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 & Our Ideal Candidate
To ensure the Traded Risk Framework is effectively communicated and implemented across the Traded Products within Financial Markets (FM), and for administering related governance and reporting, and improvement of Group / Regional Policies and Processes.
To exercise direct Risk Control and Monitoring Ownership for Traded Credit Risk across FM businesses in ASEAN.
To uphold the integrity of risk/return decisions, and in particular for ensuring that risks are properly assessed, that risk/return decisions are made transparently on the basis of this proper assessment, and are controlled in accordance with the Group's standards and its Risk Appetite for FM businesses in ASEAN
CCIB - Financial Markets
People and Talent
Uphold and reinforce the independence of the Traded Risk Management function from those whose primary responsibility is to maximise short-term revenues and profits.
Be pro-active and help build appropriate culture and values within Traded Risk Management function in ASEAN.
Risk Management Risk Appetite
Uphold the integrity of risk/return decisions, by challenging business and control function heads to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and risk appetite
Maintain alignment with risk appetite by rebalancing of risks or controls that may be required in response to internal and external factors
Provide input for stress test on commodity price, foreign exchange, interest rate, and scenario programme in Jump Risk and Global Counterparty Credit Risk Forum. Review the results and assess their implications.
Be alert to significant market movement and provide appropriate response to material events or other risk issues
Approve Enterprise Appropriateness of FM transactional requests and other required approval and/or waive breaches of Financial Markets Credit Policy & Procedures under own personal discretion.
Risk Control Ownership of Credit and Operational Risk
Ensure risk identification, measurement, reporting, and modelling capabilities are objective, consistent, and compliant with applicable regulations
Ensure that material risk exposures and related issues are reported to CCR Head, ASA for notifying the responsible Financial Markets Product Governance Committees and to Group and Business-level committees as appropriate.
Design, maintain and effectively communicate risk control parameters across Financial Markets, including policies, control standards, risk exposure limits and other control levers in order to maintain Wholesale Bank's risk profile in line with the Group's risk appetite.
Ensure the completeness of Operational Risk Control activities, i.e., KCIs/CSTs, Business Continuity Plan, Recovery Exercise, Fire Drills, etc. for Traded Risk Management (TRM) and identify and address any significant gaps that may exist between them
Maintain a good understanding of the requirements of the Bank's key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal procedures
Ensure the effectiveness of controls and compliance with applicable laws & regulations with regard to client's appropriateness and suitability through spot checks and other monitoring methods.
General Management of the Traded Risk Management Function in ASEAN
Facilitate Financial Markets business through approving new Product Programs and Country Addendums, ensuring proper counterparty limits set for liquidity management and for trading, and revising credit excess approval guidelines to enhance framework for approval criteria & turnaround time.
Manage risk exposures in the trading portfolios. Provide early warning and identify deteriorating credits. Manage exposure down as required.
Provide guidance to Structuring, Sales, Relationship Manager, and SCOs with regard to appropriateness and suitability assessment of complex structure products, monitoring & reporting, and escalation.
Contribute to the strategic intent and Collective Agenda for Market and Traded Credit Risk Management function.
Maintain and develop risk capabilities, skills and infrastructure to meet ongoing business needs and plans
Ensure effective management of operational risks within the Traded Risk Management function and compliance with applicable internal policies, and external laws and regulations.
Governance Risk Governance
Assist the Senior Manager, CCR ASEAN in contributing to provide input to the various risk committees on arising risk issues and new policies and processes.
Help ensure that global and regional business and product heads and all Risk Control Owners understand and accept their risk management responsibilities through Financial Markets' local and regional committees.
Maintain an open and cooperative relationship in dealings with regulators and auditors.
Assist in Managing the Enterprise Appropriateness Framework according to the Bank's policies and procedures.
Assist the CCR Head, ASA in managing and reviewing Group CSA collateral for liquidity purposes.
Assist the CCR Head, ASA in managing and reviewing Group's structured funding portfolio for reporting to the Global Counterparty Credit Forum.
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.
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.