Job Description
Assist Business Unit Head in coordinating, driving and directing effective compliance and operational risk management at the Business Unit level.
Implement controls within the Business Unit to meet all regulatory and internal requirements.
Ensure proper functioning of day-to-day controls, periodic monitoring activities and timely resolution of risk issues.
Key Roles & Responsibilities
To be the source of reference within the Business Unit in facilitating and promoting the understanding of OR and compliance requirements.
Lead and support implementation of OR initiatives for the Business Unit.
Proactively communicate with the Business Unit Head and BORM on operational risk issues. Escalate significant events to Business Unit Head /BORM/Business Head as appropriate.
Coordinate and consolidate operational risk and loss reporting of the unit for the reporting to the BORG, BORM and Business Unit Head. Ensure data accuracy and completeness.
Design and implement control measures and monitoring plans for compliance and operational risk management. Ensure effectiveness of controls for compliance monitoring and risk management.
Undertake and/or coordinate periodic business monitoring (self-assessment) activities within the Business Unit and escalate findings and or breaches to Business Unit Head and Governance & Control, when they occur.
Ensure risks and issues identified are resolved in an appropriate and timely manner.
Assist BORM in the implementation of OR framework or other relevant OR initiatives.
Could act as the Unit Money Laundering Prevention Officer (UMLPO), or cooperate with the UMLPO to ensure appropriate internal controls and procedures for money laundering prevention are in place and functioning as intended. Where appropriate, assist in the investigation of financial crime risks.
Identify gaps and arrange training on compliance and OR for staff.
Qualifications & Skills
* First degree in any numerate social science discipline with a minimum of a second class lower division
* 5-7 years experience in the financial sector
* High numerate
* Candidate must have a clear understanding of Nigeria Capital Market
* Prior experience in risk management will be an added advantage
In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required
Diversity & Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.
