Associate Director, Regulatory Identification Unit Cluster

Associate Director, Regulatory Identification Unit Cluster

2 weeks ago Be among the first 25 applicants Job Summary Leading a team to support managing regulatory change activities in countries within RIU scope. Understanding the Bank’s Risk Taxonomy, Bank Policies and Standards, the impact regulatory developments have on these, lead a team performing high level applicability assessments of regulatory developments on the Bank and allocating these to the correct impacted stakeholders through a workflow tool or manual process. Coordinating across all RIU clusters of countries to ensure process efficiency and effectiveness. Supporting the RIU Director in executing strategic initiatives and achieving RIU objectives. Key Responsibilities This is a newly created role for 2025 within the Risk and Conduct, Financial Crime and Compliance (CFCC) COO team as an Associate Director, Regulatory Identification Unit reporting to Director, Regulatory Identification Unit (RIU). The RIU’s mandate is to provide centralized horizon scanning for Risk and CFCC regulatory developments and changes, and initial curation of regulatory content to RCT, Policy Owners / Standard Owners and Country CFCC Teams, for an agreed list of key regulatory authorities for countries within RIU scope. The Associate Director, RIU has accountable oversight of the day-to-day operation of the RIU, management of operational performance and resolution of issues as required. This role holder is responsible for coordination of RIU operations across all clusters of countries within the RIU scope. They also work closely with the GPO delegates on the ongoing refinement of the horizon scanning process and system. In accordance with the Risk and CFCC regulatory change target-state and remediation, the responsibilities of this role is to support Director, Regulatory Identification Unit to implement the strategy, define the process and operating model across relevant frameworks and RIU improvement initiatives to develop effective solutions and maximize operational effectiveness. This is a new role being created and the role and responsibilities may evolve as and when the tools / process mature. This role is expected to adopt effective agile process of managing the RIU This role holder MUST have the ability to work independently and manage multiple priorities Strategy Collaborate with and support the Director, RIU in managing the delivery of the BAU Process and Controls of the RIU. Ensure alignment and clear communication throughout the delivery of work assigned as part of Reg to Policy initiatives RIU goals and strategic tasks are communicated and cascaded to team members in their area of responsibility. Business Identify external regulatory change and changes to the Bank’s business model on a timely basis to ensure the right stakeholders are able to act on the changes. Oversee RIU Managers and management of the team’s operational performance and resolution of issues as required. Act as a key contact point for relevant RIU matters Processes Lead a team of RIU Managers to perform horizon scanning and initial curation of regulatory content published by key regulatory authorities Guide RIU Managers in assigning Principal Risk Type (PRT) and Risk Sub-Type (RST) for publications deemed applicable to SCB and assign a priority based on regulatory authority and publication type Identify and assess all laws, rules and regulations to which SCB is subject, across its key PRTs with the aid of a vendor product Support RIU Manager to disseminate necessary assessment and impact information by assigning and recording ownership of regulatory publications using an agreed allocation matrix Coordinate RIU operations across all clusters in the RIU scope and deliver BAU to drive operating efficiency and effectiveness Responsible for ongoing refinement of horizon scanning process in response to stakeholder and user feedback Maintain, agree and drive periodic review of exceptions as part of Service Level Agreement (SLA) & RIU Memorandum of Understanding (MoU) to ensure continued accuracy Review and resolve allocation disputes arising from day-to-day activities Escalate significant risks and issues to the Director, RIU Support Director RIU to report significant regulations and overdue regulations to country risk committees People & Talent Uphold and reinforce the independence of the Risk and CFCC function from those whose primary responsibility is to maximize short term revenues and profits. Promote a culture of openness, trust, and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm. Promote the culture and practice of Risk and CFCC standards and embed a Here for good culture and the Group Code of Conduct. Responsible for building a culture of good conduct. Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the Group. Risk Management Act quickly and decisively when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated to management and through relevant committees. Escalate serious regulatory breaches or where risk appetite has been breached to senior management for regulatory notification as appropriate. Ensure proactive and timely dissemination of regulatory changes / practices and associated risks, and proactive engagement in regulatory reform. Governance Support Director, RIU to provide meaningful aggregated MI / analytics for regulatory identification, horizon scanning, dissemination visibility, implementation, insights and proactive decision making. Ensure appropriate and timely escalations occur to the relevant governance committees (RCOF, GNFRC, Regional and Country Business Risk Committees). 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 the Group. Effectively identify, escalate, mitigate and resolve relevant risk matters. Lead on relevant CFCC Outreach priorities. Key Stakeholders Risk and CFCC Regulatory Change Team Risk and CFCC Risk Owners and Policy Owners Risk and CFCC Advisory Global Head, Risk Services, Risk and CFCC Technology & Innovation Skills And Experience Minimum of 8 - 12 years of experience within Banking or Financial Services Knowledge in Risk management, Regulatory Compliance is required Experience in managing complex project and stakeholders Knowledge of regulatory identification and change management requirements Understanding of agile ways of working and delivering transformation Strong data management, analytical and MI design and production skills Strong interpersonal, relationship building, and influencing abilities Ability to collaborate and work dynamically across a broad range of stakeholders Ability to manage geographically dispersed stakeholder base with multi-cultural awareness and sensitivity Multi-lingual capability (a good to have) Highly disciplined and structured with an outcome orientated mindset and approach Exemplary integrity, ethics, independent and resilience Has experience in managing individuals and teams in operational and project environments About Standard Chartered We’re an international bank with a long-standing commitment to ethical standards and inclusion. For more information, we welcome your interest. What We Offer Competitive salary and benefits to support wellbeing. Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits where available. Generous leave and flexible working options. Wellbeing support, development opportunities and a culture thatvalues diversity and inclusion. Seniority level

Director Employment type

Full-time Job function

Legal Industries Banking

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