Reg Head of Transaction Banking Compliance recruitment

Key Roles Responsibilities


Product and business advisory work
* Drives the programme for identification of material regulatory and reputational risks in the region for the business.
* Anticipates and assesses key regulatory and product risk trends in the business for management consideration and helps drive the development and implementation of appropriate mitigation control measures.
* Oversees the continual assessment of regulatory risks associated with existing products and those under development in the region.
* Represents TB Compliance in the regional governance of the TB business.
* Assists in approving new products and new business initiatives in the region. Takes direct responsibility for approving new products in Singapore.
* Assists local teams with product line expertise as required, particularly with regard to regulatory inspections or investigations.

Controls development and implementation
* Assists in the development of Compliance policies and procedures applicable to the business in the region.
* Assists in the development and enforcement of product standards and controls.
* Works collaboratively with the business and Operational Risk in the B/LKCSA process across the region.
* Ensures appropriate documentation of controls and control decisions.

Training
* Actively participates in the delivery of a program of activities that educates and encourages business managers and staff to operate in compliance with relevant laws, regulations and policies.
* Provides ad-hoc additional training as and when appropriate.
* Assists in the development of an effective internal business compliance culture by promoting the benefits of ethical business conduct and the benefits of compliance.
* Provides product-specific training to local specialists.
* Distributes knowledge on 'lessons learned' across various jurisdictions to local teams.

Monitoring/reporting
* Develops and implements Compliance monitoring in conjunction with relevant stakeholders - local teams and/or WB Core Specialists. Has direct responsibility for any Desk Review process in the region.
* Prepares reports for WB Compliance management.
* Ensures timely escalation of incidents, control breaches to relevant stakeholders - senior management in WB Compliance, local Compliance management, and other risk stakeholders

Partnership
* Builds relationships with relevant stakeholders in the business, in the LC organisation, and in other risk functions.
* Endeavours to keep all relationships on a strong professional and collegial footing.
* Endeavours to take a holistic approach to the management of risk - the compliance issue may not be the most pressing risk issue.

Qualifications Skills

Technical Knowledge
* Possesses core technical knowledge in laws and regulations applicable to the TB business in Singapore.
* Has an introductory understanding of variations in such laws and regulations across the region.
* Has a core grasp of the sales and transactional activities of the business, its operating model, and its key risks.
* Transaction Banking:
* Understanding of the regulatory risks relevant to the provision of trade finance services - including documentary trade activities, credit, and supply chain finance.
* Understanding of the regulatory risks relevant to the offering of cash solutions - including clearing activities, payables / receivables management and liquidity services.
* Understanding of the regulatory risks relevant to collective investment schemes and alternative investment funds, including the activities of Trustees and Depositories.
* Understanding of the regulatory risks relevant to the offering of custody services - including global, regional and direct / local sub custody activity.
* Familiarity with the principles governing regulation of anti money laundering controls, information management, off shoring and outsourcing and conflicts of interest management

Compliance skills - Core knowledge in risk identification, risk assessment, controls development, training, monitoring and reporting.

Leadership skills/Analytical skills/Communications and client management skills

How To Apply

You can search and view current opportunities across our organisation and apply immediately by registering or logging in to our careers website www.standardchartered.com/careers. To help speed up your application, please note the following:
- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role
- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information to hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.

Closing Dates
The closing date for applications is 28/02/2012. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.