Business Operational Risk Manager Standard Chartered Bank - Tanzania

Job Description

1. Assist the Chief Information Officer in directing and overseeing the day-to-day management of operational risks at the business level including driving and directing compliance in each unit.
2. Implement controls within Technology & Operations (T&O) to meet regulatory and internal requirements. In addition, drive and implement an effective risk management framework, and promote a strong risk management and a compliance culture.
3. Partner the units within T&O on operational risk matters to ensure growth is balanced with risk management and control. Ensure proper functioning of day-to-day controls, periodic monitoring activities, timely identification and reporting of significant risks and losses and effectiveness of risk mitigation actions.
4. Work with Group / Country Legal & Compliance and the businesses to ensure there is adequate training in Compliance. In addition document and implement controls to ensure compliance with regulations and Group Standards.
5. Assist the Country CEO in managing the Country Operational Risk Committee (CORC) process and ensuring the effectiveness of country ORMA framework.
6. Co-ordinate implementation efforts of Unit Operational Risk Mmanagers (UORMs) to sustain an effective risk management framework and promote a strong risk management and compliance culture in the country. 

Key Roles & Responsibilities 

1. Drive and support the identification and management of operational risks on a daily basis and a source of reference within the Business Unit in facilitating and promoting the understanding of operational risk and compliance requirements and issues.
2. Ensure that policies are implemented effectively within Business, new regulations are properly communicated, and provide quality assurance on the the design of the control measures and monitoring plans. Co-ordinate, analyse and consolidate OR and loss reporting to the Business Unit Head and BORG.
3. Design and implement control measures and monitoring plans for compliance and operational risk management. Ensure that controls are effective for compliance monitoring and risk management.
4. Ensure adherence to the risk management framework in identifying, controlling, monitoring and reporting of risk.
5. Ensure sufficient actions are undertaken to mitigate, reduce or contain the identified operational risks. Undertake and / or co-ordinate periodic business monitoring (self-assessment) activities, escalating issues to Business Head.
6. Ensure sufficient actions are undertaken by Business Units to comply with all key regulations, compliance and internal standards.
7. Ensure the risks associated with new and changed products, services and business strategy are sufficiently assessed and mitigated.
8. Assist the Business Head in preparing the business level OR profile and other relevant reports for the CORG and Group Functions and ensure accuracy and completeness of data.
9. Lead and co-ordinate effort to enhance the general risk management and compliance culture within the business. This includes communication and other initiatives to change mindset and behaviour of staff.
10. Ensure all essential policy and regulatory requirements are communicated and disseminated to the relevant parties on a timely basis.
11. Act as the Business Money Laundering Prevention Officer (BMLPO), to ensure appropriate internal controls and procedures for money laundering prevention are in place and functioning as intended. This includes conducting investigation on financial crime risks.
12. Identify gaps and conduct staff training on OR and compliance for all staff.
13. Could undertake the role of Business Continuity Manager and CORG Coordinator 

Qualifications & Skills 

1. Relevant business experience, including experience within business operations.
2. A clear understanding of the Bank’s approach to the management of operational risk, or equivalent experience gained in other organisations.
3. The sound judgement and courage necessary to perform a control role and maintain effective working relationships. 

How To Apply 

You can search and view current opportunities across our organisation and apply immediately by registering or logging in to our careers website www.standardchartered.com/careers. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role 

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information) 
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience. 

Diversity & Inclusion 

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.