Job Summary

This is a newly created role for 2025 within the Risk and Compliance, Financial Crime & Conduct Risk (“CFCR”) COO team as the Associate Director, Regulatory Identification Unit (“RIU”) working with the Director, Regulatory Identification Unit. The RIU’s mandate is to provide centralised horizon scanning for Risk and CFCR regulatory developments and changes, and initial curation of regulatory content to RCT, Policy Owners/Standard Owners and Country Teams, for an agreed list of key regulatory authorities. They also work closely with the GPO delegates on the ongoing refinement of the horizon scanning process and system.

The Associate Director, RIU is mandated with the responsibility of leading the RIU Group/cluster team, managing operational performance and identification of issues requiring resolution. The Associate Director, RIU is also responsible for coordination of RIU operations across all clusters of countries within the RIU scope.

In accordance with the Risk and CFCR regulatory change target-state and remediation, the responsibilities of this role contribute to the implementation of the strategy to define the process and operating model across relevant frameworks and RIU improvement initiatives to develop effective solutions and maximise operational effectiveness.

This is a new role being created and the role and responsibilities may evolve as and when the tools/process mature. This role is expected to adopt agile approach of managing the BAU.

Key Responsibilities

• Collaborate with and support the Director, RIU in managing the delivery of the BAU Process and Controls of the RIU.
• Ensure that RIU goals and strategic tasks are communicated and cascaded to team members in their area of responsibility.
• Oversee the RIU Group/cluster team, management of operational performance and identification of issues requiring resolution / escalation.
• Identify external regulatory change and changes to the Bank’s business model on a timely basis to ensure the right stakeholders are able to act on the changes.
• Act as a key contact point for relevant RIU matters.
• Lead a team (RIU Group/cluster team) to perform horizon scanning and initial curation of regulatory content published by key regulatory authorities.
• Identifying all laws, rules and regulations to which SCB is subject, across its key risk types.
• Assess the impact of those laws, rules and regulation on SCB vis-à-vis the licences it holds and regulated activities it performs.
• Disseminate necessary assessment and impact information by assigning and recording ownership of regulatory publications using an agreed allocation matrix.
• Coordinating RIU operations across all clusters in the RIU scope and delivery of BAU in driving operating efficiency and effectiveness.
• Escalating significant risks and issues to the Director, RIU.
• Uphold and reinforce the independence of the Risk and CFCR function from those whose primary responsibility is to maximise short term revenues and profits.
• Promote and embed a culture of openness, trust, and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Promote the culture and practice of Risk and CFCR standards (including conducting business within regulatory requirements, and to high ethical standards) within the Bank and embed a Here for good culture and the Group Code of Conduct.
• Responsible for building a culture of good conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the Group. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Qualifications

•    Minimum of 3 - 4 years of experience within Banking or Financial Services
•    Knowledge of regulatory identification and their risk types
•    Regulatory experience and understanding of global regulatory universe across Financial Services
•    Understanding of agile ways of working 
•    Strong data management, analytical and MI design and operational skills
•    Strong interpersonal abilities
•    Ability to collaborate and work dynamically across a broad range of stakeholders
•    Ability to manage geographically dispersed stakeholder base with multi-cultural awareness and sensitivity
•    Highly disciplined and structured with an outcome orientated mindset and approach
•    Exemplary integrity, ethics, independent and resilience

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.