Standard Chartered
B&C Solutions Americas BRM
New York, NY
Jan 16, 2025
Full Job Description

Job Summary

The role is responsible for the identification, assessment, and mitigation of the local risks within the Markets business. The role requires collaboration with 2nd and 3rd line and BRMs within Markets and CIB to ensure compliance with regulations and to implement effective risk management strategies. You will supportin developing risk conduct across Markets, focus on bringing functional teams up to industry standards to ensure team meets policy.

You will further need to oversight and ownership from a risk perspective of all open risks related to Markets and specifically Business Client Solutions, this should include all jurisdictions where reporting is required. There should be an emphasis on knowledge in a key markets EMIR/MiFID/DF etc.

Key Responsibilities

  • Work with operation teams, group risk and compliance if there are any incidents that need to be reported to a regulator - making sure that key stakeholders are kept informed of developments.
  • Audit face off task ownership e.g. responding to requests during fieldwork.
    • Prepare for audits by ensuring any concerns are fully documented and where possible resolved prior to audit.
    • Work with audit and be a focal point for them where needed.
  • Performing risk assessments for ad-hoc events such as external event read-across
  • Primary Risk / Event Incident Response Mgmt. (flash, escalation).
    • All risk incidents are shared across all stakeholders as per policy.
    • Ensure all risks are correctly logged in a timely manner into the bank's risk monitoring system.
    • M7 administration (Risk event logging).
  • Evaluation and escalation of risk profiles to relevant committees / forums.
  • Control Oversight for GPOs.
  • Oversight of service management e.g. IGAs, BCP planning, TPCP, TPRM
  • Implementation of policies and procedures into BAU (Markets specific and firm-wide).

Skills and Experience

  • Middle Office Client facing Operations functions

  • Process Improvement.

  • Managing Change.

  • Operational Functions.

  • Operations Risk Management.

  • 7 years of experience in Financial Institutions/Banks of which +3 years in Operational Risk.

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

Expected annual base pay range for the role is 150,000 USD to 215,000 USD. 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

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers websitewww.sc.com/careers

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www.sc.com/careers

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B&C Solutions Americas BRM
Standard Chartered
New York, NY
Jan 16, 2025
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