Job Summary

The role is responsible for maintaining the SCTS governance framework, supporting Board and Committee processes, managing outsourcing and third-party activities, overseeing complaints management process and carrying out testing and reporting for the Business Risk function.

Key Responsibilities

Strategy

• Drive continuous improvement of trust governance by streamlining Board/Committee processes, enhancing regulatory framework, coordinating stakeholder engagement, and overseeing third party, and outsourcing lifecycles.

Business

• The Specialist – Business Risk and Governance will be in charge of ensuring the integrity of the governance framework, following up on decisions made by various governance meetings, performs all activities relating to outsourcing and third-party risk management as well as performs testing etc. for the Business Risk function.

Processes

• Support the chairman in compiling and distributing meeting packs for Board, Management Committee (“MANCO”), Investment Review Committee (“IRC”) and other committees/internal meetings, including taking minutes and follow up on action points with respective owners.
• Prepare Directors’ Resolutions for signing by the Directors.
• Track status of mandated exits of trust clients, ensure Joint LCC approval for extensions of exit deadline, and report status in monthly MANCO meetings.
• Oversee outsourcing lifecycle (new/incremental outsourcing applications, obtain MANCO approval, maintain outsourcing register, perform annual risk reviews and periodic risk reviews, perform Third Party Continuity Plan and Exit Management Plan).
• Manage third-party service provider arrangements, including periodic renewal of agreements and annual third-party security risk assessments, and responses to Group Operational Risk on non panel providers.
• Co-ordinate investment review process (data extraction, follow-up with Trust Officers, call report checks).
• Maintain Investment Review DOI.
• Disseminate STA talks and seminar information to internal staff and handle complimentary registrations.
• Act as key contact person to Singapore Trustee Association (STA).

People & Talent

• NA

Risk Management

• Manage monthly submission of matters to be reported to the Singapore Financial Crime Risk Committee
• Manage Trust Product Program updates, including periodic reviews.
• Manage complaints end to end: logging, drafting responses, tracking status, table complaint in MANCO, and monthly complaints reporting to PvB Business Risk Management.
• Perform Control Sample Testing (CST) / Key Control Indicators (KCI) reviews and ensure adherence to operational risk timelines.
• Performed review and gap analysis to identify control gaps, and proposed remediation actions to strengthen FCC and operational risk controls in line with MAS and internal Standards.
• Execution of business risk related activities and reporting tasks.

Key Responsibilities

Governance

• Annual refresh of Terms of Reference of Board, MANCO, IRC & LCC.
• Roll out annual Board Survey and follow-up with Directors on improvements required.
• Obtain annual Directors’ Declaration of Interests (SCTS, SCTS Capital & SCTS Management).
• Handle new appointment / resignation of Directors / Resident Manager, including review of MAS Form 4 and Form 2 and drafting responses to MAS’ queries.
• Manage the three entities’ information (SCTS, SCTS Capital & SCTS Management) in BluePrint as Responsible Person (“RP”), including semi-annual attestations, and act as point of contact for corporate information required by stakeholders.
• Support the Accountable Executive of the three entities in submission of timely and accurate semi-annual attestations to Governance CEO.
• Handle annual Company Secretary Checklist submission.
• Liaise with Singapore Corporate Secretariat, including compiling signed corporate and Board documents for onward submission to the external corporate secretarial service provider.
• Provide documents and information for annual statutory audit, prepare external auditors representation letters for MD’s signature, and handle AGM documentation, including uploading audited materials to BluePrint.
• Maintain CorpPass access, MASNET, MAS-Tx and Trust SharePoint.
• Provide periodic confirmations to Singapore CFCR (Regulatory Compliance) on Senior Managers / Material Risk Personnel for fit & proper rescreening exercise.
• Act as backup to disseminate MAS circulars in the absence of the primary Trust Officer.
• Administer Authorised Signatories changes for SCTS and Trusts / PIC accounts.

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

• Board members
• Management Committee members
• Client Committee members
• Business Enablement Team
• Trust Accountants
• Trust Administration Team
• Internal and External Stakeholders

Other Responsibilities

• Embed Here for good and Group’s brand and values in Singapore / WRB / SCTS. Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Skills and Experience

Our Ideal Candidate: 

• EDUCATION: Bachelor’s Degree
• 5 + years of experience in Governance or Risk or Company Secretary roles, with prior working experience in Trust companies or banks will be advantageous.
• LICENSES MEMBERSHIP: Member of Society of Trust & Estate Practitioners, if applicable.

Role Specific Technical Competencies:

• Writing Skills
• Experience in liaising and handling different stakeholders, both internal and external.
• Market Knowledge: Experience and knowledge of the relevant businesses and processes in the banking or trust industry
• Regulatory Framework and Requirements: Awareness and understanding of the regulatory framework in which the Bank/Trust Company operates, and the regulatory requirements and expectations relevant to this role

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