Senior Manager, Risk Regulatory Compliance Senior Manager, Risk Regulatory Compliance …

Standard Chartered Bank
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 31 Mar 20
Standard Chartered Bank
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 31 Mar 20
Senior Manager, Risk Regulatory Compliance
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
  • Ensure that all regulatory opinions comply with the appropriate governance requirements
  • To reinforce the independence of the risk functions from those whose primary responsibility is to maximize short-term revenues and profit
  • Point of contact for risk on regulatory issues, including driving any relevant initiatives put forward by Risk functions
  • Evaluate and comment on the rules / regulations / consultation papers issued by regulatory authorities
  • Deal with and comment on regular submissions / ad-hoc surveys, regulatory information requests / enquires / inspection, and work with regulators to provide appropriate responses to their queries
  • Ownership of large exposure policy / procedures / standards in country, and the monitoring of exposures to large exposure groups daily in accordance to requirements set out in the relevant regulations in Singapore
  • Ensuring that changes in risk related group policies and standards does not impact the compliance status of the bank
  • Review / challenge / opine of country specific risk weight computation methodologies, along with any proposed changes to the risk weight computation engine
  • Ensure that opinions on RWA initiatives and transaction approvals originating from group are within what is allowed by local regulations
  • Ownership of relevant risk related regulatory annual attestation processes

Our Ideal Candidate
  • Bachelor's degree from reputable institution
  • 5+ years of experience in a financial institution
  • Good numerical and analytical skill. Able to summarise complex results efficiently Strong oral and written communication
  • Excellent understanding of regulatory requirements and expectation; in depth knowledge of the levers of risk weight and large exposure regulations
  • Demonstrated ability for problem solving, working independently and attention to detail; ability to use discretion and independent judgments; ability to understand impacts of adverse economic and market scenarios
  • Substantial experience at the highest level in the banking industry; In depth knowledge of Corporate Banking Products such as Trade Finance, Corporate Lending, Derivatives is a fundamental requirement; experience in working on complex structures is a strong plus
  • Understands complex interactions between economic and operational factors and their resulting impact to product, business line and financial results and position of the Bank
  • Dedicated to information integrity and to producing high quality and insightful output and hitting deadlines where applicable
  • Ability to manage multiple tasks successfully and efficiently in a fast paced, regulatory driven environment
  • Experience with implementation of Basel standards and the implications thereof the issues relating to regulatory compliance and financial reporting, and how these issues translate into requirements for management information
  • Experience with communicating with relevant external stakeholders, such as the MAS
  • Regulatory Framework and Requirements: Awareness and understanding of the regulatory framework in which the firm operates
  • Strong understanding of governance requirements

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 .