Mgr, Risk Advisory

Standard Chartered; Kuala Lumpur; On-site; MYR 90,000 - 120,000; Full time

Job summary

A leading international bank seeks a Manager for Risk Initiatives, focusing on data-driven risk management. This role involves implementing innovative strategies, collaborating with technology teams, and enhancing risk culture across the organization. Ideal candidates will have strong leadership and analytical skills, along with experience in risk analytics and governance.

Benefits

Core bank funding for retirement savings

Medical and life insurance

Flexible working options

Proactive wellbeing support

Continuous learning culture

Qualifications

• Excellent organizational and leadership skills.
• Good communication and technical report writing skills.

Responsibilities

• Proactive risk identification and timely mitigation measures.
• Support audit requests and ensure timely management.
• Collaborate with CIO Risk Managers for data support.

Skills

Leadership

Communication

Data Analytics

Education

Tertiary qualifications in Computer Science

Tools

Power BI

Tableau

Job description

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Manager, Risk Initiatives, Insights and Analytics is a pivotal contributor to advancing data driven risk management providing top-tier analytics support for TTO CIO Risk Management space.

The role involves delivering the implementation of innovative data strategies and contributing to the team’s commitment to excellence, requiring an experienced professional with proven experience in delivery of best-in-class results in the realm of risk analytics especially around Technology Risk Management

Key Responsibilities
Risk Identification, Assessment, Monitoring and Reporting
• Proactive risk identification including risk assessment and timely mitigation measures.
• Risk Response Management - Risk Event / Root Cause Review (RCA)
• Work with Technology teams across all CIO domains and sub domains to review the appropriateness of process design keeping standardisation, control, client service and simplicity at the root of all processes.
• Monitoring of controls Compliance and Performance, work with the Process Owners to rectify any gaps, including assessing the appropriateness of controls.
• Provide support in evaluation and assessments of risk dispensations and exceptions (ICSD, M7, ICS NCR, etc)
• Residual Risk assessment and reporting. Identify potential areas of concerns and working with issue / action owners in the implementation of proactive risk mitigation actions.
• Support validation of Risk Remediation (completed treatment plans and risk reductions)
• Support risk management oversight for each Line of Business on Technology risk matters
• Support 1/2LOD Line Conformance & Control Testing / Assurance Review
Internal/External Events
• Ensure regular reviews of risk items for trends. Assess operational risk events and determine appropriateness of remedial actions against root causes. Provide feedback to Process owners and CIO teams.

Key Responsibilities

Audit Engagement and Remediation
• Support audit requests coming from Internal/External auditors with appropriate acknowledgement and responses in a timely manner, with end to end responsible.
• Ensure timely management of audit engagement request and issues are address and closed before target dates. Escalate overdue requests or delayed responses as per standard TAT, to facilitate and ensure timely submission.
Risk Culture and Awareness
• Provide a regular review and update of materials aimed at raising risk awareness and instilling understanding of minimum standards of risk governance across the bank.
• Produce regular trend analysis of key risk indicator exceptions and identify systemic failures.
Stakeholder Collaboration
• Collaborate with CIO Risk Managers, CIO first line and second line (where relevant) to provide required data and analytical support.
• Support the implementation of business intelligence and analytics solutions to increase the effectiveness and efficiency of T&O CIO Risk Management.

Strategy
Supporting a data driven insight and analytics culture for driving Risk Management within T&O CIO Organisation.

Business
Support the T&O Risk Management on risk management activities. Critical partner to T&O CIO First line in delivering actionable insights and data / analytics-based solutions to Proactive Risk Management. Strengthen collaboration across various business and technology teams including CIO domains for regulatory and audit engagement requirement.

People & Talent
Work closely with colleagues and stakeholders to enhance the quality and timely delivery of agreed book of work.

Risk Management
Understand the Bank’s regulatory framework and regulatory requirements / expectations.
Learn and understand the Operational Risk management framework as well as technology process, Risk, Control and measures.
Support and drive development of the ongoing and periodic monitoring of risks mitigated to identify if risk mitigation actions taken have been effective. Develop MI to provide senior management with a view of the reduction of risk over time.

Skills and Experience

Governance
Provide constant challenge to increase the overall effectiveness and efficiency and where appropriate, follow up in proposing, developing, and implementing changes using business intelligence and analytics.

Provide timely and accurate data analytics / insights to key stakeholders.

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.
• Support CCIB, CPBB and Functions CIO Risk Management to achieve the outcomes set out in the Bank’s Conduct Principles *
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Qualifications

• Tertiary qualifications in Computer Science, Risk and Control, or other relevant areas.
• Excellent organizational and leadership skills with ability to manage multiple deadlines and effectively prioritise.
• Able to get things done in a quick-paced environment. Be transparent and open around what doesn’t work and what does.
• Good communication and technical report writing skill across various types of target audiences.
• Excellent understanding and proven track record of implementation of solutions using Business Intelligence platforms such as Power BI, Tableau, etc.

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 are 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.