Director, Operational, Technology and Cyber Risk, Digital Assets

1 week ago


Umsobomvu Local Municipality, South Africa Standard Chartered Full time

Job Summary Uphold the integrity of risk, in particular, ensuring that operational risks are properly assessed, that risk / return and cost / benefit decisions are made transparently on the basis of proper assessment, and are controlled in accordance with Risk Appetite. Provide practical implementation guidance on Risk including Operational, Technology and Cyber Risk (OTCR) Policy & Standard in an effective and consistent manner. Identify, assess, monitor, and mitigate risks related to the daily operations. In conjunction with first line of defence (1LOD), ensure any concerns on key controls, operational risk events and its risk impact are understood and escalated on a timely manner. Drive comprehensive, high quality root cause analysis of operational risk events, review and provide robust challenge on remedial action plans proposed by 1LOD Risk / Control Owners. Ensure new and material change in products / services / processes conforms with the Transaction Processing Policy, Change Management Policy, and Product Governance Policy. Oversee and monitor the execution of inherent and residual risk ratings as per the Risk Control Self-Assessment (RCSA) Framework by 1LOD. Ensure local regulatory requirements are met pertaining to risk including operational risk management, prudential standards and governance and operational standards. Role requires a combination of expertise in financial services, blockchain systems, digital asset products, regulatory compliance, and risk management frameworks. Responsibilities Identify and assess operational risks across digital asset products, including blockchain infrastructure, custody solutions, liquidity management, and



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