Director, Compliance, CIB Trade Surveillance Analytics

Employer
Standard Chartered Bank
Location
Singapore, Singapore
Salary
Competitive
Posted
Sep 18, 2020
Closes
Sep 30, 2020
Ref
8463653
Job Function
Compliance/Regulatory
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

Strategy
•Lead key strategic compliance surveillance processes including scenario development, scenario amendment and using advanced analytics for surveillance activities.
•Work on the location strategy and staffing for the compliance surveillance data and analytics team

Business
•Awareness and understanding of various market abuse regulations globally in which the Group operates. Understanding the Group's business strategy as well as Compliance mandate in supporting the business.
•Build and maintain an effective and constructive relationship with all key business and functional stakeholders to enable the business and functions to meet/ achieve their strategic tactical objectives.
•Understanding booking practices and models to implement and refine analytics in the department

Processes
•Build and mentor multi-geography team for scenario development and new generational analytics for compliance surveillance analytics
•Develop newer analytics methods to better enhance scenario alerts generation through feedback and collaboration with the various teams, including but not limited to quantitative methods such as statistical, numerical analysis of data, or computational techniques.
•Lead scenario logic reviews, enhancements and lead the engagements with stakeholders for implementation. Also includes reviewing specification documents relating to scenarios and reviewing scenario code developed by ITO team.
•Strong understanding of the Delta Surveillance, the primary application used by the department and provide strategic direction for the new application development.
•Define new scenarios and lead the enhancements within Delta Surveillance
•Provide leadership and direction to various technology projects and involvements in requirements specifications, prioritization, UAT, regression testing, etc.
•Pro-active identification of risks and concerns, including escalation to all relevant stakeholders
•Timely mitigation and resolution of risks and issues, establishments of effective controls, in collaboration with all relevant stakeholders.
People and Talent
•Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with technology, risk and control partners.
•Partner with technology in building up the Ensure the provision of ongoing training and development of people, and ensure that team members are competent, suitably skilled and qualified for their roles to mitigate relevant risks.

Risk Management
•Identify key issues of the workstreams assigned and work towards resolving, if not escalating where required
•Collaborate with other teams to ensure risks are comprehensively identified, assessed and managed.
•Support all control checks approved by Operational Risk Framework (ORF) & be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework
•Comply with and adhere to relevant risk management policies

Governance
•Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role
Regulatory & Business Conduct
•Display exemplary conduct and live by the Group's 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, internal risk and compliance policies and the Group Code of Conduct.
•Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders
•Other teams within Compliance Surveillance: Monitoring, Controls, Data Quality and Projects
•Other functions within the wider Compliance function e.g. Advisory, Assurance
•Business / Front Office

Other Responsibilities
•Lead the delivery of key priorities and initiatives aligned to the Surveillance Compliance scorecard
•Keeping people advised about important developments that may affect them and how they work.
•Continually raising the bar on standards of performance.
•Taking ownership of issues and be willing to work across organizational boundaries and structures i.e. horizontally and vertically.
•Taking a bigger picture view - what delivers the best overall benefit for the team or the Bank.
•Identifying ways in which automation can be achieved to reduce manual effort and errors.
•Be updated and provide thought leader for the latest developments in the regulatory technology space.

Our Ideal Candidate
•Relevant industry memberships e.g. CFA, FRM etc are a plus
•Project management experience
•Programming in q/kdb+
•Programming in Python
•Data and analytical skills
•Statistics
•Financial Markets (products, trade booking models, trade life cycle)
•Project Management
•Agile / Scrum
•Written and communication skills
•Problem solving
•Collaboration

Qualification:
•Bachelors/Masters in Engineering/ Computing/Statistics/Mathematics/FRM Degree

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages. We welcome conversations on flexible working.