Standard Chartered Hiring for AVP, Reputational & Sustainability Risk at Bengaluru, Karnataka Full Time

The Role Responsibilities

Job Role

This role is integral to drive the Reputational and Sustainability Risk agenda and embed the Reputational and Sustainability Risk framework within key business processes and across markets.

The AVP, Reputational and Sustainability Risk, ERM will

In accordance with the Enterprise Risk Management framework, embed the policy framework of Reputational and Sustainability risk in fulfilling the requirements of second line oversight and challenge to key stakeholders across the Group.

Drives management of the Group’s reputation through robust implementation of effective Reputational and Sustainability risk management and perform second line of defence oversight for reputational, and greenwashing risk.

Support review of Sustainable and Transition Finance as a second line of defence.

Support consultation, documentation, and impact assessment of areas of regulations relating to Reputational and Sustainability risks.

Support second line review of business activities in voluntary carbon markets.

Support the ongoing attestation to regulatory authorities to confirm compliance to relevant regulations.

Collaborating with Enterprise Risk Management and Businesses to ensure Risk Appetite, Corporate Plan, risk identification and other key risk management activities are well integrated with business strategy and aligned with evolving Sustainability and ESG risk management principles and regulations.

Provide inputs to Reputational and Sustainability Risk Framework Owner in the review of control environment for weaknesses.

Strategy

Drive the integration of the Sustainability Risk management across Clients, Third Parties and Operations, in alignment with our Bold Stands and Chapter 3 ambitions.

Support the delivery of a strategic approach for Sustainability risk management such as

Alignment of our portfolio to various external commitments such as Net Zero

Active management and oversight of risks through alignment of risk frameworks and policies to our Sustainability risk agenda.

Assurance on the implementation of the Reputational and Sustainability Risk Framework, policy, and associated processes.

Business

Drives efforts with Businesses, Supply Chain Management, and various Functions to embed Sustainability Risk considerations into first-line processes.

Embed enhanced due diligence criteria across various ESG and Sustainability Risk criteria into first-line processes and ensure first-line are kept up-to-date with evolving risk and regulatory landscape.

Where required, contribute to enhanced training and guidance materials for the frontline and Second-line risk owners, to drive consistent Reputational and Sustainability risk assessment and reporting across the Group and enhanced consistency in risk identification and assessment.

Processes

Identify new areas of risk to be integrated in the of the process universe for Reputational and Sustainability Risk.

Provide inputs to ensure maintenance of formalised procedures and DOIs for all Reputational and Sustainability Risk processes and reporting.

Where required, support the operational risk requirements of risk areas aligned with Reputational and Sustainability Risk.

People and Talent

Help to build the appropriate culture and values.

Work collaboratively with all relevant partners.

Risk Management

Uphold the integrity of risk / return decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with the reputational and sustainability risk strategy and risk appetite.

Act quickly and decisively when any risk and control weakness becomes apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees.

Where required, act as the second-line for risk areas aligned to the Reputational and Sustainability Risk RTF and Policy. Review and challenge Standard generation and updates and review control environment for weakness.

Governance

Provide support across Reputational and Sustainability Risk, ensuring compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements.

Embed the Group’s values and code of conduct in Reputational and Sustainability Risk.

Ensure that material risk exposures and related issues are reported to the responsible risk governance committees.

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.

Lead the team 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.

Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.

Key Stakeholders

Reputational and Sustainability Risk

Chief Sustainability Office

Members of Group COO in CPBB and CCIB

Members of Regional Risk Committee

Country Heads

Country Chief Risk Officers

Business Heads

Members of the ERM management team

CFCC

Our Ideal Candidate

Good knowledge of reputational risk management, or other risk-type management for financial services

Experience in a discipline relating to Environmental, Social or Governance risk

Good knowledge of Sustainable Finance and Transition Finance

Over 10 years of experience working in a major international banking organisation.

Knowledge of financial and non-financial risks and trends.

Strong creativity and problem-solving abilities.

Excellent inter-personal skills; comfortable in building relationships at senior levels and across teams, with outstanding written and oral communication skills.

Confident self-motivated person with a high level of drive and ability to operate in a fast-paced environment

Role Specific Technical Competencies

Sustainable Finance

Banking Products

Regulations for Climate and ESG

Risk and Control

Data handling skills

Effective writing and communication

ESG

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 www.sc.com/careers