Standard Chartered India | Mgr, BORM

Responsibilities

• The incumbent should understand how the CDD requirements and accordingly perform the duties under this role.
• The incumbent is required to review the CDD processes, the controls and their results for which the appointment is being done.
• The incumbent should be able to manage, handhold, develop talent of his teammates.
• Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
• Lead and support implementation of OR initiatives for the Business Unit.
• 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.
• Ensure risks issues identified are resolved in an appropriate and timely manner.
• Assist Business Head, CR BRM in the implementation of OR framework or other relevant OR initiatives.
• Identify gaps and arrange training on compliance and OR for staff.
• Partner with business and functional teams to support the design, implementation, and strengthening of risk mitigation actions and controls.
• Provide challenge and guidance on control effectiveness (including design effectiveness, operating effectiveness and testing strategies), ensuring risks are managed within agreed appetite and aligned to business objectives.
• Track remediation actions and risk treatment plans, supporting timely closure and sustainable outcomes.
• Support ongoing monitoring and reporting of key risks, issues, and control metrics.
• Prepare risk insights, dashboards, and materials that enable effective oversight, escalation, and informed governance discussions.
• Ensure risk management activities are conducted in line with internal policies, frameworks, and regulatory expectations, supporting audit, review and regulatory engagements as required.
• Work closely with Second and Third lines of defence (e.
• Act as a trusted risk advisory partner to business stakeholders, providing timely, practical risk insights that inform decision making, execution priorities, and trade-offs.
• Support the business in understanding risk implications associated with new initiatives, products, process changes, or external developments.
• Identify training and development needs, provide congenial atmosphere for team to work efficiently.
• Execution responsibility for identifying, assessing, monitoring, controlling and mitigating operational and reputational risks to the Group.
• Monitor and track Issues and Events.
• Track actionable from Internal and external audits.
• Ensure reporting timelines are adhered.

Requirements

• Should be able to understand and align to the bank’s strategy and should be able to ensure that controls put in place do not become bottleneck in achieving the goals.
• Effectiveness of the control and monitoring of operational risk, compliance risk prevention at the Business Unit level.

Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa and the Middle East. It was formed in 1969 through the merger of Standard Bank and The Chartered Bank.

Its Indian global business services centres hire finance professionals for financial control, stress testing, regulatory reporting, tax and risk roles.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Present in India for over 150 years, with global business services centres in Bengaluru and Chennai