Standard Chartered Bank - Dubai - Job Description The L&C Operational Risk Manager is responsible for assisting the Country Legal and Compliance ("L&C") team install the new Operational Risk Framework ("ORF") and be responsible for conducting the first line testing for processes owned by L&C and facilitate the Country L&C team to fulfil their role is Risk Controls Owner ("RCO"). Key Roles & Responsibilities 1) Assist the country L&C team to install the new ORF: For each of the identified processes where L&C is the Risk Control Owner ("RCO"): i. Identify and agree with the country process owner and Operational Risk, if there are any additional PFs or additional causes that are applicable to the country taking account of local market practices, or country specific laws and regulations. ii. Validate with the country process owner and Operational Risk whether the controls and control indicators communicated by group are applicable and sufficient to mitigate any additional causes identified and confirm this with the group R...
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