Standard  Chartered  Bank

Business Analyst ERM-Risk & CFCC Change-KTLO

Singapore, Singapore
Competitive salary
21 Jan 2021
22 Jan 2021
Approved employers
Approved employer
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

In response to the multiple regulatory requirement (PRA's supervisory statement for climate risk and OECD guidelines for Reputational Risk), SCB Group has put in a detailed workplan for develop a robust form of accessing, monitoring and reporting Climate and Reputational risk for SCB's Clients.The Risk and Compliance KTLO team is responsible for defining and driving discretionary and regulatory changes across various Compliance/Risk processes/systems.The team plays a pivotal role in providing simple solutions, delivering quality service and realising resource and budget efficiencies.

A key requirement for this position is to represent ERM in the change programs initiated by business, ensuring successful implementation of change from the ERM infrastructure perspective and support the ERM agenda and embed the ERM framework while enhancing / orchestrating changes

Key responsibilities
  • Undertake the role of a change agent for ERM (comprising of Reputational Risk and Climate Risk) - to identify needs for process improvements in the current Risk measurement and reporting process, provide solutions and oversee implementation.
  • Represent ERM Stakeholders in relevant project working groups including onboarding of new processes/vendors for Reputational and climate risk, ensure that ERM's interests are addressed.
  • Develop and maintain a plan for ERM stakeholder engagement; identifying the key stakeholders for each activity, ensuring the leads for each activity are engaged in a timely manner. Escalate when potential risks to delivery are foreseen.
  • Manage and co-ordinate all ERM related Book of Work (BoW) items to ensure critical business requirements are prioritized and delivered to agreed timelines.
  • Analysis of ERM business requirements, clearly and unambiguously translating the agreement reached with the business with respect to the expected functionalities.
  • Work in conjunction with various non-Risk (SCM, Ops, Data, Finance, Modelling, Strategy) and Risk technology teams on solutioning, testing and implementation of related changes for ERM.
  • Lead the testing effort through test case articulation, planning logistics, oversee UAT, track bug fixes and ensure Sign off.
  • Provide necessary support, including training to the various users during the UAT phases and post go-live as well and ensuring portfolios set up for ERM.
  • Support the Reputational Risk business stakeholders in delivering and maintain a system to monitor and report the Reputational Risk Index. Establish and maintain the processes around the Rep risk working group, recording of minutes (decision items and action items), and ensure timely delivery.
  • Support the Climate Risk business stakeholders to deliver PRA's supervisory requirements and BES submission for the year 2021. Maintain the climate risk workplan, proactively manage status updates and follow through action items to closure.

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 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.

Key Stakeholders
  • Technology Partners from risk
  • Business Process Owners
  • Risk data teams
  • PMO
  • Data Strategy Team
  • Model Validation Team

Our Ideal Candidate

  • High level knowledge of project management is preferred
  • Experience in climate risk/reputational risk regulation is preferred.
  • Strong communication skills, ability to tailor messages to the audience and influence stakeholders.
  • Possess a driven, can-do attitude and proactive in stakeholder engagement.
  • Comfortable in working with multiple stakeholders' teams and functions.

Experience & Skills:
  • Strong preference for climate risk knowledge and knowledge on principal risk types.
  • Good experience in coordinating policy/process changes between different risk and front office functions
  • Ability to manage senior stakeholders and run the BOW prioritization meetings
  • Experience in agile project methodologies as product owner
  • Good communication skills (both verbal and written).
  • Ability to identify stakeholders and ensure appropriate engagement.
  • Degree in Finance, Accounting or Risk Management is preferred
  • Proven track-record of managing and delivering change in a Regulatory project environment
  • Excellent stakeholder management experience across multiple streams - business users, technology, finance, data
  • Ability to present complex information in a succinct manner to senior management
  • Ability and experience of managing delivery in an Agile project environment
  • Strong analytical and conceptualisation skills, with a view to adopting or establishing industry best practices.
  • Focused and organised, with ability to prioritise and deliver effectively.
  • Bachelors/Master's Degree in Banking / Finance / Management from a well-reputed university.
  • 5+ Years of experience

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages. We welcome conversations on flexible working.

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