JOB SUMMARY

The Head of Surveillance Analytics is expected to manage a team across different geographies and is accountable for all the analytics and platform related functions in surveillance. The roles and responsibilities include:

•    Spearhead the development of newer analytics methods to enhance scenario alerts generation, calibration, model training and validation, platform development and advanced analytics.
•    Provide leadership and direction to the analytics team members across geographies for all key activities. 
•    Timely mitigation and resolution of risks and issues, establishments of effective controls, in collaboration with all relevant stakeholders across surveillance functions. 
•    Apply analytics to enhance scenario alerts generation through feedback and collaboration with the various teams, including but not limited to quantitative methods such as statistical, numerical analysis of data, or computational techniques.
•    Solutioning the model training for all surveillance teams. Ideate and implement Machine learning techniques and lead the model validation function for surveillance.  
•    Participate in the scenario logic reviews, enhancements and lead the engagements with stakeholders for implementation. Review and Approval of FSDs and other specification documents relating to scenarios as relevant.
•    Take leadership in the relevant Regulatory interactions, Audit and Assurance reviews for Surveillance.
•    Active participation in the leadership forum for surveillance and support Global Head of Compliance Surveillance
•    Represent analytics in internal forums including Surveillance Controls Forum, GCSF, PGSC and others.

RESPONSIBILITIES

Strategy

•    Help the Group meet its commitment of being “Here for Good” by building a sustainable compliance framework that places regulatory and compliance best practice standards in the aspect of Scenario Development, Calibration, Model Training, Validation and Platform Development, and a culture of appropriate conduct at the forefront of the Group’s agenda 
•    Maintain constructive and effective relationships with Technology and Process owners.
•    Maintain independence, deliver timely responses, and timely escalation of risks and issues in analytics and projects where they feel risk management tolerance of the firm are exceeded
•    Collaborate with ITO to deliver the Surveillance priorities

Business
•    Build and maintain an effective and constructive relationship with all key business and functional stakeholders to enable the business and functions to meet/ achieve their strategic tactical objectives.
•    Overall leadership for direct reports of the Analytics team and any matrix reports within Surveillance in GBS locations.
•    Awareness and understanding of various surveillance requirements. Understanding the Group’s business strategy as well as Compliance mandate in supporting the businesses.

Processs
•    Overall ownership of DOIs and process documents for Surveillance Analytics team.
•    Regular and diarised catch ups with Global Head of Compliance Surveillance and other process owners as relevant.
•    Ownership of the Annual calibration schedule and quality of deliverables from the calibration team. 
•    Provide guidance, and support to the project managers on managing change
•    Effectively and collaboratively identify, escalate, mitigate and resolve surveillance analytics functions

People & Talent 
•    Develop and manage talent in analytics for compliance surveillance function. Lead recruitment of talent for analytics function. Responsible for managing team deliverables and quality of the work. 
•    Provide leadership, management and coaching to direct and matrix reports to ensure they are highly engaged and performing to their potential.
•    Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.

•    Collaborate with training teams to input to training curriculum to support closing of capability gaps.
•    Ensure the respective team is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively, to support sustainable business growth and address compliance risks.
•    Ensure staff in the respective team have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions.
•    Monitor team or individual progress and measure delivery to meet performance goals
•    Plan and manage staffing levels based on workload

Risk Management

•    Analyse significant risk events as defined by (ORF) to ensure that all are identified and reported and make risk mitigation recommendations (and/or implement) to relevant stakeholders
•    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

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 Surveillance analytics team to achieve the outcomes set out in the Bank’s Conduct Principles 
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders
•    Global Head of Compliance Surveillance
•    Process Owners for Surveillance
•    Risk Framework Owners for Surveillance
•    Technology and Change Partners for Surveillance
•    Surveillance Governance and Control team

Other Responsibilities
•    Embed Here for good and Group’s brand and values in Compliance Surveillance; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

•    Take personal responsibility for understanding the risk and compliance requirements of my role. Understand and comply with, in letter and spirit, all applicable laws, and regulations; the Group’s policies and procedures; and the Group Code of Conduct. Effectively and collaboratively identify, escalate, mitigate and resolve risk and compliance matters

•    Embed ‘Here for Good’ and Group’s purpose - Driving commerce and prosperity through our unique diversity. Promote a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.

Our Ideal Candidate

•    12+ years experience in compliance surveillance in a financial services setup

•    Bachelors degree in a related field (accountancy or business management)

Role Specific Technical Competencies

•    Manage Conduct 
•    Manage Risk
•    Manage People
•    Compliance Policies and Standards
•    Financial Markets
•    Data and Analytical Skills
•    Surveillance
•    Statistics
•    Written and Communication skills
•    Manage Projects

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

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Visit our careers website www.sc.com/careers