Senior Risk Manager, Counterparty Credit Risk (Enterprise Risk Management)

Standard Chartered; New York (NY); Hybrid; USD 154,000 - 232,000; Full time

Job summary

Standard Chartered in New York seeks a Senior Risk Manager to lead Counterparty Credit Risk within the Enterprise Risk Management framework as the firm expands its U.S. broker-dealer footprint.

You will help design risk governance, policy alignment, and risk appetite, coordinating with Federal Reserve, SEC, and FINRA examinations. You will also support the CCR Head, Americas in risk oversight, governance, and strategic risk initiatives across the Americas, contributing to framework enhancements

Qualifications

• Market knowledge: 7+ years prior experience in risk management, ideally enterprise risk, counterparty credit risk and broad exposure to operational risk management.
• Business strategy and model: sharp business acumen, leadership, interpersonal skills and multicultural awareness.
• Risk management and control: track record in managing risk across dispersed product bases; expertise in process design and control.
• Regulatory framework and requirement: understanding of regulatory framework and expectations relevant to risk roles.
• Non-technical skills: strong relationship management with senior external stakeholders, including regulators and rating agencies.
• Languages: English.
• Licensing: FINRA licenses are advantageous; no explicit licenses required.
• Partnerships: ability to build sound partnerships across the organisation to deliver outcomes.
• Judgement: sound judgement and courage to perform an effective control role.

Responsibilities

• Oversee Counterparty Credit Risk across Americas portfolios within approved risk appetite and limits.
• Review exposures, concentrations, collateral risks, tenor profiles, credit quality, and country/sector/product risks.
• Identify emerging risks through analysis of market developments and exposure trends.
• Review stress testing and wrong-way risk exposures, recommending mitigants.
• Assist in establishing CCR portfolio limits, triggers, and exceptions.
• Provide independent risk review for complex derivatives and other material exposures.
• Support governance forums and coordination with Front Office, Credit, Legal, Operations, Finance, Technology.
• Support regulatory examinations and risk-related data quality remediation.

Skills

Counterparty Credit Risk

Enterprise Risk

Operational Risk

C&I Credit Risk

Job description

Job Details

Senior Risk Manager, Counterparty Credit Risk (Enterprise Risk Management)

Requisition Number: 64482 | Job Location: New York, USA | Global Grade: Band 5 | Work Type: Hybrid Working | Employment Type: Permanent | Posting Start Date: 19/10/2026 | Posting End Date: 20/12/2026

Job Summary

The role will play a critical role supporting the Risk Lead of Standard Chartered Securities North America LLC (“SCSNA”) in the development and implementation of the Enterprise Risk Management ("ERM") framework for SCSNA as the entity expands into a full-service U.S. broker-dealer. Responsibilities include assisting the Risk Lead in designing and implementing risk governance frameworks, establishing legal entity-specific risk policies and standards, developing risk appetite and limit frameworks, coordinating regulatory readiness activities, and supporting regulatory examinations conducted by the Federal Reserve, SEC, and FINRA.

In parallel, this role supports the CCR Head, Americas in the management, oversight, and governance of Counterparty Credit Risk and broader Traded Risk activities across the Americas region. The individual will contribute to risk governance, portfolio oversight, risk appetite management, regulatory engagement, and strategic risk initiatives, while helping ensure that risk exposures are managed in accordance with Group standards and regulatory expectations.

Additionally, the role will support the Cluster Head, Operational, Technology & Cyber Risk (OTCR), Americas in providing Second Line oversight of Operational Risk across SCSNA and other areas as required. Responsibilities will include supporting risk and control oversight, monitoring and escalation of material operational risks and events, governance and regulatory activities, and independent review and challenge in accordance with the Operational Risk Framework.

Key Responsibilities

General Management of CCR Function in Americas

• Support the CCR Head, Americas in overseeing Counterparty Credit Risk across Financial Markets portfolios and ensuring exposures are managed within approved risk appetite and limits.
• Monitor counterparty and group-level exposures, portfolio concentrations, collateral risks, tenor profiles, credit quality, and country, sector, and product risks.
• Identify emerging risks and deteriorating credit profiles through analysis of market developments, exposure trends, collateral performance, margin activity, and settlement behavior.
• Review material mark-to-market, potential future exposure, settlement risk, stress testing, and wrong-way risk exposures, recommending appropriate risk-mitigation actions.
• Support the establishment, allocation, monitoring, and periodic review of CCR portfolio limits and triggers, including temporary increases, waivers, and exceptions.
• Provide independent risk review and challenge for complex derivatives, securities financing transactions, structured financing, long-settlement transactions, and other material exposures.
• Assess transaction structures, counterparty creditworthiness, exposure profiles, collateral terms, margining arrangements, legal protections, liquidity, and concentration risks.
• Review transactions requiring Traded Risk approval, including limit and tenor excesses, collateral or margining exceptions, wrong-way risk transactions, and exceptions to approved portfolio parameters.
• Assist the CCR Head in exercising delegated authorities, ensuring approvals are appropriately analyzed, documented, conditioned, monitored, and escalated where required.
• Support oversight of pre-deal checks and transactional approvals against counterparty limits, portfolio limits, tenor restrictions, and other applicable risk parameters.
• Monitor limit excesses and transactional breaches and coordinate their timely investigation, classification, escalation, remediation, and reporting.
• Oversee key CCR risk indicators, including outstanding confirmations, past-due and failed trades, margin disputes, missed collateral calls, roll-off risk, and forthcoming break clauses.
• Assess collateralized portfolios and transactions for collateral eligibility, valuation, liquidity, concentration, correlation, haircuts, margining terms, and legal enforceability.
• Review CCR stress-testing results and recommend changes to limits, risk mitigants, transaction structures, or exposures where material vulnerabilities are identified.
• Prepare portfolio analysis, management information, risk commentary, and governance materials covering material exposures, concentrations, limit utilization, stress results, excesses, and emerging risks.
• Support regional and global CCR governance forums and coordinate with Front Office, Credit, Legal, Operations, Finance, Technology, and other control functions.
• Provide CCR input and independent challenge for new products, business initiatives, product programmes, country addendums, booking-model changes, and legal-entity expansion initiatives.
• Support regulatory examinations, audits, policy implementation, data-quality remediation, infrastructure enhancements, and the continued development of CCR capabilities across the Americas.

General Management of Standard Chartered Securities North America LLC

• Support the SCSNA Risk Lead in the design, implementation, and ongoing enhancement of the Enterprise Risk Management (ERM) framework for SCSNA as it expands into a full-service U.S. broker-dealer.
• Assist in the development and maintenance of the broker-dealer risk governance framework, including risk ownership, governance committees, escalation protocols, and three-lines-of-defence arrangements.
• Support the establishment of legal entity-specific risk policies, standards, procedures, risk appetite statements, and limit frameworks aligned with Group requirements and regulatory expectations.
• Assist in the implementation of risk identification, assessment, monitoring, reporting, and escalation processes across key risk disciplines, including Credit Risk, Market Risk, Liquidity Risk, Operational Risk, Compliance Risk, and Strategic Risk.
• Contribute to the development of management information, risk dashboards, risk reporting, stress testing capabilities, capital and liquidity monitoring frameworks, and risk data aggregation processes to support effective risk oversight.
• Support regulatory readiness activities associated with the broker-dealer expansion, including coordination of risk-related deliverables, regulatory examinations, and interactions with the Federal Reserve, SEC, FINRA, and other relevant regulatory authorities.
• Partner with stakeholders across Risk, Compliance, Legal, Finance, Operations, Technology, and the business to support implementation of the target operating model and broker-dealer risk management infrastructure.
• Assist in the execution of key broker-dealer expansion workstreams, including governance and supervisory framework enhancements, risk control implementation, policy and procedure development, operational readiness, control testing, and Day 1 go-live preparations.
• Perform gap assessments against applicable regulatory requirements, Group standards, and industry best practices, and support remediation efforts to strengthen the broker-dealer's risk management framework and control environment.
• Support the build-out of an independent risk management capability for SCSNA, helping ensure that risk management processes, governance arrangements, and control frameworks are appropriate for the scale, complexity, and regulatory obligations of a full-service U.S. broker-dealer.

General Management of OTCR Risks in Americas

• Support the Cluster Head, OTCR, Americas in providing Second Line oversight and challenge of Operational Risk across SCSNA and other areas as required.
• Review and challenge material operational risks, controls and remediation activities, including risk assessments and the effectiveness of the control environment.
• Support the monitoring, escalation and reporting of material operational risks, control issues and Operational Risk Events in accordance with applicable policies and risk appetite.
• Provide Operational Risk input into material business changes, new products and Country Addenda, as appropriate.
• Support relevant Operational Risk governance, management reporting, regulatory and audit activities.

Skills and Experience

• Risk Management – Counterparty CreditRisk
• Risk Management – Enterprise Risk
• Working knowledge of Operational Risk Management
• Risk Management – C & I Credit Risk
• Knowledge of Broker Dealer operations associated Counterparty Credit Risk and Operational Risk management frameworks, and applicable US regulatory requirements.

Qualifications

• Market knowledge: 7+ years prior experience inrisk management, ideally enterprise risk, counterparty credit risk and broad exposure tooperational risk management.
• Business strategy and model: sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness.
• Risk management and control: demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base. Expertise in process design and control.
• Regulatory framework and requirement: awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role of Chief Credit Officer, Financial Institutions Risk.
• Non-technical skills: significant relationship management experience- with external stakeholder at the most senior levels, including client executives, regulators and rating agencies.
• Languages:English.
• No formal Operational Risk-specific licenses or certifications are mandatory for this role. Relevant FINRA licenses are advantageous.
• Ability to build sound partnerships and leverage resources across the organisation to deliver outcomes.
• Sound judgement and the courage to perform an effective control role while maintaining constructive working relationships.

About Standard Chartered

We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy, which combines cross-border capabilities and leading wealth management expertise, helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.

Over our 170-year history, and across a unique geographical footprint connecting Asia, Africa and the Middle East to each other and the world, we've built a bank like no other, with diverse capabilities and partnerships that set us apart.

What We Offer

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies.
• 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 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.

Visit our careers website to learn more about us: www.sc.com/careers.

Recruitment Assessments

Expected annual base pay range for the role is 154,400 USD to 231,500USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations.