumen and a detailed knowledge of key regulations, industry trends, and the ability to collate, analyse and opine on disparate information to support bank-wide effort to manage Resilience related risks within risk appetite.
The successful candidate will have key skills in crisis management, resilience risk, cyber, technology and operational risk management, regulatory environment, and vulnerabilities assessment, and be able to respond in a flexible and collaborative manner to evolving business demands, regulations, and threats.
This individual will engage with senior stakeholders across the three lines of defence, providing subject matter expertise, advice and deliver services and/or activities specific to resilience risk. This includes advising on effective risk management practices, governance, and oversight; and providing applied knowledge to help support the development of approaches, frameworks, and policies, including guidance and training to staff.
The role holder will deliver value by providing specialized knowledge, clear direction, and recommendations on how to effectively manage risk. This includes supporting other locations to help make balanced and informed risk decisions. This makes it critical to have senior stakeholder engagement, liaison, and negotiation experience, along with strong communication skills, and an ability to create a compelling, yet simplistic vision, for others to follow.
RESPONSIBILITIES
Strategy
Lead and manage the pan wide governance for client service resilience ensuring Resilience risks are managed and escalated as necessary.
Provide and consult on risk forum, reviewing and writing papers, escalating key risk matters to NFRCs & other risk committees and forums.
Business
Provide input into relevant risk committees, resilience fora and self-assessment documents, as required.
Drive risk, process, control simplification initiatives, including oversight of integration of resilience processes, risks and controls across the business and functions.
Processes
Risk MI production (trackers, dashboards, key metrics) covering pan wide resilience processes.
Curating M7 data and attributes, pan bank.
Review the control activities as mandated by the CSR Policy and applicable Standards.
Providing expertise to other OTCR teams on risk issues and events creation, tracking and management of issues and events to completion.
Risk & CFCC Service Catalogue Primary Responsibilities.
People & Talent
Lead through example and build the appropriate culture and values.
Set appropriate tone and expectations from team, working in collaboration with stakeholders, whilst upholding and reinforcing the independence of the second line.
Risk Management
Ensure that all activities are in line with and support of the Operational, Technology & Cyber Risk Framework under the Group’s Enterprise Risk Management Framework.
Review and assimilate the key principles of the Client Service Resilience Policy & Operational Resilience Standards including its key domains, controls and key roles and responsibilities.
Ensure early identification and escalation of risks, issues, trends, and developments to line management and relevant stakeholders.
Governance
Support the engagement with relevant Group Boards to demonstrate a robust strategic governance over resilience.
Chief Product Owner for the resilience with risk and governance oversight ensuring appropriate prioritisation in delivering the strategic plan.
Regulatory & Business Conduct
Displaying exemplary conduct and living by the Group's Values and Code of Conduct.
Taking personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank.
Effectively and collaboratively identifying, escalating, mitigating and resolving risk, conduct and compliance matters.
Our Ideal Candidate
7 plus years experience in risk management within the Banking industry.
A rigorous and analytical approach to risk management.
Knowledge of the Business and its franchise and/or remit.
Experience of business partnering, including the ability to synthesise and articulate complex and technical topics clearly to diverse audiences.
Ability to manage a diverse and challenging stakeholder community / team.
Proven experience with co-ordination of many dependencies in a complex, large-scale environment.
Specific strong competence in the use of Excel for analysis of complex data and PowerPoint for communication purposes.
Ideally the role holder will have specific experience of resilience risk management and OTCR frameworks and have an in-depth knowledge of some of the key organisational and operational challenges faced by a Second-Line Risk function.