Head, CFCC Advisory, Treasury Market & IBOR

About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities & Our Ideal Candidate

Strategy

• Support and implement the vision, strategy, direction and leadership for TM CFCC, consistent with Global Head, CFCC Advisory, FM & TM vision and strategy for the Compliance function and in support of the Bank's strategic direction and growth aspirations.
• Promote the culture and practice of compliance with Compliance and FCC 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.
• Establish close links with colleagues leading other Client segments and/or Product Groups to achieve common platforms and work plans, implementing a One Bank approach to covering all Clients.
• Input to Group/Region/Country/Client Business operating model design of relevant Compliance, FCC and business processes.

Business

• Develop a comprehensive understanding of the business model and strategy in order to provide substantive oversight support and challenge in order to enable appropriate and sustainable CFCC outcomes.
• Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality conduct, financial crime & compliance-related advice and guidance to enable the business and functions to meet/ achieve their strategic tactical objectives.
• Provide advice, analysis (and challenge when appropriate) in relation to the TM including product design, new business initiatives, bespoke projects, remedial activities (including nature, scale and rigour of past business reviews), and transactional CFCC advice.
• 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 including actions and plans to address any remedial action needed to come back within risk tolerance/ appetite.
• Work closely with the business and its operational teams to provide timely advice to ensure compliance with all relevant laws and regulations and support the transition to pro-active and premptive CFCC risk mitigation.
• Support the resolution of competing requirements between regulations specific to the TM business

Processes

• Act under delegation from the respective Risk Framework Owners for the principal risk types of Compliance, Conduct and FCC in discharging the responsibilties contained in the ERMF for to the extent that CFCC advisory is the appropriate second line risk ower.
• The role holder is not responsible for CFCC first line processes unless specifically delegated by and/or agreed with the group process owner. This includes CFCC processes operated to manage risks in TM such as name screening or transaction monitoring.
• The role holder is not responsible to ensure that TM and CFCC process owners agree their respective handoffs, which ought to be documented in a service level agreement. However, consistent with the CFCC advisory second line responsibilites under the ERMF, the role holder is responsible to ensure that in the absence of an agreement or if responsibilities are poorly executed, the risks inherent in TM are addressed in line with the ERMF.
• Develop and maintain effective policies/processes/DOIs (including training, advice and support) (including training, advice and support) to address CFCC risks across TM, aligning with relevant regulatory requirements.
• Provide governance and oversight over the implementation of CFCC related policies and procedures relevant to TM (to support compliance with such policies and procedures)

People and Talent

• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
• 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.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
• Assess competency and skill of the team on an ongoing basis to ensure alignment of skill set to the risk management demands of the TM business whilst also taking into account other factors such as budget constraints, promotion freezes, ethnic hiring quotas and gender targets
• Ensure the provision of ongoing training and development to ensure that team members are competent, suitably skilled and qualified for their roles, ensuring that they have effective supervision in place to mitigate any risks.
• Review team structure/capacity plan to ensure an effective and efficient risk management framework
• Employ, engage and retain high quality people, with succession planning for critical roles
• Provide feedback at business, function, country and individual level as appropriate, on CFCC matters which should have a bearing on remuneration pools or individual bonuses (for senior staff).
• Regularly and on a timely basis appraise performance as well as proactively manage attrition when needed.
• Ensure regular management meetings with direct reports.
• Drive the migration of skill, knowledge, best practice and lesson learned across the network between CFCC Advisory colleagues especially in relation to legal/regulatory risks and compliance with relevant regulations and internal policies/standards as they pertain to TM.

Risk Management

• In accordance to the Group's Enterprise Risk Management Framework, act as second line Risk Owner for appropriate and relevant TM processes as strictly defined in the TM Process Universe (and the FM process universe where TM rely on FM's processes).
• Collaborate with the other Product CFCC teams, CFCC Advisory Management Team and / or the CFCC Management Team to anticipate horizon risks that may have a significant impact on the Bank and develop effective strategies to mitigate such horizon risks including global standards for conduct of business.
• Ensure effective management of TM CFCC Advisory matters, and in collaboration with the rest of the CFCC team, effectively manage regulatory issues that have a significant impact on the Group including but not limited to conflicts of interest, cross -border and onshore/offshore transactional support and control (in partnership with Cross Border (XB) and Conflict of Interest (COI) Compliance teams).
• Collaborate with relevant senior managers to support a programme for conduct, financial crime, surveillance and/or assurance for TM.
• In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management in the Group and relevant regulators are informed 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, and engagement in regulatory reform.
• Assist and work closely with the Group Shared Investigation Services team in relation to investigations concerning TM.
• Liaise with the internal audit function to ensure that any CFCC weakness identified by the internal audit function relating to TM activities are appropriately followed up where they are relevant to CFCC.
• Provide reports to relevant Group and Business risk and control committees and management group on key conduct, financial crime and compliance risks and issues pertaining to TM.
• Maintain adequate management MI / trackers across all aspects of their coverage and responsibility to ensure all issues and matters relating to TM are tracked, followed, regularly assessed and reported on, including oversight of risk acceptance and/or mitigating action plans, identification and management of high risk clients or specific country reviews relating to TM.
• Provide advice on the application of CFCC risk management frameworks (e.g. ERMF) and provide advice to relevant stakeholders on outcomes of risk identification and assessment methodologies
• Maintain oversight of risk acceptance and/or mitigating action plans relating to TM where CFCC is the RFO.
• Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
• Provide intelligence inputs to support calibration of the Bank's Risk Methodologies (including aggregate product risk).
• Provide reports to relevant Group and Business risk and control committees and management group on key compliance risks and issues
• Understand the purpose systems relevant to TM.

Governance

• Attend relevant leadership meetings, and provide relevant reports to senior management and governance/risk committees.
• Be accountable for identification and escalation of potential CFCC related risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• Ensure appropriate product governance measures are in place so that product approval documents reflect all relevant regulatory requirements.
• Propose control effectiveness and efficiency improvements and simplifications where appropriate.
• Support the end-to-end life cycle of audit, assurance and regulatory reviews, including tracking, remediation and preparing lessons learned from such reviews.
• Within the Group's Enterprise Risk Management Framework, establish and maintain appropriate risk based CFCC framework for identifying, assessing, managing, monitoring, mitigating and reporting compliance and financial crime risks across TM.

Project/Change management

• Lead key change programmes and projects for CFCC Advisory, TM where appointed as AE.
• Support work plans specific to CFCC advisory projects/ initiatives.
• Review new business requirements and provide solutions for TM where required.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group's Values and Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk and CFCC matters.
• Support relevant stakeholders to respond to regulatory questions.
• 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.
• Support relevant stakeholders to respond to regulatory questions

Key Stakeholders

• TM Business Management and teams
• TM COO teams
• Group Risk
• Group Operational Risk
• Group Internal Audit
• Group Operations
• Group Technology
• Regional Heads of CFCC, CCIB
• Prudential Regulation Authority, Financial Conduct Authority and other key regulators of the Group

Other Responsibilities

• Support embedding Here for good and Group's brand and values in TM CFCC Advisory Team
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and standards.

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages. We welcome conversations on flexible working.