Analyst Conduct Financial Crime And Compliance (“Cfcc”) Advisory Sc Ventures Jobs

Standard Chartered

Job Brief

We have a vacancy of Analyst Conduct Financial Crime And Compliance (“Cfcc”) Advisory Sc Ventures in our company, Standard Chartered. This vacancy is based in Singapore. Please go through the job detail mentioned below.

Position Title: Analyst Conduct Financial Crime And Compliance (“Cfcc”) Advisory Sc Ventures
Company: Standard Chartered
Work Type: Full Time
City of work: Singapore
Salary: Salary detail is not available
URL Expiry: 2022-09-02
Posted on: https://sg.jobsoffices.com

Job Detail

Job
: Compliance
Primary Location
: Asia-Singapore
Schedule
: Full-time
Employee Status
: Permanent
Posting Date
: 10/Jun/2022, 2:10:02 AM
Unposting Date
: 11/Jun/2022, 5:59:00 PM

About SC Ventures

SC Ventures (“SCV”) was established in 2018 with the purpose of “Rewiring the DNA in Banking” by bringing three distinct areas together:

  • The eXellerator Lab, enabling innovation at large in the Bank by supporting intrapreneurs and their ideas, collaborating with fintech’s through the SCV Fintech Bridge and engaging with clients and co-creation ideas
  • The Investment Fund (“Fund”), tasked to acquire minority stakes in fintech companies (“fintechs”) whose technology has been successfully validated in the Group
  • Venture building, with the objective of exploring new business models (“ventures”), in the way it engages existing new customers and markets.

There are c.65 team members (excluding individual ventures), including dedicated colleagues from the Group’s support functions, based in Singapore, Hong Kong, Shanghai, Nairobi, London and San Francisco.

Job Description

Assist in the business compliance coverage of SCV and keep abreast of the key CFCC considerations and key horizon risks relevant to Standard Chartered Bank’s SCV businesses across its footprint.

Business

  • Understand the Group’s business strategy as well as CFCC mandate
  • Develop an understanding of the business model and strategy in order to provide required oversight support and challenge to enable appropriate and sustainable CFCC outcomes.
  • Apply understanding of financial instruments and client segment and relevant CFCC policies and standards e.g. Client Due Diligence, Offboarding, Appropriateness Standards to support risk management activities and enable decision making from a risk perspective

Processes

  • Apply risk and data analytics tools/techniques to enhance risk identification and management capabilities within CFCC
  • Be involved in the development of compliance and financial crime related monitoring and conduct metrics to enable the CFCC function to analytically assess and anticipate potential risks.
  • Timely mitigation and resolution of risks and issues as they arise, establishing effective controls in collaboration with relevant stakeholders
  • Participate in CFCC technology projects, including support the development of business requirement documents, UAT, regression testing, etc.
  • Support the governance and oversight over the implementation of CFCC related policies and procedures with respect to SCV to enable compliance with such policies and standards
  • Manage and analyse SCV relevant data. This includes the identification of data related issues, challenges and opportunities, and data analysis associated with the execution of CFCC frameworks such as Compliance Risk Assessment, Group Risk Assessment and Conflicts of Interest
  • Maintain adequate Management Information (“MI”) across CFCC Advisory, and where applicable across the wider CFCC Advisory, ensuring key issues and matters are tracked, regularly assessed, and reported on.
    • Monthly submissions on progress update for each deliverable, highlighting the issues and concerns, ensuring that that decisions are made in a timely manner.
    • Work with each accountable person to facilitate the timely delivery of their milestones

Governance

  • Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role
  • Support the CFCC CCIB & EA BPM in the collation and management of the CFCC SCV information. This includes but is not limited to the generation of the report and coordination of updates

Regulatory & Business Conduct

  • Effectively and collaboratively identify, escalate, mitigate, and resolve risk and compliance matters.
  • Analyse and identify breaches and issues from Country and Regional Business teams and ensure that they are highlighted to the relevant Conduct and Supervisory Forums and Non-Financial Risk Committees

Other Responsibilities

  • Support the delivery of key priorities and initiatives aligned to the CCIB CFCC Advisory scorecard
  • Support the wider CFCC Advisory, as appropriate, to facilitate the day-to day running of the function, including generation of progress reports for CFCC Advisory Management review
  • Manage the secretariat of relevant committees for effective delivery of requirements of terms of references (TORs)

Requirements

  • Good grasp of Excel and PowerPoint
  • Adaptable and detail oriented
  • Team player with strong inter-personal skills, effectively managing multiple stakeholders
  • Comfortable working with data; ability to derive conclusions based on analysis of multiple data sets
  • Good communication and writing skills
  • Intermediate problem solving and basic project management competence
  • Foundational knowledge of the role of Risk and Compliance functions with a good understanding of banking and more specifically.

Learning Outcome

  • Exposure to the SCV business and processes, and ways of working within SCV CFCC Advisory
  • Exposure to key regulations applicable to SCV and the regulatory backdrop under which SCV operates
  • Develop an appreciation of CFCC-owned principal risk types, risk frameworks and data relevant to SCV, to facilitate risk identification and management.
  • Develop core analytical and technical skills through the application of relevant risk frameworks, business and product knowledge learnt to data analysis, scenario analysis and risk identification

To apply for this job please visit scb.taleo.net.

Job Location