• Negotiable
  • Hong Kong
  • Permanent, Full time
  • Standard Chartered Bank Hong Kong
  • 29 Jan 18

Director, Compliance, Global Regulatory Reform

  • Location: Hong Kong
  • Salary: Negotiable
  • Job Type: Full time

To lead and/or support regulatory reform initiatives by delivering a complete, relevant and timely service (including reform identification, communication, advocacy and interpretation and implementation) to all Bank stakeholders at every stage of the regulatory and business lifecycle.

Identify, assess and advise on allocated regulatory reforms

  • Provide advice on allocated markets and conduct regulatory reforms include, but not limited to: conduct and capital markets reforms across the ASEAN and GCNA regions, with focus on the two SCB regulators (SG and HK). Participate in and contribute to work related to global and extraterritorial regulations in APAC, such as MiFID2 and Benchmarks from the EU and FCA, as well as the FX Code of Conduct.
  • Seek clarification from stakeholders on more complex matters or if interpretation is needed.
  • Guide others on new regulatory reform issues and be accountable for leveraging external and internal information sources with insights to identify, summarise and communicate tailored information on post-trade regulatory reforms to internal stakeholders.
  • Lead/support the timely delivery of Bank-wide impact assessments while collaborating with affected businesses and infrastructure functions.
  • Coordinate across business lines and draft (where necessary) responses tor relevant consultation papers (predominantly SG and HK related). Provide advice for other locations in the region (where local teams respond)
  • Lead/support and advise the business on global regulatory reform to encourage the early and holistic discussion and escalation to decision-making of strategic options for implementation. Provide briefings and guidance to management on regulatory matters.
  • Keep up to date on issues that could contribute to regulatory horizon risks and consider implications for policies and procedures from a business, risk, compliance and culture perspective. Lead/support early evidence-based and solution-oriented engagement with policy-makers while collaborating with peers, clients and other external stakeholders with common interests and positions.
  • Lead the delivery of timely, complete and accurate interpretation of post-trade regulatory reforms to implementation programmes.

Internal and external representation on allocated market and conduct regulatory reforms
  • Develop relationship with and support, sometimes lead, representation of Global Regulatory Reform on Bank-internal work-streams impacted by post-trade regulatory reforms. Independently prepare accurate and comprehensive notes on relevant meetings to disseminate across the Global Regulatory Reform team.
  • Develop relationship with and support representation of Global Regulatory Reform and/or Bank at association and other industry work-streams on or impacting allocated post-trade regulatory reforms.
  • Support routine meetings and consultations.

Contribute to and support the execution of Global Regulatory Reform priorities
  • Gain necessary support from management and foster and embed a proactive, strategic and holistic approach to the management of all regulatory reforms.
  • Contribute to and help develop and refine team products, including the production and delivery of daily regulatory briefings, monthly updates on key reforms and targeted advocacy materials (including responses to regulatory proposals and consultations)
  • Provide training to staff on relevant regulatory reform matters.
  • Confirm business needs for small team projects and deliver simple strategy, work and communications plans.
  • Gain necessary support, manage resistance and ensure team is ready to adopt new frameworks, strategies or communications plans.

Develop awareness and understanding of the Bank and the wider business and economic environment in which it operates
  • Develop knowledge of evolving Bank strategy, (all CIB and beyond - PvB etc) and structure. Apply knowledge to analysis and interpretations of regulatory reform matters.
  • Develop detailed understanding of wider and evolving regulatory, business and economic environments in which the Bank operates in order to provide advice and guidance to key stakeholders.


  • 4 years experience in a regulatory policy function within a financial institution and/or government/regulator in a policy role
  • Experience in analysing draft and final rules covering regulations
  • Working within a global matrix structure assessing post-trade regulations
  • Experience of assessing the implications of post-trade regulations for a financial institution
  • Ability to liaise with multiple internal and external stakeholders (businesses, regulators and industry bodies)
  • Strong analytical and problem solving skills capabilities and outcomes focused
  • High attention to detail
  • Ability to communicate effectively in writing and orally at all levels and to both internal and external stakeholders
  • Teamwork, working across teams and assisting colleagues
  • Good judgement, inqusitive and proactive with an ability to challenge approaches to practices, procedures and specific transactions
  • Ability to work independantly
  • Strong networking skills
  • Bachelor's Degree or Higher