Associate Director

3 days ago


Chennai, Tamil Nadu, India Standard Chartered Bank Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Job ID: 42491

Location: Chennai, IN

Area of interest: Retail Banking

Job type: Regular Employee

Work style: Office Working

Opening date: 17 Oct 2025

Job Summary

  • Provide direction, guidance to team of insurance specialists in a cluster to lead the Bancassurance business.
  • To set performance management standards and provide the basis for performance challenge to accountable Insurance specialists.
  • To embed distribution capabilities, for own team as well as, through RM activation.

Key Responsibilities

Strategy

Franchise Development

  • Embed the insurance value proposition and entrench it as an anchor product to strengthening customer relationship and loyalty
  • Expand local market share through volume and spend
  • Leverage strong alliances within branch and segments & business partners network to crystallize differentiated brand propositions across customer segments
  • Focus on building strong insurance expertise & bench strengths within own team

Business

Strengthen SCB in the local market as leader of bancassurance offering unique value proposition

Processes

Ensure appropriate operational procedures in place to uphold and monitor activities to ensure compliance

Risk Management

All responsibilities under the Risk Management Framework – both execution and supervisory

Governance

Ensure appropriate operational procedures in place to uphold and monitor activities to ensure compliance

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

Key relationships

  • External Approved Service Providers & Product manufacturers

Internal

  • Branch
  • Segments
  • Insurance product team

Qualifications

  • Depth knowledge of processes & ensure teams is trained & updated regularly.
  • To own & develop necessary skill set in the team of Insurance Specialist for driving quality engagement with the internal & external clients.
  • Strong knowledge on Products & markets that impact the overall functioning of insurance Products
  • Ability to demonstrate & lead a team of trained Insurance professionals by continuously upgrading knowledge levels & driving seamless application of knowledge in cross-selling

Skills and Experience

  • Bancassurance
  • Insurance Sales
  • Stake holder management
  • Team handling

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.

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