Standard Chartered India | Director, Compliance and Conduct Risk Assurance

Responsibilities

• This position can be based in GBS India, GBS Kuala Lumpur, and GBS Poland.
• The primary role of Assurance is to provide a risk-based independent view to Senior Management in the business/functions, Second Line and the Board as to the effectiveness of the bank’s policies, processes, systems and controls.
• The incumbent will lead the Bank’s Compliance and Conduct Risk Assurance function and oversee all Assurance reviews covering the Compliance and Conduct Risk Assurance portfolio and will sit on respective Compliance and Conduct Risk Management Teams.
• Proactively engage with stakeholders to ensure that relationships are trusted such that the team voice is respected at the most senior level.
• Work with Head of Financial Crime Assurance to ensure coverage of the Bank’s compliance risks and other key risks and controls, both by risk taxonomy and process.
• Drive a culture of continuous improvement in delivery of the Assurance mandate, including by leveraging data and technology throughout the team.
• Provide oversight of the assurance book of work to ensure alignment to Bank’s Compliance and Conduct Risk Assurance priorities.
• Drive business enablement through delivery of risk based, insightful, value add Assurance products.
• Ensure relevant Risk & Compliance and Conduct Risk Assurance processes embed collaborative working across all three LODs.
• Ensure Risk & Compliance and Conduct Risk Assurance operates within all relevant Group Policies and Standards.
• Manage Risk & Compliance and Conduct Risk Assurance resources in GRS in line with intra-group agreements.
• Manage the budget associated with the Risk & Compliance and Conduct Risk Assurance function.
• Build, manage, coach and develop a team of quality assurance professionals, balancing locations, skills and competencies to position the Bank as an industry leader in the eyes of regulators and industry stakeholders.
• Provide functional leadership and subject matter expertise for regulatory inspections, internal fora and relevant external bodies.
• Lead and develop a high-performing assurance team with expertise in data analytics, technology, and traditional audit methodologies.
• Design, deliver and execute a risk-based assurance plan informed from the underlying risk assessments and connecting to the Enterprise Risk Framework principles.
• Provide oversight, challenge, and review of material attestations to provide confidence that the Bank’s responses are factually accurate and backed by evidence.
• Manage and maintain a risk-based plan to focus Assurance on areas of highest risk.
• Communicate complex risks, issues and testing insights precisely and effectively to stakeholders and regulators as required.
• Provide appropriate governance and oversight over the delivery of the Compliance Assurance mandate.
• Act as delegate for the Global Head of Assurance at governance forums, including presenting papers and raising key issues, as required.
• Provide reports to relevant Group and Business risk and control committees and management group on key risks and issues.
• Perform other responsibilities assigned under Group, Market, Business or Functional policies and procedures.
• Conduct internal investigation in rare circumstances where the both the Shared Investigative Services team and Compliance Speaking-up team are both implicated in an investigation.
• Execute director responsibilities to entities where appointed as a Director, to ensure effective oversight and governance in line with local laws and the Group’s polices and risk frameworks.

Requirements

• Proficiency in Tech, AI/ Automation.

Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa and the Middle East. It was formed in 1969 through the merger of Standard Bank and The Chartered Bank.

Its Indian global business services centres hire finance professionals for financial control, stress testing, regulatory reporting, tax and risk roles.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Present in India for over 150 years, with global business services centres in Bengaluru and Chennai