Global Head of Risk and Control, Coverage Banking

Standard Chartered; Singapore; On-site; SGD 350,000 - 480,000; Full time

Job summary

Standard Chartered is seeking a Global Head of Risk and Control, Coverage Banking to lead the Risk & Control function for Coverage Banking, ensuring governance oversight and end-to-end risk management in line with Group standards and regulatory expectations.

The role coordinates across business, second line, and control functions for non-financial risk matters, driving regulatory change execution, risk reduction programs and strategic risk initiatives across regions.

Qualifications

• Degree educated
• Experience in governance and risk management
• Strong leadership and stakeholder management
• Excellent communication skills

Responsibilities

• Oversee end-to-end non-financial risk management across Coverage Banking.
• Lead regulatory change initiatives and risk reduction programs.
• Align risk priorities with Coverage Banking strategy and track progress.
• Design governance forums and ensure risk visibility and reporting.
• Drive risk identification, assessment, and remediation with first‑line coordination.

Job description

Global Head of Risk and Control, Coverage Banking

Lead the Risk & Control function for Coverage Banking, with clear accountability for:
Governance oversight
End-to-end risk management
Execution of regulatory changes and risk reduction initiatives
Ensure a robust, consistent and transparent control environment aligned to Group standards and regulatory expectations.
Act as the central coordination point across business, second line, and control functions for all non-financial risk matters.

Governance Oversight
Establish and oversee effective governance forums (e.g. risk committees, control forums).
Ensure:
Clear risk visibility and reporting
Timely escalation of issues outside risk appetite
Strong tracking of remediation actions
Maintain consistent governance standards across Coverage Banking including front line, and Operations
Support senior management with clear, decision-ready risk insights.

Key Responsibilities

End-to-End Risk Management
Oversee the full lifecycle of non-financial risk
Identification → Assessment → Control → Monitoring → Remediation
Ensure:
Risks are clearly defined, measured, and prioritised
Risk treatment plans are in place and actively managed Control effectiveness is regularly tested and improved
Drive proactive risk management through:
Horizon scanning
Review of internal / external risk events
Continuous improvement of control frameworks
Partner with business and second line to maintain a strong first line control environment.

Regulatory Change & Risk Reduction Execution
Lead the execution of regulatory change initiatives impacting Coverage Banking.
Translate regulatory requirements into:
Clear actions Practical implementation plans Trackable outcomes
Drive delivery of risk reduction programmes, including:
Remediation of control gaps Closure of audit / regulatory issues Simplification and strengthening of processes
Ensure consistent implementation across regions and teams, with clear accountability.

Strategy & Delivery
Align risk and control priorities with Coverage Banking strategy.
Ensure focus and prioritisation of key risk and regulatory initiatives.
Track progress through clear management information and governance forums.

Strategy
Work closely with business heads and lead the design and execution of a robust conduct and control approach aligned to Coverage Banking’s strategic priorities.
Responsible for ensuring key component parts of non-financial risk management for Coverage Banking are managed consistently across Coverage Banking i.e. identification, assessment, governance, and control effectiveness.
Design and oversee framework to ensure appropriate prioritisation of all Coverage Banking non-financial risk and regulatory initiatives through Coverage Banking NFRC and Coverage Banking / Transversal QPR (working closely with Global Head of Transformation, Coverage Banking) and other relevant forums, and measure progress of delivery through the scorecard and appropriate governance forums.
Ensure appropriate governance and oversight of pan Coverage Banking risk management issues at Coverage Banking RC and higher committees, including Financial Crime, Fraud, ESG.
Support Coverage Banking COO for all NFR Group Committees and Regulatory engagements
Define, drive, and oversee implementation of conduct & risk culture agenda through Coverage Banking RC and relevant business forums.
Lead proactive risk identification for Coverage Banking, on behalf of SMRs through Conduct & Culture Pulse-checks where appropriate.

Strategic Risk Initiatives (SRIs)
Partner with Enterprise Risk Management, 2LOD and Coverage Banking business change teams to ensure continuous improvement of the Policy & Standards development and implementation processes through the ERM Policy Clearinghouse and Coverage Banking.
Accountable for consistent and effective governance & implementation of Coverage Banking SRIs.
Own the Coverage Banking SRI pipeline including corresponding budget/funding as part of the Coverage Banking investment planning process.
Ensure work to address SRIs is appropriately prioritised in the Coverage Banking QPR and subsequently cascaded to downstream Business QPRs.
Accountable for complex large-scale regulatory change consultation and Second Line of Defence engagement, regulatory impact assessment, Policy and Standards consultation and coordination, Business Impact Assessment, Coverage Banking-wide dispensations, subject to the nature of the change design pan-Coverage Banking processes, controls, tools, guidance and training artefacts for implementation into affected business areas.
Ensure appropriate reporting of SRI risk, regulatory change management process and treatment actions to NFRCs, Coverage Banking RC or GRC as required.

Business
Demonstrate awareness and understanding of the wider business, economic and market environment in which the Group operates, and good understanding of Coverage Banking clients and business products.
Keep abreast of industry trends and regulatory impacts and ensure Coverage Banking appropriately anticipates and adapts the control environment to address future developments.
Provide Coverage Banking MT and Coverage Banking COO MT with visibility of control effectiveness through agreed set of KCIs and KRIs and escalates emerging risks or potential conduct issues as appropriate.
Partner with Coverage Banking business heads and Risk & CFCR MT members to distil strategic objectives through the corporate planning process into concrete actions and plans, to enable the business to satisfy its risk and regulatory requirements efficiently and effectively.

Processes
Work with each Business Management functions and their respective business / product risk management teams to design and implement appropriate oversight and escalation mechanism through a pan Coverage Banking NFR.
Drive continuous improvement of the operational efficiency and effectiveness of risk management processes, and improve efficiency and scalability, to enable revenue growth.
Work closely with global business leads and relevant global process owners and assess the effectiveness of the annual Risk & Control Self-Assessment (RCSA) process.
Put in place appropriate frameworks to ensure Coverage Banking adheres to Group risk management policies (e.g. ERMF), standards and risk management processes.
Ensure timely identification of emerging risks through horizon scanning as well as first, second or third line internal reviews, regulatory reviews and audits
Ensure all identified risks and residual risks are appropriately assessed ad quantified with clear remediation plans and closely tracked and monitored till resolution at relevant forums.

People & Talent
Lead a global, high-performing team focused on risk and control priorities.
Set clear objectives and ensure delivery against agreed outcomes.
Promote a culture of:
Accountability
Transparency
Strong risk awareness

Risk Management
Ensure there is a framework for effective management of risk under the Group’s Risk Management Framework.
Responsible for working with the business COOs to ensure overall proactive monitoring & tracking of risk treatment plans for Coverage Banking which fall under the governance oversight of the Coverage Banking NFRC.
Provide updates to Coverage Banking FRC AND NFRC on various matters ( but not limited to) such as Quarterly Risk Assessment, Conduct / Risk Culture update and Risk Management Transformation update, and work with the Coverage Banking business COOs, second line of defence and all relevant stakeholders as required to develop and implement appropriate remediation plans to manage risks
Ensure appropriate escalation of risks to the Coverage Banking FRC and NFRC where the residual risks are outside agreed tolerance
Monitor external risk events and lead internal assessment of the risks identified in the event

Governance
Design, implement and maintain the risk, conduct & control reporting for Coverage Banking.
Responsible, together with the business heads and Business Management teams, for maintaining a strong and appropriate first line risk and risk conduct environment across the business.
Present submissions to QPRs/NFRC for prioritisation of treatment, improvement actions and monitoring of risks.
Monitor regulatory change risk profile across Coverage Banking and report any risks/issues to relevant NFRC(s), Coverage Banking NFRC, CIB NFRC as required.

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.
Lead the team to achieve the outcomes set out in the Bank’s Conduct Principles
Effectively and collaboratively identify, escalation, mitigate and resolve risk, conduct and compliance matters.

Other Responsibilities
Embed Here for Good and Group’s brand and values
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Skills and Experience

Our Ideal Candidate

Education
Degree educated

Training
Thought leadership and proven ability to lead and manage various teams globally and effectively collaborate with a wide range of stakeholders
Comprehensive knowledge of risk governance frameworks & quality framework and processes
Subject matter expertise in governance and related operations
Knowledge of process improvement methodologies
Proactive and positive with the ability to make good/sound decisions and use independent judgement
Project and Program Management skills to monitor specific projects and take ownership of issues/ tasks.
Knowledge of all segments in the business and activities with a broad understanding of Coverage Banking business
Ability to create effective work relationships across functions & borders
Interpersonal skills in networking, influencing and decision taking
Good presentation, time management, negotiation and influencing skills
Excellent written & oral communication skills
Can work independently to strict timeframes
Focused, organised and results-oriented
Experience of working with senior stakeholders. Ability to influence senior staff and offshore shared services teams and drive change agenda
Assertive, tenacious and willing to challenge when required
Knowledge of the global regulatory environment and the ongoing developments
Interpersonal skills in networking, influencing and decision taking

Languages
Business fluency in Business Communication

Courage

Action Oriented

Customer Focus

Decision Quality

Technical Competencies: This is a generic competency to evaluate candidate on role-specific technical skills and requirements

Strategic Mindset

Nimble Learning

Manages Ambiguity

Gives Clarity & Guidance

Drives Vision & Purpose

Develops Talent

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