Job ref no.: 2200022412
Standard Chartered Bank

Associate Director

Standard Chartered Bank

Role Responsibilities

Help the Group meet its commitment of being “Here for Good" by building a sustainable compliance framework that places regulatory and compliance best practice standards, and a culture of appropriate conduct at the forefront of the Group’s agenda.

As an independent second line risk control function, execute the relevant aspects of the Compliance framework through robust independent risk control and the provision of specialist advice and constructive challenge in a manner proportionate to the nature, scale and complexity of the Group’s business.

  • Proactively support and challenge the Group’s businesses and functions to exhibit appropriate conduct, comply with regulatory and compliance requirements and strive to achieve fair outcomes for the Group’s clients.
  • Support the management of the regulatory relationships with each of the regulators, whose rules the Group is subject to.
  • Maintain independence, deliver timely responses, and timely escalation of risks and issues where they feel risk management tolerance of the firm are exceeded.

Strategy

  • Support and implement the vision, strategy, and direction for Global Functions Compliance In accordance with strategic plan.
  • Promote the culture and practice of compliance with compliance 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.

Functions - Global Functions Compliance supporting Risk and CFCC

  • Build and maintain an effective and constructive relationship with key functional and Compliance stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality regulatory compliance advice and guidance to enable the business and functions to meet / achieve their strategic / tactical objectives.
  • Where applicable support the Functions on Change Management including co-ordinating compliance approvals and support on regulatory notifications.
  • Provide robust challenge to relevant function stakeholders where activities are outside risk tolerance/ appetite, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to address any remedial action needed to come back within risk tolerance / appetite.
  • Work closely with the functions to provide timely regulatory compliance advice to ensure compliance with all relevant laws and regulations and support the transition to pro-active and pre-emptive compliance and conduct risk mitigation.

Processes

  • Maintain effective processes (including training, advice and support) to ensure that policies, procedures and standards to address compliance risks (excluding financial crime) are effectively implemented and adhered to across Group Functions.
  • Provide support and challenge to the Bank’s senior management to ensure that they establish and monitor appropriate processes for compliance with compliance policies, procedures and standards (including meeting regulatory obligations and maintaining high standards of conduct).

Risk Management

  • Act as Risk Owner under the Group’s Risk Management Framework for Global Function processes where Compliance is the second line Risk Owner.
  • Ensure effective management of compliance matters, and in collaboration with the rest of the Compliance team, effectively manage regulatory issues that have a significant impact on the Bank.
  • Support the provision of information and reports to relevant Functional risk and control committees and management group on key compliance risks and issues.
  • Maintain adequate management MI / trackers across all aspects of their coverage and responsibility to ensure all issues and matters are tracked, followed, regularly assessed and reported on.

Governance

  • Within the Group's overall Risk Management Framework, establish and maintain appropriate risk based compliance frameworks for identifying, assessing, managing, monitoring, mitigating and reporting compliance risks across Group Functions.

Regulatory and 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.

Key Stakeholders

  • Colleagues in Global Functions Compliance
  • Risk and CFCC COO partners
  • All CFCC teams
  • Operational Risk
  • Internal Audit

Our Ideal Candidate

  • Degree or equivalent.
  • 5 + Years of experience in Compliance and/ or risk management
  • Understanding of UK and European regulation and the PRA/FCA regulatory framework.
  • Understanding of the Group’s organisational structure and internal policy framework
  • Excellent and proven oral and written communication skills and preparation of committee papers
  • Networker. Comfortable dealing with businesses across different countries and cultures.
  • Excellent organisation skills, with ability to multi-task.
  • Enjoys working in a fast paced, sometimes demanding environment.
  • Pays attention to detail.
  • Proactive and creative approach to work, self-motivated.

Role Specific Technical Competencies

  • Compliance Policies and Standards
  • Compliance Advisory
  • Compliance Risk Assessment
  • Regulatory Liaison
  • Manage Change
  • Manage Projects

Apply Now to join the Bank for those with big career ambitions. 

More job information
Job ref no. 2200022412
Salary
Job Function
Industry
Employment Term
  • Permanent
  • Full-time
Experience
  • 5 years - 10 years
Career Level
  • Middle management level
Education
  • Degree