Senior Operational Risk Officer

Description
1. To ensure Operational Risk Framework and all associated policies and procedures and the Risk Management Framework are effectively embedded and communicated in country, particularly in Businesses. 2. To be the central point of contact for operational risks within the country arising within the processes, including being responsible for the evaluation of the design and operational effectiveness of all controls in Businesses. 3. To ensure risks of processing failure in Businesses are being actively managed and monitored on an end-to-end basis in country; including providing regular control assessments of required controls and escalation in instances.Key Roles and Responsibilities1. Ensure that the business heads and relevant staff understand and accept their operational risk management responsibilities.
2. Periodically assess the country operational risk profile to maintain alignment with the risk appetite. Redesign controls as required in response to internal and external factors
3. Provide a central contact point and oversight over all controls required to effectively manage operational risk within the country that arises from the end to end processes
4. Challenge the completeness of risk identification, monitoring and assessment of the corresponding control activities required within the end to end processes to identify and remediate any significant deficiencies.
5. Ensure compliance with Operational Risk policy & procedures.
6. Validate and challenge the first line risk identification and assessment of gross and residual risks arising within the end to end processes.
7. Review and approve risk record templates for acceptance.
8. Ascertain and confirm that country risk registers, KRIs, KCIs, and control sample testing are effectively implemented.
9. Periodically review operational risk assessments to ensure these appropriately reflect changes in environment, mitigating controls and the progress of treatment plans
10. Approve the classification and accurate reporting of operational risk losses.
11. Support the preparation and ensure the delivery of RCA for Unsatisfactory Operational Risk event as per procedure.
12. Inform the development of country business plans, exercising appropriate focus on the implementation of robust operating environments, within risk appetite, to support business aspirationsQualifications and Skills1. Bachelor degree, preferably in Mathematics and Computer Science.
2. Strong skills in Bank’s operations particularly Operational Risk, Business and Information Technology preferable.
3. Strong Analytical Skill
4. High Attention to details
5. Fluently Speaking / Writing in English
6. Experience in Operational Risk, Corporate, Financial Markets and Transaction Banking preferable.Diversity and InclusionStandard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.