Associate Vice President

Standard Chartered; Chennai District; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

Standard Chartered is seeking a Global Banking / Lending Ops Business Risk Manager in Chennai. You will partner with Lending Operations to identify, quantify, and mitigate risks, strengthen controls, and drive operational excellence across the end-to-end transaction lifecycle including governance, risk frameworks, and regulatory adherence.

The role emphasizes building a risk-aware culture, coordinating audits, and ensuring timely risk documentation and escalation to senior leadership.

Qualifications

• University educated.
• Banking and FM risk related certifications.

Responsibilities

• Facilitate business growth alongside risk management.
• Monitor control execution trends and identify non-financial risks.
• Assess risk indicators and governance frameworks.
• Coordinate internal/external audits and stakeholder engagement.
• Escalate significant risks to leadership in a timely manner.
• Drive risk culture and training across teams.
• Design and implement controls to meet regulatory requirements.
• Oversee process health governance for Lending Ops and FM.

Skills

Risk management

Governance

Controls & compliance

Audit coordination

Education

University educated

Job description

The role of the Global Banking / Lending Ops Business Risk Manager is to partner and support all Global Banking Lending Operations department functions that range from documentation to execution of deals with a view to proactively identify, quantify, prioritise, and mitigate risks, improve controls and maintain focus on operational excellence and sustainable solutions.
Coverage areas include, but is not limited to, detailed specialist knowledge of the end-to-end transaction lifecycle pertaining to Lending activities both on a primary and secondary basis. In addition, a solid understanding of understanding required of upstream and downstream dependent functions/processes e.g., Business, Client, Legal and Credit functions.

Key Responsibilities

• Key roles & responsibilities of the role will be:
• Facilitate business growth alongside appropriate risk management.
• Contribute to business strategic decision making (e.g., risk weighting across all Lending operations processes as part of the Standardization Journey).
• Monitor control execution trends and internal/external events to proactively identify non-financial risks.
• Perform deep dive reviews and assesses risk metrics (losses, near miss incidents, control effectiveness data in order to identify top themes and trends.)
• Responsible for maintaining a comprehensive insight into the current and emerging profile for .
• Evaluate the appropriateness of the organization’s frameworks for governance, risk and control.
• Contribute to the development of risk-oriented culture within the organization. Act as a risk culture Ambassador.
• Assist settlement Operational teams on the design and implementation of new controls and monitors required to fulfil new internal policy/regulatory requirements.
• continually assess effectiveness of controls if they remain fit for purpose or redesign where necessary.
• Identify sources of risk through changes in the external environment, new regulation, new products, changes to business strategy, incidents, reviews and other measures of control effectiveness.
• Assess probability and impact of the risks and ensure capture of the risks against the relevant Process Universe in the Bank's risk monitoring system(s).
• Assess appropriateness of key risk indicators, continually assess effectiveness. Challenge thresholds where appropriate
• Ensure process universe is meaningful and reflective of key risk and controls
• Accountable for completing high quality and timely risk documentation - top risk profiles, residual risk assessments, risk treatment plans for material risk events elevated residual risk treatment plans, management action plans, risk committee papers
• Accountable for coordinating various global internal/external audits/reviews and liaising with various stakeholders to ensure timely and accurate information is provided.

• Ensure appropriate governance and oversight of process health of Lending Ops through governance forums and appropriate MI
• Ensure any material issues are escalated directly to the Head of the Markets Operations & business in a timely manner when required i.e. Significant risks, regulatory breaches, significant conduct issues, capacity or capability issues, client complaints (top tier clients), Client Asset protection issues, material hubbing changes (Inc. org), transfers of activities and/or incremental costs to FM through outsourcing
• Assist Operational teams on the design and implementation of new controls and monitors required to fulfil new internal policy/regulatory requirements.
• continually assess effectiveness of controls if they remain fit for purpose or redesign where necessary.
• Identify sources of risk through changes in the external environment, new regulation, new products, changes to business strategy, incidents, reviews and other measures of control effectiveness.
• Assess probability and impact of the risks and ensure capture of the risks against the relevant Process Universe in the Bank's risk monitoring system(s).
• Assess appropriateness of key risk indicators, continually assess effectiveness. Challenge thresholds where appropriate
• Ensure process universe is meaningful and reflective of key risk and controls
• Accountable for completing high quality and timely risk documentation - top risk profiles, residual risk assessments, risk treatment plans for material risk events elevated residual risk treatment plans, management action plans, risk committee papers
• Accountable for coordinating various global internal/external audits/reviews and liaising with various stakeholders to ensure timely and accurate information is provided.
• Ensure appropriate governance and oversight of process health of FMO through governance forums and appropriate MI
• Ensure any material issues are escalated directly to the Head of the Global Banking Operations & business in a timely manner when required i.e. Significant risks, regulatory breaches, significant conduct issues, capacity or capability issues, client complaints (top tier clients), Client Asset protection issues, material hubbing changes (Inc. org), transfers of activities and/or incremental costs to FM through outsourcing

People and Talent

• Lead and support a change in mindset, building a culture of client centricity, agility, and accountability through standardised metrics and measurement.
• Drive training and communications to promote awareness and continuous learning for risk control and governance aspects
• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.

Regulatory & Business conduct

• 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.
• Proactive in seeking regular assurance that the Group Business Risk Management teams are performing to an acceptable control assessment standard as per the defined Enterprise Risk Management Framework / Operational Risk Types Framework.
• Lead the country / business unit team to achieve the outcomes set out in the Bank's Conduct Principles
• Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.

Other Responsibilities

• Leverage the opportunity provided by Corporate Social Responsibility to enhance the Group's internal and external reputation and indirectly influence the bottom line.
• Promote the Group’s brand and Here for good with peer, clients and regulators as appropriate
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
• Maintain effective communication with key stakeholders, and peers

Key stakeholders

• Group Process Owners; Country Process Owners; Group and Country Risk Framework Owners, Compliance, GB and Coverage COO; GB Governance; GB NFR Head; CIB Conduct and Control Head; Global Head OTCR, CIB;

Qualifications

Education

• Academic or Professional Education/Qualifications; University educated

Training

• Bank training; none-additional

Licenses

• Licenses and Certifications/accreditations; none-additional

Membership

• Professional Memberships: relevant memberships to be agreed

Certifications

• Banking and FM risk related certifications

Languages

• English

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 thingand is 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-offincluding 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 workingoptions based around home and office locations, with flexible working patterns.
• Proactive wellbeing supportthrough 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 cultureto 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.