Job Summary

The role of Assistant Director, Business Risk Management Private Banking WRB SG, is responsible for identifying, assessing and managing the end-to-end process risks for assigned processes within Private Banking, Singapore. He/She is also responsible for overseeing the proper execution of the processes in line with standards set out by the Global Processes and Risk Framework Owners and Group-wide / Local Regulations.

Key Responsibilities

Identification and management of end-to-end processes defined by the Private Banking Process Universe and associated risks for the activities carried out by the business. Collaborating with Country Process Owners in risk management, providing support on risk assessments, proactive thematic reviews and audits management.

Business

Continuously evaluate and identify operational risk implications on business strategies, initiatives, changes and provide guidance on operational risk impact assessments and remedial actions.

Processes

Ensure adherence to Business Risk Management Objectives and Key Operational Risk KPIs of timely escalation and reporting of issues, and timely execution and completion of risk assessments with no overdue. Taking ownership of risk incident management with the Process Owners and co-ordinating with Country / Group Stakeholders.

People & Talent

Close collaboration within the Business Risk Management team, Front Office, Process Owners and cross functional teams such as Operations and Technology. Risk Framework Owners at 2LOD are also key stakeholders for engagements.

Risk Management

Continuously evaluate and identify business risks for new products/business, third party engagements and other relevant processes. Drive implementation of appropriate controls to mitigate all risk types for Private Banking, in conjunction with regulatory, thematic and evolving risks considerations such as data management risk, third party risks, fraud risk, financial crime risks, and change management risk.

Governance

Responsible for raising risk awareness on business controls, governance and supervision responsibilities amongst relevant staff in the country and ensure an appropriate risk culture in the team he/she supports.
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 Business unit to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Financial Crime Compliance; The Right Environment.]
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
PRA/FCA/MAS (Regulators) prescribed responsibilities and Rationale for allocation
Head, Business Risk Management Private Banking, WRB Singapore
PvB COO, WRB Singapore
Regional Head, Private Banking Singapore
PvB SG Front Office and Operations Teams
Country & Group WRB Compliance
Country WRB Operational Tech & ICS Risk
Business Risk Management, WRB Singapore & Group
Embed Here for good and Group's brand and values in Singapore Private Bank;
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures;

Our Ideal Candidate

Bachelor's degree in Accountancy, Banking, Risk Management, Finance, or a related field.
8+years of experience in business or operational risk management, preferably with strong experience in Private Banking.
Strong understanding of data protection, third party risk regulations and standards.
Excellent analytical, problem-solving, and communication skills.
Experience in cross functional risk issues identification, assessment and management.
Strong risk reporting and risk paper writing skills.
Strong analytical skills, detailed focus with ability to multi-task, and keeping to timelines.
Strong time management and prioritisation ability
Possess problem solving skills, with good judgement and good negotiation skills to deal with multiple stakeholders.
Relevant experience with process design/project management would be an added advantage.
Ability to work independently and manage multiple priorities, take lead in risk management.

Role Specific Technical Competencies

Business Risk
MAS regulatory requirements
Issue Management and Resolution
Analytics
Excel skills and Power point skills
Project Management

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.

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.

Visit our careers website www.sc.com/careers

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