Manager, Markets Governance and Control Assurance

Job ID: 18145

Location: Kuala Lumpur, MY

Area of interest: Operations

Job type: Regular Employee

Work style: Office Working

Opening date: 24 Apr 2025

**Job Summary**

**Strategy**
- Driving optimal performance through evolving the FM Central Control Group Target Operating Model, clearly defining roles and responsibilities and team coaching and management. Setting clear direction for the team.

**Business**
- Markets Control Assurance supports the Markets Risk and Control function.
- The activities include:

- Oversees production of Risk Publications on risk reporting and hygiene actions to ensure the business and the Markets 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 M7 (Group OR management system) data management.

Acting as a support partner to Markets risk management team**Processes**
Risk Reporting
- Production and distribution of Markets 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.

**Key Responsibilities**

**Risk Reporting**
- Production and distribution of Markets 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.
- EORP data management. Support Global Process Owner across the operational risk framework and the process universe record maintenance in M7.

**People & Talent**
- Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
- Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
- Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
- Ensure the team is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively, to support sustainable business growth and address financial crime risks.

Ensure the team can clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions
**Risk Management**
- Understand principle and standards relevant to Enterprise Risk Management Framework,
- Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from CST/KCI reviews.
- Inform senior management of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or cease activities.

**Skills and Experience**

**Governance**
- Attend relevant management meetings.
- In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
- Prepare and cascade lessons learned from audit findings, and specific investigations.

Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the function.
**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