Manager, CCIB Regulatory Change

JOB SUMMARY

• The CIB Regulatory Initiatives Team sits within COO for the Corporate, Commercial & Institutional Banking (CCIB) business.
• The team provides CIB with capabilities to drive regulatory programs and initiatives across the CIB businesses and often pan-bank, working in an agile operating model with each segment and product area. Such regulatory programs and initiatives may include:
• Implementation of foundational capabilities for regulatory change management;
• Internally-driven programs supporting the management of regulatory interactions and change (for example, how we engage with our regulators and track resulting regulatory actions and commitments);
• Complex/Large Scale Regulatory Change;
• Material Policy changes;
• Changes resulting from topical strategic risks.
• Due to the nature of these programs and initiatives, the team supports not only the CIB Business but also collaborates and engages across other divisions in the Bank to ensure delivery.
• The CIB Regulatory Initiatives Team enables proactive impact assessment of regulatory initiatives and requirements, coordinates the approach and interpretation across businesses; and partners with business and technology teams to implement solutions in a consistent and coordinated manner.
• The team is currently working on the embedment of a pan-bank baseline operating model for managing regulatory change as part of the cross-functional Managing Regulatory Change ("MRC"), a collaboration across First Line of Defence ("1LOD") and Second Line of Defence ("2LOD") teams. The target operating model will address inconsistencies in managing regulatory change, and for example, standardise the approach to managing the Bank's regulatory engagements and actions/ commitments with our regulators.
  • The role will primarily work closely with the Head of Regulatory Process & Governance to support the setup of the first line MRC Risk and Control framework, along with managing business analysis and change management requirements within the CIB Regulatory Initiatives portfolio.
  • The role presents an exciting opportunity to work across a diverse range of risk areas and all aspects of the CIB business, including interaction with 1LOD and 2LOD teams. The role will support the Bank in delivering against and complying with applicable regulations and/or regulatory actions, to effectively manage our risks across geographies.

RESPONSIBILITIES

Business and Process

Process Governance:

• Drive process effectiveness measures by constant engagement with first line businesses & functions' leads.
• Process owner support for areas like Risk and Control Framework maintenance.
• Support design and implementation of the target operating model around Regulatory Breach Management Process.
• Engagement in test areas & socialization forums where process impact is identified.
• Support automation and system integration efforts for the first line Regulatory Change Process.
• Process Owner support for areas like Risk and Control Framework maintenance, RRA, RCSA, and periodic testing.
• Engage with ERM in policy/standard consultation, impact assessment, and feedback where impact on 1LOD MRC process is identified.
• Collaborate with CIB business change teams to achieve common interpretation, understand business-specific impacts, and identify any conflicting areas in establishing a common framework for regulatory change delivery.
• Collaborate with Risk Framework Owners (RFOs) to translate high-level policies into actionable, risk-based business journey control standards across the CIB businesses.

Business Implementation & Delivery

• Co-ordinate and deliver business-wide review initiatives and project-based activity focused on specific non-financial risks across the business areas within the overall CIB business.
• Work collaboratively with 2LoD functions and Standard Owners to provide ongoing feedback on the refinement of these and help manage the effective implementation of these across CIB.
• Oversee project implementation and delivery activities, working alongside technical delivery teams.
• MRC Azure Dev Ops Support in terms of regulatory change data dissemination, periodic progress tracking to ensure overdue escalation and closure of regulatory change.
• Assist with PMO tasks associated with any ad-hoc projects.
• Document repository maintenance and periodic report generation for relevant forums.
• Execution of periodic tests/ KCI /KRI output generation.

Our Ideal Candidate

• 8+ years of financial services experience in process governance and risk management.
• Bachelor's Degree in Finance or any equivalent.
• Strong relationship building and management and ability to engage stakeholders at different levels of seniority.
• Strong influencing and communication skills - oral, written & presentation.
• Demonstrates understanding of and commitment to the Group's core values.
• Hands-on experience working on ADO, Clarity or equivalent.
• Should have knowledge of CIB business segments and product areas. Knowledge / experience with regulatory change/implementation is an advantage.
• Strong problem-solving and analytical skills.
• Multicultural awareness.

Qualifications

• Education: Graduate / MBA (optional).
• Training: Minimum 7-10 years of hands-on experience in project/programme management and stakeholder management in financial services.
• Certifications: PMP certification or equivalent.
• Risk management certification e.g., CRMP or equivalent.
• Agile certification.
• Awareness of IT best practices/IT service delivery frameworks e.g., ITIL.

Role Specific Technical Competencies

• Managing Change.
• Project Management.
• Business Analysis.
• Effective Communications.
• Analytical Thinking.
• Regulatory & Compliance.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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.
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term.

What we offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months maximum), and volunteering leave (3 days), along 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.