Job Description

Job: Compliance
Primary Location: Asia-Singapore-Singapore
Schedule: Full-time
Employee Status: Permanent
Posting Date: 05/Aug/2022, 4:22:44 AM
Unposting Date: 04/Sep/2022, 5:59:00 PM

Role Responsibilities
Primary responsibilities are to improve and maintain the existing analytics capabilities within the department, with the purpose of market abuse surveillance. In addition, the incumbent will take part in various projects and activities undertaken by Surveillance such as scenario logics assessment, compliance reviews, technology enhancements and projects etc. Strategy

• Responsible for operating various detective monitoring controls under second line compliance function, which are designed to detect potential instances of market abuse or other forms of market misconduct, through orders, quotes and trades.

Business

• Awareness and understanding the various market abuse regulations globally in which the Group operates.
• Understanding the Group’s business strategy as well as Compliance mandate in supporting the business.
• Understanding booking practices and models to implement and refine analytics in the department.

Processes

• Lead / Participate in the project’s life-cycle process from requirements gathering, functional specifications, User Acceptance Testing, release management, where relevant, to ensure that the implementation is aligned with the surveillance strategy of the bank.
• Ensure relevant assigned workstreams follows a business agile methodology, managing both internal and external resources, and meeting planned timelines.
• Responsible for the detailed analysis of various projects that may involve data analysis, scenario analysis, and alert investigation processes with relevant training provided.
• Use of data analytics to better enhance scenario alerts implementation through feedback and collaboration with the various teams.
• Apply various statistical methodologies in analysis of data for various parameters to obtain desired threshold setting outcome, so as to enhance quality of alerts generation.
• Participate in the scenario logics reviews, enhancements and lead the engagements with stakeholders for implementation and operationalization.
• Innovate with skills and experience to better the surveillance framework for the Group.
• Pro-active identification of risks and concerns, including escalation to all relevant stakeholders.
• Timely mitigation and resolution of risks and issues, establishments of effective controls, in collaboration with all relevant stakeholders.

People and Talent

• Required to guide or mentor junior members within the team where necessary with regards to daily BAU processes and also project management and / or testing related activities.

Risk Management

• Identify key issues of the workstreams assigned and work towards resolving, if not escalating where required.
• Collaborate with other teams to ensure risks are comprehensively identified, assessed and managed.
• Support all control checks approved by Operational Risk Framework (ORF) and be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• Comply with and adhere to relevant risk management policies.

Governance

• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.

Regulatory and 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

• Other teams within Compliance Surveillance: Monitoring, Controls, Data Quality and Projects.
• Other functions within the wider Compliance function eg. Advisory, Assurance.
• Business / Front Office.
• Technology.
• Vendors.

Other Responsibilities

• Support the delivery of key priorities and initiatives aligned to the Surveillance Compliance scorecard.
• Keeping people advised about important developments that may affect them and how they work.
• Continually raising the bar on standards of performance.
• Taking ownership of issues and be willing to work across organizational boundaries and structures i.e horizontally and vertically.
• Taking a bigger picture view – what delivers the best overall benefit for the team or the Bank.
• Identifying ways in which development can be achieved with higher quality and lower effort.

Our Ideal Candidate

• Tertiary Education.
• 2 + years of relevant experience in Trade Surveillance, Data Analytics and / or Compliance.
• Analytical and good knowledge of financial products in a bank, business flow and process.
• Proficient in MS Suite / KDB+ and q programming language data queries.
• Experience in agile and lean methodology.

Role Specific Technical Competencies

• Data and Analytical Skills
• Statistics
• Product and Systems Knowledge in Financial Markets, trade booking structures, related systems and end to end trade life cycle
• Programming skills for purpose of data extraction, manipulation, semi-automation
• Operational Risk and Governance
• Written and Communication Skills
• Stakeholder Management

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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. Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers