Risk Manager, Transation Banking and Cash Operations

Standard Chartered; Markham; On-site; CAD 80,000 - 110,000; Full time

Job summary

An international bank is seeking a Risk Manager for Transaction Banking and Cash Operations. This role involves executing control measures, identifying risks, and ensuring compliance. The ideal candidate holds a Bachelor's degree, has experience in operational risk management, and strong communication skills. The bank offers competitive salary and benefits, flexible work arrangements, and a commitment to diversity and inclusion.

Benefits

Competitive salary and benefits

Flexible working arrangements

Learning and development opportunities

Generous leave policies

Wellbeing support

Qualifications

• Bachelor’s degree required.
• Certifications such as BSMR, SPPUR, or SK SP preferred.
• Fluent in English, both spoken and written.
• Knowledge of transaction banking products and payment systems.
• Experience in operational risk management.
• Strong communication and interpersonal skills.
• Reliable and responsive in fast-paced environments.

Responsibilities

• Execute control effectiveness measurements and identify risks.
• Support regional Cash Business Risk Manager and stakeholders.
• Oversee offshored activities and manage risks.
• Ensure compliance with regulatory reporting policies.
• Implement controls and remedial actions to mitigate risks.

Job description

Risk Manager, Transaction Banking and Cash Operations

Join to apply for the Risk Manager, Transaction Banking and Cash Operations role at Standard Chartered.

Job Summary

The Transaction Banking and Cash Operations Risk Manager is responsible for executing control effectiveness measurements, identifying and assessing risks through a Client-Journey lens, designing risk mitigation and controls specific to the client journey, and recording key risk indicators in the bank's risk monitoring system.

Other Responsibilities

• Ensure the business operates within established operational risk appetite.
• Support regional Cash Business Risk Manager and country stakeholders in risk management.
• Oversee offshored activities, track issues, escalate, and remediate as necessary.
• Identify top themes and trends for the business.
• Ensure compliance with regulatory reporting policies and standards.
• Manage risks within business processes and demonstrate effective risk execution in the first line of defense.
• Implement controls and remedial actions to mitigate risks.
• Govern data governance and information cybersecurity policies at the business level.
• Support country risk and control roles in governance forums and committees.
• Provide training and communication to promote risk awareness and continuous improvement.
• Stay updated on industry risk information and model risk and control culture.

Processes

• Perform control effectiveness measurements, sample testing, and identify gaps.
• Conduct risk-based assessments to proactively identify issues.
• Oversee offshoring activities, escalate issues, and ensure remediation.
• Communicate control changes and monitor their implementation.
• Identify risks from external changes, assess their impact, and record in risk systems.
• Ensure accurate and timely risk reporting.
• Review risk metrics to identify trends and themes.

People & Talent

• Build a risk-aware culture and set appropriate team expectations.
• Support a mindset shift towards client-centricity, agility, and accountability.
• Drive risk control training and awareness programs.

Risk Management

• Ensure adherence to policies, processes, and standards within the transaction banking and operations teams.
• Identify and report control exceptions and weaknesses.

Governance

• Drive continuous improvement in productivity.
• Uphold group and company values.
• Ensure compliance with rules, regulations, and anti-money laundering standards.

Regulatory & Business Conduct

• Model exemplary conduct and uphold the group's values and code of conduct.
• Embed high standards of ethics, compliance, and risk management.
• Escalate and resolve risk, conduct, and compliance issues collaboratively.

Key Stakeholders

• Cash Operations Group and cross-border stakeholders.
• Transaction Banking frontlines and related departments.
• Other relevant departments and senior management.

Ideal Candidates

• Bachelor’s degree required.
• Certifications such as BSMR, SPPUR, or SK SP preferred.
• Fluent in English, both spoken and written.
• Knowledge of transaction banking products and payment systems.
• Experience in operational risk management.
• Strong communication and interpersonal skills.
• Reliable and responsive in fast-paced environments.

About Standard Chartered

We are an international bank committed to making a positive impact. We value diversity, inclusion, and continuous improvement. Join us to grow your career and make a difference.

Our purpose is to drive commerce and prosperity through our diversity, with a commitment to being here for good.

What We Offer

• Competitive salary and benefits supporting wellbeing.
• Retirement, medical, and life insurance, with flexible benefits.
• Generous leave policies including parental, sabbatical, and volunteering leaves.
• Flexible working arrangements.
• Wellbeing support, learning and development opportunities.
• An inclusive culture that celebrates diversity.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Sales

Industries

Banking