Executive Director Portfolio Assurance

Standard Chartered Bank; Singapore; On-site; SGD 150,000 - 250,000; Full time

Job summary

A global financial institution in Singapore is seeking an Executive Director to lead the Portfolio Assurance function within its Strategy & Talent organization. The successful candidate will have over 10 years of experience in risk management, focusing on global compliance and portfolio risks. This role involves defining risk strategies, building strong governance frameworks, and fostering relationships across business functions. The institution offers a competitive salary, inclusive culture, and robust support for professional growth.

Benefits

Competitive salary

Flexible working options

Comprehensive healthcare benefits

Continuous learning opportunities

Qualifications

• 10+ years of experience in risk management, especially in global environments.
• Extensive expertise in risk aggregation and mitigation planning.
• Exceptional strategic communication skills, both oral and written.

Responsibilities

• Define and implement risk management strategy for all portfolios.
• Drive development of common governance structures.
• Build a high-performing project and programme risk management team.

Skills

Risk management

Stakeholder management

Analytical skills

Communication skills

Education

Bachelor’s or Master’s degree in Business, Finance, or Risk Management

Tools

Risk management software

Data analytics tools

Job description

Job Summary

We are seeking a talented, passionate and experienced individual to join the Bank’s Strategy & Talent (S&T) organisation as an Executive Director in the Portfolio Assurance function, part of our Group Transformation Office.

The S&T organisation is the heart of the Bank – developing the Group Strategy, driving the transformation of Bank globally and ensuring the Bank has the right resources and capabilities to achieve our goals. The S&T organisation also manages the Bank’s investment budget. This role is paramount in embedding strategic risk oversight of the change being delivered by that investment developing strong overall execution risk and delivered risk management processes validation of the delivery of Legal, Regulatory and Mandatory (LRM) programmes within the portfolio and alignment of our Board, Group and Regulatory engagement across the entire Group investment portfolio.

In joining the Group’s Portfolio Assurance team, you will develop a deep understanding in the Bank’s risk management across all key transformational programmes and projects. You will look to understand the challenges that delivery teams are facing to ensure that through proactive engagement and management we can support quick and efficient change delivery. This role will use metrics and direct engagement to develop insight into the challenges and issues facing the key change programmes being undertaken across the Group. Additionally, the role will support with the setting of the approach, governance framework and execution of an integrated risk framework to provide an overview of execution risk and delivered risk management of the Group investment portfolio. The successful candidate will work closely with transformation teams and leaders across the bank to deliver a comprehensive risk approach that supports the successful execution of our Group Strategy, protects the Bank’s goals and meets global regulatory standards, giving clarity and consistency to our Board, and regulators.

In partnership with the Global Head, Portfolio Risk Management, and respective Second Line of Defense (2LOD) teams, this individual will ensure that there is strong alignment on risk governance and support the embedding of a culture of risk awareness within the Programme Management (PM) community across the organisation.The individual will develop and provide consistent, quality updates on the health of the portfolio and risks, both execution and delivered risks, of our investment portfolio supporting an understanding of the potential challenges at Business Unit and team level.

Key Responsibilities

Strategy

• Define and implement a forward-looking risk management strategy for all portfolios, ensuring that program and project risks are effectively identified, assessed, and mitigated.
• Drive the organisation’s approach to risk aggregation, capturing and synthesizing project-specific risks into a cohesive portfolio-level view for strategic decision-making.
• Regularly review and enhance project risk management methodologies and practices to keep pace with industry advancements, regulatory changes, and emerging risks.
• Drive continuous improvement initiatives to strengthen the accuracy, agility, and scalability of the Bank’s risk management approach.

Business

• Awareness and understanding of the wider business, economic and market environment in which the group operates.
• Forge deep relationships with the Business programme teams to ensure understanding and alignment of the overarching investment portfolio performance and delivery execution progress.
• Drive the development and adoption of common governance structures, frameworks, controls and protocols to be used by different businesses/ functions/ geographies.
• With the rest of the Group Transformation team, support the development of a communications and training plan, where applicable, to facilitate learning and change management within the organisation.
• In conjunction with the broader Group Transformation team, build and lead a high-performing project and programme risk management team, promoting a culture of risk awareness and proactive mitigation across all regions.
• Partner with transformation teams and the 2LOD defence teams across the group to embed risk management principles into all program and project planning processes, ensuring consistent adherence to risk protocols.

People & Talent

• Lead through example and build the appropriate culture and values. Sets appropriate tone and expectations for their team and work in collaboration with risk and control partners.
• Lead and support a change in mindset, building a culture of client centricity, agility, and accountability through standardised metrics and measurement, ensuring everyone in the Bank are drivers and owners of client outcomes.
• Set effective metrics and standards, transparently communicating them to team members, providing feedback and rewarding employees accordingly. Set the appropriate tone and expectations for the wider team.
• Ensure the provision of on-going training & development, ensure that relevant direct reports are suitably skilled and qualified for their roles and that they have effective supervision in place to mitigate any risk.
• Create a motivational and challenging environment for staff which is conducive to creativity and performance with customer centricity in mind.

Risk Management

• Develop a comprehensive risk aggregation framework, enabling Bank-wide visibility of the interdependencies and cumulative impacts of risks across all programmes.
• Oversee the creation and maintenance of mitigation strategies that address high-impact risks, with emphasis on scalability and adaptability to evolving regulatory environments.
• Lead scenario planning and resilience initiatives to evaluate potential impacts, ensuring robust mitigation plans are in place for high-stakes execution and delivered risks.
• Build a strong awareness and understanding of the main risks facing the governance, regulatory and performance agenda for the Bank.
• The ability to interpret the Group’s financial information, identify key issues based on this information and put in place appropriate controls and measures.
• Ensure a strong understanding of the risk, control and audit environment within the Bank.

Governance

• Support the development of the narrative for Bank wide portfolio risk and, where relevant, support the coordination of messaging across of all Board, Group, Risk, Audit and Regulatory responses and papers, This includes partnering the 2LOD and 3LOD teams on requests for information (RFI) from external audit partners, regulatory bodies (e.g. PRA, HKMA, MAS, FED, etc.), etc.
• Prepare and present reports, presentations, papers, to support discussions and decision making at various forums (e.g. Group MT, Committees).
• Work with all Group Investment Management Committee (GIMC) members to establish and maintain an active repository of key follow up risks and issues emerging from internal and external forums / request for information and ensure their effective closure.

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Global Head, Group Transformation
• Global Head, Portfolio Risk Management
• Group Transformation Management team and their respective teams
• Group Operational Risk
• Group Internal Audit
• Group Regulatory Liaisons
• Risk Committees, Group and Board Secretariats

Our Ideal Candidate

• Bachelor’s or Master’s degree in Business, Finance, Risk Management, or a related field advanced degrees preferred.
• 10+ years of experience in risk management, with a significant focus on portfolio, programme, and project change risk in large, global, and regulated environments.
• Extensive expertise in risk aggregation, regulatory compliance, and mitigation planning.
• Understanding and evidence of change delivery, governance standards, change management, financial management, project lifecycle and related lifecycle stages.
• Exceptional analytical, strategic, and communication skills, with proficiency in risk management software, data analytics, and scenario analysis.
• A results-driven professional who takes ownership to deliver, with a high level of flexibility and a preparedness to ‘roll up his/her sleeves’ to get the job done. Proven success in holding individuals accountable for progress against agreed deliverables.
• Strong stakeholder management skills, with the ability to build relationships and influence across all levels of the organisation.
• Effective influencing and communication skills – oral, written and presentation. Proven success in communicating technical information in a simple way.
• A team player: multi-culturally aware with a proven ability to work in a global service delivery model, with onshore and offshore resources.
• Demonstrate understanding of and commitment to the Group’s core values

Role Specific Technical Competencies

• Risk Management
• Change Management
• Portfolio Management and Analytics
• Performance 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. 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.

Recruitment Assessments

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Visit our careers websitewww.sc.com/careers