Standard  Chartered  Bank

Senior Business Analyst, Regulatory Technology

Location
Singapore, Singapore
Salary
Competitive salary
Posted
22 Feb 2021
Closes
25 Feb 2021
Ref
2100000712
Approved employers
Approved employer
Job role
Business analyst, CFO
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

Strategy

  • Deliver various Regulatory Implementation initiatives within CPBB globally
  • Lead the Transaction Reporting stream of the portfolio and help ensure compliance with the requirements provided. This includes regulations such as MiFID II, EMIR, G20 derivatives transaction reporting and any other new trade reporting regulatory obligations from time to time
Business

  • Thorough understanding of the regulatory framework for Wealth Management products and segment, including but not confined to MiFID II, EMIR, G20 derivatives reporting, CSDR, SRD II.
  • Prepare business requirements documents and user stories to ensure that process and system changes delivery is aligned with the programme objectives
  • Assess the impact of the change across products, applications and documentation.
  • Manage communication of status updates to key stakeholders including Senior Management through presentations and reports
  • Work with the relevant transaction processing systems and reporting teams to prioritize and implement the changes related to the initiative
  • Perform end to end functional testing and confirm compliance with the underlying regulatory obligations
Processes

  • Engage the required stakeholders to design efficient processes or changes required to comply with the Regulatory framework
People and Talent

  • Work with respective WM and PvB business and functional leads (such as Product Heads, COO team, Legal, Compliance, Risk & Finance) towards the implementation of the initiatives and drive the transition plan
Risk Management
  • Assist the delivery leads in managing project risks and regulatory impact of the delivery risks
Governance
  • Manage the regulatory exceptions monitoring across all in-scope jurisdictions and remediate the reporting gaps
  • Present the exceptions summary for the Transaction Reporting Governance Forum, PSC, ESC and NFRC
  • Assist the COO team and Delivery Leads respond to the regulators' queries from time to time
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
  • Head of Regulatory Implementation
  • COO, WMPS
  • Head of CFCC Advisory
Our Ideal Candidate
  • 6+ years of experience in the Wealth Management Regulatory Implementation space, especially European Regulations such as MiFID II, G20 / Derivatives Reporting
  • Thorough understanding of Wealth Management regulatory framework (MiFID II, EMIR, G20 Derivatives Reporting,) is must.
  • Techno functional skill set is a must with ability to run SQL queries, interpret and prepare designs involving XMLs, understand APIs and other interfacing mechanisms
  • In-depth knowledge of the technology stack involved in the reporting process for the above regulations
  • Wealth Management products and services knowledge, including product booking models, platforms, reporting implications and process life cycle is essential
  • Knowledge of other regulatory frameworks such as SRD II, CSDR is an added advantage
  • Graduate or Post Graduate degree from a recognized university
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.

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