Key Responsibilities

Strategy

• Proactively develop regulatory relationships with regulators in Country through a structured engagement programme with consistent adherence to regulatory expectations.
• Ensure that Standard Chartered Bank's operations in the country are in line with regulatory expectations and Group requirements.
• Set and implement the vision, strategy, direction and leadership, consistent with the vision and strategy for CFCC and in support of the Group's strategic direction and growth aspirations

Business

• Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
• In conjunction with the relevant stakeholders, analyse the impact of regulatory compliance matters on the bank and its operations.
• Use general knowledge of business products undertaken in the jurisdiction to work with business compliance specialists to respond to regulatory questions and keeps the in-Country regulators updated on developments in the Bank.

Processes

• Develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOls to address CFCC, aligning with relevant regulatory requirements.
• Work with the Head, CFCC Governance to manage and develop the relationship with the regulators in accordance with the Regulatory Relationship Plan.\
• Ensure the Bank is properly prepared for regulatory inspections and coordinating responses with the business.
• Providing governance and oversight over the implementation of CFCC related policies and procedures in Country to ensure compliance with such policies and procedures.
• Provide advice to relevant business & functions stakeholders on compliance with Group standards & regulatory matters relating to CFCC.
• Proactively monitor regulatory developments to manage the regulatory impact of complex regulatory matters on the Bank's business and its operations
• Provide guidance on the proper application and interpretation of banking laws, regulations and policies applicable in Country.
• In the event of serious regulatory breaches, or where risk tolerances have been breached, assist in critical workstreams in order to ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
• Track significant issues arising from CFCC metrics, Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
• Prepare and cascade lessons learned from audit findings, assurance activities and specific investigations.
• Support all control checks undertaken by CFCC under the Operational Risk Framework (ORF).
• Coordinate/support the management of audits/exams.
• Act as (second line) Risk Control Owner under the Group’s Risk Management Framework for those aspects of Regulatory compliance relating to AML/Sanctions/ABC/Fraud and escalate as appropriate.
• Coordinate and prepare the CFCRC/SCBMF & RMCB Pack, capture and publish minutes of the respective  meetings to stakeholders. 

Risk Management

•    Maintain oversight of risk mitigating action plans.
•    Provide advice on the application of risk management frameworks (e.g. ORF, GRA, CRA).
•    Apply Group and CFCC policies and processes to manage risks; draft country addenda. 
•    Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
•    Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
•    Map risks, quantify the potential impact and escalate where necessary.
•    Support delivery of annual AML, ABC and Sanctions Risk Assessments for the country and also support the NBS in their assessment
•    Provide intelligence inputs to support calibration of bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
•    Oversee the review and analysis of the client base to identify and manage high risk clients, or specific country reviews.
•    Ensure the Bank is properly prepared for, routine regulatory exams, audits and supervisory inspections, as well as to managing the response from the business.
•    Maintain workplans specific to Country CFCC projects/ initiatives, and communicate the same to stakeholders in a regular, timely fashion to inform and seek inputs.
•    Manage and protect business as usual (BAU) capability during change programme, as well as during the execution and delivery of the Remediation initiatives through project phase into BAU
•    BCP Co-ordinator for the unit

Governance

•    Attend relevant leadership meetings.
•    Run Secretariat for SCBMF & RMCB, support CFCRC/CRC/FORF secretariat work
•    Support Head, CFCC Governance to provide senior oversight of Country CFCC function.
•    In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
•    Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels 
•    Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees.
•    Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the CFCC function.
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.
•    Be a team player in the CFCC Governance 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.
•    Admin role for Regulatory system Daksh and Checker role in the NPCI portal.

Qualifications

• Has a Bachelor's Degree in Banking/ Finance or other related course
• Has at least 10 years of experience in Financial Crime & Compliance, Regulatory Governance and Risk Management, preferably gained from the banking industr
• Has extensive knowledge in Compliance Policies and Standards, Compliance Advisory and Review, Surveillance and Investigations
• Has done Compliance Risk Assessments and Regulatory requirements
• Has excellent change and project management skills

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.