Associate Director, Financial Institutions Strategic Enablement, BBD & Correspondent

STANDARD CHARTERED BANK (SINGAPORE) LIMITED
  • Job category
    Banking and Finance, Risk Management
  • Job level
    Manager
  • Contract type
    Permanent, Full Time
  • Location
    Central
  • Salary
    S$5000 - S$9500

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. 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

Support the governance of the key forums and control frameworks impacting the Correspondent Banking business, specifically, the Correspondent Banking Oversight Committee (CBOC), Correspondent Banking Nesting Working Group (NWG) as well as the four Regional Correspondent Banking Oversight Groups (RCBOGs) on an interim basis.

Support the Correspondent Banking Academy; the self-service e-learning portal for client staff and regional workshops in partnership with regulators.

Act as a key individual in driving / protecting / monitoring of FI business including risk events to drive a clear understanding and oversight of the risks of the business and bank’s policy and procedure with a strong focus on Risk: Financial Crime (AML /CTF, Sanctions), Credit and Regulatory Compliance.

Proactive engagement with group, regional and country functions CCIB Client Coverage, including engagement with FI RRM teams, Relationship Managers, Conduct and Financial Crime Compliance (CFCC) teams and COO teams.

Engage in CBR Advisory work and Group led initiatives and projects.

Strategy

Support the transition of RCBOGs from Group to regional management.

Support the business to deliver on the Correspondent Banking Academy.

Business

Processes

Ensure Committee standards adhere to the Committee Governance Standard (CGS) as stated in the Enterprise Risk Management Framework (ERMF)

Lead the regular review of existing processes to identify challenges and opportunities for improvement.

People and Talent

Work closely with colleagues and stakeholders to enhance the quality of deliverables for the CBOC.

Lead by example to ensure adherence to the Group’s processes and policies, training programs.

Updating of Correspondent Banking Academy training incorporating specialised / customised courses covering country specific requirements for some of our Tier 1 market. Assist and guide GAMs / Clients in new eLearning sign ups, guide Clients, fix issues related to access and controls, manage end to end coordination with vendor.

Risk Management

Ensure that key risk issues and concerns are escalated to Group/governance committees and centrally through the FI matrix, as appropriate.

Responsible for risk and issue resolution across initiatives.

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Reporting and Governance

Work closely with stakeholders to understand segment priorities and ensure that the CBOC, NWG and the Regional CBOGs cover relevant agenda items.

Understanding the risk and compliance requirements, comply with applicable laws and regulations, the Groups policies, procedures, strategy and the Group Code of Conduct. Effectively identify, escalate, mitigate and resolve risk and compliance matters within the Correspondent Banking portfolio.

Support internal audits and regulatory exams to address, remediate and mitigate high risk clients, high risk issues impacting at the portfolio level.

Support the facilitation and fulfilment of requirements as a result of external and internal exams.

Develop, track and follow-up on issues, action plans and escalation reports stemming from AML-related governance to ensure timely response and action.

Proactively monitoring FI portfolio transaction monitoring reports and dashboards.

Monitoring operational effectiveness and provide overall oversight of financial crime risk related responsibilities for the FI business.

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

Client Coverage RMs

Head of Client Lifecycle Governance (and team)

CLDM CDD Process Lead (and team)

Global Head, CFCC Advisory, CCIB Client Coverage (and team)

Country CFCC teams

Group and Country Secretariat teams

Other Responsibilities

Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Our Ideal Candidate

Bachelor’s degree required with advance education preferred.

Relevant Governance, Business Management, Project/Change Management skills essential.

4+ years of experience in Transaction Banking Product Management, Wholesale Banking Operations and Transaction Banking Sales or Corporate Banking.

Strong knowledge of Transaction Banking products.

Experience of and working with Operational and/or Compliance Risk and the wider risk management frameworks.

Working knowledge of AML and Sanctions regulation and expectations.

Apply now to join the Bank for those with big career ambitions.


Closing on 05 Dec 2021

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