Job : Operations
Primary Location : Asia-Singapore-Singapore
Schedule : Full-time
Employee Status : Permanent
Posting Date : 21/Mar/2023, 2:39:39 AM
Unposting Date : 20/Apr/2023, 5:59:00 PM


Role Responsibilities
The CCIB Risk Initiatives team sits within the COO team for Corporate, Commercial & Institutional Banking business. Risk Initiatives (\xe2\x80\x9cRIs\xe2\x80\x9d) relate to programs cutting across CCIB businesses, working in an agile operating model with each segment and product area. RIs are CCIB-wide risk initiatives encompassing:

• Complex/Large Scale Regulatory Change
• Material Policy changes
• Topical strategic risks (such as US/CN geopolitical risks).

The CCIB RI Team enables the business to proactively impact assess new RIs, coordinate the approach and interpretation across businesses and partners with the business teams to implement requirements in a consistent and coordinated manner. The role presents an exciting opportunity to work across a diverse range of risk areas, all aspects of the CCIB business and Second Line of Defence (\xe2\x80\x9c2LOD\xe2\x80\x9d) teams. The CCIB RI team is currently designing the pan-bank 1LOD baseline operating model for managing regulatory change as part of the cross-functional Managing Regulatory Change (\xe2\x80\x9dMRC\xe2\x80\x9d) 1LOD/2LOD collaboration.
As part of the Bank\xe2\x80\x99s Managing Regulatory Change (\xe2\x80\x9cMRC\xe2\x80\x9d) programme, the CCIB RI team have a programme of work to make improvements to how we handle regulatory commitments. Regulatory commitments are written or verbal undertakings made by SCB staff to a regulatory authority. These commitments are binding to the Bank similar to all banking regulations. To ensure commitments can be effectively delivered, we are creating an end-to-end process cutting across the First and Second Lines of Defence with the support from Group Regulatory Liaison (\xe2\x80\x9cGRL\xe2\x80\x9d). The role holder is expected to lead the end-to-end MRC Regulatory Commitments programme of work, from defining the scope with both 1LOD and 2 LOD, to creating and executing against a comprehensive roadmap of delivery across both group and country. They will also be expected to define the process flow, RACI and target operating model for regulatory commitments, and the lead the CCIB adoption of the operating model (including any CCIB specific customisation). Post the adoption of the overall MRC Target Operating Model implementation, the role will continue to support CCIB regulatory change initiatives. Business and Process Regulatory & Policy Impact Assessment

• Work closely with 2LOD stakeholders across Principal Risk Types to lead CCIB regulatory interpretation and impact assessment of \xe2\x80\x9ccomplex, large-scale regulations\xe2\x80\x9d applying to CCIB.
• Collaborate with CCIB business change teams to achieve common interpretation, understand business-specific impacts and identify any conflicting areas of interpretation.
• Support the Head of CCIB Strategic Risk Initiatives in the design of pan-CCIB implementation and change management processes.

Target State Process Design

• Based on the nature of the CCIB RI (regulatory change, policy implementation or other bespoke risk topics), design the proposed target state process and capability required.
• For instance, design and development of CCIB-wide process guidance, risk assessment artefacts, controls requirements or other bespoke tools, training material content, training plans and communications content and strategy.
• Consult and collaborate with relevant business and 2LOD teams on the target state approach and resolve any concerns/questions raised.

Business Implementation & Delivery

• Work with CCIB business teams and 2LOD to support delivery across relevant business areas. For instance, deliver \xe2\x80\x9ctrain the trainer\xe2\x80\x9d awareness on CCIB-wide requirements.
• Engage with Learning Councils on deployment of training and issue the communications strategy for the CCIB RI (group, region and country depending on the impact).
• Provide post-go-live support to businesses to resolve any implementation issues/challenges

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s 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.
• Lead the team to achieve the outcomes set out in the Bank\xe2\x80\x99s 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.

Key stakeholders

• CCIB COO Central Teams
• CFCC, CCIB Advisory
• Members of the CCIB Regulatory Refinement Forum
• Relevant technology teams supporting regulatory change initiatives
• Operational Risk, CCIB
• Regulatory Change Team, CFCC

Our Ideal Candidate

• Any Bachelor/ Master\xe2\x80\x99s Degree from a recognized University.
• 10+ years of Experience in Banking and/or Financial services.
• 10+ years of Experience in Senior Stakeholder and Programme Management
• Excellent and Sound knowledge in Regulatory commitments and Regulatory projects
• Experienced in both technology and business programme management
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• 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.
• Ability to take initiative, identify opportunities and work with management oversight to drive the best outcome possible.
• Should have wide knowledge in various business segments and product areas.
• Knowledge/ Experience with payment system implementation is an advantage.
• Hand-on experience working on JIRA.
• Hands-on experience working in an Agile environment.
• Hands-on individual contributor with an eye for detail and a proactive, self-managed working style.
• Excellent written communication and presentation skills; able to effectively engage, influence and manage senior business stakeholders.
• Experience of working in a collaborative, global team.
• Good strategic thinking in identifying solutions and selecting the best combination of practices.
• Proven ability to perform under a high pressure and dynamic environment.
• Strong problem-solving and planning abilities, high improvement focus, and ability to work in a fast-paced environment.
• Demonstrated ability to work effectively independently and as part of a team, including taking initiative, providing regular updates on your work, seeking, and providing support as required.

Role Specific Technical Competencies

• Managing Change
• Project Management
• Effective Communications
• Analytical Thinking
• Regulatory & Compliance

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