Business Process Re-engineering Analyst - London, United Kingdom - eFinancialCareers

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London, United Kingdom

1 month ago

Tom O´Connor

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Tom O´Connor

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Description

Client:

Standard Chartered Bank:
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Duration: until 29/12/2023:

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Pay rate: £500-£650 PAYE inside IR35:

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Location: London

Responsibilities

Strategy

  • Support or drive change initiatives related to the transformation of risk appetite to an integrated, materiality focused and SMART approach (specific, material, actionable, relevant and timebound)
  • Foster the implementation of enhanced portfolio metrics that are suited to portraying a firmwide view of risk

Business

  • Supporting workstream leads, define the standards and best practices for highrisk processes within Risk Frameworks, Policies and Standards. Identify any gaps and assess approaches to close. Execute remediation to mitigate any inherent risks.
  • Analyse and document the relevant business processes finding opportunities to streamline activities and reduce duplication of efforts or redesign the processes
  • Drive and support the delivery of strategic platform and rolls reengineering initiatives, highlighting the manual landscape in highrisk process and rationalising manual touch points.
  • Generate requirements based on target state systems requirements, also consolidating business requirements from other functions
  • Support simplification of new processes and tools to achieve target state
  • Act as link between business and technology, able to offer solutions to business issues and guide in the correct use of technology with particular focus on simplifying tools and workflows
  • Support the UAT testing to ensure that the technological solution meets the business need and drive enhancements as required
  • Support senior leaders to continuously improve the operational efficiency and effectiveness of processes, workflows and documentation
  • Produce high quality materials to communicate project status clearly and concisely
  • Provide regular progress reporting to the relevant programme governance fora.

Processes

  • Carry out key processes with due regard for minimising operational risk.
  • Maintain relevant policies, standards, frameworks and controls.

People & Talent

  • Facilitate the change process through training designed to educate stakeholders and influence their mindset
  • Establish good working relationships with key stakeholders within and outside or risk
  • Help to develop peers and junior colleagues by sharing knowledge and upskilling

Risk Management

  • Broad knowledge and understanding of Risk Function processes
  • Exposure and experience in Risk platform and tools, and have worked with Technology in driving innovation and reengineering
  • Proven track record in terms of evaluating process performance across key metrics and envisioning ways to simplify / reengineer the process to create significant improvement across all key variables
  • Ability to influence and engage in a consultative mode with various senior stakeholders across business, operations, technology and compliance to define the strategic scope, a problemsolving approach and engage a team that effectively will lead the simplification/ reengineering process to achieve the envisioned results
  • Strong ability to extract information by questioning, active listening, and interviewing
  • Ability to rationalise and work through organisational change
  • Ability to build strong client relationships / business partnership, and to thrive in uncertainty and ambiguous situations
  • Strong organisational and communications skills with the ability to study and familiarise Group frameworks, policies, standards, risk appetite metrics and mandates to provide optimal business solutions
  • Strong and demonstrated ability to work crossculturally is a plus.

Governance

  • Provide quality control and review and challenge on team output

Regulatory & Business Conduct

  • 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 Standard Chartered Bank. 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.

Key stakeholders

  • Wider ERM function (e.g. Stress Testing, Portfolio Risk and Reporting)
  • Risk Framework Owner teams
  • Business; and Finance.

Other Responsibilities

  • The typical job responsibilities are presented above but given the changecentric and expanding nature of the team's mandate other duties and deliverables may be required.
  • Oversee refinements to workflow tools and the production of management information to meet the business specific needs including current and future workflow tools to be developed over the next 12 years

Qualifications

  • Experienced in Risk Management projects and programmes
  • Sound understanding of risk management (financial and / or nonfinancial risks)
  • Process improvement or Lean Six Sigma certification
  • Advanced level of analysis and problemsolving skills
  • Qualifications and experience in project / programme management
  • Experience of Change or Transformation programmes within Risk function of large FS firms, would be desirable.
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