Role Responsibilities
This role is at the heart of the purpose of the organisation and is a unique opportunity to manage and lead the Conduct, Financial Crime Compliance (CFCC) Advisory global team for Trade which is part of our Transaction Banking (TB) business in our Corporate, Commercial and Institutional Banking (CCIB). It is a critical role in the Function helping the business effectively manage risk as they provide products and services that power the real economy.
Key Responsibilities:
The role holder will be one of the senior risk management leaders of the CFCC Advisory TB team and will be responsible for the oversight of sub-risk types across Compliance, Financial Crime Compliance (AML, Sanctions, Anti-Bribery and Corruption and Fraud) and Conduct Risk.
· Support and implement the vision, strategy, direction and leadership for Trade CFCC, in support of the Bank’s strategic direction and growth aspirations.
· To drive high standards of regulatory compliance and deliver key priorities and initiatives.
· Proactively support and effectively challenge the delivery of the TB business strategy within the bank’s risk appetite and in compliance with the relevant risk type frameworks.
· Support and challenge the Business in management of non-financial risks, adhering to non-financial risk frameworks and embedding good risk culture and knowledge across the Trade business.
· Ensure proactive and timely identification, assessment, advice and dissemination of evolving regulatory changes/practices and associated risks, and proactive engagement in regulatory reform for Trade.
· Providing governance and oversight over the implementation of CFCC related policies and procedures relevant to Trade.
· Develop and maintain effective policies/processes/DOIs to address CFCC risks across Trade, aligning with relevant regulatory requirements.
· Develop/support Trade AML, Sanctions and Fraud risk training programmes to meet the training needs of Trade.
· Ensure effective management of all CFCC matters and, in collaboration with the rest of the team, effectively manage the oversight and challenge of regulatory issues that have impact on the Bank.
· Collaborate with the other compliance colleagues to anticipate horizon risks that may have a significant impact on Trade and develop effective strategies to mitigate such horizon risks including global standards for conduct of business.
· In the event of serious regulatory breaches, or where risk tolerances have been breached, support the escalation to senior management in the Bank and relevant regulators.
· Support delivery of Risk Assessments, including the Compliance Risk Assessment, Product Risk Assessment and Global AML, ABC and Sanctions Risk Assessments.
People & Talent
· Effectively influence globally beyond immediate area of control.
· Develop talent in the immediate team and grow knowledge in Trade risk management across the Function.
· Effective supervision and take personal responsibility for embedding the highest standards
· Demonstrate the appropriate culture and values consistent and set appropriate tone and expectations in collaboration with risk and control partners.
Key Stakeholders
· Role holder will work with a diverse group of stakeholders across Functions, Businesses and multiple markets. They will also represent the organisation in industry wide regulatory bodies shaping regulatory frameworks and bringing insights on industry developments.
· Build and maintain an effective and constructive relationship with key business and functional 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.
Our Ideal Candidate
· 15+ years of experience in a regulated financial institution
· Extensive working knowledge and expertise in Trade products, processes and / or operations.
· Professional certification associated with Audit, Risk, Financial Crime, Compliance or Fraud will be preferred but not essential.
· An active participant in industrywide bodies focused on Trade
· Sound judgement on business practices, regulatory relationship management and reputational risk.
· Proven ability to establish relationships with and exert influence on senior management and with regulators and other external stakeholders
· Strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
· Ability to collaborate and work dynamically across country, region, business and group stakeholders.
· Be able to operate independently, and demonstrate robustness in ethics and resilience
· Strong problem solving, decision making and agile mindset.
Role Specific Technical Competencies
· Knowledge of Trade and Trade Finance Products
· Fraud, AML and Sanctions Risk Management
· Compliance and Conduct Risk Management
· Operational Governance and Controls
· Data analysis on risk typologies and use of emerging technologies
· Cross Functional Collaboration
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
· Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks 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.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
