About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
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RESPONSIBILITIES: Operating within the global CFCC Advisory Compliance team, a highly motivated and self-driven individual will join the CFCC Advisory, Operations team. This will involve working closely with Global and Regional Compliance teams, Front Office, Operations, Technology Project Managers and other stakeholders to ensure compliance against key FM regulatory requirements.
Reporting to the Head, CFCC Advisory, Operations, the job holder will be:
Able to demonstrate extensive experience in Transaction Reporting and familiarity with regulations across key regions (Europe, US, Asia)
As the Governance and Traceability officer you will work closely with the Strategy Compliance director (located in Singapore) and directly with the London based Compliance Transaction Reporting ("TR") Country lead.
This is a functional Governance and Traceability role where deep expertise will be built over time to challenge and ensure the completeness of Transaction Reporting requirements (interpretation, lineage, governance) and the way they have been assimilated and implemented as part of Reporting delivery.
The Governance and Traceability officer will need to formalise the approach and deliver on setting up a robust structure for storing, maintaining and sharing Global Transaction Reporting Regulations and key artefacts
The Governance and Traceability officer will focus on SCB's internal platforms and reporting delivery teams as well as the Reporting Manager systems (eligibility rules and requirements interpretations). The Governance and Traceability officer will also need to formally map out the Transaction Reporting Governance framework and identify where recommendations need to be made.
The Governance and Traceability officer will have a key focus on managing the interaction with Wealth, PvB, AG, and other broader businesses and ensuring that key communication channels required to meet the Reporting needs of SCB as a Firm are understood. The successful candidate will need to challenge conventional silo structures around the reporting framework to ensure best delivery to our Regulators.
The Governance and Traceability officer will provide the key SME input on behalf of the TR Compliance team when interacting and reviewing the formal communication and governance channels around Transaction Reporting Compliance. This will involve augmenting and where appropriate amending existing organisational charts and decision-making structures.
Awareness and understanding of FM, wider businesses, economic and market environments where key risk could impact the locations in which the Group operates
Ability to analyse relevant laws and regulations and relate regulatory issues to products and business models.
Some knowledge of market initiative regulations and OTC derivatives reforms
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 FM Compliance function 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.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
The individual will work with counterparts from Global and Regional Compliance teams, Front Office, IT and Operations plus any relevant Stakeholder matrix derived from any stakeholder analysis
Ability to ensure that relevant stakeholders receive relevant and timely information on developments in compliance or in the business, with the priority on ensuring "no surprises".
Ability to effectively communicate to stakeholders at all levels and through channels appropriate to the situation. This includes training where necessary and establishing appropriate forums required to ensure stakeholders remain informed.
Embed 'Here for good and Group's brand and values in FM Compliance'
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
The above requirements not intended to be interpreted as an exhaustive list of all responsibilities and duties to be performed and the individual will be required to assume responsibilities to effectively deliver on the role
Bachelor's Degree required
Compliance and/or Regulatory / Risk Framework experience in Financial Markets
Apply now to join the Bank for those with big career ambitions.
Internal Number: 6549730
About Standard Chartered Bank
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