Associate Director Business Risk Assessment & Advisory (Chennai/Bangalore)

Standard Chartered Bank; Kuala Lumpur; On-site; MYR 420,000 - 680,000; Full time

Job summary

Standard Chartered Bank is seeking an Associate Director for Business Risk Assessment & Advisory (Chennai/Bangalore), with potential base in India or Malaysia. The role involves CFCR advisory across Markets, risk identification and governance, and close collaboration with global CFCR stakeholders to deliver risk-based, commercially pragmatic guidance.

You will work with Product Owners on reg tech initiatives, conduct deep-dives into risk areas, and support governance and licensing processes to

Qualifications

• CFCR advisory knowledge across markets: policy, regulation and risk controls.
• Experience in risk identification, analysis and remediation.
• Ability to work with cross-functional teams across countries.

Responsibilities

• Provide CFCR advisory support to Markets, covering risk, regulatory and financial crime matters.
• Perform risk identification, analysis, and control framework design.
• Monitor risk changes and generate actionable insights for remediation.
• Manage issues, conduct root cause analysis, and close gaps in control environment.
• Collaborate with CFCR stakeholders across Businesses, Products, Clusters and Countries.

Job description

Associate Director Business Risk Assessment & Advisory (Chennai/Bangalore)

This role could be based in India and Malaysia. When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you select a country where the role is based.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The role will provide CFCR advisory support to the Markets business, covering a broad range of business, regulatory and financial crime risk matters. This may include risk advisory, regulatory and business reviews, investigations and assessments, surveillance-related matters, licensing, market abuse risk, governance and other Markets-related CFCR activities. The individual will be expected to work closely with Group and Country CFCR stakeholders and provide risk-based, commercially pragmatic advice while maintaining appropriate independent challenge.

The responsibilities includes, working across Business, Products, Clusters and Countries Compliance and Specialist teams to perform:

• Risk Identification, Analysis and Assessment of CFCC Risks, measure exposure to those risks and design, build and recommend control framework to mitigate and manage those risks, to enable structural and thematic risk response or remediation.
• Risk monitoring of dynamic changes to risk and control environment, generate operational level insights to enable operational or tactical risk response or remediation.
• Perform targeted deep dive into material or emerging or unknown risk areas due to a change in threat profile or business strategy, to enable structural risk response or remediation.
• Manage issues and events as it occurs, perform root cause analysis and lessons learnt, remediate vulnerabilities, reduce exposures, fix gaps to improve control environment.
• Manage CFCC risks introduced due to business change, perform a holistic assessment of impact of those changes to Businesses, mitigate and manage those risks proactively, to enable a sustainable growth of business.
• Provide Business risk advisory in areas such as policy and regulation, business, or product change, to enable a sustainable growth of business.
• Provide actionable risk insights and recommendation actions & decisions to Business, Products, Clusters and Countries Compliance and Specialist teams for them to drive & deliver client aware and risk focused outcomes and decisions.
• Work with CFCC Product Owners in continuous improvement of products and services, build and innovate using reg tech and data analytical products.

Unlock job insights

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Standard Chartered Global Business Services forms a critical component, enabling superior customer service by leveraging on scale and efficiency. The centre has evolved from being a cost-effective venture for Standard Chartered Bank to becoming an integral part of its operations and one of its Centres of Excellence.

Established in 2001, it now provides a multitude of services to Standard Chartered Bank which has a 150-year history in some of the world’s most dynamic markets. The centre provides dedicated world-class technology, software and system development, information technology support services, banking operations and customer care capabilities to businesses globally.

It now houses one of the largest software development centres in Malaysia as well as the Bank’s Collective Intelligence and Command Centre, a state-of-the-art facility which provides situational awareness and response capability to Standard Chartered Bank and its subsidiaries using the latest technologies for monitoring and analytics. It has a total workforce of more than 4,300 employees.

Standard Chartered Global Business Services was conferred the ICT Organisation of The Year Award in 2011 by The National ICT Association of Malaysia, making it the first Global Shared Services Centre of an international bank in Malaysia to win the prestigious award. In 2014, Standard Chartered Global Business Services was awarded the Silver Award for the Employer of Choice category in the Malaysia HR Awards organised by the Malaysian Institute of Human Resource Management.

Standard Chartered Bank’s two other global shared services centres are based in India and China.

Follow Standard Chartered Global Business Services on www.facebook.com/scgbs

Standard Chartered Global Business Services forms a critical component, enabling superior customer service by leveraging on scale and efficiency. The centre has evolved from being a cost-effective venture for Standard Chartered Bank to becoming an integral part of its operations and one of its Centres of Excellence.

Established in 2001, it now provides a multitude of services to Standard Chartered Bank which has a 150-year history in some of the world’s most dynamic markets. The centre provides dedicated world-class technology, software and system development, information technology support services, banking operations and customer care capabilities to businesses globally.

It now houses one of the largest software development centres in Malaysia as well as the Bank’s Collective Intelligence and Command Centre, a state-of-the-art facility which provides situational awareness and response capability to Standard Chartered Bank and its subsidiaries using the latest technologies for monitoring and analytics. It has a total workforce of more than 4,300 employees.

Standard Chartered Global Business Services was conferred the ICT Organisation of The Year Award in 2011 by The National ICT Association of Malaysia, making it the first Global Shared Services Centre of an international bank in Malaysia to win the prestigious award. In 2014, Standard Chartered Global Business Services was awarded the Silver Award for the Employer of Choice category in the Malaysia HR Awards organised by the Malaysian Institute of Human Resource Management.

Standard Chartered Bank’s two other global shared services centres are based in India and China.

Follow Standard Chartered Global Business Services on www.facebook.com/scgbs

What can I earn as an Associate Director