Job Summary
This role could be based in Singapore and UK. 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.
Support the Head of GLRR Operations to ensure effective design, oversight & execution of the following key processes:
• Material Risk Takers (“MRTs”) related processes, including (but not limited to) MRT identification/communication processes, regulatory submissions and deferred compensation modelling/calculations.
• UK Certification Regime (“CR”) related processes, including (but not limited to) Fit & Proper Assessment processes for Certified Persons (“CPs”), regulatory notifications of CPs and Notified Non-Executive Directors (“NNEDs”), maintenance of CP & NNEDs Master Lists and CP Identification Framework; and
• Licensed & Regulated Roles (“LRR”) Operations related processes, including (but not limited to) maintenance of Global LRR Roles Register and regulatory registrations/de-registrations.
• Draft communication plans and templates related to MRT status notifications, including those to impacted individuals, their People Leaders and the Human Resources teams responsible for the provisional identification during the hiring process.
• Advise GLRR/CR/MRT Operations teams to ensure that their processes/controls and corresponding Desk Operating Instructions are fit-for-purpose to comply with the relevant MRT, CR and LRR requirements.
• Support the Head of GLRR Operations in overseeing offshore operations team, ensuring alignment with agreed SLAs and process. Drive continuous improvement initiatives, while maintaining clear communication and reporting regularly on progress, challenges and key outcomes.
• Provide practical advice on MRT processes and requirements to MRTs’ People Leaders and MRTs.
• Provide practical advice on certification processes and requirements to CPs’ People Leaders and CPs.
• On-going evaluation of the robustness of LRR, MRT and CR operations, hand-off with other teams and recommend areas for improvements where required.
[Note: Only for selected local LRR regimes.]
Key Responsibilities
Risk Management
Support the Head of GLRR Operations to establish & manage regular Management Information to monitor:
• Key Performance Indicators of GLRR/CR Operations teams are met;
• MRT and CR related risk and operational issues; and
• LRR related risk and operational issues.
• Support the Head of GLRR Operations to establish & manage the appropriate Controls and Control Sample Testings/Key Control indicators to ensure that LRR, MRT, CR operations related risks are identified & mitigated in a timely manner.
[Note: Only for selected local LRR regimes.]
Regulatory and 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
• CR/GLRR/MRT Operations Teams
• Senior Managers Regime Team
• Compliance, Financial Crime & Conduct Risk (“CFCR”), Regulatory Regime Team
• Chiefs of Staff and Business Planning Managers that support various Senior Managers
• Group Corporate Secretariat Team
• People Leaders of CPs and MRTs
• Certified Persons and MRTs
• Strategy & Talents, Governance and Controls Teams
Various Human Resources (“HR”) Teams:
• Rewards Governance
• Performance Management
• Reward Analytics
• Performance Rewards Benefits Advisory
• HR, Talent Acquisitions
• HR, Business Partners
Our Ideal Candidate
• Bachelor's degree in a related field
• 6+ years of Compliance, Risk and Governance work experience in financial services with the ability to collaborate effectively with offshore operations teams.
• Prior experience of working on Material Risk Taker and/or UK Certification Regime is a plus.
• Good drafting skills and ability to explain complex issues in a clear and concise manner.
• Good ability in interpreting regulatory & internal Bank requirements, and then establishing risk appropriate processes & controls to comply with them.
• Good knowledge of bank’s general governance and risk management frameworks.
• Excellent knowledge of MS Office, including Microsoft PowerPoint, Word, and Excel.
• Successful record of building personal credibility and managing relationships with key stakeholders.
• Ability to collaborate and work dynamically across a broad range of stakeholders from different Businesses and Functions.
Role Specific Technical Competencies
• Analytical Thinking
• Regulatory Environment – Financial Services
• Risk Management
• Financial Services Industry
• Organisational Governance
• Effective Communication
• Written Communication
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
