Associate Director, Conduct Financial Crime Compliance Governance - Business Operational Risk Mgt.

Job Summary

Associate Director, CFCC Governance, BORM performs control monitors, assurance, health checks for process where Conduct Financial Crime Compliance is the first line.

Key Responsibilities

• Perform controls monitors, assurance, health checks for process where Conduct Financial Crime Compliance is the first line
• Ensure risk identification, mitigation plan and tracking for effective closure
• Proactively develop regulatory relationships with regulators in Country through a structured engagement programme with consistent adherence to regulatory expectations.
• Help ensure that Standard Chartered Bank's operations in Pakistan are in line with regulatory expectations and Group requirements.
• Support the Country Head of Conduct Financial Crime Compliance Governance to set and implement the vision, strategy, direction and leadership for Pakistan, consistent with the vision and strategy and in support of the Group's strategic direction and growth aspirations.
• Ensure that key changes (to laws, rules, regulations) where Conduct Financial Crime Compliance is first line are implemented.
• In conjunction with the relevant stakeholders, analyse the impact of regulatory compliance matters on the bank and its operations.
• Providing governance and oversight over the implementation of Conduct Financial Crime Compliance related policies and procedures in Country to ensure compliance with such policies and procedures.
• Provide advice to relevant business & functions stakeholders on compliance with Group standards & regulatory matters relating to Conduct Financial Crime Compliance.
• Track significant issues arising from Conduct Financial Crime Compliance metrics, Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
• Implement quality assurance standards and workflows for the Conduct Financial Crime Compliance processes.
• Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
• 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.
• Provide intelligence inputs to support calibration of bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
• Ensure the Bank is properly prepared for, routine regulatory exams, audits and supervisory inspections, as well as to managing the response from the business.
• Manage and protect business as usual (BAU) capability during change programme, as well as during the execution and delivery of the Remediation initiatives through project phase into BAU
• In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
• Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the Conduct Financial Crime Compliance function.
• Proactively drive the development and maintenance of good relationships with internal and external business stakeholders at appropriate levels ensuring an open and cooperative environment.
  
  

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.