Director, Compliance, Security Services
- Providing compliance coverage and advice to the Security Services business.
- Assists in the identification of material regulatory and reputational risks in the business.
- Assists the global head of Security Services compliance to anticipate and assess key regulatory and product risk trends in the business for management consideration and drive the development and implementation of appropriate risk mitigation measures.
- Review and provide compliance inputs on processes designed by the Business to ensure compliance with regulatory requirements and the Bank's policies.
- Undertakes continual assessment of regulatory risks associated with new/ existing products and markets.
- Assists in approving new products and new business initiative.
- Assists in the review and approval of new deals / transactions.
- Assists Country Compliance teams with product line expertise as required, particularly with regard to regulatory inquiries or investigations.
- Assists in management and implementation of the product compliance coverage framework and in the preparation and distribution of management information in relation to the product compliance coverage.
- Researches changes in regulations and identifies impact on the Security Services business.
- Develops Compliance policies and procedures applicable to the business.
- Assists in the development and enforcement of product standards and controls.
- Ensures appropriate documentation of controls and control decisions.
- Participate in strategic initiatives of the Bank
- Works collaboratively with the business and Operational Risk in enhancing the Operational Risk Framework (ORF).
- Prepares papers/ reports for the Compliance management team.
- Ensures timely escalation of incidents, control breaches to relevant stakeholders - senior management in Compliance, Business management, local country management and other risk stakeholders.
- 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 Securities Services.
- Develop and recommend (for approval by the relevant Risk Committee), appropriate compliance policies and procedures.
- Ensure appropriate product governance measures are in place so that product approval documents reflect all relevant regulatory requirements.
- 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.
- Embed Here for good and Group's brand and values in Securities Services.
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Qualifications and Skills
- Possesses core technical knowledge in laws and regulations applicable to Securities Services.
- Has a core grasp of the sales and transactional activities of the business, its operating model, and its key risks with particular emphasis on the role of a Custodian.
- Understanding of the regulatory risks relevant and associated with the provision of Securities Services.
- Core knowledge in risk identification, risk assessment, controls development, training, monitoring and reporting.
- Core experience, shown by demonstrable achievements in the above areas.
- Ability to engage and partner with senior business and risk function management at a global, regional and country level, both to deliver value added service and to represent the Compliance function.
- Core ability to analyse relevant laws and regulations and co-relate regulatory issues to products and business models.
- Core ability to identify and articulate compliance issues, and to make clear decisions / recommendations in their regard.
- Core ability to ensure that relevant stakeholders receive relevant and timely information on developments in compliance or in the business, with the priority on ensuring "no surprises".
- Ability to lead discussions around complex problems with relevant stakeholders.
- Ability to drive the compliance agenda with senior business leaders.
- Systematic and logical with strong analytical problem solving skills
- Ability to deal with granularity of issues
- Delivery of high quality work, in a limited amount of time
- Keen eye for detail.
- Able to multitask, prioritize, and meet deadlines.
- Strong collaboration skills, especially with business and technology partners.
- Ability to handle sensitive material responsibly and is trustworthy with sensitive information.
- General understanding of the market conduct environment, but demonstrating a strong interest and appreciation in this area.
How To Apply
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Diversity and Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.