Associate Director, GPO Delegate Regulatory Effectiveness

• This is a newly created role for an GPO Delegate within the Risk and Conduct, Financial Crime and Compliance (“CFCC") COO team working with the Global Process Owner for Managing Regulatory Change (“MRC GPO") process and Head of Regulation Identification Unit (“RIU") for Risk and CFCC.
• The GPO Delegate is mandated with the responsibility of the ongoing maintenance of horizon scanning scope and coverage (jurisdictional and regulatory), with a view to reduce duplicative scanning for PCF and non-CFCC Teams. The GPO Delegate is responsible for reviewing and challenging the assessment of regulatory content and assignment of internal owners by the RIU; including liaising with the Regulatory Change Team (“RCT") and Policy Owners. In addition, manage the assessment and categorisation of complex regulatory publications escalated from RIU.
• The RIU’s mandate is to provide centralised horizon scanning for Risk and CFCC regulatory developments and changes, and initial curation of regulatory content to RCT, Policy Owners/Standard Owners and Country CFCC Teams, for an agreed list of key regulatory authorities.
• In accordance with the Risk and CFCC 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 role is expected to champion nWOW (“new Ways of Working") through effective agile advocacy, leadership and delivery.

• Develop, support, and implement the vision, strategy, and direction for PCF and non-CFCC stakeholders, in accordance with strategic plan.
• Develop, clarify, and drive initiatives on process, standard, technology meaningful to PCF Chapter and Line Owners and non-CFCC stakeholders.
• Business
• Build and maintain an effective and constructive relationship with PCF Chapter and Line Owners and non-CFCC stakeholders to enable the business and functions to meet / achieve their strategic / tactical objectives.
• Act as a key contact point for relevant PCF and MRC matters.

• Review and challenge assessment of regulatory content and assignment of internal owners by the RIU lead by liaising with the Regulatory Change Team (“RCT") and Policy Owners.
• Liaise with the RCT and Policy Owners on assessment and implementation of complex regulatory change, namely Basel 3.1 consultation, the final package of banking prudential reforms developed by the Basel Committee on Banking Supervision (“BCBS") in response to the global financial crisis.
• Liaise with the RCT and Policy Owners on assessment of LSRC or regulations having Extra Territorial impacts.
• Be responsible for effectiveness of PCF Attestation process.
• Lead remediation projects to consolidate key obligations register into Regulatory Change Management System (“RCMS")
• Manage Service Level Agreements (“SLAs") between RIU and Central Testing Unit (“CTU") and non-CFCC stakeholders for horizon scanning and testing respectively
• Coordinate periodic review of the list of key regulatory authorities and agree scope with respective non-CFCC stakeholders and country Risk and CFCC teams

MI & Performance Management

• The GPO Delegate shall work with technology team and Policy Owners to design / build comprehensive MI dashboard to ensure better visibility and oversight of how regulatory change is being implemented.
• Producing constructive MI analysis that meets the needs of various stakeholders
• Socialisation of MI and analysis mechanism to ensure alignment with stakeholders’ expectation on MI dashboard and analysis
• On-going check-in with key MI stakeholders to ensure relevance and dynamic evolvement of MI

• Uphold and reinforce the independence of the Risk and CFCC 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 CFCC 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.

• The GPO Delegate must act quickly and decisively when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated to management and through the relevant committees.
• Escalating serious regulatory breaches or where risk appetite has been breached to senior management for regulatory notification as appropriate.
• Ensuring proactive and timely dissemination of regulatory changes/practices and associated risks, and proactive engagement in regulatory reform.

• 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 the Group. This includes understanding and ensuring compliance with, in the letter and the spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve relevant risk matters.
• Lead on relevant CFCC Outreach priorities.
• Key Stakeholders
• Risk and CFCC Regulatory Change Team
• Non-CFCC Risk Owners and Policy Owners
• Risk and CFCC Advisory
• Global Head, Risk Services, Risk and CFCC
• Technology & Innovation
• Country CFCC

• Minimum of 4-5 years of experience within Banking or Financial Services
• Knowledge of regulatory identification and change management requirements
• Regulatory experience and understanding of global regulatory universe across Financial Services
• Understanding of agile ways of working and delivering transformation
• Strong data management, analytical and MI design and production skills
• Strong interpersonal, relationship building, and influencing 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

• CFCC Management- Business Acumen
• CFCC Management- Business Ethics
• CFCC Management- Cross-functional Collaboration
• CFCC Management- Organisational Governance
• CFCC Management- Manage Change
• CFCC Management- CFCC Policies and Standards
• CFCC Management- CFCC Risk Type Advisory
• CFCC Management- Risk Assessment
• CFCC Management- Effective Communication
• CFCC Management- Regulatory Environment - Financial Services 

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