Director, Compliance, Wealth Management

Job Summary Responsible for supporting Head WRB CFCR Advisory in India for Wealth Products and Affluent Segment Responsible for FC Risk assessment for Wealth Products Supporting Head CFCR SCSI in governance matters Responsible for providing details of developments relating to Wealth compliance and conduct 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 WRB CFCR India relevant Heads of Business and risk forums Strategy Support Head WRB CFCR India in implementing the vision strategy and direction set for the WRB CFCR function in India Practice the culture and compliance with CFCR standards including conducting business within regulatory requirements and to high ethical standards within the Bank and embed a Here for good culture and the Group Code of Conduct Establish close links with colleagues of other Client segments and or Product Groups to achieve common platforms and work plans implementing a One Bank approach to covering all Clients Business Analyse comprehensive impact of CFCR matters on the relevant business areas Wealth and their operations Ensure that key changes to laws rules regulations pertaining to Wealth Affluent are communicated and cascaded in region 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 Wealth and Affluent CFCR Key Responsibilities Processes Support Head WRB CFCR India in review and approval of appropriate policies processes DOls to address CFCR risks related to Wealth Affluent aligning them with relevant regulatory requirements Provide support and challenge to the relevant stakeholders to ensure that they establish and monitor appropriate processes for compliance with CFCR policies procedures and standards including meeting regulatory obligations and maintaining high standards of conduct pertaining to Wealth Affluent People and Talent Help in creating an environment of appropriate culture and values work in collaboration with risk and control partners Work collaboratively with the team Risk Management Support Head WRB CFCR India in identifying and assessing sources of wealth related regulatory risks and ensure that systems and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels Report on material regulatory CFCR risks pertaining to Wealth Maintain track of risk mitigating action plans pertaining to Wealth Inform Head Retail Wealth and PvB CFCR India serious regulatory breaches or where risk tolerances have been breached and ensure that actions are taken quickly to remediate and or activities are ceased Governance Support Head WRB CFCR India in oversight of the Wealth Affluent SCSI CFCR function in India including the various Group CFCR frameworks and programmes within India pertaining to Wealth Ensure lessons learned from audit findings CFCR assurance activities and specific investigations are prepared and cascaded to relevant stakeholders Support Head WRB CFCR India in providing timely relevant and accurate management information on key regulatory risks and control effectiveness Support the product programme and country addendum framework in India pertaining to Wealth Escalating risks to relevant risk forums and agree on risk mitigation plans Regulatory relationships Support Head WB CFCR India in managing regulatory inspections pertaining to Wealth Affluent SCSI Engage with Regulators as and when required to support Business on wealth SCSI matters 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 Support the WRB India CFCR team to achieve the outcomes set out in the Bank s Conduct Principles Fair Outcomes for Clients Effective Operation of Financial Markets Financial Crime Prevention The Right Environment Support Head WRB CFCR India in effectively and collaboratively identifying escalating mitigating and resolving risk on wealth CFCR matters Exclusions For clarity areas of control and oversight excluded from responsibility include fraud-prevention BCP crisis management first line assurance except for processes owned by WRB CFCR pertaining Wealth SCSI second line rules based assurance activity of any process not directly related to regulatory risk all prudential related matters Key Stakeholders Relevant India Regulators Heads of Businesses and Functions India GlA Other Responsibilities Perform other responsibilities assigned under Group Country Business or Functional policies and procedures Skills and Experience Good knowledge of Regulatory framework on Retail Bank products and services assets liabilities and also IRDA SEBI AMFI regulations guidelines on Mutual Fund Distribution Insurance Corporate Agency etc Depository services Stakeholder management and orientation on compliance risks is a necessary skill Qualifications Certifications DP Related Certifications AMFI IRDA Languages English Competencies Action Oriented Collaborates Customer Focus Gives Clarity Guidance Manages Ambiguity Develops Talent Drives Vision Purpose Nimble Learning Decision Quality Courage Instills Trust Strategic Mindset Technical Competencies This is a generic competency to evaluate candidate on role-specific technical skills and requirements 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 Recruitment Assessments Some of our roles use assessments to help us understand how suitable you are for the role you ve applied to If you are invited to take an assessment this is great news It means your application has progressed to an important stage of our recruitment process Visit our careers website 31898