AVP OTCR Material Controls

Job Summary

• The Operational, Technology and Cyber Risk (OTCR) organisation is instrumental in protecting and ensuring the resilience of Standard Chartered Bank’s operations, data, and IT systems by optimising operational, technology and cyber risk across the enterprise. As a critical function reporting into the Group Chief Risk Officer (CRO), the Group OTCR team serves as the second line of defence for assuring that controls are implemented effectively, in accordance with the OTCR Framework, and for instilling a risk culture within the Bank.
• The AVP, OTCR, Material Controls will be responsible for the BAU management of material controls, ensuring the controls population remains effective, documented, tested, and monitored in line with the Bank’s risk appetite, regulatory expectations, and internal policies and standards.
• The role reports directly to the Head, OTCR, ICS Framework, Risk Appetite & Stress Testing and will work closely with key stakeholders in Operational, Technology and Cyber risks, Finance and other parties as relevant.
• This is a mid-management level role, and the individual will be required to engage with stakeholders across the business, technology, assurance, other risk functions and finance to implement the requirements of UK ACG for Material Controls in BAU.
• We are seeking an experienced and senior leader who will be responsible for the following areas:
  
  

Key Responsibilities

• Assist in the BAU management of UK ACG regulations requirements and reporting of material controls.
• Maintain the repository of material controls across the Bank, ensuring they are risk-aligned and appropriately classified.
• Produce clear, concise management and Board-level reporting on control effectiveness, ineffective controls and remediation progress and ageing.
• Assist in the development of materials for regular updates to Head, OTCR, Risk MT, committees, on insights relating to material controls.
• Support (as required) on matters relating to the central team requirements.
  
  

Strategy

• Assist in the BAU management of UK ACG regulations requirements and reporting of material controls.
  
  

Processes

• Assist in the BAU management of UK ACG regulations requirements and reporting of material controls.
  
  

People & Talent

• Leads through example by upholding high standards of excellence, ethics & code of conduct, governance and risk awareness, and stakeholder partnership & collaboration
  
  

Risk Management

• Assist in the BAU management of UK ACG regulations requirements and reporting of material controls.
• Maintain the repository of material controls across the Bank, ensuring they are risk-aligned and appropriately classified.
• Produce clear, concise management and Board-level reporting on control effectiveness, ineffective controls and remediation progress and ageing.
  
  

Regulatory & Business Conduct

• Displaying exemplary conduct and living by the Groups Values and Code of Conduct.
• Taking 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.
• Effectively and collaboratively identifying, escalating, mitigating and resolving risk, conduct and compliance matters.
• Demonstrating leadership ability to ensure that the team achieves the outcomes set out in the Banks Conduct Risk framework.
• Providing ongoing reporting of risk exposure into governance meetings and to key stakeholders and escalating any blockages to progress to ensure Group MT, Risk & CFCC, and OTCR Scorecard objectives are met.
  
  

Key stakeholders

• OTCR LT
• OTCR SPOC
• 1LOD Business Risk Managers
  
  

Skills And Experience

• Communicating Complex Concepts
• Risk Management
• Operational and Technology Risk Management
  
  

Qualifications

• Industry related qualification in the role
• Degree level education or equivalent
  
  

About Standard Chartered

Were an international bank, nimble enough to act, big enough for impact. For more than 170 years, weve 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 youre 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 cant 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, youll see how we value difference and advocate inclusion.

Together We

• Do the right thing and 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-off including 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 working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through 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 culture to 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.

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