Director, compliance, financial markets conduct compliance job – standard chartered bank – 3188819 _ jobstreet


Operating within the global Financial Markets (“FM”) Compliance team based in Singapore, the successful candidate will play a significant role in assisting the Head of FM Conduct in leading and managing a specialized team focused solely on raising the bar against the bank’s conduct agenda.

The FCA has described Conduct as “one of largest contingent risks on a firm’s balance sheet.” After more than USD$235 billion in fines paid by large global banks for conduct related issues over the past 8 years, it would be difficult to point out a more substantive risk to a firm. Stock market future 2016 Regulatory expectations around conduct and the associated sanctions for mis-conduct have never been higher and more punitive as evidenced by the unprecedented fines and civil / criminal penalties handed down to the wholesale banking industry (LIBOR, FX Rigging, broad based mis-selling, Conflicts of Interest, Bribery and Corruption, et al) .

New regulatory frameworks will focus more holistically on conduct and depart from the more legalistic and prescriptive compliance led frameworks of the past. Peso to us dollar exchange rate today Accordingly, a more considered approach has to be on the table as option – if not an absolute requirement – to focus resources on a more risk based and intrusive way to identify, detect, and mitigate the risks that poor individual behaviour can manifest in the wholesale banking space.

Accordingly, this role entails substantial proactive investigative work which emanates from a variety of sources; including, regulatory driven remediation themes, senior management direction, the bank’s conduct framework, as well as a substantial book of work which is referred to the team through internal stakeholders (including Shared Investigative Services, HR, Audit, Senior Management, etc).

This Director level role will sit within FM Conduct Compliance team and will report directly to the Head of FM Conduct and will require the successful candidate to be wholly self sufficient and drive the generation, planning, delivery, and execution of the substantial book of work undertaken by this team

• Identify, aggregate, and interrogate existing conduct data captured across the Group, to identify potential trends or indicators of concern with regards to conduct.

• Driving change within the Bank’s FM business to enhance policies, processes and controls to minimize compliance and regulatory risk, benchmarking against best industry practice

• Assist in the coordination of the on-going book of work within the Bank’s Financial Markets business to adequately frame the conduct risks presented and document the approach taken to mitigate those risks

• Work with relevant stakeholders on various conduct themed end-to-end reviews of Financial Markets activity – to include: Preliminary fact-finding, identifying potential issues in relation to how the Bank is conducting its Financial Markets business activity

• Identification of changing regulatory trends or standards relevant to the Financial Markets business, partnering with relevant stakeholders in the across the function and the business, to understand business impact

• Good knowledge of both local and global (specifically UK) rules and regulations, emerging themes, and areas of increasing regulatory focus and attention – including, but not limited to the regulatory conduct agenda

• Excellent knowledge of more than one Financial Markets product or business type – for example very detailed knowledge and/or practical experience/deep understanding of more than one area within Financial Markets (FX, Fixed Income, Commodities, Equities, Treasury)

• Strong appreciation of the importance of proper standards of wholesale conduct within banking business and an understanding of how to identify and frame conduct risk related issues across the business

• Excellent oral presentation skills, including a proven track record of developing and delivering regulatory focussed training materials to large groups across multiple geographies.

• Ability to develop and enhance relationships across multiple stakeholders in various functional and geographic groups, including but not limited to FM business management, other Compliance functions, etc.

• Excellent written English with a proven track record of drafting policy, procedural, manual or operational documentation to a very high standard. Gender theories pdf This should include tracking and managing feedback from a broad range of stakeholders, and condensing into written documentation of an exceptionally high standard and in a concise and practical written style (strong excel, word, and power point skills would be advantageous).

• Ability to consider matters from an end-to-end perspective, including looking at conduct related matters from the initial policy statements, more detailed procedural aspects, training requirements, assurance testing and monitoring

• Ability to work independently, within a team and with appropriate supervision, with a desire to deliver results. Futures market today Self-motivated and self-reliant with genuine desire to get things done and to do it right, as well as the ability to provide practical and effective advice. Canadian dollar to us exchange rate Being able to accept challenge and change, listen to the other point of view and adapt your approach accordingly is essential.

Standard Chartered is committed to diversity and inclusion. Decimal to binary encoder We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. Equity futures meaning By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.