Am, Ccg Fm Operations Control Monitoring

3 weeks ago


Kuala Lumpur, Malaysia Standard Chartered Full time

**Job***: Financial Markets

**Primary Location***: Asia-Malaysia-Bukit Jalil KL

**Schedule***: Full-time

**Employee Status***: Permanent

**Posting Date***: 23/Jun/2023, 12:47:56 AM

**Unposting Date***: Ongoing


**Role Responsibilities**

Role is responsible for executing the control monitoring/testing activities related to the controls that has been defined in FM operations business and working with the Country operations and GBS operations of FM to effectively manage risks by ensuring that controls built in place are effective by executing the control monitors in accordance with Risk Management Framework, Group Operational Risk Policies and Procedures and Local Regulations.

**RESPONSIBILITIES**

**Business**

FM Central Control Group (CCG) supports the FM Risk and Control function. **The activities include**: Oversees production of Risk Publications on risk reporting and hygiene actions to ensure the business and the FM COO MT have full visibility of the risks.
- Runs Control Monitoring to ensure robust, consistent and sustainable assessment of controls are executed in line with ORF.
- Support Global Process Owner for risk assessment and EORP (Group OR management system) data management.
- Acting as a support partner to FM risk management team.

**Processes**

Risk Publications
- Production and distribution of FM risk reports as per the agreed timeliness and frequency.
- Ensuring the reports are generated and delivered in a timely manner to the respective stakeholders.
- Escalation of incidents effectively and efficiently.
- Providing information and analysis to management committees and governance forums.
- Development and execution of governance routines.
- Provide oversight and education/awareness on policy change.
- Coordination of risk assessment activities.

Control Monitoring
- Monitor controls in processes and operations by executing control sample tests, monitoring key control indicators and running daily controls check.
- Identify, report and escalate failures in processes and material breaches to controls.
- Follow up on the completion of the remediation plans of identified gaps and weaknesses of processes and controls arising from CST/KCI monitoring and other internal/external reviews.

Global Process Owner Support
- Risk assessment coordination. Highlight risks to management and actively monitor control exceptions and improvement actions to reduce the likelihood of occurrence.
- M7 data management. Support Global Process Owner across the operational risk framework and the process universe record maintenance in M7.

**Risk Management**

Control Monitoring
- Monitor controls in processes and operations by executing control sample tests, monitoring key control indicators and running daily controls check.
- Identify, report and escalate failures in processes and material breaches to controls.
- Follow up on the completion of the remediation plans of identified gaps and weaknesses of processes and controls arising from CST/KCI monitoring and other internal/external reviews.

**Governance** **

**Regulatory & 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.
- Lead the FM CCG to achieve the outcomes set out in the Bank’s 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**
- FM COO Management Team
- FM COO Controls Department
- FM Operations Management Team
- FM Operations Risk Management Team
- Front Office staffs and supervisors
- Data providers
- Highly effective verbal and written English communication skills
- Good presentation, time management, negotiation and influencing skills
- Ability to influence without authority
- Strong analytical and problem solving skills
- Ability to manage multiple work streams with strong problem solving and analytical skills
- Strong communication and presentation skills to varying levels of management
- Strong analytical and problem solving skills
- Proven ability to collaborate effectively with a wide range of stakeholders
- Proficient in Microsoft Office

Role Specific Technical Competencies
- Risk & control and analytics work experience and demonstrated career progression/increase in responsibilities
Strong product knowledge in financial markets, e.g. derivatives (FX, Rates, Commodity and Credit), Fixed Income, FX, Money Market.
Adequate knowledge around Tableau and Excel as these tools are primarily used to produce the MIs and also able to troubleshoot and resolve issues on these tool



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