RESPONSIBILITIES

• Responsible for supporting Head, Retail, Wealth, and Private bank CFCC Advisory in India for Segments (Personal, Priority, Premium, Private) & Retail Products (Deposits, Mortgages, CCPL, CCPL Direct Sales) & Digital Channel.  
• Responsible for providing details of developments relating to Segments & Retail Products compliance and conduct, giving rise to a material risk that serious regulatory breaches or breaches of country risk appetite metrics may occur and notifying any such breaches to (as appropriate):
• Head, Wealth & Private Bank CFCC India
• The relevant Heads of Business

Strategy

• Support Head Retail, Wealth, and PvB CFCC India in implementing the vision, strategy and direction set for the Retail, Wealth and PvB CFCC function in India 
• Practice the culture and compliance with CFCC standards (including conducting business within regulatory requirements, and to high ethical standards) within the Bank and embed a Here for good culture and the Group Code of Conduct.
• Establish close links with colleagues of other Client segments and/or Product Groups to achieve common platforms and work plans, implementing a One Bank approach to covering all Clients.

Business

• Analyse comprehensive impact of CFCC matters on the relevant business areas (Segments & Retail Products) and their operations.
• Ensure that key changes (to laws, rules, regulations) pertaining to Segments & Retail Products are communicated and cascaded (in region/country).
• Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
• Ensure appropriate advice is provided to the relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices, and policies related to Segments & Retail Products CFCC.

Processes

• Support Head Wealth and PvB CFCC India in review and approval of appropriate policies/processes/DOls to address CFCC risks related to Segments & Retail Products, aligning them with relevant regulatory requirements. 

People & Talent 

• Help in creating an environment of appropriate culture and values. work in collaboration with risk and control partners.

Risk Management

• Support Head Retail, Wealth, and PvB CFCC India in identifying and assessing sources of Segments & Retail Products related regulatory risks and ensure that systems and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels. Report on material regulatory, CFCC risks pertaining to Segments & Retail Products.
• Maintain track of risk mitigating action plans pertaining to Segments & Retail Products.
• Inform Head Retail, Wealth, and PvB CFCC India serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.

Governance 

• Support Head Retail, Wealth, and PvB CFCC India in oversight of the Segments & Retail Products   CFCC function in India. including the various Group CFCC frameworks and programs within India pertaining to Segments & Retail Products.
• Ensure lessons learned from audit findings, CFCC assurance activities and specific investigations are prepared and cascaded to relevant stakeholders.
• Support Head Retail, Wealth, and PvB CFCC India in providing timely, relevant, and accurate management information on key regulatory risks and control effectiveness.
• Support the product program and country addendum framework in India pertaining to Segments & Retail Products.

Regulatory relationships 

• Support Head Retail, Wealth and PvB CFCC India in managing regulatory inspections pertaining to Segments & Retail Products 
• Engage with Regulators as and when required to support Business on Segments & Retail Products matters

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.
• Support the Retail. Wealth & Private bank India CFCC team to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment
• Support Head Retail, Wealth and PvB CFCC India in effectively and collaboratively identifying, escalating, mitigating and resolving risk on Segments & Retail Products CFCC matters.

 Key Stakeholders

• Relevant India Regulators
• Heads of Businesses and Functions, India
• GlA

Other Responsibilities

• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

Role Specific Technical Competencies

• Compliance Policies and Standards
• Compliance Advisory
• Compliance Review
• Compliance Risk Assessment
• Regulatory Liaison

About Standard Chartered 

We’re an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks 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.
• Recruitment assessments – some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers