Director - CFCC, CCIB Advisory

Job Description

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. Its 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.Were 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 ResponsibilitiesSupporting Head - CCIB-CFCC, in managing and leading the CCIB- CFCC Advisory team, aligning this to the vision and strategy of the function, the Enterprise Risk Management Framework (ERMF)

• Responsible for providing details of developments relating to CCIB-CFCC, giving rise to a material risk that serious regulatory breaches or breaches of country risk appetite metrics may occur and notifying any such breaches to (as appropriate):
• Head-CCIB -CFCC
• the relevant Business Stakeholders

Strategy

• Promote the culture and practice of compliance with CFCC standards (including conducting business within regulatory requirements, and to high ethical standards) within the business 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.

Business

• Analyze comprehensive impact of CFCC matters on the CCIB business area and their operations.
• Ensure that key changes (to laws, rules, regulations) are communicated and cascaded in country.
• Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
• Ensure appropriate advice is provided to the relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to Financial Market.
• Complete knowledge on FCC risks like CDD/AML/Fraud/screening/ABC etc and support the business with the interpretation.

Processes

• As RO, review and approve policies/processes/DOls to address CFCC risks related to CCIB, aligning them with relevant regulatory requirements.
• Provide support and challenge to relevant stakeholders to ensure that they establish and monitor appropriate processes for compliance with CFCC policies, procedures and standards (including meeting regulatory obligations and maintaining high standards of conduct) pertaining CCIB business.

Risk Management

• Identify and assess sources of regulatory risks and ensure that systems and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels. Report on material regulatory, CFCC risks pertaining to CCIB.
• Inform management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
• Anticipate horizon risks in the area of CCIB CFCC .
• Advise Head CCIB- CFCC India on material risk with regard to CCIB business and FCC risks to ensure appropriate steps are taken to manage and/or mitigate the issue.

Governance

• Ensure lessons learned from audit findings, CFCC CCIB assurance activities and specific investigations are prepared and cascaded to relevant stakeholders.
• Provide timely, relevant and accurate management information to Head CCIB-CCFC India and other relevant stakeholders on key regulatory risks and control effectiveness.
• Support the product programme and country addendum framework in India pertaining CCIB business.

Regulatory relationships and regulatory change

• Support Head -CCIB-CFCC India in obtaining regulatory approval pertaining to CCIB business and FCC risks related to segment.
• Ensure proactive and timely identification, assessment, advice and dissemination of evolving regulatory changes/practices and associated with CCIB business.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Groups Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct in CCIB. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Training.

ExclusionsFor clarity areas of control and oversight excluded from responsibility include:

• BCP/ crisis management;
• first line assurance
• second line rules based assurance activity of any process not directly related to regulatory risk;
• all prudential related matters.

Key Stakeholders

• Relevant India Regulators
• Stakeholders from Businesses and Functions, India
• GlA

Other Responsibilities

• Embed Here for good and Groups brand and values in the CCIB segment.

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.,

Keyskills :
risk management frameworkenterprise risk managementrisk managemententerprise riskregulatory riskcrisis managementpersonal responsibilityregulatory requirementsriskturnbrandvisitstepsethicscrisis