Business Risk Manager, Market Operations - Margin

Standard Chartered; Kuala Lumpur; On-site; MYR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Business Risk Manager for Market Operations. This role involves partnering with teams to identify, quantify, and mitigate risks while ensuring operational excellence. The successful candidate will contribute to strategic decision-making, monitor control trends, and maintain a comprehensive insight into risk profiles. Join a dynamic organization that values innovation and is committed to making a positive impact in the banking sector. If you are passionate about risk management and eager to make a difference, this opportunity is for you.

Benefits

Retirement Savings Funding

Medical and Life Insurance

Flexible Working Options

Proactive Wellbeing Support

Continuous Learning Culture

Generous Time-off Policies

Qualifications

• 5+ years of relevant experience in risk management.
• Strong knowledge of risk frameworks and control systems.

Responsibilities

• Facilitate business growth while managing risks effectively.
• Monitor control execution trends to identify non-financial risks.

Skills

Risk and Control Knowledge

Stakeholder Management

Communication Skills

Incident Reporting

FM Product Knowledge

Risk Treatment Plans

Education

Bachelor's Degree

Tools

Risk Monitoring Systems

Job description

Business Risk Manager, Market Operations - Margin

The role of the Market Ops Margin Business Risk Manager is to partner and support Market Operation Margin Teams to proactively identify, quantify, prioritise, and mitigate risks, improve controls and maintain focus on operational excellence and sustainable solutions.
Coverage areas include, but are not limited to, detailed specialist knowledge of the end to end transaction lifecycle pertaining to market ops Margin activities both on a primary and secondary basis. In addition, a solid understanding of upstream and downstream dependent functions/processes e.g., Business, Client, Legal and Credit functions.

Key Responsibilities

1. Facilitate business growth alongside appropriate risk management.
2. Contribute to business strategic decision making (e.g., risk weighting across all Margin processes as part of the Standardization Journey).
3. Monitor control execution trends and internal/external events to proactively identify non-financial risks.
4. Perform deep dive reviews and assess risk metrics (losses, near miss incidents, control effectiveness data in order to identify top themes and trends).
5. Responsible for maintaining a comprehensive insight into the current and emerging profile for risks.
6. Evaluate the appropriateness of the organization’s frameworks for governance, risk and control.
7. Contribute to the development of a risk-oriented culture within the organization. Act as a ‘risk culture Ambassador’.
8. Assist settlement Operational teams on the design and implementation of new controls and monitors required to fulfil new internal policy/regulatory requirements.
9. Continually assess effectiveness of controls to ensure they remain fit for purpose or redesign where necessary.
10. 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.
11. 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).
12. Assess appropriateness of key risk indicators, continually assess effectiveness. Challenge thresholds where appropriate.
13. Ensure process universe is meaningful and reflective of key risk and controls.
14. 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.
15. Accountable for coordinating various global internal/external audits/reviews and liaising with various stakeholders to ensure timely and accurate information is provided.
16. Ensure appropriate governance and oversight of process health of FMO through governance forums and appropriate MI.
17. 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 (including organization), transfers of activities and/or incremental costs to FM through outsourcing).

Skills and Experience

• Bachelors Degree or equivalent
• Above 5 years of relevant experience
• Knowledge of Risk and control
• Risk & Control system and framework, Incident reporting, handling audits, risk treatment plans
• FM product and process knowledge
• Knowledge of the end to end transaction lifecycle i.e., Market ops Margin activities
• Good communication skills verbal and written
• Strong Stakeholder 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.

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.