Job Summary

The job holder is responsible for driving business performance, growth, strategic direction, governance, risk and talent management for GIFT CITY- a branch of Standard Chartered Bank, UK. This involves working closely with the GIFT CITY Board and other stakeholders in driving the company.

Key Responsibilities

Strategy
•    Articulate strategy for GIFT City 
•    Look for new avenues of business, diversify across client segments and industries
•    As a business head represent in the OGMG / ALCO / Risk committees
•    Build a strong business through GIFT City by offering a suite of products in line with the overall agreed business strategy

Business
•    Accountable for achieving top line revenue goals in line with agreed targets
•    Manage and drive GIFT CITY financial performance; accurate forecasting; managing cost budget effectively
•    Provide leadership in managing funding & liquidity requirements for GIFT CITY
•    Streamline the process of doing business in GIFT CITY and improve coordination with stakeholders
•    Represent GIFT CITY in front of Regulators, Clients, Auditors, External events as applicable 
•    Responsible for delivering 'effective governance'; capability to challenge fellow OU executives effectively; and willingness to work with them in an open and cooperative manner.

Processes
•    Liaison with Risk, IT, Operations, Compliance etc to provide direction in streamlining processes in GIFT CITY 
•    Ensure seamless execution of deals
•    Ensure to highlight any process gaps and suggest appropriate solutions
•    Ensure OBL processes are maintained without any exceptions.

People & Talent 
•    To manage OBL team with appropriate oversight and Guidance.
•    Embed a high-performance culture
•    Ensure adherence to proper and professional conduct in the entity

Risk Management
•    Role model and demonstrate right decisions for the franchise by balancing Risk/Compliance with Business
•    Establish and maintain appropriate frameworks to ensure business functions in GIFT CITY comply with internal policies, procedures, codes and applicable external laws and regulations 
•    Gather critical mass of issues of material importance and escalate to Group / governance committees as appropriate
•    In partnership with Credit, BORM and OR, complete on-going monitoring in line with OBL Governance requirements.
•    Ensure compliance with Bank policies and procedures as it relates to OBL activities

Governance 
•    Ensure appropriate governance processes and operational risk parameters are followed in GIFT CITY.
•    Ensure compliance with the highest standards of regulatory conduct and compliance practices as defined by internal and external requirements. This includes compliance with local regulatory requirements, other applicable laws (e.g., laws governing securities activities, company law) and anti-money laundering regulations and guidelines)
•    Embed the Group’s values and code of conduct and ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture
•    Ensure all operational and policy requirements are met for all transactions
•    Ensure work efficiency and no failed internal or external audits or operational risk findings related to OBL
•    Ensure high standard and housekeeping of all approvals for all bookings and onboardings at OBL

Regulatory & Business Conduct 
•    Ensure regulatory compliance requirements are covered for all deals booked in GIFT City OBL
•    Highlight any compliance issue identified for escalation and work towards solutions
•    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
•    Lead the GIFT City 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.

Key stakeholders
External:
•    IFSCA
•    GIFT Authority
•    External lawyers / Legal counsel
•    Other banks
•    External Auditors
•    Clients
•    Distribution partners / Alliances for Retail Products
 
Internal:
•    Head Strategy, Process, Governance and Subsidiaries
•    Business & Product Heads
•    Country Chief Risk Officer India
•    Head Compliance India
•    CFO India
•    Company Secretary
•    Other Function Heads and teams
•    Group ALM & TM
•    IBSM
•    Originating country RM, CA and Product partners
•    OU and OBL Credit.

Key Measurables
•    Delivering on agreed Targets and Strategy 
•    Effective Regulatory & Client Engagement
•    Timely turnaround on deals
•    Prompt identification, reporting and resolution of any risk issues
•    Satisfactory internal audit / external audit/reviews etc

Other Responsibilities
•    Embed Here for good and Group’s brand and values in India 
•    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualifications

•    Master’s degree in business management / finance or relevant
•    Preferably 15+ years' experience in banking, understanding of SCB’s GIFT City strategy and business potential
•    Languages: English and/or local language skills as relevant to country requirements
•    Team and Stakeholder Management skills.

Skills and Experience

•    Manage Conduct
•    Risk Management and Internal Controls (SIF)
•    Manage People          
•    Business – Strategy and Business Model (SIF)
•    Business - Market Knowledge (SIF)
•    Business – Products and Processes
•    Business - Financial Analysis and Control (SIF)

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months 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.