Primary Location: ASEAN & South Asia-India-Chennai
Employee Status: Permanent
Posting Date: 14/Feb/2020
Unposting Date: 17/Feb/2020
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Quality Assurance: To make sure the quality assurance of operational risk controls across all processes in the corresponding business area.
Competency and Effectiveness: To be fully competent in control measure skills and methodology in conducting sample testing, quality checking, and monitoring; to be effective in identifying control process gaps, timely escalation of identified issues or risks, and any effective actions to mitigate within the accepted timeframe.
Ensure 1st Line risk ownership: To assist business heads or managers truly own all risks in their business areas.
Independence toward control management: To conduct independent and effective sample testing, monitoring, and investigation on all related processes with control measures in order to provide feedback to the Business head/Unit Head/ and control functions in timely manner.
Monitoring and escalation: To be responsible for monitoring all processes in the corresponding area and escalate any issues and risks to the Line Manager / Unit Head.
Investigation, logging and monitoring of Ops Risk issues, events including development and implementation of action plans.
Accurate Updating of Control Sheets
Ensure staff performance is monitored on a continuous basis and feedback provided at regular intervals.
Ensure timely escalation to Senior Management of any exception noticed related to work and environment.
Ensure proper training (OJT) is given to team members whenever required.
Ensure backup staff is identified and trained
To adhere to the agreed KCSA / CST plans and approach
To identify and report all exceptions on noncompliance with standard controls
To identify and report all weaknesses inherent in the standard controls
To ensure exceptions arising out of KCSA / CST checks are immediately rectified and preventive action put in place to prevent recurrence.
Any other Credit Admin related activity asked to be performed by the Line Manager
To actively participate in BCP/DR and any other UAT.
Compliance with all relevant Group Credit Policies & Procedures related to CIB and CB
Compliance with all relevant Group Money Laundering Prevention Policy
Compliance with Group Operational Risk procedures
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: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]*
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Representatives in Group and In-country & Relationship Managers
Ensure that Productivity MIS is updated accurately and immediately after the completion of processing the respective transaction.
Actively participate in automation Initiatives
Ensure that knowledge on Systems and procedures is updated by keeping track of periodical circulars and other instructions issued
Participate in test on knowledge and procedures, departmental quizzes, and Group / Companywide CSR Initiatives. /Trainings
Ensure timely escalation to the Senior Management of any exception noticed related to work and environment
Ensure proper maintenance of the work station and the environment of the workplace
Ensure adherence of Clean Desk Policy of Scope.
Ensure timely completion of all E Learning Courses
Apply now to join the Bank for those with big career ambitions.