JOB SUMMARY

The Strategic Risk and Regulatory Initiatives Team sits within the CIB Operations and International Markets.

The team provides CIB with capabilities to drive regulatory and risk programmes and initiatives primarily across CIB businesses, working in an agile operating model with each segment and product area.  Due to the nature of these programmes and initiatives, the team support not only the CIB Business but more broadly collaborate and engage across other divisions in the Bank to ensure delivery of pan-bank regulatory and risk programmes initiatives, especially where the majority of work or accountability sits within CIB.

Such regulatory and risk programmes and initiatives may include for example:
•    Complex/Large-scale Regulatory Change (LSRC); 
•    Material Policy changes; 
•    Internally-driven programs supporting the management of regulatory interactions and change (for example, how we engage our regulators and track resulting regulatory actions and commitments);
•    Topical strategic risks; 
•    Strategic change within CIB Conduct & Control, Resilience and Fraud

The team enables the business to proactively impact assess new programmes and initiatives, coordinate the approach and interpretation across businesses; support the delivery and partner with the business teams to implement requirements in a consistent and coordinated manner. 

The role holder will have programme manager responsibility for the delivery programmes within the Foundational and Risk (FAR) pillar, ensuring that the Bank will have core capabilities in respect of regulatory and risk change, deliver against risk-driven initiatives and be compliant with applicable regulations, industry and risk requirements.

The role presents an exciting opportunity to work across a diverse range of risk areas, and all aspects of the CIB business, including collaboration across First Line of Defence (“1LOD”) and Second Line of Defence (“2LOD”) teams. 

The role will primarily direct the delivery of CIB and/or pan-bank foundational and risk programmes with responsibility for establishing and coordinating underlying workstreams, along with change management insights/capability.  Initial assignment will be to the following programme - 

•   Transaction Reporting (TR) and TR Risk Remediation – a programme running across multiple regimes, including SEC, CFTC, FCA, MAS, HKMA etc – to identify underlying issues and gaps, seek process or technology solutions and work with respective teams to oversee implementation, to ensure we meet our reporting obligations across various regimes

The role holder must have domain experience in financial/regulatory reporting with specialist knowledge within TR, with evidence of prior experience in delivering TR remediation programmes. 

The role holder should have familiarity and experience with managing regulatory and risk programmes and/or projects, and have an ability to drive effective solutions. 

RESPONSIBILITIES

Business and Process
•    Co-ordinate and lead CIB and/or pan-Bank programmes, inclusive of creating a compelling vision, and aligning with strategic objectives
•    Lead programme delivery, including planning, analysis, solutioning, and coordination of inputs from stakeholders 
•    Create and deliver programme governance structures that will support programme implementation, including as needed through structuring and oversight of workstreams and/or underlying projects. 
•    Manage workstream deliveries across various stakeholder groups, drive the regulatory team or risk agenda 
•    Maintain ongoing governance forums to support the programme activities, including the preparation of reporting, presentations and chairing of meetings
•    Represent and partner with other 1LOD business and function teams to support programme implementation - collaborate with CIB business and change teams to achieve common interpretation, understand business-specific impacts and identify any conflicts or concerns
•    Work closely with 2LOD stakeholders across Principal Risk Types providing regulatory interpretation and impact assessments as needed 
•    Manage programme implementation and delivery risks, issues and dependencies, ensuring mitigation planning and appropriate escalation when needed
•    Work with technical delivery teams to support requirement interpretation and implementation where required 
•    Work with technology and architecture teams to ensure programme goals and deliveries are aligned with wider Bank technology strategy 

•    Manage resource requirements and ensure resource allocation to programme activities
•    Collaborate with cross-functional teams to analyze and optimize associated business processes as required, driving improvements in efficiency and effectiveness where applicable
•    Drive change management activities to ensure regulatory changes are embedded into day-to-day operations 
•    Manage and issue communication strategy and plans (across group and country, depending on the impact)
•    Plan and engage with cross-bank teams on the deployment of necessary training.  For instance, deliver “train the trainer” awareness on CIB-wide requirements
•    Provide post-go-live support to businesses in resolving any implementation issues and/or challenges
•    Complete lessons-learned and apply in subsequent programmes
•    Engage and work with PMO to support central programme activities such as programme financials management and reporting into forums (e.g Regulatory Refinement Forum)

Governance
•    Adherence to the Bank’s Programme Management good practice and governance, ensuring compliance to Group policies, standards, and local regulatory requirements
•    Adherence to change management standards and procedures and establish frameworks to ensure that business specific initiatives adopt the same standards.

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
•    Relationship management and collaboration across First Line of Defence (“1LOD”) and Second Line of Defence (“2LOD”) teams. 
•   CIB Ops Teams 

•   CIB COO Central Teams
•    CIB Business teams
•    CFCR, CIB Advisory
•    CIB Operational Risk
•    Members of the CIB Regulatory Refinement Forum and other relevant governance forums
•    Relevant technology and architecture teams supporting regulatory and/or risk change initiatives
•    Other pan-bank teams

Other Capabilities
•    Experience successfully managing large scale regulatory and risk programmes and projects, in Financial Services

•    Domain knowledge in financial and regulatory reporting

•    Specialist knowledge within Transaction Reporting (TR), with evidence of prior experience in delivering TR remediation programmes. 

•    Strong analytical skills and critical thinking with meticulous attention to detail to identify TR issues and resolution paths
•    Ability to take initiative, identify opportunities and work with minimal management oversight to drive the best outcome possible
•    Hands-on individual contributor with an eye for detail and proactive, self-managed work style
•    Excellent written, communication and presentation skills; able to effectively engage, influence and manage senior business stakeholders
•    Experience working in a collaborative manner with global teams
•    Hands-on experience working in an Agile environment
•    Should have knowledge of CIB business segments and product areas. 
•    Knowledge / experience with regulatory change/implementation an advantage
•    Excellent communication and interpersonal skills
•    Strong problem solving
•    Multicultural awareness

Our Ideal Candidate

•    Education     Graduate / MBA (optional)
•    Training     15+ years of hands-on experience in programme management and stakeholder management in financial services
•    Certifications     PMP certification or equivalent
•    Risk management certification e.g CRMP or equivalent
•    Agile certification
•    Awareness of IT best practices/IT service delivery frameworks e.g ITIL

Role Specific Technical Competencies
•    Financial and Regulatory Reporting

•    Transaction Reporting

•    Managing Change
•    Programme Management
•    Project Management
•    Business Analysis
•    Effective Communications
•    Analytical Thinking
•    Regulatory & Compliance
•    Risk Management

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