Job Description

Job : Compliance
Primary Location : Asia-Singapore-Singapore
Schedule : Full-time
Employee Status : Permanent
Posting Date : 30/Jan/2023, 4:13:59 AM
Unposting Date : 13/Feb/2023, 12:29:00 PM


The Role Responsibilities
Strategy

• Support the Head, Regulatory Regimes in the design and delivery of effective risk framework management for risks emanating from Individual Accountability, Licensing and Cross Border Policy areas.
• Identify opportunities for enhancement to existing Policies/Standards within the purview of the Head, Regulatory Regimes. Ensure there is a clear pipeline of work for continuous improvement.
• Assess effectiveness of cross border policy/standard and develop strategic road map for managing risks associated with cross border activities.
• Support in the development and roll out of the Regulatory Conduct Policy including associated MI and training. Co-ordinate across the various Standard owners and monitor the roll out and effectiveness of the Policy.
• Identify opportunities to automate or deploy technology to streamline processes or provide advice.

Business/Functions

• Develop and maintain partnerships with CFCC Advisory teams as well as business to ensure effective management of licensing and cross border risk types.
• Partner with the relevant GPOs to drive simpler, faster, better execution of the relevant regulatory requirements across relevant processes that preserve the Group\xe2\x80\x99s compliance with regulations.
• Ensure that management of risk types are embedded in the business/functional processes, and that businesses/functions and advisory teams are equipped to monitor and manage these risks effectively.
• Assume role of subject matter expert on policy areas, responding to queries from the businesses/functions as required.

Processes

• Work with the first line to establish any necessary processes/controls to manage licensing and cross border risks. Ensure there is effective monitoring and reporting on these risks back to the Policy Owner.
• Assess whether any additional processes/controls are required to monitor and manage Regulatory Conduct risk.
• Ensure there is effective and comprehensive MI in place to manage Licensing, Cross Border and Regulatory Conduct risks on a group wide basis.

People and Talent

• Review existing training available in the Bank and assess adequacy against Licensing and Cross Border Standards.

Risk Management

• Help to drive the embedding of Cross Border and Licensing related risk identification and good management practices within the first line.
• Contribute to reporting to relevant risk committees on key risks and issues.
• Contribute to horizon scanning for new/emerging regulations which impact relevant policy/standard areas. Ensure that the Bank has a plan to respond to these in a timely manner.

Regulatory and Business Conduct

• Display exemplary conduct and the Group\xe2\x80\x99s Valued Behaviours and live by the Group\xe2\x80\x99s 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 Policies and Frameworks 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.

Other Responsibilities

• Embed Here for good and Group\xe2\x80\x99s brand and demonstrate the Valued Behaviours in CFCC Frameworks and Policies.
• Perform other responsibilities as assigned.

Key Stakeholders

• CFCC Business and Functions Advisory
• CFCC Regional and Country Teams
• CFCC Frameworks and Policies
• CFCC COO
• 1 LoD business teams
• HR Governance and Controls
• HR Global Process Owners

Our Ideal Candidate

• 10+ years of experience in compliance, audit and/or regulatory risk management roles, preferably with a focus on cross border, licensing and/or compliance with/enforcement of banking regulations.
• Established understanding of regulatory frameworks and banking regulations, and best practice risk management techniques.
• Proven experience with coordination of multiple dependencies and challenging stakeholders in a complex environment.
• Proven experience working with senior stakeholders.
• Good drafting and analytical skills.
• Personal authority, integrity, and ethics.
• Sharp business acumen, including the ability to assess risk.
• Team player who demonstrates strong interpersonal skills.

Role Specific Technical Competencies

• Compliance and regulatory risk management
• Compliance Policies and Standards
• Compliance Risk Assessment
• Compliance Advisory
• Regulatory Reporting and Filing

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