Senior Operational Risk Officer| Reporting| Group Operational Risk

  • Category: Bank Jobs
  • Location: Chennai, Tamil Nadu
  • Job Type: Full Time / Part Time
  • Salary: Estimated: $ 23K to 24K
  • Published on: 2025/09/21

The Role Responsibilities

Job Role

This role will support the Head of Reporting, Operational Risk in analysis of the operational risk data including mandatory and voluntary regulatory submissions such as ORX.

The role holder may also be engaged in the analysis of Operational Risk Reports and MI to enhance understanding of the overall risk profile including emerging risks. The role holder will collaborate with various teams for consolidation and analysis of the data and to ensure that the bank meets the established guidelines of its regulatory obligations.

The role holder will implement an ongoing operational risk event validation framework to help identify and rectify data issues that may have downstream implications on internal and external reporting.

Primary Responsibilities
• The role holder is expected to be able source data from multiple channels, apply aggregation principles, perform deep dives and submit a comprehensive assessment of the relevant data analysis performed which may be in the form of reports, committee papers, summaries, presentations or process documents.
• The role holder will be expected to support the regulatory reporting process through undertaking specific validation checks or enhancing the surrounding reporting framework or assume the primary operational risk event regulatory reporting responsibilities.
• The role holder is expected to implement an ongoing operational risk event validation framework to help identify and rectify data issues that may have downstream implications on internal and external reporting.
• The role holder is expected to collaborate with the Systems and Analytics team to provide data requirements for technical analysis or to generate reports as required by the key decision makers
• The role holder should help assess the impact of upstream changes on the reporting activities (regulatory and voluntary undertaken by the team) and drive necessary remedial actions.
• The role holder will be expected to maintain extensive documentation of the relevant data analysis performed from an audit trail perspective and for audit readiness.
• The role holder is expected to consult the key decision makers to understand their data needs, perform the relevant research and propose analysis roadmap.
• Develop a comprehensive understanding of the various internal and external data points and workflows of the existing systems.

Processes
• Ability to prioritise tasks and meet the assigned deliverable timelines whilst managing multiple tasks.
• Apply critical thinking skills to ensure accurate and timely submission of Operational Risk data analysis to the relevant stakeholders in the Bank.
• Act as an advocate for the GORLT, its objectives and best practice in Operational Risk management more broadly where opportunity arises.
• Adhere to such other process and governance requirements as requested by line management, from time to time.
• Drive improvements in data sourcing, analysis, use, dissemination, and maintaining in relation to the reporting team activities.

Governance
• Demonstrate an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Deliver 'effective governance'; capability to challenge colleagues effectively; and willingness to work in an open and cooperative manner with all.

Regulatory and Business Conduct
• Display exemplary conduct and live by the Group's 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.
• Help lead the Group Operational Risk Reporting Team to achieve the outcomes set out in the Bank's Conduct Principles.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders
• Group Operational Risk Team
• System and Analytics Team
• Risk Reporting Team
• Country Operational Risk Team
• Internal Audit
• First Line and Third Line stakeholders
• Business leadership
• Key change, operations and technology partners / vendors

Other Responsibilities
• As delegated by line management from time to time.

Our Ideal Candidate

The role holder will have significant experience in Operational Risk management within the Banking industry, including relevant regulation and industry trends. In particular, the role holder will demonstrate
• A rigorous and analytical approach to risk management.
• Experience in providing and interpreting management information to stakeholders.
• A flexible and proactive approach to enhancing reports and MI and developing requirements in response to the internal and external environment.
• Experience of business partnering, including the ability to synthesise and articulate complex information clearly to diverse audiences.
• Excellent oral, written communication and presentation skills along with drafting skills, accuracy and attention to detail.
• Specific strong competence in the use of Excel for analysis of complex data and PowerPoint for communication purposes.
• Proven experience with co-ordination of many dependencies in a complex, large-scale environment.
• Ability to manage a diverse and challenging stakeholder community / team.

Ideally the role holder will have specific experience of Operational Risk frameworks and have an in-depth knowledge of some of the key organisational and operational challenges faced by a Second-Line Operational Risk function.

The role holder should comply with all mandatory e-learning as prescribed from time to time.

Role Specific Technical Competencies
• Risk Management - Operational
• Risk Management - Reputational
• Business - Business Partnering
• Business - Process Management

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website


Company Name: The Role Responsibilities Job Role This role will support the Head of Reporting, Operational Risk in analysis of the operational risk data including mandatory and voluntary regulatory submissions such as ORX. The role holder may also be engaged in the analysis of Operational Risk Reports and MI to enhance understanding of the overall risk profile including emerging risks. The role holder will collaborate with various teams for consolidation and analysis of the data and to ensure that the bank meets the established guidelines of its regulatory obligations. The role holder will implement an ongoing operational risk event validation framework to help identify and rectify data issues that may have downstream implications on internal and external reporting. Primary Responsibilities • The role holder is expected to be able source data from multiple channels, apply aggregation principles, perform deep dives and submit a comprehensive assessment of the relevant data analysis performed which may be in the form of reports, committee papers, summaries, presentations or process documents. • The role holder will be expected to support the regulatory reporting process through undertaking specific validation checks or enhancing the surrounding reporting framework or assume the primary operational risk event regulatory reporting responsibilities. • The role holder is expected to implement an ongoing operational risk event validation framework to help identify and rectify data issues that may have downstream implications on internal and external reporting. • The role holder is expected to collaborate with the Systems and Analytics team to provide data requirements for technical analysis or to generate reports as required by the key decision makers • The role holder should help assess the impact of upstream changes on the reporting activities (regulatory and voluntary undertaken by the team) and drive necessary remedial actions. • The role holder will be expected to maintain extensive documentation of the relevant data analysis performed from an audit trail perspective and for audit readiness. • The role holder is expected to consult the key decision makers to understand their data needs, perform the relevant research and propose analysis roadmap. • Develop a comprehensive understanding of the various internal and external data points and workflows of the existing systems. Processes • Ability to prioritise tasks and meet the assigned deliverable timelines whilst managing multiple tasks. • Apply critical thinking skills to ensure accurate and timely submission of Operational Risk data analysis to the relevant stakeholders in the Bank. • Act as an advocate for the GORLT, its objectives and best practice in Operational Risk management more broadly where opportunity arises. • Adhere to such other process and governance requirements as requested by line management, from time to time. • Drive improvements in data sourcing, analysis, use, dissemination, and maintaining in relation to the reporting team activities. Governance • Demonstrate an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role. • Deliver 'effective governance'; capability to challenge colleagues effectively; and willingness to work in an open and cooperative manner with all. Regulatory and Business Conduct • Display exemplary conduct and live by the Group's 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. • Help lead the Group Operational Risk Reporting Team to achieve the outcomes set out in the Bank's Conduct Principles. • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Key Stakeholders • Group Operational Risk Team • System and Analytics Team • Risk Reporting Team • Country Operational Risk Team • Internal Audit • First Line and Third Line stakeholders • Business leadership • Key change, operations and technology partners / vendors Other Responsibilities • As delegated by line management from time to time. Our Ideal Candidate The role holder will have significant experience in Operational Risk management within the Banking industry, including relevant regulation and industry trends. In particular, the role holder will demonstrate • A rigorous and analytical approach to risk management. • Experience in providing and interpreting management information to stakeholders. • A flexible and proactive approach to enhancing reports and MI and developing requirements in response to the internal and external environment. • Experience of business partnering, including the ability to synthesise and articulate complex information clearly to diverse audiences. • Excellent oral, written communication and presentation skills along with drafting skills, accuracy and attention to detail. • Specific strong competence in the use of Excel for analysis of complex data and PowerPoint for communication purposes. • Proven experience with co-ordination of many dependencies in a complex, large-scale environment. • Ability to manage a diverse and challenging stakeholder community / team. Ideally the role holder will have specific experience of Operational Risk frameworks and have an in-depth knowledge of some of the key organisational and operational challenges faced by a Second-Line Operational Risk function. The role holder should comply with all mandatory e-learning as prescribed from time to time. Role Specific Technical Competencies • Risk Management - Operational • Risk Management - Reputational • Business - Business Partnering • Business - Process Management About Standard Chartered We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us. Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we: • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations • Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum • Flexible working options based around home and office locations, with flexible working patterns • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website

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