Compliance Manager at Standard Chartered Bank

Ref No: 2100019410
Job: Compliance
Employee Status: Permanent

The Role Responsibilities
Strategy:

• Provide timely regulatory advice and recommendations on key issues for the branch.
• Ensure AML regulations, policies and requirements are clearly communicated to branch staff.
• Provide support to the branch in complying with the new and changing regulations, as well as Group policies and standards

Business:

• Provide general CDD advisory to the branch and ensure the Bank operates in accordance with the relevant laws, regulations and Group policies in relation to KYC/CDD.
• Use general knowledge of business products undertaken in the jurisdiction to work with business compliance specialists to respond to regulatory questions as it relates to the branches.
• Assist the Country Head of Compliance to ensure that the procedures, and controls in place are operating effectively in order to mitigate money laundering risk.
• Assist the Country Head of Compliance in the implementation of country level programmes and initiatives to enhance AML awareness and effort.
• Proactively drive the development and maintenance of good relationship with internal and external stakeholders at appropriate levels.
• Ensure close working relationship with the business, Regulatory/Business Compliance and FCC resources and ensure that there is a clear delineation of duties and responsibilities among various parties.

Processes:

• Coordinates and performs Branch Reviews and Reporting
• Prepare and send MI to Country, Head Compliance on the activities within the branch. 
• This includes reporting of trends and risks (both existing and emerging) for management actions and decisions

Risk Management:

• Adherence to laws and regulations, internal risk and compliance policies and the Group Code of Conduct
• Timely reporting and escalation of existing and emerging Compliance Risk issues
• Completion of all mandatory risk and compliance training including e-learning
•  Proactive identification and reporting of risks and concerns
• Mitigation of risks and resolution of issues in a timely manner including developing suitable controls and measuring their effectiveness

Governance:

• Provide oversight over the branch and ensure adherence to local, national and international laws and the requirement that the branch staff show integrity and honesty in all their dealings
• Propose compliance improvements, enhancements and simplifications where appropriate
• Assist in the implementation of the bank’s co-ordinated strategy for managing issues surrounding governance, enterprise risk and corporate compliance with regards to regulatory requirements
• Embed the Group’s values and code of conduct, to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture

Project / Change Management:

• Initiate or influence significant programmes of work in support of the regulatory compliance objectives
• Review new business requirements and provide solutions where required.

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
Internal:

• Regional Branch Managers
• Branch Managers
• Branch Operations Managers
• IS & IT personnel (local & group)
• Country Head of FCC
• Head, Retail Banking Business

External:

• Regulators
• Auditors

Other Responsibilities:

• Embed Here for good and Group’s brand and values in the branch
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualifications

• Academic qualification - Bachelor's Degree,
• Professional Qualification - Professional qualification in Compliance e.g ACAMS, ICN, CIN