Description
Assist Business Unit Head and Head of Risk & Control 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.
Key Roles and 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 Unit Head and Head R&C on operational risk issues. Escalate significant events to Business Unit Head /Head R&C/Business Head as appropriate.
Coordinate and consolidate operational risk and loss reporting of the unit for the reporting to the ITO Management Forum, Head R&C and Business Unit Head. Ensure data accuracy and completeness.
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) activities within the Business Unit and escalate findings and or breaches to Business Unit Head and Head R&C, when they occur.
Ensure risks and issues identified are resolved in an appropriate and timely manner.
Assist Head R&C in the implementation of OR framework or other relevant OR initiatives.
Could act as the Unit Money Laundering Prevention Officer (UMLPO), or cooperate with the UMLPO to ensure appropriate internal controls and procedures for money laundering prevention are in place and functioning as intended. Where appropriate, assist in the investigation of financial crime risks.
Identify gaps and arrange training on compliance and OR for staff.
MORE AND APPLY
Assist Business Unit Head and Head of Risk & Control 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.
Key Roles and 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 Unit Head and Head R&C on operational risk issues. Escalate significant events to Business Unit Head /Head R&C/Business Head as appropriate.
Coordinate and consolidate operational risk and loss reporting of the unit for the reporting to the ITO Management Forum, Head R&C and Business Unit Head. Ensure data accuracy and completeness.
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) activities within the Business Unit and escalate findings and or breaches to Business Unit Head and Head R&C, when they occur.
Ensure risks and issues identified are resolved in an appropriate and timely manner.
Assist Head R&C in the implementation of OR framework or other relevant OR initiatives.
Could act as the Unit Money Laundering Prevention Officer (UMLPO), or cooperate with the UMLPO to ensure appropriate internal controls and procedures for money laundering prevention are in place and functioning as intended. Where appropriate, assist in the investigation of financial crime risks.
Identify gaps and arrange training on compliance and OR for staff.
MORE AND APPLY
Unit Operational Risk Manager - Standard Chartered Bank
![Unit Operational Risk Manager - Standard Chartered Bank]()
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