Executive Director, Digital Assets Risk

1 week ago Be among the first 25 applicants Responsibilities Act as the second line Subject Matter Expert for Digital Assets (DA) as an asset class including advising across all relevant Risk Types (reputational risk, traded/market, treasury/capital and liquidity, operational, technology, cyber security, and credit risk). Lead provision of DA risk specific expertise to continuously enhance and maintain all elements of the DA Risk Management Approach (DARMA) which sets out the approach to risk management and the control framework within which risks are managed. Lead assessment of material risk types that the Group may be potentially exposed to arising from direct or indirect DA activities and direct Risk Framework Ownership to such risk types. Lead effectiveness reviews to assess relevant first and second line understand and accept their DA risk management responsibilities. Review and challenge that policies and standards are being adapted or created to address DA risks and training is available to staff (on a targeted basis). Review and challenge the assessment of DA Risk considerations in the Group’s Risk Appetite framework. Monitor that the Risk Framework Owners (RFOs) propose adequate risk appetite with DA risks evaluation for consideration and approval by the Board. Monitor Risk Type compliance to Board approved risk appetite with DA considerations using the risk information report covering all Risk Types; and highlight significant matters to the Group Chief Risk Officer (“GCRO”), senior management and senior risk committees. Review infrastructure to support DA reviews, and the monitoring of exposures and actions as required. Lead provision of regulatory interpretation for regulations classified as “Large-Scale” with Framework implications. This also includes working with countries to support their regulatory requirements. Influence the Group’s DA Strategy and activities, advising on alignment with specific Risk Type framework, policies, standards, risk registers and risk appetite. Actively engage thought leaders in the DA industries to improve risk understanding, innovation, exploration, and adoption of alternative risk models and data sources. Conduct regulatory interpretation and associated assessments for DA related initiatives with adherence to legal and regulatory requirements. Evaluate and advise on risks associated with DA projects, products and investments, including the assessment of blockchain technologies and tokenomics, to ensure robust risk mitigation strategies are in place. Inform the strategic intent and collective agenda for the DA Risk Management Approach. Influence stakeholders and DA Risk subject matter experts on thinking and approach for Digital Asset activities, including situations where the Group seeks to engage clients heavily exposed to DAs. Advise Business on alignment of individual DA activities to the Group’s DA business strategy and execution within the risk framework and parameters. Direct the business to undertake appropriate evaluations with regards to DA stress scenarios with support from the Group Treasury and Group Stress Testing teams as required. Provide timely advice, support and challenge to enable compliance with all relevant laws and regulations and support pro‑active and pre‑emptive risk mitigation. Ensuring that processes within the DA Risk Management central function are identified and defined by Process Owners, and ensuring the completeness and accuracy of these identified processes. Reviewing, challenging, and providing oversight of the DA risk profile monitored by the DA Risk Management Function process universe. Qualifications Strong academic background >15 years of experience in banking / financial services specifically capital, liquidity risk, traded and credit risk. >15 years of experience in emerging Digital technology >5 years direct experience in Digital Asset technology working for a Digital Asset Service Provider Deep expertise (at least 5 years) of evaluating financial and non‑financial risks associated with blockchains, tokens, CBDCs, stablecoins and cryptocurrencies. A clear understanding of novel risks in DA and how these risks manifest within relevant Risk Types such as Reputational, Traded/Market, Treasury/Capital and Liquidity, Operational, Technology and Cyber Security Risks, and Credit Risk. Broad experience across diverse business models within banking and Fintechs Strong expertise within risk management including governance and frameworks including proven verbal and written communication skills to the Board level. Thought leadership in digital‑related risks (e.g. Digital‑asset risks, defi risks, traded risk, credit risk, technology risk, ICs risk, resilience) Strong understanding of Digital-assets and fintech industry trends / developments, risk implications and impacts on the financial sector Knowledge of key regulatory and supervisory frameworks. Ideal - direct experience of working closely with supervisors / regulators Strong stakeholder management, communication and influencing skills Excellent interpersonal skills, multicultural awareness and sensitivity Programme/project management Experience paper writing for senior level committees. Creativity and appetite for continuous improvement About Standard Chartered We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us. Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. What We Offer In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing. Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations. Time‑off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum. Flexible working options based around home and office locations, with flexible working patterns. Proactive wellbeing support through Unmind, a market‑leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first‑aiders and all sorts of self‑help toolkits. A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning. Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential. Seniority level Executive Employment type Full‑time Job function Finance and Sales Banking #J-18808-Ljbffr