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
As an independent second line risk control function, execute the relevant aspects of the Compliance framework through robust independent risk control and the provision of specialist advice and constructive challenge in a manner proportionate to the nature, scale, and complexity of the Group’s business.
Ability to exercise good judgement when facing ambiguity, and willingness to take on challenges.
Ability to articulate sound analysis leading to conclusion, and ability to escalate issues based on objective analysis.
Provide guidance to team members on clearing alerts in line with the appropriate operating procedures, as well as the relevant governing process (e.
g. Suitability and Appropriateness Procedures), with particular focus on suitability related issues.
Implement / roll-out initiatives related to PvB Suitability Surveillance.
Support the Process Owner for PvB Suitability Surveillance process under the Group’s Risk Management Framework.
Overall leadership and functional responsibility for members of the team.
Perform monitoring on the PvB sales process and investigate alerts generated from the system. Ensure compliance with the Bank’s policies and procedures and escalate any mis-selling or suitability issues detected on a timely basis.
Any irregularities unrelated to mis-selling / suitability should be referred to the appropriate teams for follow up.
Perform ad hoc investigations or deep dive into cases where warranted or requested by management.
Ability to evaluate and independently assess the circumstances of each case, and logically conclude based on the circumstances of the case, before proposing closure or escalation.
Proactively support and challenge the Group’s businesses and functions to exhibit appropriate conduct, comply with regulatory and Compliance requirements and strive to achieve fair outcome for the Group’s clients.
Maintain good working relationships with the respective PvB Compliance in each country, as well as Front and Back office operations.
Support all control checks approved by Operational Risk Framework (ORF) & be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework
Inform senior 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.
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.
Support effective and timely communication along with collaboration cutting through functions and business
Take personal responsibility for understanding the risk and compliance requirements of my role. Understand and comply with, in letter and spirit, all applicable laws, and regulations, including those governing anti-money laundering, terrorist financing, and sanctions;
the Group’s policies and procedures; and the Group Code of Conduct. Effectively and collaboratively identify, escalate, mitigate and resolve risk and compliance matters
Embed Here for Good’ and Group’s purpose - Driving commerce and prosperity through our unique diversity. Promote a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
Our Ideal Candidate
5 to 10 years of relevant work experience in the following areas :
Analysis skills : able to analyse data trends and out of pattern activities, working knowledge of Internet and MS Office Suite & independently assimilate, analyse, and evaluate information from disperse data sources to determine a course of action (e.
g. case closure or escalation), and record and communicate this decision clearly and concisely.
Banking : knowledge in terms of customers, products, and transactions
Banking operations experience and an inquisitive & service-oriented attitude
Excellent communication in English (articulation and writing) other languages a bonus