About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Drive changes within the Financial Markets business to enhance governance frameworks, policies, processes and controls to minimize compliance and regulatory risk. This includes designing and reviewing controls under the Operational Risk Framework. This will involve working through implementation of the Enterprise Risk Management Framework within FM and embedding appropriate control processes across the FM business
Act as the subject matter expert and advise on relevant regulatory requirements and expectations, review and develop relevant policies and procedures to address them, and develop and implement training programs as required.
Support the ongoing work within the Bank to identify and implement the requirements for the Financial Markets business to comply with global regulations impacting Compliance and the Business.
Design and coordinate the execution of reviews and control processes to test whether enhancements are adequately embedded.
Plan and participate in regional initiatives and the Compliance Risk Assessment to ensure best practices are adopted where applicable and enhance the overall standards of Compliance and risk management in country.
Articulate the priorities and objectives of CFCC Advisory programme for FM, in particular Macro and FX trading
Proactively keep abreast of changes in regulation and legislation applicable to Group standards and policies, industry best practice, and changes to business activities and products
Technical knowledge in typical laws and regulations applicable to the FM business
Strong knowledge of FM products, including foreign exchange and interest products and wider business practices
Ability to analyse relevant laws and regulations and relate regulatory issues to products and business models.
Strong knowledge in risk identification, assessment and mitigation, controls development, monitoring and training
Responsible for 2 nd line oversight of risks adequately mapped against the Group's Operational Risk Framework (ORF) and appropriate controls are established to allow for ongoing monitoring and supervision
Assist in the resolution of surveillance queries
Support and perform Compliance monitoring and control reviews
Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
Ability to prioritize and manage multiple tasks in a high pressure environment
Ensures appropriate documentation of controls and control decisions.
Works collaboratively with the business and Operational Risk in enhancing the Operational Risk Framework (ORF).
Responsible for assessing the effectiveness of the Group's arrangements to deliver effective governance, oversight and controls in the business and, oversee changes in these areas
Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role
Responsible for delivering 'effective governance'; capability to challenge fellow executives effectively; and to work with any regulators in an open and cooperative manner
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.
Support FM Compliance function to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
The individual will be required to manage stakeholders from Global and Regional Compliance teams, Front Office, Operational Risk and other support functions
Ability to ensure that relevant stakeholders receive relevant and timely information on developments in compliance or in the business, with the priority on ensuring "no surprises".
Ability to effectively communicate to stakeholders at all levels and through channels appropriate to the situation. This includes training where necessary and establishing appropriate forums required to ensure stakeholders remain informed.
Embed 'Here for good and Group's brand and values in FM Compliance'
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
The above requirements not intended to be interpreted as an exhaustive list of all responsibilities and duties to be performed and the individual will be required to assume responsibilities to effectively deliver on the role
Our Ideal Candidate
strong technical knowledge of Financial Markets products, activities and associated regulatory requirements, and sound understanding of risks and control frameworks.
the ability to analyse regulations and their applications, and a strong appreciation of the importance of proper standards of conduct within banking.
the ability to develop relationships with multiple stakeholders in various functions and countries, including but not limited to Sales & Trading, Legal & Compliance, Regulatory Reform, IT and Operations, Project Management and the COO Office. This should include the ability to interact with a broad range of stakeholders, to ensure the requirements are understood, their impact on the business analysed and delivered through to implementation, including the control framework.
the ability to work independently and within a team. The candidate should have a desire to deliver results, be self-motivated and self-reliant with a genuine desire to get things done.
excellent written English with a proven track record of drafting business and functional requirements documentation.
Strong MS Excel, MS Word, and MS PowerPoint skills would be an advantage.
Apply now to join the Bank for those with big career ambitions.
Internal Number: 6518582
About Standard Chartered Bank
eFinancialCareers is a career site specializing in financial services.