Job
Description
Risk Identification, Analysis and Assessment of CFCC Risks, measure exposure to those risks and design, build and recommend control framework to mitigate and manage those risks, to enable structural and thematic risk response or remediation. Risk monitoring of dynamic changes to risk and control environment, generate operational level insights to enable operational or tactical risk response or remediation. Perform targeted deep dive into material or emerging or unknown risk areas due to a change in threat profile or business strategy, to enable structural risk response or remediation. Manage issues and events as it occurs, perform root cause analysis and lessons learnt, remediate vulnerabilities, reduce exposures, fix gaps to improve control environment. Manage CFCC risks introduced due to business change, perform a holistic assessment of impact of those changes to Businesses, mitigate and manage those risks proactively, to enable a sustainable growth of business. Provide Business risk advisory in areas such as policy and regulation, business, or product change, to enable a sustainable growth of business. Provide actionable risk insights and recommendation actions & decisions to Business, Products, Clusters and Countries Compliance and Specialist teams for them to drive & deliver client aware and risk focused outcomes and decisions. Work with CFCC Product Owners in continuous improvement of products and services, build and innovate using reg tech and data analytical products. Strategy Contribute materially towards the development, support, and implementation of the vision, strategy, and direction of the CFCC Professional Services team and in support of the Bank s strategic direction and growth aspirations. Responsible to work with CFCC Product & Professional Services colleagues, CFCC Coverage & Specialist Teams and Business Risk Managers to identify risks across the Bank and drive appropriate action. Business Build and maintain an effective and constructive relationship with all CFCC Product & Professional Services colleagues, CFCC Coverage & Specialist Teams and Business Risk Managers that is based on trust, capability and integrity, providing timely, responsive and quality CFCC related advice and guidance to enable the business and functions to meet/ achieve their strategic tactical objectives. Support the integration of the Professional Services into the Bank s overall CFCC Risk Management strategy. This includes (but not limited to): taking ownership of incoming queries by not handling them off, taking a leading role in actively becoming the go-to person for all risk assessments and monitoring and ensuring Business advise provided is consistent and aligned to CFCC s advisory model. Work closely with CFCC Product & Professional Services colleagues, CFCC Coverage & Specialist Teams and Business Risk Managers, as well as other key stakeholders, to provide substantive oversight support and enable sustainable CFCC outcomes. Execute high standards of regulatory compliance and deliver key priorities and initiatives, aligned to the Professional Services performance scorecard. Advanced level Expertise on CFCC risks, respective Business and Product and Global regulatory frameworks. Skills and Experience Processes Analyse comprehensive impact of CFCC related risk and regulatory matters which has impact in SCB through quantitative and qualitative assessment.. Establish workflows, build, and maintain effective processes / DOIs to perform Risk Assessments, Risk Monitoring and Risk Advisory, aligning with Group and relevant regulatory requirements. Independently perform deep dive reviews and thematic analysis to completion. Continuous improve and calibrate the processes, approaches, practices and methodologies. Supports efforts to ensure the effective management of CFCC matters management of regulatory issues that have a significant impact on the Bank and support relevant stakeholders to respond to regulatory questions. Collaborate with relevant Business, Risk and CFCC stakeholders to work towards holistic risk management across business, product, country, and cluster risks. People & Talent Promote and contribute to an environment where knowledge exchange, continuous learning, agile, prioritisation, deadline management, streamlined workflows and collaborative work practices are the norm. Promote and embed a culture of openness, trust, and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm. Execute through example, build, and influence the appropriate culture and values. Maintain strong relationships with the wider Professional Services team, Countries, Business and CFCC Risk Managers encouraging collaboration. Provide constructive development feedback at business, function, country, and individual level as appropriate on CFCC matters. Contribute materially to the exchange of knowledge, best practice and lesson learned across the network between Professional Services and CFCC colleagues especially in relation to regulatory risks and compliance with relevant regulations and internal policies/standards. Transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviours. Risk Management Deliver the defined aspects of the Professional Services role to support the Group s CFCC risk management approach and objectives. A full understanding of the risk and control environment for CFCC risks. Supports efforts to ensure the effective management of CFCC matters management of regulatory issues that have a significant impact on the Bank and support relevant stakeholders to respond to regulatory questions. Collaborate with relevant Business, Risk and CFCC stakeholders to work towards holistic risk management across client segments / products risks. Governance Develop appropriate risk-based compliance framework for identifying, assessing, managing, monitoring, mitigating, and reporting CFCC risks. Develop or assist in developing and recommend appropriate Risk Assessment standards across CFCC risk types, meeting all Compliance requirements. Build in the identification and escalation of potential business CFCC related risks and issues to senior management through appropriate governance channels and the Quality Assurance framework. Support the management of end-to-end lifecycle of audit, assurance, and regulatory reviews, in relation to Professional Services, including tracking, remediation and preparing lessons learned from such reviews. Qualifications 12+ overall working experience, Banking or Financial Institution or Regulator or Fintech or equivalent industry 5+ years in atleast one of the below 5+ years of advanced practitioner level experience in Conduct or Compliance or Financial Crime Risk management, and/or Conduct & Compliance Risks Data Risk Conflict of Interest Non-Financial Regulatory Reporting Regulatory Conduct Market Conduct Client Conduct Financial Crime Risks Anti-Money Laundering Anti-Bribery & Corruption Sanctions Fraud (Internal and External) 5+ years of advanced practitioner level experience in Business or Product or Operations Risk Management with exposure to Conduct or Compliance or Financial Crime or Control Oversight in a front or first-line role, and/or 5+ years of advanced practitioner level experience in adjunct or interconnected risk operations disciplines (e.g., Financial Crime Risk Surveillance Operations, Compliance Surveillance Operations) Other important Experience: 5+ years of extensive experience Well versed with tools and techniques of analysing potential risk exposures Understanding of effective communication skills. Understanding of best practice risk assessment techniques and risk management frameworks. Understanding of the key features of relevant laws and regulations relevant to the Group Sound judgement on business practices, regulatory relationship management and reputational risk, Ability to balance both detail oriented and big picture perspectives. Ability to collaborate and work dynamically across functions. We value your practical and hands-on experience in the above domains . Any industry certifications in the CFCC domain are most welcome (e.g., ACAMS, ICA). Any industry certifications in the Business or Product domain are most welcome
