Director, CCIB Regulatory Change(Singapore, Poland)

JOB SUMMARY

• This role could be based in Singapore and Poland. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country where the role is based.
• The CIB Strategic Regulatory Initiatives Team sits within the COO office for the Corporate & Investment Banking (CIB) business.
• The team provides CIB with capabilities to drive regulatory and risk programmes and initiatives across CIB businesses, working in an agile operating model with each segment and product area.  Due to the nature of these programmes and initiatives, the team support not only the CIB Business but more broadly collaborate and engage across other divisions in the Bank to ensure delivery of pan-bank regulatory and risk initiatives, especially where the majority of work or accountability sits within CIB.
• Such regulatory and risk programmes and initiatives may include for example:
• Complex/Large-scale Regulatory Change (LSRC); 
• Material Policy changes; 
• Internally-driven programs supporting the management of regulatory interactions and change (for example, how we engage our regulators and track resulting regulatory actions and commitments);
• Topical strategic risks; 
• Strategic change within CIB Conduct & Control, Resilience and Fraud
• The team enables the business to proactively impact assess new programmes and initiatives, coordinate the approach and interpretation across businesses; support the delivery and partner with the business teams to implement requirements in a consistent and coordinated manner. 
• The role holder will have programme manager responsibility for the delivery of key regulatory and risk programmes, ensuring that the Bank will be compliant with applicable regulations, industry and risk requirements. The role holder should have familiarity and experience with managing regulatory and risk programmes and projects, and have an ability to drive effective solutions. 
• The role presents an exciting opportunity to work across a diverse range of risk areas, and all aspects of the CIB business, including collaboration across First Line of Defence (“1LOD) and Second Line of Defence (“2LOD”) teams. 
• The role will primarily direct the delivery of CIB and/or pan-bank large-scale regulatory change (LSRC) programmes with responsibility for establishing and coordinating underlying workstreams, along with change management insights/capability.  
   

The role may take responsibility for active and inflight programmes, including (but not limited to) the following: 

• EU CSRD (Corporate Sustainability Reporting Directive) – supporting the Bank in adhering to granular sustainability reporting to be disclosed in annual reports, helping to improve the quality and extend the scope of sustainability reporting in the EU
• EU CSDDD (Corporate Sustainability Due Diligence Directive) – supporting Bank adherence to mandatory due diligence requirements, specifically on how businesses impact human rights and the environment, with the main goal being to encourage more sustainable and responsible behaviour across all business operations.
• CFTC/FCA Operational Resilience Framework – supporting proposed rulemaking to require FCMs, Swap dealers, and Major swap participants to establish Operational Resilience Framework, along with guidance on design of third-party relationship programs

RESPONSIBILITIES

Business and Process

• Co-ordinate and lead CIB and/or pan-Bank programmes, inclusive of creating a compelling vision, and aligning with strategic objectives
• Lead programme delivery, including planning, analysis, solutioning, and coordination of inputs from stakeholders 
• Create and deliver programme governance structures that will support programme implementation, including as needed through structuring and oversight of workstreams and/or underlying projects. 
• Manage workstream deliveries across various stakeholder groups, drive the regulatory team or risk agenda 
• Maintain ongoing governance forums to support the programme activities, including the preparation of reporting, presentations and chairing of meetings
• Represent and partner with the 1LOD to support programme implementation – collaborate with CIB business and change teams to achieve common interpretation, understand business-specific impacts and identify any conflicts or concerns
• Work closely with 2LOD stakeholders across Principal Risk Types providing regulatory interpretation and impact assessments as needed 

• Manage programme implementation and delivery risks, issues and dependencies, ensuring mitigation planning and appropriate escalation when needed
• Work with technical delivery teams to support requirement interpretation and implementation where required 
• Work with technology and architecture teams to ensure programme goals and deliveries are aligned with wider Bank technology strategy 
• ​​​​​​​Manage resource requirements and ensure resource allocation to programme activities
• Collaborate with cross-functional teams to analyze and optimize associated business processes as required, driving improvements in efficiency and effectiveness where applicable
• Drive change management activities to ensure regulatory changes are embedded into day-to-day operations 
• Manage and issue communication strategy and plans (across group and country, depending on the impact)
• Plan and engage with cross-bank teams on the deployment of necessary training.  For instance, deliver “train the trainer” awareness on CIB-wide requirements
• Provide post-go-live support to businesses in resolving any implementation issues and/or challenges
• Complete lessons-learned and apply in subsequent programmes
• Engage and work with PMO to support central programme activities such as programme financials management and reporting into forums (e.g Regulatory Refinement Forum)

Governance

• Adherence to the Bank’s Programme Management good practice and governance, ensuring compliance to Group policies, standards, and local regulatory requirements
• Comply with Programme Management Standards and the SDF Control Framework (including Agile).
• Adherence to change management standards and procedures and establish frameworks to ensure that business specific initiatives adopt the same standards.

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

Key Stakeholders

• Relationship management and collaboration across First Line of Defence (“1LOD”) and Second Line of Defence (“2LOD”) teams. 
• CIB COO Central Teams
• CIB Business teams
• CFCC, CIB Advisory
• CIB Operational Risk
• Members of the CIB Regulatory Refinement Forum and other relevant governance forums
• Relevant technology and architecture teams supporting regulatory and/or risk change initiatives
• Other pan-bank teams

Our Ideal Candidate

• 10+ years of hands-on experience in project / program management and stakeholder management in financial services
• Experience successfully managing regulatory and risk programs and projects, in Financial Services
• Ability to take initiative, identify opportunities and work with minimal management oversight to drive the best outcome possible
• Hands-on individual contributor with an eye for detail and proactive, self-managed work style
• Excellent written, communication and presentation skills; able to effectively engage, influence and manage senior business stakeholders
• Experience working in a collaborative manner with global teams
• Hands-on experience working in an Agile environment
• Hands-on experience working on ADO or equivalent 
• Should have knowledge of CIB business segments and product areas. Knowledge / experience with regulatory change/implementation an advantage
• Strong communication and interpersonal skills
• Strong problem solving and analytical skills
• Multicultural awareness
• PMP certification or equivalent would be preferred
• Risk management certification like CRMP or equivalent will be preferred
• Agile certification
• Awareness of IT best practices/IT service delivery frameworks like ITIL preferred

Role Specific Technical Competencies

• Managing Change
• Programme Management
• Project Management
• Business Analysis
• Effective Communications
• Analytical Thinking
• Regulatory & Compliance
• Risk Management

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

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