Tập Đoàn Kim Đức 3.5 ★

Job Summary

The roles serve primarily as a regulatory compliance risk specialist in CFCC Governance team with key responsibility for support in monitoring of regulatory regulation development then cascading to relevant stakeholders for implementation to ensure the compliance with local regulations and the effectiveness of the 2LOD/1LOD’s existing controls to mitigate the regulatory compliance risk following managing regulatory change standard and supporting in other CFCC governance tasks, but not limited to oversight and monitoring, logistic arrangement, administrative tasks, liaise with regulator and external stakehoders. Other responsibilities are to be assigned from Chief Compliance Officer and Head CFCC Governance from time to time.

Strategy

• Support in proactively developing regulatory relationships with regulators in Country through a structured engagement programme with consistent adherence to regulatory expectations.
• 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.
• Support in identifying areas of high regulatory compliance risk and any mandatory reviews per regulatory requirements to ensure SCBVL’s compliance with local regulations.
  
  

Business

• Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in country), in coordination with group communications.
• In conjunction with the relevant stakeholders, analyse the impact of regulatory compliance matters on the bank and its operations.
• Take part in Anticipating, assessing and communicating key regulatory risk trends in Country for management consideration and driving the development and implementation of appropriate mitigation control measures
• Use general knowledge of business products undertaken in the jurisdiction to work with business compliance specialists to respond to regulatory questions and keeps the in-Country regulators updated on developments in the Bank’s business
  
  

Key Responsibilities

Processes*

• Support CFCC Governance team in governance and oversight over the implementation of CFCC related policies and procedures in Country to ensure compliance with such policies and procedures.
• Provide advice to relevant business & functions stakeholders on compliance with Group standards & regulatory matters relating to CFCC.
• Proactively monitor regulatory developments to manage the regulatory impact of complex regulatory matters on the Bank's business and its operations
• Provide guidance on the proper application and interpretation of banking laws, regulations and policies applicable in Country.
• Assist in setting control standards and provide advice on the development of appropriate controls for the mitigation of regulatory risks.
• Assist in overseeing relevant administration and licensing and required by the in-Country regulatory requirements.
• In the event of serious regulatory breaches, or where risk tolerances have been breached, assist in critical workstreams in order to ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
• Track significant issues arising from Compliance & Conduct metrics, Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
• Prepare and cascade lessons learned from audit findings, assurance activities and specific investigations.
• Support all control checks undertaken by Compliance & Conduct under the Operational Risk Framework (ORF).
• Implement quality assurance standards and workflows for the CFCC processes.
• Co-ordinate/support the management of audits/exams (including both internal and external exams). This includes end to end support (e.g. Fieldwork, Data Request, Action Tracking, Issue Closure) and tracking and follow up on Compliance and FCC Issues
• Follow the spirit of the core principles for travel and expenses.
  
  

People & Talent*

• Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm
• Take responsibility for own personal development and complete all mandatory training as required in line with the Banks principles and guidelines.
• Lead through example and build the appropriate culture and values
  
  

Skills And Experience

Risk Management

• Apply Group and CFCC policies and processes to manage risks.
• Maintain oversight of regulatory regulation gap risk mitigating action plans.
• Provide advice on the application of risk management frameworks (e.g. ORF, GRA).
• Apply Group and Compliance, Conduct policies and processes to manage risks.
• Conduct country risk assessment.
• Monitor metrics and/or key risk indicators (KRI) for Compliance & Conduct.
• Support/Coordinate key change programmes and projects for Country Compliance & Conduct
• Maintain workplans specific to Country Compliance projects/ initiatives, and communicate the same to stakeholders in a regular, timely fashion to inform and seek inputs.
• Drive and stimulate an environment where forward planning, prioritisation and deadline management lead to efficient work practices and streamlined functional activities and processes.
• Manage and protect business as usual (BAU) capability during change programme, as well as during the execution and delivery of the Remediation initiatives through project phase into BAU
  
  

Governance

• Proactively drive the development and maintenance of good relationships with internal and external business stakeholders at appropriate levels ensuring an open and cooperative environment
• Ensure that work delivered in their area of responsibility follows prescribed workflows and meets quality standards with the required attention to detail and within the timelines set.
• Periodic reporting and timely escalation of significant risks and issues arising from Compliance & Conduct Monitoring and Assurance activities.
• Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• Collate, analyse and interpret data in reports (including preparing report when required) to senior management and relevant governance/risk committees.
• Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the CFCC function. This should include a Regional CFCC dashboard to consolidate all Compliance and FCC related metrics, root causes for breaches and actions plans to bring these back into compliance.
• Participate in significant programmes of work in support of the Compliance & Conduct initiatives and projects.
  
  

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.
• Support relevant stakeholders to respond to regulatory questions
  
  

Qualifications

• Bachelors degree or Equivalent required
• Strong interpersonal skills with ability to work collaboratively and people at all level of the organization
• Strong project management and organization skills and capability to handle multiple project at one time.
• Proficiency with Microsoft Office Applications (Excel, Word, PowerPoint…)
• Multi-cultural awareness and sensitivity
• Strong team player
• Excellent verbal and written communication skills – ability to present complex information clearly and concisely
• Highly organised individual, with ability to multi-task.
• Driven to ensure that activities are completed to a high standard and to schedule.
• Proactive and creative approach to work, self-motivated and pragmatic.
• Takes responsibility, ownership and accountability for own tasks and work output.
• Willing to take challenge to get out of comfort zone
• Experience in handling regulatory regulation from interpreting regulatory rules applicable with Conduct and compliance lens though the oversight of implementation of regulatory obligations is an advantage
• Good knowledge of Compliance, laws, rules, regulatory requirements, including recent regulatory reform is an advantage
• Good knowledge of banking and investment products across client segments is an advantage
  
  

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.