Job Summary

Regulatory compliance activities

• To perform all the regulatory compliance activities
• Handling regulatory inspections and internal & concurrent audits
• Coordinating with various departments to enable the inspections and audits
• Coordinating with various departments to enable implementation of regulatory requirements
• Validating responses to clients complaints to ensure nil or minimum regulatory impact at later stages
• Ensuring submission of periodic regulatory reports in timely and accurate manner.
• Assisting teams in formulating policies and procedures for day to day operations in compliance with requirements
• Weeding out redundant practices and processes to optimize resource utilization

Key Responsibilities

Compliance Monitoring Reviews

• To conduct thematic review local/group.
• To comprehensively conduct CMR, as decided either locally/or by the group which involves preparation of TOR/Doing Field work and finalization of reports. It needs to be ensured that CMR are conducted as per methodology prescribed by the group and activities so involved needs to be completed well within the time frame

Advisory to Business

Compliance advice to business and other stakeholders

CB Advisory on

• Product development in line with requirements
• Cross Border Guidelines
• Local regulations.
• Product Documentation

Precise advice to be given to business. Advice so given should be clear and un-ambiguous and should be provided in timely manner

Trade Surveillance

• Investigating trade alerts received from Exchanges
• Investigating trade alerts generated from internal systems
• Reviewing explanations for such trades from the respective dealers and clients
• Responding to Exchange / depositories on their alerts
• Reviewing alerts summary to be placed to board

Strategy

• Support and implement the vision, strategy, direction and leadership for CFCC teams, consistent with Global Head, CFCC-WRB, vision and strategy for the Compliance function and in support of the Bank’s strategic direction and growth aspirations.
• To enhance the Bank’s relationships with its regulators as they affect its business in India, so as to maximise the benefit to the Group flowing from those relationships

Business

• Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality regulatory compliance advice and guidance to enable the business and functions to meet/ achieve their strategic tactical objectives.
• Work closely with the business to provide timely regulatory compliance advice to ensure compliance with all relevant laws and regulations and support the transition to pro-active and pre-emptive compliance and conduct risk mitigation.
• Regular and diarised catch ups with all key business stakeholders.

People & Talent 

• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
• Ensure the provision of ongoing training and development of people, and ensure that holders of all critical functions are competent, suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.

Risk Management

• Act as Risk Owner under the Group’s Risk Management Framework for WRB processes where Compliance is the second line Risk Owner.
• In collaboration with relevant senior managers, support a programme for compliance monitoring, surveillance and assurance for WRB 
• Maintain adequate management MI / trackers across all aspects of their coverage and responsibility to ensure all issues and matters are tracked, followed, regularly assessed and reported on.

Governance

• Within the Group's overall Risk Management Framework, establish and maintain appropriate risk based compliance frameworks for identifying, assessing, managing, monitoring, mitigating and reporting compliance (including regulatory and financial crime) risks across WRB. 
• Develop and recommend (for approval by the relevant Risk Committee), appropriate compliance policies and procedures relevant to WRB business.

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

• Regulators-SEBI/FIU/Exchanges 
• Business Team (WRB )        
• Group CFCC
• Risk (OR, Credit)        
• Finance and Tax
• Legal

Other Responsibilities

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

Skills and Experience

• Compliance Policies and Standards     
• Compliance Advisory    
• Compliance Review and FCC Assurance    
• Surveillance (including Screening and Monitoring)    
• Investigations   

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.