Associate Director, Product Services

Singapore, Singapore

Job Description


Role Responsibilities

  • A new opportunity has recently been released to the market for a role replacement. The role holder will work as a member of a global team to support and manage the product governance framework for Financial and Treasury Markets. This role is based in Singapore. Training and support will be provided.
Strategy
  • Help the Group meet its commitment of being "Here for Good" by building a sustainable governance framework that places new product governance best practice standards, and a culture of appropriate conduct at the forefront of the Group\'s agenda.
Business
  • As an independent first line risk control function, execute the relevant aspects of the Product Governance framework through robust independent risk control and the provision of specialist advice and constructive challenge in a manner proportionate to the nature, scale and complexity of the Group\'s business.
  • Proactively support and challenge the Group\'s businesses and functions to exhibit appropriate conduct, comply with policy requirements and strive to achieve fair outcome for the Group\'s clients.
  • Maintain independence, deliver timely responses, and timely escalation of risks and issues where they feel risk management tolerance of the firm are exceeded.
  • Promote the culture and practice of compliance with policy standards (including conducting business within regulatory requirements, and to high ethical standards) within the Bank and embed a Here for good culture and the Group Code of Conduct.
Processes
  • Support the development and maintenance of cross border marketing framework to facilitate cross border business and assist in managing the legal, tax and regulatory risks emanating from such cross border activity.
  • Coordinate the approvals from all relevant risk management functions (i.e. legal, tax, compliance, operations, credit, etc.) for unusual and exceptional transactions.
  • Assist investigations into potential unauthorised and off-strategy transactions.
  • Assist in overseeing the Onshore/Offshore framework of the Group.
People & Talent
  • Demonstrate ability to deliver \'effective governance\'; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner
Risk Management
  • Assist in the provision of oversight across product governance and cross border client engagement, ensuring compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements. This includes compliance with local laws and other applicable laws (e.g. laws governing securities activities, company law) and anti-money laundering regulations and guidelines.
Governance
  • Assist in enhancing end-to-end controls by being a conduit of escalation, and resolution, of product governance risk matters to the Global Head.
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.
  • Enable the Group Product Services team to achieve the outcomes set out in the Bank\'s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • PRA/ FCA / MaRisk / HKMA / MAS / ESMA / MiFID
Key stakeholders
  • First line Product Owners, Business Risk Managers, Regional COO/CEO, Regional Client Coverage, Legal, Tax, Compliance, FCC, Credit Risk, Group Treasury. Finance, Operations, Finance, Cyber Security, Technology and Innovation, Operational Risk, Islamic Banking, Sustainable Finance, Second Line risk owners, 3 rd line Audit
Our Ideal Candidate
  • 5+ years\' experience in New Product approval process & Operational Risk Management in the Banking space
  • Exposure to banking products & management of policies, procedures and processes
  • Proficient in MS Office tools - Excel & Powerpoint
  • Ability to deliver initiatives by driving collaboration and participation from different stakeholders
  • Continually assess and challenge the existing product approval processes to find ways to promote efficiency while maintaining group standards and objectives
  • Drafting and presenting periodic updates on product management to relevant committees
Role Specific Technical Competencies
  • Relationship and stakeholder management skills is important
  • Initiative and proactive thinking
  • Effective communication skills, including presenting and influencing senior management.
  • Excellent Excel & PowerPoint skills
  • Excellent written and oral communication skills.
  • Presentation Skills
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 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

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Job Detail

  • Job Id
    JD1343749
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned