Compliance Lead - SCVentures (Crypto Venture)
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
• Design and provide input to the overall governance structure for the entity from a CFCC perspective.
• Liaise with regulators, internal and external auditors and bank on CFCC matters
• Develop and manage the compliance framework
• Implement and perform compliance monitoring/surveillance programmes
• Develop applicable compliance policies and procedures and ensure they are aligned with regulatory requirements
• Coordinate and drive the entity AML/CFT risk management and control process
• Keep abreast of regulatory developments and advise the management on their impact on the business
Detailed responsibilities
Regulatory Liaison and Relationship
• Key liaison contact person with the relevant regulators.
• Build, manage and maintain effective relationship with the relevant regulators
Controls Development and Implementation
• Develops Compliance policies and procedures applicable to the business.
• Assists in the development and enforcement of product standards and controls.
• Participate in strategic initiatives of the company
• Works collaboratively with the business and relevant risk functions.
Product and business advisory work
• Provide CFCC (Compliance, Financial Crime and Conduct) coverage and advice to the business.
• Identify material regulatory and reputational risks in the business.
• Anticipate and assess key regulatory and product risk trends in the business for management consideration and drive the development and implementation of appropriate risk mitigation measures.
• Review and provide compliance inputs on processes designed by the Business to ensure compliance with regulatory requirements and the company's policies.
• Undertake continual assessment of regulatory risks associated with new/ existing products and markets.
• Approve new products and new business initiative (as relevant).
• Review and approve of new deals / transactions (as relevant).
• Assists in management and implementation of the product compliance coverage framework and in the preparation and distribution of management information in relation to the product compliance coverage.
• Research changes in regulations and assess any impact/implementation action to be taken on/by the business together with the relevant subject matter experts
Monitoring/Reporting
• Prepares papers/ reports for the relevant governance bodies.
• Ensures timely escalation of incidents, control breaches to relevant stakeholders - senior management in Compliance, Business management, local country management and other risk stakeholders.
Governance
• Establish and maintain appropriate risk based compliance frameworks for identifying, assessing, managing, monitoring, mitigating and reporting compliance risks across the business.
• Develop and recommend (for approval by the relevant Risk Committee), appropriate compliance policies and procedures.
• Ensure appropriate product governance measures are in place so that product approval documents reflect all relevant regulatory requirements.
Regulatory & Business conduct
• Display exemplary conduct and live by the company's Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the company. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Other Responsibilities
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures (as applicable).
Our Ideal Candidate
Technical Knowledge
• Possesses core technical knowledge in laws and regulations applicable to the business.
• Has a core grasp of the sales and transactional activities of the business, its operating model, and its key risks with emphasis on the role of a Custodian.
• Understanding of the regulatory risks relevant and associated with the provision of the product offering.
Compliance skills
• Core knowledge in risk identification, risk assessment, controls development, training, monitoring and reporting.
• Core experience, shown by demonstrable achievements in the above areas.
Leadership skills
• Ability to partner with other senior business and risk function management.
Analytical skills
• Core ability to analyse relevant laws and regulations and co-relate regulatory issues to products and business models.
• Core ability to identify and articulate compliance issues, and to make clear decisions / recommendations in their regard.
Communications and client management skills
• Ability to engage with key regulators (UK / EU / SG / HK / US) and government bodies.
• Core 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 lead discussions around complex problems with relevant stakeholders.
• Ability to drive the compliance agenda with the rest of the entity.
Personal Attributes:
• Systematic and logical with strong analytical problem-solving skills
• Ability to deal with granularity of issues
• Delivery of high quality work, in a limited amount of time
• Keen eye for detail.
• Able to multitask, prioritize, and meet deadlines.
• Strong collaboration skills, especially with business and technology partners.
• Ability to handle sensitive material responsibly and is trustworthy with sensitive information.
• General understanding of the market conduct environment, but demonstrating a strong interest and appreciation in this area.
• Ideally possesses interests and an understanding of the digital assets space.
Apply now to join the Bank for those with big career ambitions.
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
• Design and provide input to the overall governance structure for the entity from a CFCC perspective.
• Liaise with regulators, internal and external auditors and bank on CFCC matters
• Develop and manage the compliance framework
• Implement and perform compliance monitoring/surveillance programmes
• Develop applicable compliance policies and procedures and ensure they are aligned with regulatory requirements
• Coordinate and drive the entity AML/CFT risk management and control process
• Keep abreast of regulatory developments and advise the management on their impact on the business
Detailed responsibilities
Regulatory Liaison and Relationship
• Key liaison contact person with the relevant regulators.
• Build, manage and maintain effective relationship with the relevant regulators
Controls Development and Implementation
• Develops Compliance policies and procedures applicable to the business.
• Assists in the development and enforcement of product standards and controls.
• Participate in strategic initiatives of the company
• Works collaboratively with the business and relevant risk functions.
Product and business advisory work
• Provide CFCC (Compliance, Financial Crime and Conduct) coverage and advice to the business.
• Identify material regulatory and reputational risks in the business.
• Anticipate and assess key regulatory and product risk trends in the business for management consideration and drive the development and implementation of appropriate risk mitigation measures.
• Review and provide compliance inputs on processes designed by the Business to ensure compliance with regulatory requirements and the company's policies.
• Undertake continual assessment of regulatory risks associated with new/ existing products and markets.
• Approve new products and new business initiative (as relevant).
• Review and approve of new deals / transactions (as relevant).
• Assists in management and implementation of the product compliance coverage framework and in the preparation and distribution of management information in relation to the product compliance coverage.
• Research changes in regulations and assess any impact/implementation action to be taken on/by the business together with the relevant subject matter experts
Monitoring/Reporting
• Prepares papers/ reports for the relevant governance bodies.
• Ensures timely escalation of incidents, control breaches to relevant stakeholders - senior management in Compliance, Business management, local country management and other risk stakeholders.
Governance
• Establish and maintain appropriate risk based compliance frameworks for identifying, assessing, managing, monitoring, mitigating and reporting compliance risks across the business.
• Develop and recommend (for approval by the relevant Risk Committee), appropriate compliance policies and procedures.
• Ensure appropriate product governance measures are in place so that product approval documents reflect all relevant regulatory requirements.
Regulatory & Business conduct
• Display exemplary conduct and live by the company's Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the company. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Other Responsibilities
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures (as applicable).
Our Ideal Candidate
Technical Knowledge
• Possesses core technical knowledge in laws and regulations applicable to the business.
• Has a core grasp of the sales and transactional activities of the business, its operating model, and its key risks with emphasis on the role of a Custodian.
• Understanding of the regulatory risks relevant and associated with the provision of the product offering.
Compliance skills
• Core knowledge in risk identification, risk assessment, controls development, training, monitoring and reporting.
• Core experience, shown by demonstrable achievements in the above areas.
Leadership skills
• Ability to partner with other senior business and risk function management.
Analytical skills
• Core ability to analyse relevant laws and regulations and co-relate regulatory issues to products and business models.
• Core ability to identify and articulate compliance issues, and to make clear decisions / recommendations in their regard.
Communications and client management skills
• Ability to engage with key regulators (UK / EU / SG / HK / US) and government bodies.
• Core 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 lead discussions around complex problems with relevant stakeholders.
• Ability to drive the compliance agenda with the rest of the entity.
Personal Attributes:
• Systematic and logical with strong analytical problem-solving skills
• Ability to deal with granularity of issues
• Delivery of high quality work, in a limited amount of time
• Keen eye for detail.
• Able to multitask, prioritize, and meet deadlines.
• Strong collaboration skills, especially with business and technology partners.
• Ability to handle sensitive material responsibly and is trustworthy with sensitive information.
• General understanding of the market conduct environment, but demonstrating a strong interest and appreciation in this area.
• Ideally possesses interests and an understanding of the digital assets space.
Apply now to join the Bank for those with big career ambitions.