Head of Governance & Framework at Standard Chartered Bank

Job Description
• Acts as the interface between the Bank and local regulators, government agencies and law enforcement on FCC matters.
• Shares best practice with the regulator in support of the Regulatory Relationship Plan and in order to position the Bank as “thought leaders” on FCC.
• Coordinates FCC related regulatory inspections.
• Leads on FCC related external and internal risk identification and anticipation of future trends.  Works with the business to drive the development of appropriate mitigation strategies.
• Identifies and communicates, across the business, relevant regulatory change – ensures policies and procedures are amended as required.
• Ensures the business has in place, and maintains, appropriate FCC procedures that are consistent with the requirements of the Group’s policies and local regulatory requirements.
• Evaluates changes to policies and procedures to ensure they are consistent with local law and regulation and reflect standards of ‘best practice’. Where applicable, proposes improvements.
• Establishes and monitors a country-level FCC (in particular AML) Training Plan to ensure the business provides training tailored to the local regulatory environment.
• Assists in the development of an effective internal compliance culture by promoting the benefits of ethical business conduct and the benefits of compliance.
• Maintains a programme to raise staff awareness of FCC issues, particularly “Speaking Up” and the obligation to report suspicious transactions.
• Coordinate/generate MI and ensure visibility to right stakeholders
• Interpret MI and provide covering analysis for Committees
• Track/report all remedial actions (audit, CMRs, exams, RA etc.)
• Execute the Region Risk Assessment methodology in country
• Drive the development of risk mitigation action plans through relevant committees
• Review country risk assessment frameworks and identify enhancement opportunities
• Perform compliance monitoring / assurance work to ensure that all transactions are carried out within the defined risk appetite
• Implement key risk indicators for the business lines to adopt
• Ensure SLAs are in place for all activities provided by the GSSC or Regional FCC so as to optimize business performance
• Track closure of issues
• Coordinate audit responses

Leadership and Management
• Ensures appropriate FCC resources and capabilities are in place to support business growth and address risk issues.
• Sets and establishes team objectives and priorities through discussions relevant stakeholders ensuring alignment with business agenda.
• Undertakes regular performance and development discussions.
• Ensures engagement reviews, such as Q12 impact planning and conducts career discussions with all staff
• Provide leadership and guidance to the Governance team
• Develop skilled resources within the Governance team who can contribute to the management of FCC
• Support efforts to position the Bank as an industry leader in the eyes of regulators and industry stakeholders
• Promote and embed a compliance culture throughout the Bank
• Lead or influence significant programmes of work in support of the Region’s financial crime compliance objectives, for example major capability upgrades or remediation activities

Qualifications & Skills
In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required.