Job Summary

•    Responsible for management of the CFCC risk (Sanctions, AML including Payment Transparency and Data Quality) to enable front to back, seamless, client focused delivery and reduction of residual risk for the Transaction Banking Cash business. 

•    Work with stakeholders across 1LOD, 2LOD and 3LOD to streamline processes, enhance productivity, reduce risk and improve controls for CFCC risks across all principal / top risk types including:
o    Data Management (Data Quality, Records Management)
o    AML
o    Sanctions
o    Payment Transparency

Key Responsibilities

•    Tracking and validating the residual risk and treatment plans the CFCC deliverables.  This includes:
o    Reviewing secondary metrics and OREs to identify root causes for incidents.  
o    Work with 2LOD and partners to define treatment plans to address risk and reduce the risk profile.
o    Define the technology platform for CFCC Risks where required and the key operational processes.

•    Partner with the Cash Product team to ensure that the CFCC risks for all new / materially changed products are managed through treatment plans and actions. 

•    Manages the Cash - FCC & DQ workstream within the TB Regulatory and Risk Programme, including:
o    Management of the Cash CFCC Pre-Refinement meeting that oversees the front to back Cash business and related forums where the risk agenda is managed including risk elevations, mitigating actions and treatment plans across all applicable CFCC risk types impacting the Cash business.  This role is also expected to manage the PTOG.
o    Working with technology to ensure capacity allocation and delivery of all relevant work items for regulatory, risk and control items.  
o    Validating the Risk Index and setting targets for the scorecard.
o    Escalating any material risk issues or delays to 2LOD and senior committees where the agreed glidepaths are impacted.
o    Providing inputs to senior governance meetings and committees as required.

•    Ensure systems, capabilities, infrastructure, and processes are fit for purpose and are implemented as per required standards across all locations and remediated to meet the RR targets for CFCC risks.

•    Ensure constant client input to the CFCC epic to elevate the client experience and drive the service teams to deliver high quality client interactions with solutions that meet client expectations.

•    Be the point person for FI Clearing and Paytech on risk considerations engaging with other TB/Cash risk leads.

Strategy
•    Responsible for effectively assessing and helping to manage the - CFCC epic and its impact on Strategy, Operating Model, Risk and Controls standards and compliance with regulations, and ensure business processes are aligned with the organization’s strategic goals.
•    Collaborate with Technology on futuristic digital opportunities, pre-empt disruptive forces and commercialise innovative use of technologies.
•    Support continual experimentation to deliver outcomes that align to the strategy and product backlog.

Business
•    Partner with the Business, taking product investment decisions, into design, specification, and solution phases, securing support services from other teams.  The term “Product” is used here in a generic sense to describe required capabilities.  It includes capabilities that are needed to meet regulatory requirements as well as capabilities for supporting “internal clients”.
•    Role model a strong, collaborative business relationship between Cash delivery teams across the global  footprint. Maintain strong lines of communication across our Cash footprint through an effective communication process.

Processes

•    Lead initiatives to innovate and digitize processes as well as driving collaboration and best practice sharing across the network.

People and Talent 
•    Lead through example and build the appropriate culture and values. Set appropriate tone and expectations for the team and work in collaboration with risk and control partners.

Risk Management
•    Act quickly and decisively when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees in line with the banks policies.
•    Work with the relevant BRM team to develop, design and implement control measures and monitoring plans for compliance and operational risk management.
•    Ensure that material risks that are brought to stakeholders’ attention which affect business processes and critical systems and projects are monitored, managed (to minimise loss and risk), and escalated accordingly.

Regulatory and 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 TB Cash business to achieve the outcomes set out in the Bank’s Conduct Principles around Financial Crime Compliance.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    Provide oversight across the footprint, ensuring compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements. This includes compliance with local banking laws and anti-money laundering regulations and guidelines.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
•    Through the Business Risk Managers, monitor the effective communication and implementation of regulatory changes

Key stakeholders
•    TB and Cash MT
•    TB and Cash COO MT
•    TB and Cash Ops MT
•    Cash Product Managers
•    Digital Channels
•    Cash Strategic Pillar Leads 
•    TB/Cash Country business and operations heads
•    Technology heads
•    Risk Framework Owners
•    Internal / External Audit
•    Regulators

Our Ideal Candidate

• 10+ years industry experience in Risk Management with relevant experience on Cash Management and Financial Crime Compliance
• Masters or Bachelor's degree
• Experience in driving governance framework, managing regulatory, operational and other risks for Clearing and Corresponding Banking product suite
• Knowledge of all segments in the Transaction Banking business especially on Cash Management and activities with a broad understanding of CCIB Banking business
• Proactive and positive with the ability to make good/sound decisions  and use independent judgement balancing risk and business grown mindset
• Project and Programme Management skills to monitor specific projects and take ownership of issues/ tasks.
• Thought leadership and proven ability to lead and manage various teams globally and effectively collaborate  with a wide range of stakeholders
• Ability to create effective work relationships across functions & borders 
• Interpersonal skills in networking, influencing and decision taking
• Good presentation, time management, negotiation and influencing skills

• Excellent written & oral communication skills 
• Can work independently or within a team, adhering to strict timeframe
• Focused, organised and results-oriented
• Experience of working with senior stakeholders. Ability to influence senior staff and offshore shared services teams and drive change agenda
• Assertive, tenacious and willing to challenge when required
• Knowledge of the Global regulatory environment and the ongoing developments especially on the Financial Crime risk and Payments and Clearing space
• Licenses and Certifications/accreditations (preferred but not essential)

Role Specific Technical Competencies

•    Banking Products more specifically Transaction Banking Cash
•    Non-Financial Risk Specifically Sanctions and AML 
•    Data Compliance requirements 
•    Change Management
•    People Management
•    Strategy and Business 
•    Service Delivery and Operations 

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

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