03 Oct
|
Standard Chartered India
|
Mumbai
03 Oct
Standard Chartered India
Mumbai
Job Summary
• Assist Business Head/ Head BRM in coordinating, driving and directing effective compliance and operational risk management at the Business Unit level.
• Implement controls within the Business Unit to meet all regulatory and internal requirements.
• Ensure proper functioning of day-to-day controls, periodic monitoring activities and timely resolution of risk issues.
• Ensure effective management of non-financial risk of the Banking business on behalf of the Group Process Owner through the following key responsibilities:
Risk Identification, Assessment & Insight
• Lead risk incident governance (operational, financial, conduct and non-financial) impacting business activities, client outcomes, and operational resilience, including triage, classification, escalation and management reporting
• Ensure thorough analysis of incidents, risk events, and near misses to identify root causes, control gaps, and systemic themes, providing actionable insights to prevent recurrence and proactive identification of risk.
• Apply data, scenario analysis,
and thematic reviews to highlight emerging risks, concentration areas, and interdependencies across business activities.
Key Responsibilities
• To be the source of reference within the Business Unit in facilitating and promoting the understanding of OR and compliance requirements.
• Lead and support implementation of OR initiatives for the Business Unit.
• Proactively communicate with the Business Head/ Head, BRM / Head CR BRM on operational risk issues. Escalate significant events to Business Head / Head, BRM/ Head, CR BRM as appropriate.
• Coordinate and consolidate operational risk and loss reporting of the unit for the reporting to the various forums.
• Design and implement control measures and monitoring plans for compliance and operational risk management. Ensure effectiveness of controls for compliance monitoring and risk management.
• Undertake and/or coordinate periodic business monitoring (self-assessment) a
📌 Business Risk Manager (Mumbai)
🏢 Standard Chartered India
📍 Mumbai