Associate Director - CPBB CFCC Advisory (Channels)

Job Description

*Role Responsibilities
• Responsible for supporting Head, CPBB CFCC Advisory in India for matters pertaining to Channels (Advisory support to Operations, Depository License business for CPBB). Knowledge of FEMA regulations other than Banking and Depositories regulations will be an added advantage.
• Responsible for providing details of developments relating to OPERATIONS (Liability, Assets, Payments, Fraud), Depositories (NSDL, CDSL) compliance and conduct, giving rise to a material risk that serious regulatory breaches or breaches of country risk appetite metrics may occur and notifying any such breaches to (as appropriate):
  • Head, CPBB CFCC India
  • the relevant Heads of Business
• Responsible for providing details of developments in financial crime risks in the relevant areas, giving rise to a material risk that serious regulatory breaches or breaches of country risk appetite metrics may occur and notifying any such breaches to (as appropriate):
• Head, CPBB CFCC India
Business
• Ensure that key changes (to laws, rules, regulations) pertaining to relevant areas are communicated and cascaded (incountry),
• Ensure appropriate advice is provided to the relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to relevant areas CFCC.
Processes Support Head CPBB CFCC India in review and approval of appropriate policies/processes/DOls to address CFCC risks related to relevant areas, aligning them with relevant regulatory requirementsPeople and Talent
• Practice appropriate culture and values. work in collaboration with risk and control partners.
Risk Management
• Support Head CPBB CFCC India in identifying and assessing sources of related regulatory risks and ensure that systems and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels. Report on material regulatory, CFCC risks pertaining to relevant areas.
• Maintain track of risk mitigating action plans.
• Inform Head CPBB CFCC India serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
Governance
• Support Head CPBB CFCC India in oversight of the relevant area of CFCC function in India. including the various Group CFCC frameworks and programmes within India.
• Ensure lessons learned from audit findings, CFCC assurance activities and specific investigations are prepared and cascaded to relevant stakeholders.
Regulatory relationships
• Support Head CPBB CFCC India in managing regulatory inspections pertaining to relevant area.
Regulatory & Business Conduct
• Display exemplary conduct and live by the Groups 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 the CPBB CFCC team to achieve the outcomes set out in the Banks Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment
• Support Head CPBB CFCC India in effectively and collaboratively identifying, escalating, mitigating and resolving risk on relevant CFCC matters.
Exclusions For clarity areas of control and oversight excluded from responsibility include:
• fraud-prevention;
• BCP/ crisis management;
• conduct of business matters outside relevant areas;
• first line assurance (except for processes owned by CPBB CFCC pertaining to relevant areas second line rules based assurance activity of any process not directly related to regulatory risk;
• all prudential related matters.
Key Stakeholders
• Relevant Businesses and Functions, India
Other Responsibilities
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures .
About Standard Chartered Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve 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 youre 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 cant 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, youll 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 youve 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.Visit our careers website www.sc.com/careers ,

Keyskills :
human skillsreportingadvisorycustomer relationscrisis managementcompliancefinance