Executive Director, CFCR Advisory, Platforms & Partnerships

JOB SUMMARY
•    Materially contribute towards the implementation of the vision, strategy, and direction for Corporate Investment Banking (CIB), Platforms and Partnerships Compliance, Financial Crime & Conduct Risk (CFCR) Advisory team, as set by the Head, CFCR Advisory, Platforms and Partnerships, specifically in the delivery of the CIB’s Client Lifecyle Management Transformation (CLM-T) Programme, in support of the function and the Bank’s strategic direction and growth aspirations.
•    Proactively support and effectively challenge the delivery of the programme 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 programme.
•    Ensure proactive and timely identification, assessment, advice and dissemination of evolving regulatory changes/practices and associated risks, and proactive engagement in regulatory reform related to the scope of the programme.
•    Ensure effective management of all CFCR matters and, in collaboration with the rest of the team, effectively manage the oversight and challenge of regulatory issues that have an impact on the Bank.
•    Collaborate with the other compliance colleagues to anticipate horizon risks that may have a significant impact on the programme and develop effective strategies to mitigate such horizon risks.
•    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

RESPONSIBILITIES

Strategy 

•    Awareness and understanding of the Group’s business strategy and model appropriate to the role.
•    Develop a comprehensive understanding of the CIB Platforms and Partnerships Strategy and CIB Client Portfolio to provide relevant CFCR advisory, oversight, and challenge to manage CFCR risks across the CLM-T Programme.
•    Given the cross-cutting nature of the programme, clearly understand the intersection of the programme with impacted CIB businesses and impact on their respective strategic priorities. 

Business
•    Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability, and integrity. Provide and succinctly communicate timely and quality CFCR advice, analysis, and challenge (as appropriate) to enable the business and functions to achieve their objectives.
•    Provide robust challenge to senior management and all relevant business stakeholders where activities are outside risk tolerance/ appetite, escalating as necessary, until appropriate oversight and ownership is achieved. This may include overseeing any remedial actions needed to come back within risk tolerance/ appetite.
•    Support the maintenance and refresh of relevant CFCR frameworks applicable to the CLM-T Programme. This includes supporting the maintenance of global CFCR Standards and processes.
•    Support the Business in understanding the impact of changes in regulatory requirements.
•    Embrace the SPOC model. This includes (but is not limited to): taking ownership of incoming queries by not handing them off, taking a leading role in actively becoming the go-to person for the business/function and ensuring advice provided is consistent and represents the CFCR position and risk tolerances.

Processes
•    Drive the governance and oversight over the embedding of CFCR related policies and standard requirements within the CLM-T Programme.
•    Support efforts to establish and maintain effective processes to ensure that policies and standards to address CFCR risk are effectively embedded within the CLM-T Programme. Provide second line oversight and challenge to ensure continued effectiveness and sustainability.
•    Provide support and challenge to the relevant Business stakeholders e.g. COO teams to ensure that they establish and monitor appropriate processes for compliance with CFCR policies and standards (including meeting regulatory obligations and maintaining high standards of conduct).

People & Talent 
Role model the Standard Chartered valued behaviours and proactively contribute to maintain a strong culture within the team. Provide constructive developmental feedback at a business, function, country, and individual level as appropriate, in relation to CFCR matters. 
·    Effectively influence globally beyond immediate area of control.
·    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.

Risk Management
•    Support efforts to anticipate horizon risks that may have a significant impact on the Bank and the CLM-T programme, develop strategies to mitigate such horizon risks and ensure adoption into the CLM-T Programme.
•    In the event of serious regulatory (or risk tolerance) breaches ensure appropriate and timely escalation within the Group and that actions are taken quickly to remediate and/or activities are ceased. Ensure proactive and timely identification, assessment, advice and dissemination of evolving regulatory changes/practices and associated risks impacting the effective delivery of the CLM-T Programme. 
•    Support the proactive and timely engagement with the Lead Regulators and Country Regulators as required through the lifecycle of the Programme. 
•    Implement or contribute to the management of MI to ensure all issues and matters relating to the CLM-T Programme are tracked, regularly assessed, and reported on. Including oversight of any risk acceptances, dispensations, mitigating action plans, identification and management of high-risk clients, or specific country reviews.
•    Play an integral role in the effective management of CFCR Advisory matters, and in collaboration with the wider CFCR team, effectively manage regulatory issues that have a significant impact on the Group.
•    Provide robust challenge to and maintain oversight of risk acceptance and/or mitigating action plans relating to the CLM-T Programme where CFCR is the Risk Framework Owner.
•    Take a leading role in the proposal of control improvements, enhancements and simplifications relating to the CLM-T Programme that manage CFCR risk.

•    Collaborate with relevant business and CFCR stakeholders to work towards holistic risk management across CIB client segments and products.
•    Assist the Head, CFCR Advisory, Platforms and Partnerships to provide reports to relevant Group and Business risk and control committees and management group on key CFCR risks and issues pertaining to CIB Coverage.
•    Review and provide input into the Change Risk Assessments.
•    Actively participate in Design Authority meetings, provide input and assess the impact from a CFCR perspective. 

Governance 
•    Drive the identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
•    Support the management of end-to-end life cycle of audit, assurance, and regulatory reviews, in relation to the CLM-T Programme, including tracking, remediation, and preparing lessons learned from such reviews.
•    Develop control effectiveness and efficiency improvements and simplifications where appropriate.
•    Within the Group’s overall ERMF, develop appropriate risk-based compliance frameworks for identifying, assessing, managing, monitoring, mitigating, and reporting compliance and financial crime risks across the lifecycle of the CLM-T Programme.

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 and CFCR matters.
•    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Contributing to drive the CIB Coverage CFCR Advisory teams to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; and The Right Environment.

Key Stakeholders
·    Role holder will work with a diverse group of stakeholders across Functions, Businesses and multiple markets. They will be required to demonstrate effective oversight and challenge, strategic thinking and influence.  They may 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.

•    CIB CFCR (Group, Cluster and Country)
•    CIB Legal 
•    CIB Platforms and Partnerships 
•    CIB Coverage COO teams
•    CIB Markets COO teams 
•    Group Operational Risk
•    Group Internal Audit

Other Responsibilities

•    Embed Here for good and Group’s brand and values 
•    Perform other responsibilities assigned under Group, Country, Business or Functional policies and standards.

Our Ideal Candidate

• 10+ years of experience in a regulated financial institution
• Bachelor’s degree in a related field (i.e. accountancy or business managment) 
• Extensive working knowledge and expertise in relation to the client lifecycle with a sound understanding of CIB products, processes and / or operations
• CDD/KYC experience an advantage and a sound knowledge of Data Conduct risks.
• Professional certification associated with Audit, Risk, Financial Crime, Compliance or Fraud will be preferred but not essential.
• 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

• Business Acumen
• Cross-functional Collaboration
• Effective Communications
• Managing Change
• Organisational Governance
• Regulatory Environment – Financial Services

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.

Recruitment Assessments

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Visit our careers website www.sc.com/careers