Urgent Recruitment @ Standard Chartered Bank Nigeria – 3 Positions

Job ID: 2200015823
Location: Lagos
Job: Risk
Schedule: Full-time
Employee Status: Permanent

The Role Responsibilities
Business:

• Analyse comprehensive impact of financial crime related regulatory matters on the relevants business area and its operations.
• Ensure that key changes (to laws, rules, regulations) are communicated and cascaded to the business.
• Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
• Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to FCC.
• Support resolution of competing requirements between regulations, for example between AML regulations and data privacy/bank secrecy or information security regulations.

Processes:

• Support the Head, CFCC Advisory, CPBB to develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements.
• Providing governance and oversight over the implementation of CFCC-related policies and procedures in country/business to ensure compliance with such policies and procedures.
• Act as Process Owner for CFCC CPBB Advisory-owned (sub-) processes under the Group’s Risk Management Framework, including implementation and roll-out of relevant processes and DOIs.
• Provide advice to relevant stakeholders on compliance with Group standards relating to [AML/Sanctions/CDD].
• Act as (second line) Risk Control Owner under the Group’s Risk Management Framework for those aspects of Regulatory Compliance relating to [AML/Sanctions/CDD], and escalate issues as appropriate.

Risk Management:

• Maintain oversight of risk mitigating action plans.
• Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management
• Provide advice on the application of risk management frameworks (e.g. ORF, GRA).
• Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.
• Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
• Assess risks arising from products / segments / geographies / customers / transactions.
• Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
• Support the Head, CFCC Advisory, CPBB to anticipate horizon risks in the area of financial crime that may have a significant impact on the Group and develop effective strategies to mitigate such horizon risks.
• Advise relevant stakeholders on outcomes of AML/Sanctions/ABC risks identification and assessment methodologies.
• Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
• Oversee the review and analysis of the client base to identify and manage high risk clients, or specific country reviews.

Governance:

• Represent the Head, CFCC Advisory, CPBB at the relevant risk governance forum.
• 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.
• Support the Head, CFCC Advisory, CPBB to prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations.
• Support the Head, CFCC Advisory, CPBB to propose control improvements, enhancements and simplifications where appropriate.
• Support the Head, CFCC Advisory, CPBB for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• 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 FCC 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 Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Support the country Compliance function 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.

Our Ideal Candidate

• Bachelor's Degrees in Law, Accounting, Economics or other related fields
• Compliance Professional Qualifications or other related Professional qualifications.

Key Stakeholders:

• Head, CFCC Nigeria and West Africa
• Head, CFCC Advisory, CPBB
• Head, CDD Ops
• CPBB Nigeria.
• FCC Nigeria
• CFCC Governance, Nigeria
• Group PSCU.

Application Closing Date
15th July, 2022 (11:59:00 PM).

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job ID: 2200014728
Location: Nigeria
Job: Risk
Schedule: Full-time
Employee Status: Permanent

Job Description

• Review and alignment of country Information security program with the Group security strategy
• Effectively and collaboratively identify, escalate, mitigate and resolve risks associated with the bank's information assets.
• Periodically inform the Board on latest developments in the cyber security universe
• Assure that process owners are escalating risks and control gaps when decommissioning of systems and data sanitization activities.
• Assure measurement of effective management of cyber threat intelligence by 1st Line ICS team.
• Assure process owners are creating awareness among staff on cyber threats and their controls.
• Assure that business process owners are managing data centers as per standards.
• Assure that the process owners are escalating compliance matters to mitigate security aspects of networking devices (servers, routers, firewalls, etc.) under applicable policies, standards, and procedures.

Responsibilities

• The Group Chief Information Security Officer (CISRO) organisation is instrumental in protecting and ensuring the resilience of Standard Chartered Bank’s data and IT systems by managing information and cyber security (ICS) risk across the enterprise.
• As a critical function reporting into the Group Chief Risk Officer (CRO), the Office of the Group CISRO serves as the second line of defence for assuring ICS controls are implemented effectively and in accordance with the ICS Risk Framework and for instilling a culture of cyber security within the Bank.
• The Group CISRO is responsible for ICS governance, strategy, policy, awareness, training, risk assessments, red teaming, third party security risk, industry partnerships, and regulatory engagement.
• In addition, a team of Information Security Officers (ISRO) reports to the Group CISRO and performs a pivotal role as an extension of the Group CISRO in supporting the ICS risk management strategy, governance, advisory and assurance roles that face off to the Client Services, Regions, and Functions.
• The Office of the Group CISRO is central to ensuring the Bank’s ability to meet its ICS commitments to internal and external stakeholders, including regulators, as well as maintaining an acceptable ICS risk profile that is regularly reported to the Board.

Strategy:

• The ISRO position is a permanent role that requires strong business acumen and deep knowledge and experience in the ICS field.
• The successful candidate will have a strong understanding of operating in a second line capacity within an ICS or risk management organisation, and can respond flexibly and collaboratively to evolving business, regulatory and threat requirements. The role reports into Head ISRO for AME.
• The ISRO will work closely with the CCRO, HICS & Group Chief Information Security Risk Officer and others to address ICS as a principal risk type for the Bank and support its integration into the Bank's overall Enterprise Risk Management strategy.
• The role will provide oversight and challenge of ICS risk management and control effectiveness as a risk partner to country leadership as defined in the Bank’s ICS Risk Type Framework and under delegation from the Group CISRO.

Business:

• The primary purpose of this position to ensure that the management of ICS risk is operating effectively and efficiently and to provide assurance that ICS risk is appropriately managed within the countries.
• The role will support the Group Chief Information Security Risk Officer in their role as the Bank's executive accountable for ICS risk.
• The successful candidate will work closely with the AME Region - ISRO Heads, the Security Technology Services team, and Country CRO, CIO, and Compliance Officers, as well as other key stakeholders to drive requirements and help set priorities for ICS strategy and investment based on acceptable risk tolerance and taking into account the evolving threat and regulatory landscape, policies and standards, and technology infrastructure.
• In addition, given the rapidly evolving ICS regulatory environment, successful candidate will have a strong acumen for working with regulators and understanding ICS policy with an ability to articulate new requirements into ICS risk management assessments and processes.

Processes:
The major functional activities that the role will lead and manage are:

• Delegation of Authority from the Group CISRO for ICS risk management engagement with country
• Overseeing and challenging 1st line ICS risk proposals and risk-taking activities;
• Intervening in 1st line activities if they are not in line with existing or adjusted Risk Appetite;
• Monitoring of ICS risks and associated remediation plans across the country using the Group CISRO Governance Risk Type Framework;
• Assuring the 1st line implements controls to comply with applicable laws and regulations as defined by the Group CISRO Policy team and escalate significant regulatory non-compliance matters and developments to the Group CISRO;
• Conduct periodic information security assurance on the ICS risk profiles (including infrastructure) submitted by 1st line and suggest improvements.
• Promoting a healthy ICS risk culture and good conduct within the country.

People & Talent :

• Lead through example and operate with the appropriate culture and values.
• Uphold and reinforce the independence of the second line ICS Risk function.

Risk Management:

• Deliver the defined aspects of the ISRO role to support the Group's ICS risk management approach and objectives.
• Ensure that the Country role is managed in accordance with the defined Group CISRO Governance Risk Type Framework and associated Policy and Standards; and those issues are identified, escalated, and addressed as appropriate.

Governance:

• Establish strong ties into the relevant country leadership, governance, risk, and control committees to ensure adequate monitoring, tracking and governance of ICS risk.
• Drive integration of ICS Risk Type Framework into the country and utilize for the ongoing governance of country risk.

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 the countries. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• 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:

• ISROs
• Country CROs
• Country HICSs
• Country CIOs
• Country Compliance Officers
• Country CEOs
• Banking Regulators
• Global Head, Security Technology Services
• Head of ICS Governance
• Head of ICS Policy
• Group Internal Audit
• Head of ICS Assurance and Testing
• Head of ICS Training, Awareness & Exercises.

Other Responsibilities:

• Establish strong relationships with identified stakeholders across the country and understand their strategic goals, to ensure ICS alignment.
• Articulate the value of ICS controls and their bottom-line impact to Country’s security and resiliency.
• Prepare, present and challenge in a 2nd line capacity at relevant risk committees, steering groups and cross-business opportunities.
• Perform Delegation of Authority (DoA) responsibilities for Group CISRO as defined for the countries.
• Measure efficient and effective management of ICS risk for the countries.
• Validate the accuracy of KRI’s and KCI’s and other risk ratings, as well as process designs, to meet policy requirements.
• Ensure that Process Owners are escalating risk, control, and process deficiencies appropriately in accordance with the relevant risk frameworks.
• Build trusted working relationships with other security functional heads, risk and compliance counterparts, and country stakeholders.
• Utilize appropriate risk management tool(s) to manage, track and monitor ICS risks across the countries.
• Maintain sufficient and appropriate evidence of work performed for review by Group Internal Audit and others.
• Monitor, assess and advise countries on acceptable risk tolerances based on policy and control environment and the evolving regulatory and threat landscape. (Knowledge of Pakistan regulatory environment will be an added advantage).

Qualifications
Training, licenses, memberships and certifications:

• Master's Degree in Information Technology / Cybersecurity
• Information Security certifications and courses
• Trainings & Courses attended on security audits
• Familiar with and hands on experience of working on Security best practices and frameworks.

Experience:

• Minimum 18 years of experience, having worked on similar roles.

Application Closing Date
14th July, 2022.

How to Apply
Interested and qualified candidates should:
Click here to apply online

Job ID: 2200014785
Location: Lagos
Job: Finance
Schedule: Full-time
Employee Status: Permanent

Responsibilities
Strategy:

• • Balance Sheet, Liquidity and Capital Management:
  • Identify various types of risks in the bank’s balance sheet.
  • Provide input for strategic oversight, thought leadership and quality solutions to maintain capital ratios without compromising on growth;
  • Develop opportunities and strategies to add value and protect earnings taking into account interest rate outlooks.
  • Understand the extent to which the balance sheet position impacts on the financial performance of the Bank in various economic and interest rate scenarios
  • Actively contribute to providing leadership and direction in driving the Balance Sheet and Capital Management of the Nigeria business including the ALCO priorities;
  • Provide insights, analytics and other the subject matter expertise to drive balance sheet and capital efficiency targets at the country level, in partnership with the Finance leadership team, Risk  and Group Treasury;
  • Provide subject matter expertise to drive and strengthen our competitive advantage through proactive capital and liquidity management;
  • Carry out a monthly analytical review of the Balance Sheet and provide insights into key drivers of performance in terms of business segments and products;
  • Deliver the following Group reports within set deadlines: Budget Balance Sheet; Capital Plan; ICAAP
  • Drive regulatory related reporting and deliverables in partnership with Business and Risk in relation to Capital and Liquidity;
  • As a key member of the ICAAP working group, own and deliver capital inputs and provide insights for the final output document;
  • Have a good knowledge and understanding of Balance Sheet components and drivers, and lead the drive to optimise these for the country.
  • Work closely with the Regional/Group Performance Management and Balance Sheet teams to identify and coordinate opportunities for both BAU and Strategic objectives including rationalization of management reporting, automation opportunities, etc as well as with the Aspire teams and Finance Systems with regards to infrastructure and process.
  • Prepare reports and findings, including financial information to assist Ho BS&PM in ALCOs decision making and maintain oversight on production of ALCO pack.
  • Monitor the strategic balance sheet measures to ensure adherence to approved limits.
  • Assist where required in working groups appointed by ALCO to address strategic issues that impact Balance Sheet, Liquidity and Capital.

• Assist where required with the annual ICAAP and other stress test exercise including SCB Nigeria related stress tests working jointly with Group Treasury.
• Assist where required with the SCB Nigeria balance sheet optimisation & capital agenda jointly with Group Treasury.
• Be in charge of the FTP framework and policy application
• Management of Quarterly Subsidiary Board Papers

Performance Management:

• Provide appropriate and reliable MIS for the development of SCB marketing strategies & business plans and monitor performance of the Segments against financial budgets / FCs.
• Analysis at various levels to improve decision making:
  • Economic / business sector
  • Credit / non-credit products
  • NIM / Volume analysis
  • Cost analysis
  • Competitive Analysis
• Address underlying profitability & risk/reward aspects, e.g. revenue streams/ income leakages/ reduction of expenses etc. through appropriate strategies such as tariff revision, periodic interest rate reviews, cost allocation rules, risk and capital charge, Basel etc.
• Ensure that the MIS delivered is reflective of existing business KPIs.
• Review monthly cost reports and commentaries prepared by the team and ensure these are circulated in a timely manner, and attend to queries arising;
• Proactively work with Business finance and GFS to deliver accurate forecasts and budgets including active involvement in the planning, review and challenge process;
• Review of P&L to provide insights into key drivers of performance in terms of business segments, products and cost lines, and track monthly variances;
• Highlight opportunities and risks for management action;
• Deliver monthly flashes within the set deadlines
• Deliver the following Group reports within set deadlines: Quarterly forecast; Annual Budget, Corporate Plan

Advisory:

• Provide recommendations on optimal balance sheet shape (deposit and capital mix, funding and asset profile, currency mix, returns, dividends)

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 Balance Sheet and Performance Management Team to achieve the outcomes set out in the Bank’s Conduct
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

People & Talent:

• Set appropriate tone and expectations in terms of ensuring effective financial controls.
• Serve as Secretary to ALCO and ensure all minutes are promptly circulated and action plans are tracked
• Work with the colleagues to deliver specific projects and deliverables, as determined by the Country CFO
• Develop and embed a high-performance culture with specific focus on capability, effectiveness and productivity

Risk Management and Control:

• Ensure adherence to structural liquidity and capital limits, authority frameworks and related minimum control standards and mitigants to ensure risk exposures material to the country remain within risk tolerance and risk appetite.
• Identifying pressure points and potential emerging challenges related to structural liquidity and capital limits in country balance sheets.
• Seek appropriate assurance that structural liquidity and capital policies and other control requirements are effectively implemented and monitor ongoing policy compliance.
• Ensure robust process controls are in place in line with the operational risk framework

Governance:
Laws and regulations:

• Have and maintain good understanding of applicable laws and regulations pertaining to liquidity, capital, recovery and resolution planning and ensure appropriate controls to remain compliant with them.
• Delivering the Group capital and liquidity agenda
• Have and maintain good understanding of structural liquidity and capital policies and other control requirements.

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

Key Stakeholders
Internal:

• CFO - Country
• FC – Country
• Business Finance Heads – Country
• Country ALCO
• Treasury Markets
• Regional Head, Balance Sheet and Capital Management
• Africa & Middle East Office –Dubai
• Group Finance, London
• GFS Ghana and Chennai
• Group Treasury
• Group Internal Audit
• Africa Finance Systems.

External:

• Auditors
• Central Bank of Nigeria.

Other Responsibilities:

• This is a key role as a finance partner to senior country leaders. Superior level of judgment is required - in identifying risk and opportunities on Capital and Liquidity Management and making recommendations and providing effective solutions and advice to ALCO;
• Providing in depth analysis and insights to drive the Capital and Liquidity Management agenda and take it to the next level; providing insights into the business performance, risks and opportunities to drive business decisions.

Qualifications
Training, Licenses, Memberships and Certifications:

• First Degree (B.Sc) in Accounting, Finance, Economics or similar degree
• Desirable - Professional certifications in Accounting, Professional Memberships in ICAN, ACCA
• Understanding of International Financial Reporting Standards (IFRS) and its impact of the bank’s financial reporting.
• Good working knowledge of the Group Accounting practice and Local Regulatory requirements supplemented by all round Banking experience.
• Candidates should have a proven track record of presenting and interacting at the senior management level hence possess exceptional verbal and written communication, presentation, facilitation and interpersonal skills with an ability to relate at all levels;
• Prior experience should demonstrate both the analytical and strategic abilities experience;
• Prior experience in implementing a Basel regulatory and capital management framework will be an added advantage;
• Management and leadership skills in a dynamic and high expectation environment with an ability to work under pressure and deliver under tight deadlines;
• A team player and independent worker with ability to delegate to get the most out of the team;
• Cross team collaboration and leadership experience skills - proactive engagement with various units across different geographies
• Strong Microsoft Excel, SQL and PowerPoint knowledge

Languages:

• English

Application Closing Date
5th July, 2022.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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