Job Description

The Role Responsibilities

Role Briefing

• A key Group Advisory role is based in Singapore providing Conduct, Financial Crime Compliance (CFCC) advice and support to our Digital Channels and Data Analytics (DCDA) vertical which is part of Corporate, Commercial and Institutional Banking (CCIB) Business. The role is at the heart of our continued transformation of the organisation to be Digital first and Data driven.
• An exciting opportunity that involves working alongside the business on in two fast moving areas that are key in the evolution of the financial services industry. It is a global role and the job holder will have first-hand insights to the Digital and Data initiatives and provide effective oversight and challenge.

Strategy

• Support and implement the vision, strategy, direction and leadership for DCDA CFCC, consistent with Chief Compliance Officer, CFCC Advisory, DCDA\xe2\x80\x99s vision and strategy for the Compliance function and in support of the Bank\xe2\x80\x99s strategic direction and growth aspirations.
• Promote the culture and practice of compliance with compliance 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 within the DCDA business.
• Proactively support and effectively challenge the delivery of the DCDA business strategy within the bank\xe2\x80\x99s risk appetite and in compliance with the relevant risk type frameworks.
• Provide support to and coordinate with Regional and Country CFCC teams that support DCDA.
• Support and challenge the Business in management of non-financial risks, adhering to non-financial risk frameworks and embedding good risk culture and knowledge across the DCDA business.

Risk Management

• Ensure effective management of CFCC matters and, in collaboration with the rest of the team, effectively manage regulatory issues that have a significant impact on the Bank.
• Assist the Global Head CFCC Advisory DCDA to collaborate with the other compliance colleagues to anticipate horizon risks that may have a significant impact on DCDA and the Bank and develop effective strategies to mitigate such horizon risks including global standards for conduct of business.
• In the event of serious regulatory breaches, or where risk tolerances have been breached, support the escalation to senior management in the Bank and relevant regulators.
• Ensure proactive and timely identification, assessment, advice and dissemination of evolving regulatory changes/practices and associated risks, and proactive engagement in regulatory reform.
• Support the Global Head CFCC Advisory DCDA to provide reports, as required to relevant Group and Business risk and control committees and management group on key compliance risks and issues.
• Support delivery of annual CFCC Risk Assessments, including the Compliance Risk Assessment (CRA), Product Risk Assessment (PRA), Global AML, ABC and Sanctions Risk Assessments.

Governance

• Within the Group\'s overall Risk Management Framework, establish and maintain appropriate risk-based compliance frameworks for identifying, assessing, managing, monitoring, mitigating and reporting compliance (including regulatory and financial crime) risks across DCDA.
• Ensure appropriate CFCC assessment of any product / service from DCDA is clearly outlined including all relevant regulatory requirements as advised to the business.
• Propose and where required, assist in conducting assurance reviews at Group, Country and Business levels to identify gaps and emerging risks.

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.
• Support the Global Head, CFCC Advisory, DCDA to lead the function to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles: Fair Outcomes for Clients; Financial Crime Prevention; Creating the Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve Conduct Risk matters.

Key Stakeholders

• Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality regulatory compliance advice and guidance to enable the business and functions to meet/ achieve their strategic tactical objectives.

Our Ideal Candidate

• 10+ years of experience in a regulated financial institution or equivalent such as fintech.
• Proven experience in business risk, control, operations or an equivalent function. Experience in Compliance and prior regulatory knowledge is an advantage.
• Bachelor\xe2\x80\x99s Degree and / or industry certifications specialising in, but not limited to, legal or risk management.

Skills

• In-depth knowledge and understanding of financial services compliance and the related laws, regulations, and industry best practice.
• Good knowledge and understanding of Data Conduct related risks.
• Good knowledge / interest in Distribution Ledger Technology, API, Artificial Intelligence, and their associated regulations and guidelines and industry payment practice.
• Strong ability to analyse relevant laws and regulations and co-relate regulatory issues to business models.
• Strong ability to identify and articulate compliance and financial crimes issues/risks, including trend analysis and horizon risks.
• Strong problem solving / presentation / collaboration / agile mindset

Role Specific Technical Competencies

• Compliance Regulations and Risk Management
• Financial Crime Regulations and Risk Management
• Conduct Risk Management
• Data Gathering, Analysis and Assurance
• Business Ethics / Acumen
• Cross Functional Collaboration
• Emerging Technologies
• Operational Governance / Internal Controls

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

Standard Chartered