Associate Director Business Risk Assessment and Advisory

Standard Chartered Bank; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading international bank is seeking a skilled professional to support CFCC risk management and compliance efforts. The role involves analyzing risks, establishing effective processes for risk assessments, and promoting a culture of collaboration and risk awareness among staff. Candidates should possess strong communication skills and a commitment to ethical practices. This position is crucial for ensuring compliance with regulatory requirements in a complex banking environment.

Qualifications

• Ability to analyze comprehensive impact of CFCC related risk and regulatory matters.
• Experience in establishing workflows and maintaining effective processes for Risk Assessments.
• Strong skills in promoting a culture of risk awareness and open communication.

Responsibilities

• Analyze and assess risks and regulatory issues affecting the Bank.
• Promote knowledge exchange and collaborative work practices.
• Support the management of CFCC risks through effective compliance frameworks.

Job description

Processes

• Analyse comprehensive impact of CFCC related risk and regulatory matters which has impact in SCB through quantitative and qualitative assessment.
• Establish workflows, build, and maintain effective processes/DOIs to perform Risk Assessments, Risk Monitoring and Risk Advisory, aligning with Group and relevant regulatory requirements.
• Independently perform deep dive reviews and thematic analysis to completion.
• Continuous improve and calibrate the processes, approaches, practices and methodologies.
• Supports efforts to ensure the effective management of CFCC matters and regulatory issues that have a significant impact on the Bank and support relevant stakeholders to respond to regulatory questions. Collaborate with relevant Business, Risk and CFCC stakeholders to work towards holistic risk management across business, product, country, and cluster risks.

People & Talent

• Promote and contribute to an environment where knowledge exchange, continuous learning, agile, prioritisation, deadline management, streamlined workflows and collaborative work practices are the norm.
• Promote and embed a culture of openness, trust, and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Execute through example, build, and influence the appropriate culture and values. Maintain strong relationships with the wider Professional Services team, Countries, Business and CFCC Risk Managers encouraging collaboration.
• Provide constructive development feedback at business, function, country, and individual level as appropriate on CFCC matters.
• Contribute materially to the exchange of knowledge, best practice and lesson learned across the network between Professional Services and CFCC colleagues especially in relation to regulatory risks and compliance with relevant regulations and internal policies/standards.
• Transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviours.

Risk Management

• Deliver the defined aspects of the Professional Services role to support the Group’s CFCC risk management approach and objectives.
• A full understanding of the risk and control environment for CFCC risks.
• Supports efforts to ensure the effective management of CFCC matters and regulatory issues that have a significant impact on the Bank and support relevant stakeholders to respond to regulatory questions. Collaborate with relevant Business, Risk and CFCC stakeholders to work towards holistic risk management across client segments / products risks.

Governance

• Develop appropriate risk-based compliance framework for identifying, assessing, managing, monitoring, mitigating, and reporting CFCC risks.
• Develop or assist in developing and recommend appropriate Risk Assessment standards across CFCC risk types, meeting all Compliance requirements.
• Build in the identification and escalation of potential business CFCC related risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• Support the management of end-to-end lifecycle of audit, assurance, and regulatory reviews, in relation to Professional Services, including tracking, remediation and preparing lessons learned from such reviews.

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