Head, OCIR Resilience
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
Operational Continuity In Resolution (" OCIR
") is a key element of the broader Recovery and Resolution Planning (RRP) initiative, the aim of the reforms is to strengthen the financial system. OCIR aims to ensure that in a resolution scenario, Standard Chartered is able to run on in an orderly fashion and minimise impacts to the wider financial system in the countries we operate in.
OCIR & FMI REMEDIATION:
- Accountable for ensuring Operational Continuity in Resolution (OCIR) by maintaining and enhancing OCIR Processes and Controls
- Drive ongoing enhancements to the delivery model and incorporate OCIR into a coherent Client Service Resilience model
- Shape the future of Operational Resilience as a key member of the Resilience Management Team
- Ownership of Group level regulatory engagement with our key CMG regulators, led by our lead regulator the Bank Of England
- OCIR is a key consideration for entity changes including the introduction of new products and disposals
- Critical Economic Functions (CEF) Identification - Assess all products to identify CEFs
- Operating Model Maintenance (Service Catalogue) - Maintain up-to-date Service Catalogue, detailing the services provided to and received from other countries and associated dependencies.
- OCIR Playbook - Maintain OCIR Playbook containing detailed actions for maintaining operational continuity in a resolution scenario
- Financial Resilience - Demonstrate Financial Resilience and ensure sufficient ring-fenced liquidity is held to fund critical services supporting CEFs for 6 months in resolution
- Contracts Resolution Readiness - Ensure Contract Resolution Readiness i.e. appropriate contractual arrangements, including resolution clause, are in place for all service providers within SCB and externally.
- Accountable for ensuring continuity of access to FMIs in resolution
- Define and deliver FMI and OCIR requirements of the Resolvability Assessment Framework
- Regulatory engagement with Bank of England and our key regulators in CMG countries.
- Manage OCIR Financials and resources
- Group SME and leadership on OCIR.
- Delivery of OCIR Treatment Plan to ensure that the OCIR Service Catalogue tooling is fit for purpose
- Delivery of OCIR Service Catalogue refresh in 2021 (in accordance with bi-annual refresh requirement)
- Define and deliver FMI Resolvability Assessment Framework submission
- Define and deliver OCIR Resolvability Assessment Framework submission
- Identification and realisation of ongoing strategic benefits to the Group from the OCIR Service Catalogue data, including cost and risk reduction and stress testing
- Coordinate with senior stakeholders to deliver incremental benefits, e.g. use OCIR Service Catalogue data to support: Group Business Efficiency initiatives, and Group Corporate Development in divestment scenarios
- Build and lead high performing global teams to deliver OCIR objectives
- Mentor and develop individual team-members to achieve their personal career aspirations and make an ongoing contribution to SCB
- Provide leadership over the representation of OCIR and FMI activities into Country Non-Financial Risk Committees
- Represent OCIR at relevant senior-level governance forums, e.g. PGCs/FORCs, CORCs/CRCs, Implementation Oversight Forum etc
- Drive structured training and communications effort to ensure ongoing senior leader awareness and understanding of OCIR and its strategic impacts across the Group
- Represent OCIR and FMI requirements in support of delivering Operational Resilience.
- Accountable for meeting OCIR regulatory requirements group wide, including the maintenance and enhancement of the OCIR model across all business lines and functions. OCIR model includes 6 processes to be established in BAU including CEF identification, Service Catalogue, Financial Markets Infrastructure, Scenario testing, Operational and Financial Resilience.
- Policy Owner for Group Operational Continuity in Resolution Policy
- Represent OCIR and FMI activities at the Resilience SMR forum
- Represent OCIR and FMI activities with our CMG Regulators directly and support country engagement through the Geographic Operational Resilience teams
- Drive compliance with Group policies standards, and local regulatory requirements and alignment of the OCIR model with the Group's overall Recovery & Resolution Planning Strategy and the broader Resilience agenda
- Assess and respond to the impact of changes in the policy or standards on OCIR and FMI compliance
- Key internal face-offs include: Group COO (SMR responsibility for OCIR), RRP team within Group Treasury, COOs and Management Teams of SCB Businesses & Functions, SCB Country CEOs and Country Management Teams and GBS CEOs and ExCos
- Key external stakeholders include: Bank of England, PRA, regulators of all Crisis Management Group Countries.
OUR IDEAL CANDIDATE
- 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 CCIB . 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.
- It is vital that the role holder has a in depth knowledge of SC Operations structure and governance.
- It is vital the role holder can efficiently navigate governance model of the Group and has credible authoritative banking experience.
- Strong knowledge of OCIR and Recovery and Resolution regulations and best practice is preferred.
- Strong knowledge of resilience frameworks, principles, architecture.
- Strong risk management experience.
- Strong interpersonal and stakeholder management skills, across various levels in the organization including senior leadership teams, in influencing key decisions taken in the business and in support teams.
- Experience in Risk, Operations, Resilience, or function of a global bank
- A related professional accreditation in Finance, Risk, Continuity or Resilience would be preferred
- Strong communication skills - oral, written and presentation.
- Must be a self-starter who is able to initiate and successfully drive programs and projects to completion with little or no management supervision.
- Strong analytical skills and ability to prioritise, make decisions, and work to tight timeframes.
- Proven ability to lead highly complex, global activities through influence and credibility rather than command and control.
- Ability to both assess strategic priorities and to focus on detailed aspects of a function in order to drive effective delivery.
- Strong integrity, independence and resilience.
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.