• Associate Manager - Static Data Unit Jobs in Chennai,India

  • Standard Chartered Bank Ltd

Job Description:

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 Its 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

Were 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

Job Purpose

The purpose of RP is to assist Country Process Owners (CPOs) and Global Process Owner (GPOs) to effectively manage operational risk within the first line of defence The members must ensure that the sampling tests are conducted in accordance with Risk Management Framework, Group Operational Risk Policies and Procedures
To ensure error free work with no operating losses
Emphasis to Identify, assess, monitor, escalate and report operational risks from respective business scope to both business line managers and Unit Head in a timely manner
Ensure Individual Productivity targets are met / surpassed

Processes

Quality Assurance To make sure the quality assurance of operational risk controls across all processes in the corresponding business area
Competency and Effectiveness To be fully competent in control measure skills and methodology in conducting sample testing, quality checking, and monitoring; to be effective in identifying control process gaps, timely escalation of identified issues or risks, and any effective actions to mitigate within the accepted timeframe
Ensure 1st Line risk ownership To assist business heads or managers truly own all risks in their business areas
Independence towards control management To conduct independent and effective sample testing, monitoring, and investigation on all related processes with control measures in order to provide feedback to the Business head/Unit Head/ and control functions in timely manner
Monitoring and escalation To be responsible for monitoring all processes in the corresponding area and escalate any issues and risks to the Line Manager / UORM / Unit Head
Investigation, logging and monitoring of Ops Risk issues, events including development and implementation of action plans
Accurate Updation of Control Sheets
Ensure staff performance is monitored on a continuous basis and feedback provided at regular intervals
Ensure timely escalation to Senior Management of any exception noticed related to work and environment
Ensure proper training (OJT) is given to team members whenever required
Ensure backup staff is identified and trained
To adhere to the agreed CST / KCI plans and approach
To identify and report all exceptions on non compliance with standard controls
To identify and report all weaknesses inherent in the standard controls
To ensure exceptions arising out of CST / KCI checks are immediately rectified and preventive action put in place to prevent recurrence
Any other Admin related activity asked to be performed by the Line Manager
To actively participate in BCP/DR and any other UAT

Risk Management

Compliance with all relevant Group Policies & Procedures related to CIB and CB
Compliance with all relevant Group Money Laundering Prevention Policy
Compliance with Group Operational Risk procedures

Regulatory & Business Conduct

Display exemplary conduct and live by the Groups 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 the team to achieve the outcomes set out in the Banks 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

Key Stakeholders

Representatives in Group and In-country

Other Responsibilities

Ensure that Productivity MIS is updated accurately and immediately after the completion of processing the respective transaction
Actively participate in automation Initiatives
Ensure that knowledge on Systems and procedures is updated by keeping track of periodical circulars and other instructions issued
Participate in test on knowledge and procedures, departmental quiz, and Group / Companywide CSR Initiatives/Trainings
Ensure timely escalation to the Senior Management of any exception noticed related to work and environment
Ensure proper maintenance of the work station and the environment of the workplace
Ensure adherence of Clean Desk Policy of Scope
Ensure timely completion of all E Learning Courses

Our Ideal Candidate

Preferably Graduate / Post Graduate
Basic Understanding of Banking with experience ranging from 5-15 years
Advanced Product & process knowledge (knowledge in terms of customers, products and transactions)
Core Risk awareness
Banking operations experience (Static data, Credit, Client Service, CDD, payments, trade, markets or other) and service oriented attitude
Good Oral & Written communication
Full understanding on Banks RMF, ORMF and skills in managing operational risk
Sound judgement and courage to perform a risk and control role and maintain effective working relationship in the first line of defence
Fully competent in sample testing methodology, conducting quality check and assuring operational risk being properly managed in the first line

Apply now to join the Bank for those with big career ambitions

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Production/Manufacturing/Maintenance/Packaging
Role : Production/Manufacturi ng/Maintenance
Salary : As per Industry Standards
Deadline : 08th Apr 2020

Key Skills:

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