Key Responsibilities
Strategy
• Responsible for operating various detective monitoring controls under second line compliance function, which are designed to detect potential instances of market abuse or other forms of market misconduct, through orders, quotes and trades, Private Banking suitability monitoring and Information Barrier monitoring
Business
• Awareness and understanding the 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
• Understanding booking practices and models to implement and refine analytics in the department
Processes
• This is an individual contributor role within Analytics team under Group Compliance Surveillance function.
• Collaborate with business and functional stakeholders to support the delivery of calibration requirements and advise accordingly on calibration matters.
• Maintain an effective document of calibration analysis including documenting clearly how thresholds proposal are derived and approved.
• Be responsible for updating calibration DOI and maintaining of calibration change log.
• Provide support to other team members for activities including requirements specifications, prioritization, UAT, regression testing, etc.
• Apply analytics 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.
• Participate in the scenario logic reviews, enhancements and lead the engagements with stakeholders for implementation. Also includes reviewing specification documents relating to scenarios.
• 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
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 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, Analytics, Data, Governance
• Other functions within the wider Compliance function e.g. Advisory, Assurance
• Strategy & Digital Transformation
• Business/ Front Office
• Technology
• Vendors
Other Responsibilities
Embed Here for good and Group’s brand and values in the team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures;
• Support 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 development can be achieved with higher quality and lower effort.
Skills and Experience
• Financial Markets (products, trade booking models, trade life cycle)
• Data and analytical skills
• Programming skills
• Statistics
• Project Management
• Agile / Scrum
• Written and communication skills
• Problem solving
• Collaboration
Qualifications
• Bachelor’s degree and 3-5 years of work experience in the financial industry, preferably in the market conduct / compliance / communications surveillance space.
• Proficient in MS Office Suite, e.g. MS Excel, Power Query; additional programming capabilities e.g. Python, VBA is advantageous
• Banking knowledge in terms of customers, products, transactions and operations
• Excellent communication in English (articulation and writing). Additional language capabilities e.g., Hindi/other Asian languages would be advantageous
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.