Job Title Here Experience Director
Title: Regulatory Reporting Head
Jakarta, ID
JOB SUMMARY
Regulatory Reporting Manager has overall responsibilities on regulatory reporting obligations and related financial control in general, in details they’re described:
• Has responsibility to fulfil all regulatory reporting obligations timely, accurate and reliable in accordance with regulations
• To coordinate with all parties in relation to financial control activities including with GBS/GFS teams, if applicable
• Has responsibility to run project (if any) related into regulatory reporting
RESPONSIBILITIES
Strategy
• Contribute to deliver bankwide strategy including to deliver and manage communication on regulatory reporting related with internal and external parties through discussion, eq. the regulators
Business
• To maintain deliverables of regulatory reporting with continuous improvement on quality of reporting while having a good communication with the Regulators including during new project and/or regulation implementation
Processes
• To deliver regulatory reporting process in the Country including to lead all related business and support functions to meet with the regulators’ requirements
People & Talent
• To build an appropriate culture and valued behaviours within the team
• To have continuous development by having effective team works to mitigate any risk
Risk Management
• To shape and proactively manage the impact of changing regulatory reporting requirements for the Country
• To build an effective working relationship with regulators
• To ensure the integrity of the financial accounts and accounting controls in Country, that the company complies with all legal and regulatory requirements
Governance
• Has responsibility to be aligned with operational and compliance risk responsibilities under Finance function - Financial regulatory reporting. This is the risk of failure to comply with applicable financial regulatory reporting laws and regulations
Specific to the operational risk sub-types execute second line risk ownership responsibilities as outlined under Operational Risk Framework (ORF) and associated policies and procedures, including, but not limited to the following:
• Ensure that required control standards are being met, by continuous monitoring of risk and control indicators
• Highlight and escalate where control standards are not being met, including to highlight control design deficiencies or gaps to Group Risk Owners
• Review, challenge and support Risk Acceptance Requests made by relevant Country Process Owner for submission to the authorised risk acceptance authority
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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
Key Stakeholders
Internal
• Business Finance
• Operations/Support departments
• BSM Team
• Group Finance
• Other Support Functions
• GFS
External
• Auditors
• Regulators
Other Responsibilities
• Embed Here for good and Group’s brand and values in Country Finance Team;
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures, if applicable
Qualifications
• Bachelor’s degree in accounting and involved in new accounting policy and regulatory reporting
Role Specific Technical Competencies
• Financial Reporting
• Regulatory Reporting
• Accounting
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.