Posted on :
15 Nov, 2016
15 Nov, 2016
Standard Chartered – leading the way in Ghana
Standard Chartered Bank Ghana Limited is a market – leading financial services brand in Ghana, listed on the Ghana Stock Exchange.
It has operated for 118 years in the country and is currently the highest priced stock on the exchange.The Bank’s focus and commitment to developing deep relationships with clients and customers have driven its consistent growth in recent years.
With a current network of 27 branches and 56 ATMs across Ghana, Standard Chartered offers exciting product propositions for customers and clients as well as career opportunities for more than 1,000 staff in Ghana.
Job Title: Banking Executives
Key Roles and Responsibilities
Implement & Monitor ORF
Ensure adherence to the ORF in the identification, assessment, mitigation and control and monitoring of risk.
Ensure sufficient traction and follow through management actions to mitigate identified operational risks exposure.
Ensure that relevant Group and Business policies are effectively embedded within business unit.
Facilitate the implementation of related Control Sample Test (CST), Key Control Indicators, Key Risk Indicators (KRI) and monitoring plans for compliance and operational risk management.
Ensure consistent deployment and execution of CST KCI and KRI within Business Unit.
Ensure losses, risk events, policy deviations, CST, KCI & KRI exceptions, are recorded, reviewed and reported.
Engage appropriate stakeholders to ensure timely remedial actions and escalation of situations that pose significant risk.
Assist Unit Head in the implementation of OR framework or other relevant OR initiatives. Exposure Review / Investigation
Participate in the investigation / review of negative operational risk exposure (internal and external) as it arises.
Value-add to the business unit by identifying new, thematic and developing risks, providing operational risk advice through ORF and ad hoc reviews (Accountability reviews, Lessons Learnt reviews, Process / Control reviews) at the unit level or participating in reviews driven by the Group Business level based on thematic issues using forward looking based programmes. Design and Setup
Assist in identifying risks in product process changes.
Ensure that the operational risk implications of changes (Product Approval Document) are anticipated and clearly signalled to appropriate stakeholders. Escalate to appropriate stakeholders when operational risks threaten to breach tolerances. Engaging the Business
As a key member in the monthly RBBORF meetings, to review and monitor OR Profile and exposure of the business unit.
Prepare Value Stream OR Profile with appropriate analysis, relevant loss and risk reporting for RBBORF. Ensure timely, accurate submission of risk information to Country OR Head and Functional BORM.
Facilitate the socialisation of audit round up / control issues in RB and obtain attestation from relevant business head. Others
Ensure to perform theme reviews within the business on a regular basis (monthly; quarterly)
Ensure proper follow up of issues raised by Group Internal Audit.
Coordinate training efforts to promote risk management and compliance culture within the Business unit. Ensure gaps are identified and staffs are suitably informed on operational risk and compliance.
Ensure risk and loss information are inputted into Phoenix, and escalation where action is not taken.
Prepare Monthly GL/Phoenix Loss reconciliation and Conduct investigations for duplicated or outstanding items with Finance.
Assist in the preparation of KRI for Africa, Middle East (AME) Region
Assist in uploading determined Residual Risk Rating (RRR) into KNOX KEY
Head, OR and BORMS undertaking business monitoring in various units.
Country Head, Legal & Compliance and Compliance Managers/Officers
Regional and Functional Business Operational Risk Managers.
Group Internal Audit
Qualifications and Skills
Awareness and knowledge of bank procedures (Branch Banking) products and services.
Process Risk assessment skills.
Skills to anticipate all types of Risks affecting the business.
Strong communication skills.
System knowledge and procedures.