Executive Director, Group Regulatory Affairs

The Role Responsibilities

Strategy

Standard Chartered is a leading international banking group, with a presence in some of the world’s most dynamic markets . Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values expressed in our brand promise, Here for good.

• The role of Group Public & Regulatory Affairs (GPRA) is to collaborate with internal and external stakeholders, driving the alignment of the Bank’s strategy and global public policy, regulatory and supervisory objectives. The remit of the group covers policy, regulatory and supervisory issues emanating in key markets and developing engagement strategies that positions the bank in a constructive manner.
• GPRA is organised internally into four teams: 1) Policy Analysis; 2) Regulatory Affairs; 3) Regulatory Liaison; and 4) Government Affairs.

The role holder Is one of the senior leaders of in the Regulatory Affairs team and will be responsible for:

• Analytical leadership: for GPRA on regulatory affairs and regulatory policy development. The issues will not be static, and will change and evolve with the regulatory and financial landscape.
• Partnership with business: to craft messages and develop content that helps deepen the understand within the regulatory community and within the Bank environment of the drivers behind key regulatory policy.
• Engagement plan: collaborate with Business and the rest of GPRA to design and deploy against an engagement plan that helps connect the Bank with the regulatory community to position the Bank as a constructive participant in the development of regulation.
• Senior leadership: implement the team’s vision, strategy, direction and leadership to reflect exemplary regulatory relations on technology underpinned by analysis and intelligence for senior management on forward looking risks and issues. Help develop junior members of the broader GPRA group.
• Build our of GPRA: Help build out and continue to improve the existing operating model whilst working with the GPRA team to support establishing new systems, processes and governance procedures.

Business

The Regulatory Affairs team focuses on emerging regulatory policy changes that will materially impact SCB, including for example, climate risk and technology related regulatory changes. The team will also identify, design and execute an engagement strategy with key stakeholders on regulatory policy changes, bringing together internal expertise to better position the Bank as a constructive participant. The role holder will:

• Provide robust challenge to all relevant stakeholders where and escalate as necessary, until appropriate oversight and ownership is achieved including identifying action owners to initiate plans or a strategy which address any action needed.
• Build and maintain an effective and constructive relationship with all key Compliance, business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality support to enable the Bank to achieve its strategic objectives.
• Support team brand and change execution including communication, education and change awareness through team products, including contribution towards the production and delivery of regulatory briefings, monthly updates on key regulatory development affairs forums.
• Partner and collaborate with leaders to champion change, overcome barriers and maintain momentum for Regulatory Affairs priorities.

Processes

The role holder is one of the senior leaders of Group Public & Regulatory Affairs (GPRA). The Role holder will help lead the Regulatory Affairs team to efficiently and effectively deliver the following for the Bank:

• Identify emerging regulations that would materially impact the Bank’s business strategy;
• Developing thematic research and briefing notes for senior stakeholders, building a track record of trusted advice
• Work with internal stakeholders to shape the Bank’s policy analysis and internal and external positions;
• Design and implement an external engagement strategy with the key regulatory policy makers, leveraging internal stakeholders and drawing on the wider ‘bench’ of SCB experts.
• Prepare executive management for engagement on regulatory initiatives;
• Assist with messaging on regulatory policy issues in collaboration with internal experts and business heads.
• Live the commitments of our Here for good brand promise, acting as a role-model for others.
• The ideal candidate will have a strong track record of managing regulatory activities in key geographies and regions. They should be fluent on regulatory issues facing a global bank and how financial services intersects with banking activities and policy.

The role holder will:

• Be an effective subject matter expert, who is able to think outside the box and collaborate across GPRA and the broader Bank and deliver on a common purpose.
• Possess strong project management, communication and analytical capabilities.
• Have a successful track record of operating in a partnership style and in a complex, global and matrix organisation.
• Partner closely with GPRA and the business teams to support regulatory engagement and enable effective identification of emerging regulatory policy trends that would highly impact the Bank’s business strategy.
• Collaborate with business heads to prepare the Bank’s internal and external positions vis-à-vis emerging regulatory policy issues.
• Align and partner with GPRA teams to prepare speeches, briefings and other written materials including timely and succinct regulatory policy analysis and insights.
• Work across GPRA teams to develop simple, effective new processes where needed, example working with the Policy Analysis team to refine outputs and products which will go to key constituencies.
• Facilitate adequate management MI / trackers across all aspects of Regulatory Affairs coverage and responsibility to ensure activity is tracked, followed, regularly assessed and reported on.

Risk Management

• Ensure proactive and timely identification, dissemination and advice of evolving regulatory changes/practices and associated risks, with proactive engagement across GPRA including Government Affairs team.
• Collaborate with the other GPRA teams and the CFCC Management Team to anticipate horizon risks that may have a significant impact on the Bank.

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.

People and Talent

• Work in collaboration with CFCC as one function and with its partners.
• Depending on the development of the broader GPRA group, role holder may be a people leader. If so, the role holder will employ, engage and retain high quality people.
• Discuss and agree achievement objectives for direct reports and provide continuous feedback and rewards in line with their performance against those responsibilities and objectives.
• Regularly and on a continuous basis appraise performance.
• Proactively manage underperformance as and when needed.
• Ensure regular and documented management meetings with direct reports.
• 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 and documented in Growth Plans and Learning records.
• Ensure that team operating model meets Organisation design principles of the Group and are adequately resourced within capacity model.
• 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.

Our Ideal Candidate

• This candidate will require strong experience and a strong track record in designing and operationalising innovative, strategic and systematic engagement activities which are measurable and aligned with the vision of GPRA.
• Essential education: University degree, preferably in Legal, Journalism, Public Relations, Political Science, International Relations.
• A successful track record of designing and implementing effective communications and regulatory affairs plans, which align with business strategy using a range of tools and channels.
• Demonstrate ability to influence and collaborate with internal stakeholders across multiple disciplines, cultures and geographies, across an organizational footprint and levels within the Bank and with external stakeholders.
• Ability to work under pressure, successfully planning and delivering multiple projects concurrently in a dynamic environment.
• Proven strategic planning and stakeholder engagement experience. Excellent written and verbal communication skills and the ability to present information in a clear and compelling manner to a variety of audiences and cultures.
• Ability to recognize and leverage opportunities to increase corporate reputation. Strong judgement, excellent problem solving, organization and diplomacy skills.
• A trusted team player with a "can-do" attitude, able to adapt quickly to changing circumstances.
• They should be able to create and execute effective employee communications and engagement to motivate employees and strengthen their understanding of the bank's strategy, goals and values.

Role Specific Competencies

• Regulatory Environment - Financial Services
• Cross-functional Collaboration
• Effective Communications
• Managing Change
• Process Improvement
• Industry Knowledge
• Planning -Tactical, Strategic 

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