Job Summary

Strategy
•    Focal point for all Regulatory interactions of specific area during onsite and off-site inspection.
•    Maintain RBI relationship, monitor regulatory approvals, facilitate regulatory engagements, ensure compliance with relationship with regulators standards, build relationships with other regulators
•    Maintain and track regulatory commitments
•    To coordinate with RBI, seek clarification and liaise with business stakeholders, track responses and escalate as and when required.
•    Ensure timelines are met for RBS submissions (tranche I / II / III, Bank profile as applicable)
•    Support country projects (CIMS, EDMp etc)
•    Assist in building easy and efficient automated solution to bring efficiencies in the processes
•    Maintain DOIs for the processes handled
•    As the UORM for Compliance highlight the operational risk issue within compliance
•    Host the monthly FORF meetings to discuss and agree action plans, discuss forward looking risks.
•    Ensure timely raising of issues in M7 and Issuepoint, Breach reporting
•    Send various updates to CMT /CNFRC/CRC / Region, presentation decks for senior management visits
•    Update / review country addendums, local policies such as Compliance policy, Records Management policy etc
•    Support in deciding Residual Risk Assessment.
•    Compliance approvals for data access
Business
•    Ensure that key changes (to regulatory laws, rules, regulations) are communicated and cascaded (in country) and is aligned with group communications where relevant.
•    Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, regulations, laws, best practices and policies related to CFCC
Processes
•    Develop, keep up to date and recommend for approval to the relevant Risk Committee, appropriate policies/processes/DOls to address CFCC, aligning with relevant regulatory requirements.
•    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.
People & Talent
•    Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
•    To collaborate and build appropriate Compliance culture within the team and with Business stakeholders.
Risk Management
•    Maintain oversight of risk mitigating action plans.
•    Provide advice on the application of risk management frameworks (e.g. ORF, GRA).
•    Apply Group and CFCC policies and processes to manage risks. 
Governance 
•    Attend relevant leadership meetings.
•    Provide oversight of Country CFCC function.
•    Lead, Support or Influence significant programmes of work in the CFCC initiatives and projects.
•    Proactively drive the development and maintenance of good relationships with internal and external business stakeholders at appropriate levels ensuring an open and cooperative environment.

Regulatory & Business Conduct
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    Support relevant stakeholders to respond to regulatory questions
Key stakeholders
•    Regulators, Internal Senior and other stakeholders across various functions, units and departments.
Other Responsibilities
•    Embed Here for good and Group's brand and values in the CFCC Governance team.
•    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Role Specific Technical Competencies
•    Compliance Policies and Standards
•    Compliance Advisory
•    Compliance Review and FCC Assurance
•    Surveillance (including Screening and Monitoring)
•    Investigations
•    Compliance Risk Assessment
•    Regulatory Liaison
•    Manage Change
•    Manage Projects
 

Key stakeholders
Internal
Region CFCC; Group CFCC; Business; GIA; GBS

External
RBI; Auditors

Skills and Experience

Compliance Policies and Standards
Compliance Advisory
Compliance Review and FCC Assurance
Surveillance (including Screening and Monitoring)
Investigations
Compliance Risk Assessment
Regulatory Liaison
Manage Change
Manage Projects

Qualifications

Graduate/Post Graduate; Minimum 10 years of Banking/Compliance Experience

About Standard Chartered

What we offer