Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Head OR Policy and Cluster Oversight Lead(Singapore, India)
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The Head of OR Policy and Cluster Oversight Lead is expected to provide senior oversight of operational risk policy and related controls across Singapore, India, and assigned clusters. The role typically involves developing and maintaining risk frameworks, monitoring regulatory and policy compliance, challenging business risk assessments, reviewing operational incidents, and reporting key issues to senior governance committees. Candidates should have substantial experience in operational risk, enterprise risk management, banking controls, or regulatory governance, preferably within an international bank. Strong knowledge of risk and control frameworks, regulatory expectations, stakeholder management, analytical thinking, and communication skills are required. The successful candidate should be comfortable influencing senior leaders, coordinating across countries, and balancing consistent global standards with local regulatory requirements.
Can I work in Singapore?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass: SGD 6,200+ a month in banking at 23, more with age (6,600 from January 2027), plus 40 COMPASS points for pay, degree, nationality mix and local hiring.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: You score 0 nationality points when your nationality is 25% or more of the firm's professionals and managers; the job is usually advertised to locals for 14 days first.
Official source: Ministry of Manpower: Employment Pass eligibility. Checked November 2026.
What the job usually comes with in Singapore
Usual for Banking jobs in Singapore, varies by employer. Checked November 2026.
| Housing | Not usual; senior expats may get an allowance; Work Permit staff: employer must ensure proper housing (by law) |
|---|---|
| Relocation | Work Permit staff: employer pays levy, bond and insurance (by law); relocation help is an expat perk |
| Flights | Work Permit staff: flight home paid by the employer (by law); others only if the offer says so |
| Contract | Work Permit up to 2 years; S Pass and Employment Pass up to 2, then 3; notice 1 day to 4 weeks by default |
| Leave | 7 to 14 days (by law; many get more); 11 public holidays; 14 days' sick leave, 60 in hospital |
| Income tax | 0% up to SGD 20,000 a year, then 2% to 24% (about 3% at SGD 60,000); resident rates on a 1-year pass |
| Health cover | Employer must insure Work Permit and S Pass staff, SGD 60,000 a year (by law); Employment Pass: company plan |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa, and the Middle East. The bank provides corporate and institutional banking, commercial banking, wealth management, retail banking, and financial market services. Singapore is one of its key global hubs, supporting regional leadership, technology, risk, operations, and corporate functions. Standard Chartered promotes its purpose of driving commerce and prosperity through its distinctive international network. The company places significant emphasis on responsible banking, financial crime prevention, operational resilience, sustainability, and inclusion. Employees commonly work in multicultural, highly regulated environments and collaborate across multiple countries. As a large international bank, it offers opportunities in risk, compliance, technology, finance, client coverage, operations, and digital banking, with career paths that can span different markets.