Job Summary

Strategy

• Awareness and understanding of the Group’s business strategy and model. 
• Proactively manage and develop relationships with the various Regulators with a focus on the two key regulatory agencies, the Federal Reserve Bank of New York, and the New York Department of Financial Services.
• Drive a more proactive and anticipatory posture with our Regulators to identify and understand regulatory trends and their applicability to SCB. 
• Build trust with Regulators through meeting SCB’s regulatory commitments and through regular briefings with the regulators.

Regulatory Relationship Management 

• With Regulatory Affairs team, act as main point of contact to US regulators for exams, continuous monitoring meetings, ad-hoc requests and/or meetings and ensure engagement with US regulators is clear, transparent, and timely. 
• Deliver ongoing regulatory requests in timely manner.
• Identify key messages and talking points for meetings with Regulators working in collaboration with the Head of Regulatory Affairs and various stakeholders from business as appropriate.
• Engage regulators in open and transparent manner to understand areas of focus / risk.
• Establish and develop effective working relationships with CFCR and other personnel across the businesses and functions.

Examination & Continuous Monitoring Reviews - Relationship Management

• Plan, coordinate, execute and manage regulatory examinations, continuous monitoring meetings and regulatory visits/meetings.
• Ensure all regulatory requests are tracked, assigned to the appropriate business/function, and handled in timely and accurate manner.  
• Deliver all aspects of the examination process from pre-examination data collection, managing day-to-day onsite examination meetings, and follow through of all post examination findings.
• Act as a business enabler by providing thought leadership by planning, working closely with businesses, and executing regulatory exams.
• Monitor examination trends in the industry and work with the business to ensure they are aware of and prepared for current examination focus.
• Drive enhanced communication with US Regulators and staff through defining standards and delivering training for appropriate communication.
• Ensure regulatory engagement is clear, transparent, and timely.

Key Responsibilities

Regulatory Reporting & Management Information 

• Ensure Regulatory Affairs and Group required reports and management updates are completed within the required timeframes.
• Maintain a tracker of regulatory requests and engagements between key stakeholders in the Bank and our regulators.

Risk Management

• Identify and escalate potential regulatory issues, particularly as identified during regulatory examinations, as early as possible.
• Identify areas of Regulator focus identified in examinations – to identify thematic areas of concern, changes in intensity of that focus and assess regulatory sentiment.
• Prep business and functions prior to continuous monitoring reviews and / or regulatory examinations.

Governance 

• Handle ad hoc inquiries and surveys as requested by the Regulators from time to time.
• Ensure all examination findings and issues are appropriately escalated to the Regulatory Transformation team for actioning and completion.  

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.
• Lead the Regulatory Affairs team to achieve the outcomes set out in the Bank’s Conduct Principles; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.
• Promote the culture and practice of Compliance within the letter and spirit of regulatory requirements and ethical standards in the conduct of business and oversee Compliance with those requirements and standards. 

Qualifications and Experience

Key stakeholders

• Head of Compliance
• Group Regulatory Compliance
• Businesses or Unit Heads and Managers
• Internal Audit
• Local US Management Team or designee
• Local Regulators
• External Auditors 

Qualification

• Good knowledge of SC’s banking products and support structure.
• 10 years of Regulatory Relations or exam management experience preferred. 
• Experience with various prudential and securities regulators, including but not limited to: FED, OCC, state regulators, FINRA, NFA, CFTC
• Effective collaborative skills that contribute to positive working relationships with counterparts in Compliance and the business. 
• Ability to effectively prioritise multiple responsibilities.
• Strong project management and organisational skills, particularly with conducting effecting planning, management, and follow-up of regulatory exam

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.

Recruitment Assessments

Expected annual base pay range for the role is 147,480 USD to 221,220 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations Visit our careers website www.sc.com/careers 

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers