Senior Manager, Regulatory Compliance, Risk

Year    Bangalore, Karnataka, India

Job Description


About Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Role Responsibilities

The role holder will be a part of the Risk Governance Hub in Bangalore India and support the Risk function to ensure regulatory compliance activity is established and well managed. The objective of this role is to establish a sustainable process to regularly review, challenge and record regulatory compliance of Risk-owned obligations in the PCF, on behalf of PCF Chapter Owners in Risk. The role holder may be involved in coordination of periodic PCF attestations, other regulatory attestations/submissions or regulatory change management activities.

The role holder will work in close alignment with a dedicated onshore manager that covers content driven topics and senior stakeholder management, and become part of the Enterprise Risk Management (ERM) operational effectiveness team.
  • Develop annual review and challenge plan for coverage of all PCF regulations owned in the Risk function
  • Ensure Chapter Owners select their panelists (including subject matter experts) for review and challenge forums
  • Communicate annual PCF review and challenge approach and responsibilities to participants
  • Coordinate and host all PCF review and challenge sessions
  • Record observations, comments or actions at the PCF review and challenge sessions
  • Provide periodic updates to the Regulatory Interpretation Committee on the PCF review and challenge process
  • Design, support and manage tools used for the PCF attestation (for example, use of Jira in ERM)
  • Work with Technology teams to provide inputs and BRD for strategic PCF automation initiative; participate in proof of concept reviews and workshops with vendors
  • For ERM-owned regulatory obligations, track actions undertaken to mitigate, reduce or contain the identified regulatory risks
  • Support any adhoc MI generation and reporting as required from time to time
  • Provide support to continuously improve the operational efficiency and effectiveness of regulatory compliance processes in the Risk function
  • Participate in team building and various other activities as part of the GBS team (various local initiatives) from time to time in Bangalore.
Key Stakeholders

Internal
  • Owners of relevant regulatory obligations
  • Operational Effectiveness team
  • Members of ERM Management Team
  • Risk Framework Owners, Policy Owners and Global Process Owners
  • Country CRO, RFO, Governance teams
  • Regional CRO and governance teams
  • Internal Audit \xe2\x80\x93 Functions
  • Group Operational Risk, Group COO and other business COOs
Other Responsibilities
  • Embed Here for good and Group\xe2\x80\x99s brand and values.
Governance
  • Ensure that outcomes delivered, including necessary controls are fit for purpose and meet regulatory requirements.
  • Ensure the Bank\xe2\x80\x99s risk governance disciplines are adhered with.
Regulatory & Business Conduct
  • Display exemplary conduct and live by the Group\xe2\x80\x99s 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.
Our Ideal Candidate
  • 10 - 12 years of strong experience in Risk Management and credit-related regulations, in particular from leading financial regulators in the UK and Europe (e.g. PRA, EBA, etc).
  • Experience with delivery of a large and complex process, preferably in regulatory compliance, with a track record of contribution to continuous improvements.
  • Experience in agile methodologies, working in a collaborative role and coordinating with multiple stakeholders.
  • Experience in collecting and analysing data to identify common themes or issues for insights, reporting and remediation.
  • Strong communicator, in particular written communications in English.
  • Ability to explain complex matters in simple and intuitive terms.
  • Ability to track and report progress updates of multiple areas against milestones and highlight key issues.
  • Collaborative; working as part of a broader team to ensure a coordinated and consistent approach.
  • Able to work with tight deadlines and multiple demands, and with minimal direction
  • Demonstrate understanding of and commitment to the Group\'s core values.
  • Ownership mindset, able to think creatively and be open to new ideas.
  • Attention to detail.
  • Proactive, problem-solving, helpful.
  • Strong experience in MS Outlook, Word, Excel, Power Point.
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Standard Chartered

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Job Detail

  • Job Id
    JD3024370
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bangalore, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year