Key Responsibilities
- Support and implement the vision, strategy, direction and leadership in Markets Compliance, Financial Crime & Conduct Risk (CFCR) teams in Hong Kong, consistent with Global CFCR Head’s vision and strategy for the CFCR function and in support of the Bank’s strategic direction and growth aspirations.
- Promote the Here for Good culture and Group Code of Conduct, complying with regulatory requirements and the Bank’s internal policy and standards (including conducting business with high ethical standards).
- Deliver appropriate regulatory guidance and facilitate the establishment of an integrated programme to identify, manage, monitor, and report CFCR risk.
Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality regulatory compliance advice and guidance to enable the business and functions to meet/ achieve their objectives. Closely work with other CFCR teams to support business stakeholders. - Work closely with Markets business and provide timely CFCR advice to ensure compliance with all relevant laws, regulations and regulatory instructions. Provide CFCR advice, analysis (and challenge when appropriate) in relation to the full product life cycle including product design through to post sale reviews/ assessments, new business initiatives, bespoke projects, remedial activities (including nature, scale and rigour of past business reviews), transitional investigations.
- Provide robust challenge to relevant stakeholders where activities are outside risk tolerance/ appetite, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to address any remedial action needed to come back within risk tolerance/ appetite.
- Regular and diarised catch ups with all key business and functional stakeholders.
Key stakeholders
- Markets Business
- Markets COO including FM Operations
- Technology
- Risks including Operational Risk
- Human Resources
- Group Internal Audit
- CEO office including Conduct Management
- Global and other HK CFCR teams
- Hong Kong Monetary Authority, Securities and Futures Commission, Prudential Regulation Authority, Financial Conduct Authority and other key regulators of HK and the Group
Role Requirements
- Within at least 10-15 years in Financial Markets Compliance experience.
- Languages: Cantonese and English
- Professional Accreditation such as Enhanced Competency Framework (ECF) under the HK Institute of Bankers (HKIB) would be an advantage.
- Be well-versed in the financial markets related regulations and regulatory expectations in Hong Kong.
- Good judgment enabling the provision of sound advice in difficult areas of regulation and practice and the proactive management of compliance and regulatory risk.
- Sound judgment on business practices, regulatory relationship management and reputational risk.
- Personal integrity with proven ability to establish relationships and exert influence to stakeholders.
- Be able to operate independently, and demonstrate robustness in ethics and resilience.
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.