Business Risk Control Manager, IWI

About the role

Standard Bank Offshore, the offshore arm of the Standard Bank Group, is looking for a Business Risk Control Manager for its International Wealth & Investments (IWI) business. The role manages first-line business risk and control activities by giving risk-related advice, assurance, oversight and constructive challenge to business stakeholders, ensuring anti-money laundering, operational, client and wider business risks are identified, assessed, managed and reported in line with regulatory requirements, internal policies and procedures. The position is based in Jersey and does not offer relocation or sponsorship; applicants must be eligible to work there.

Key responsibilities

• Act as a point of escalation for complex AML, operational risk and other business control matters raised by the Business Risk Management team or the wider business, ensuring issues are assessed, resolved, escalated and tracked.
• Deliver guidance and training to promote awareness of and compliance with applicable regulations, policies, standards and procedures.
• Analyse risk, control and incident data from relevant systems to identify trends and recommend corrective action.
• Drive and maintain Risk and Control Self-Assessment processes, engaging stakeholders, assessing control effectiveness and supporting remediation of weaknesses.
• Ensure operational risk incidents are identified, recorded, escalated and monitored, with accurate information available for analysis, dashboards and management reporting.
• Contribute to improving risk management frameworks, control systems and processes, including identifying gaps, opportunities to improve or automate processes and strengthening the control environment.

Required profile

• First degree in Business Commerce.
• 5-7 years' experience in a related banking risk and control environment.
• Extensive general banking experience across operations, client interactions and business processes.
• Specialist knowledge of AML, operational risk, first-line controls, assurance activities and stakeholder risk support.
• Demonstrable experience interpreting regulatory requirements, assessing control effectiveness and giving practical risk guidance to business stakeholders.

Required skills

• AML and fraud detection and management
• Risk identification and risk management
• Risk reporting and evaluation of risk management effectiveness
• Compliance with the financial industry regulatory framework