JOB SUMMARY
Responsible for managing the CFCR function in [Taiwan]
Responsible for providing support for [Taiwan] on the delivery of the SCB financial crime risk framework. Financial crime risk for the purpose of this role covers: anti-money laundering, countering terrorist financing, countering weapons proliferation financing, compliance with financial sanctions and asset freezes; and anti-bribery.
Responsible for the oversight of the execution of the various Group CFCR frameworks within [Taiwan] which are designed to ensure compliance with applicable regulations, internal Policies, Standards and codes so SCB operates within the letter and spirit of the law and in so doing protect the reputation of SCB with its regulators and balance the needs of other stakeholders.
Responsible for providing a single interface for the function's stakeholders (including those in the businesses) for all CFCR issues and risks in [Taiwan].

RESPONSIBILITIES
Strategy
Drive and implement the vision, strategy and direction set by CCO, HK and GCNA and CEO, HK and GCNA for the CFCR function in [Taiwan] and align it with the broader strategic agenda of the Group and [Taiwan] business.
Ensure that there is adequate support (people, processes, tools, frameworks, systems) in CFCR, [Taiwan] to support sustainable business growth and address CFCR risks.
Represent the CFCR function in relevant committees or management forums.

Business
Analyse comprehensive impact of CFCR matters on the relevant business areas and their operations.
Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with Group communications.
Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
Ensure appropriate advice is provided to the relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to CFCR.

Processes
Recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOls to address CFCR risks, aligning them with relevant regulatory requirements.
Provide support and challenge to the Bank's senior management to. ensure that they establish and monitor appropriate processes for compliance with CFCR Policies and Standards (including meeting regulatory obligations and maintaining high standards of conduct).
Provide governance and oversight over the implementation of CFCR-related Policies and Standards in [Taiwan] to ensure compliance with such Policies and Standards.

People & Talent 
Lead through example and build the appropriate culture and values. Set appropriate tone and expectations within the [Taiwan] CFCR team and work in collaboration with risk and control partners.
Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are competent, suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
Employ, engage and retain high quality people, with succession planning for critical roles.
Responsible for reviewing team structure/capacity plans.
Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
Regularly and on a timely basis appraise performance as well as proactively manage attrition when needed.
Assess competency and skill of the team on an ongoing basis to ensure alignment of skill set to the risk management demands of the business.
Ensure teams are adequately resourced and capacitised.

Risk Management
Act as Risk Owner under the Group's Risk Management Framework for Regulatory Compliance Processes.
Identify and assess sources of regulatory risks and ensure that systems and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels. Report on material regulatory and other CFCR risks in [Taiwan].
Implement and support, in collaboration with senior managers, effective programs for CFCR monitoring, surveillance and assurance in [Taiwan].
Maintain oversight of risk mitigating action plans.
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.
Anticipate horizon risks in the area of CFCR that may have a significant impact on the Group and develop effective strategies to mitigate such horizon risks.
Advise [CCO, HK & GCNA] and [CEO & WRB Head, Taiwan] (where relevant) on material CFCR issues (as required) and to ensure appropriate steps are taken to manage and/or mitigate the issue.

Governance 
Provide senior oversight of the CFCR function in [Taiwan] including the various Group CFCR frameworks and programs within [Taiwan].
Ensure lessons learned from audit findings, CFCR assurance activities and specific investigations are prepared and cascaded to relevant stakeholders.
Provide leadership to the CFCR network as part of the Group senior CFCR management team.
Provide timely, relevant and accurate management information to Cluster CFCR senior management and CEO, [Taiwan on key regulatory risks and control effectiveness.
Support the product program and country addendum framework in [Taiwan].

Regulatory Relationship & Regulatory Change
Responsible for regulatory relationships in [Taiwan], including regulatory inspections management, and identification of regulatory reform initiatives with significant impact on [Taiwan].
Support [Taiwan] CEO in ensuring proactive regulatory engagement and in establishing an effective regulatory relationship plan in [Taiwan].
Execute and implement functional best practices around regulatory inspections.
Ensure proactive and timely identification, assessment, advice and dissemination in accordance with the respective Group framework, of evolving regulatory changes/practices and associated risks in and relating to [Taiwan].
Ensure proactive engagement in regulatory reform, including ensuring identification and escalation of regulatory reform proposals, participation in local internal regulatory relationship and reform forums and memberships of local external industry forum.

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 [Taiwan] CFCR team to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment
Effectively and collaboratively identify, escalate, mitigate and resolve risk, Conduct, Financial Crime and Compliance matters.

Key Stakeholders
Relevant Taiwan Regulators
CEO, [Taiwan]
Heads of Businesses and Functions, [Taiwan]
Matrix reporting lines and their line managers
Group Internal Audit

Other Responsibilities
Embed Here for good and Group’s brand and values in the CFCR teams.
Perform other responsibilities assigned under Group, Country, Business or Functional Policies and Standards.
Multiple functions (double hats).

Qualification
Substantial experience (in excess of 10 years’ relevant practice) in managing risk, legal, compliance, regulatory and financial crime risks.
Substantial experience in the banking industry.
Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
Understanding of best practice risk management techniques and frameworks.
Deep understanding of the key features of relevant laws and regulations in-country relevant to the Group.
Sound judgement on business practices, regulatory relationship management and reputational risk.
Exemplary integrity, ethics, independence and resilience.
Personal authority with proven ability to establish relationships and provide strong direction at the most senior levels of the Group and with regulators and other external stakeholders.

Role Specific Technical Competencies
Compliance Policies and Standards
Compliance Advisory
Compliance Review and FCC Assurance
Surveillance (including screening & monitoring)
Investigations
Compliance Risk Assessment
Regulatory Liaison
Risk Management and Internal Controls
Manage Change
Manage Conduct
Manage People
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.