544 Risk Management Director jobs in Singapore

Job Description

Responsibilities:

• Providing regulatory advice to financial institutions on areas relating to risk, regulations and compliance
• Conducting compliance reviews and internal audits, and formulating recommendations for processes and controls to better comply with regulatory requirements
• Providing regulatory advice on areas such as licensing, regulatory reporting, compliance framework development and operationalizing regulatory change
• Providing support to financial services audit engagements on regulatory and compliance reporting
• Helping to build our compliance outsourcing services
• Working with our strategic alliance partner to formulate new services / product to the market
• Managing key stakeholder relationships, including communication of the scope of work, findings and observations, industry updates

About You

• At least 5 years of banking regulatory or external audit experience in a big 4 audit firm, regulator or financial institution
• Good understanding of the banking landscape
• Experience in local MAS regulatory requirements preferred
• Experienced in performing internal audits or internal control reviews
• Meticulous and attention to details, possessing an analytical and enquiring mind-set
• Good verbal and written communication skill in English
• Professional, confident and highly motivated self-starter, with an ability to handle multiple engagements/projects in a fast pace environment with tight deadlines
• Possess strong values, personal integrity and emotional intelligence

Purpose of the Role:

K2 is an international developer, owner and operator of hyper-scale digital infrastructure assets. We are the specialists in providing critical digital infrastructure in the form of Data Centre environments to leading technology companies, we lay the physical foundations of the internet, cloud services and tomorrow's digital solutions, today.

We are seeking a highly skilled professional to lead our compliance and regulatory risk initiatives. The ideal candidate should excel in financial, operational, and IT audits while possessing strong project management skills. This role will involve developing and overseeing a comprehensive Governance, Risk and Compliance (GRC) program, managing change processes, and leading external engagements.

Responsibilities

1. Audit and Risk Management:

   • Develop and oversee a comprehensive Governance, Risk and Compliance (GRC) program that aligns with industry best practices and regulatory requirements.

   • Lead the planning, coordination, and execution of internal audits and external (non-statutory) reviews, including ISO27001, SOC 2 Type 2, ISO14001 and ISO45001. Collaborate closely with auditors and internal stakeholders to ensure smooth, timely processes and accurate documentation.

2. Issue Resolution & Remediation:

   • Review audit findings and work with process owners to develop robust action plans. Monitor the timely and effective implementation of corrective measures.

   • Lead and support investigations related to compliance breaches or governance failures by identifying root causes of issues and quantifying potential financial, operational, and reputational risks.

   • Develop recommendations that effectively mitigate identified risks and follow up in a timely manner.

3. Training & Awareness:

   • Champion the development and delivery of training programs for employees to build awareness on risk control and embed a risk-conscious mindset throughout the organization.

   • Conduct regular assessments and updates to ensure training materials remain current and relevant.

4. Stakeholder Engagement:

   • Engage with key stakeholders, including external partners, regulatory bodies, and internal departments, to ensure seamless collaboration and compliance adherence.

   • Present findings and recommendations at executive level meetings to drive strategic decision-making.

Working Environment:

• Primarily office-based with regular collaboration across departments and regions.

• Approximately 15-20% overseas travel is expected.

Interpersonal Requirements

• Excellent communication, negotiation and interpersonal skills.

• Systematic and structured approach with the ability to work independently and build strong relationships with key stakeholders.

Skills set and Qualifications Requirements

• Minimum of 12 years’ relevant working experience with proven experience in supervisory positions. Relevant exposure to the data center industry will be an advantage.

• Bachelor's Degree in Information Technology, Business, or related fields.

• Possess professional certification or audit qualification such as Certified Internal Auditor (CIA), Chartered Accountant (CA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP) or Certified Information Security Manager (CISM).

• Strong understanding of complex business processes, their related risks, and controls. Ability to recommend opportunities for control improvements.

• Excellent leadership skills, able to effectively lead engagements and deliver impactful work in a fast-paced environment.

Purpose of the Role:

K2 is an international developer, owner and operator of hyper-scale digital infrastructure assets. We are the specialists in providing critical digital infrastructure in the form of Data Centre environments to leading technology companies, we lay the physical foundations of the internet, cloud services and tomorrow's digital solutions, today.

We are seeking a highly skilled professional to lead our compliance and regulatory risk initiatives. The ideal candidate should excel in financial, operational, and IT audits while possessing strong project management skills. This role will involve developing and overseeing a comprehensive Governance, Risk and Compliance (GRC) program, managing change processes, and leading external engagements.

Responsibilities

1. Audit and Risk Management:

   • Develop and oversee a comprehensive Governance, Risk and Compliance (GRC) program that aligns with industry best practices and regulatory requirements.

   • Lead the planning, coordination, and execution of internal audits and external (non-statutory) reviews, including ISO27001, SOC 2 Type 2, ISO14001 and ISO45001. Collaborate closely with auditors and internal stakeholders to ensure smooth, timely processes and accurate documentation.

2. Issue Resolution & Remediation:

   • Review audit findings and work with process owners to develop robust action plans. Monitor the timely and effective implementation of corrective measures.

   • Lead and support investigations related to compliance breaches or governance failures by identifying root causes of issues and quantifying potential financial, operational, and reputational risks.

   • Develop recommendations that effectively mitigate identified risks and follow up in a timely manner.

3. Training & Awareness:

   • Champion the development and delivery of training programs for employees to build awareness on risk control and embed a risk-conscious mindset throughout the organization.

   • Conduct regular assessments and updates to ensure training materials remain current and relevant.

4. Stakeholder Engagement:

   • Engage with key stakeholders, including external partners, regulatory bodies, and internal departments, to ensure seamless collaboration and compliance adherence.

   • Present findings and recommendations at executive level meetings to drive strategic decision-making.

Working Environment:

• Primarily office-based with regular collaboration across departments and regions.

• Approximately 15-20% overseas travel is expected.

Interpersonal Requirements

• Excellent communication, negotiation and interpersonal skills.

• Systematic and structured approach with the ability to work independently and build strong relationships with key stakeholders.

Skills set and Qualifications Requirements

• Minimum of 12 years’ relevant working experience with proven experience in supervisory positions. Relevant exposure to the data center industry will be an advantage.

• Bachelor's Degree in Information Technology, Business, or related fields.

• Possess professional certification or audit qualification such as Certified Internal Auditor (CIA), Chartered Accountant (CA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP) or Certified Information Security Manager (CISM).

• Strong understanding of complex business processes, their related risks, and controls. Ability to recommend opportunities for control improvements.

• Excellent leadership skills, able to effectively lead engagements and deliver impactful work in a fast-paced environment.

Job ID: 40892

Location: Singapore, SG

Area of interest: Retail Banking

Job type: Regular Employee

Work style: Office Working

Opening date: 1 Oct 2025

JOB SUMMARY

• Manage regulatory risk assurance unit to ensure compliance to BCCR, MAS 635 and other regulations concerning unsecured lending in Singapore.
• Continuously improve the way we work by driving cost effectiveness and automation of credit and regulatory processes.
• Ensure compliance with the Group's standards and regulatory requirements pertaining to Money Laundering and KYC.
• Opportunity to work with various stakeholders in the bank including both Standard Chartered country and group Products, Sales, Operations, Collections, Modelling and Governance to support business growth opportunities in Singapore.

RESPONSIBILITIES

Strategy

• Active participation in all projects and initiatives which impact the regulatory adherence of the unsecured portfolio.
• Continuous monitoring of unsecured portfolio and processes for identification of regulatory breaches and tracking and closure of identified regulatory breaches as per Operational Risk framework.

Business

• Manage the compliance of combined credit limit customers (common with Trust Bank) with all the regulations through detailed monthly reconciliations along with Trust Bank and addressing identified issues/gaps.
• Keeping track of changes in existing unsecured regulations as well as new regulations and ensure all existing processes and policies are updated and new ones created to cater to changes.

Processes

• Managing customer complaints arising due to regulatory reviews and actions on customer accounts.
• Creating and managing execution of all regular processes required to ensure adherence to unsecured regulations.

People & Talent

• 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.
• Collaborate with various stakeholders to achieve the business and risk outcomes for the bank.

Risk Management

• Ensure risks of processing failure are being actively controlled end-to-end.
• Participate in and / or support the Bank's effort in combating money-laundering activities.
• Work with the Quality Assurance (QA) team to incorporate Policy changes in the various QA exception reports and resolve QA findings in a timely manner

Governance

• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Ensure compliance to the Operational Risk Framework including the effective application of risk toolkit like KPIs/KRIs, CSTs and reporting.
• Ensure compliance with the Group's standards and regulatory requirements pertaining to Money Laundering and KYC.
• Ensure compliance with local regulations and group policies.
• Ensure material risk exposures and related issues are reported to the responsible governance committees and to Group and business level committees as appropriate.

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.
• Lead to achieve the outcomes set out in the Bank's Conduct Principles

Key Stakeholders

• PM&F / SCMAC
• Collections
• CCPL Business
• Credit Initiation
• Compliance
• Operations
• Group Risk
• Customer Experience
• Technology
• Trust Bank (TBSL)

Other Responsibilities

• Perform other responsibilities assigned as and when required. These include but are not limited to – credit policy training sessions for front-line and CI etc.

Our Ideal Candidate

• Education - Relevant Tertiary Qualifications from a recognised institution

Role Specific Technical Competencies

• Market Knowledge
• 10 years experience within the banking industry, including demonstrated success in a similar role
• Regulatory Framework and Requirement
• Awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role.
• Ability to priorities multiple deliverables with demonstrable organizational, project management and time management skills.
• Well versed with various principle and other risk types, its implication of individual and business lending and for overall function.
• Problem Management Process.
• Non-technical Skills
• Effective collaborative skills that contribute to positive working relationships with both internal and external stakeholders including regulators and rating agencies.

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.

K2 is an international developer, owner and operator of hyper-scale digital infrastructure assets. We are the specialists in providing critical digital infrastructure in the form of Data Centre environments to leading technology companies, we lay the physical foundations of the internet, cloud services and tomorrow's digital solutions, today.

We are seeking a highly skilled professional to lead our compliance and regulatory risk initiatives. The ideal candidate should excel in financial, operational, and IT audits while possessing strong project management skills. This role will involve developing and overseeing a comprehensive Governance, Risk and Compliance (GRC) program, managing change processes, and leading external engagements.

1. Audit and Risk Management:

2. Develop and oversee a comprehensive Governance, Risk and Compliance (GRC) program that aligns with industry best practices and regulatory requirements.

3. Lead the planning, coordination, and execution of internal audits and external (non-statutory) reviews, including ISO27001, SOC 2 Type 2, ISO14001 and ISO45001. Collaborate closely with auditors and internal stakeholders to ensure smooth, timely processes and accurate documentation.

4. Issue Resolution & Remediation:

5. Review audit findings and work with process owners to develop robust action plans. Monitor the timely and effective implementation of corrective measures.

6. Lead and support investigations related to compliance breaches or governance failures by identifying root causes of issues and quantifying potential financial, operational, and reputational risks.
7. Develop recommendations that effectively mitigate identified risks and follow up in a timely manner.

8. Training & Awareness:

9. Champion the development and delivery of training programs for employees to build awareness on risk control and embed a risk-conscious mindset throughout the organization.

10. Conduct regular assessments and updates to ensure training materials remain current and relevant.

11. Stakeholder Engagement:

12. Engage with key stakeholders, including external partners, regulatory bodies, and internal departments, to ensure seamless collaboration and compliance adherence.

13. Present findings and recommendations at executive level meetings to drive strategic decision-making.

Working Environment:

• Primarily office-based with regular collaboration across departments and regions.
• Approximately 15-20% overseas travel is expected.

Interpersonal Requirements

• Excellent communication, negotiation and interpersonal skills.
• Systematic and structured approach with the ability to work independently and build strong relationships with key stakeholders.

Skills set and Qualifications Requirements

• Minimum of 12 years' relevant working experience with proven experience in supervisory positions. Relevant exposure to the data center industry will be an advantage.
• Bachelor's Degree in Information Technology, Business, or related fields.
• Possess professional certification or audit qualification such as Certified Internal Auditor (CIA), Chartered Accountant (CA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP) or Certified Information Security Manager (CISM).
• Strong understanding of complex business processes, their related risks, and controls. Ability to recommend opportunities for control improvements.
• Excellent leadership skills, able to effectively lead engagements and deliver impactful work in a fast-paced environment.

JOB SUMMARY

• Manage regulatory risk assurance unit to ensure compliance to BCCR, MAS 635 and other regulations concerning unsecured lending in Singapore.

• Continuously improve the way we work by driving cost effectiveness and automation of credit and regulatory processes.

• Ensure compliance with the Group's standards and regulatory requirements pertaining to Money Laundering and KYC.

• Opportunity to work with various stakeholders in the bank including both Standard Chartered country and group Products, Sales, Operations, Collections, Modelling and Governance to support business growth opportunities in Singapore.

RESPONSIBILITIES

Strategy

• Active participation in all projects and initiatives which impact the regulatory adherence of the unsecured portfolio.

• Continuous monitoring of unsecured portfolio and processes for identification of regulatory breaches and tracking and closure of identified regulatory breaches as per Operational Risk framework.

Business

• Manage the compliance of combined credit limit customers (common with Trust Bank) with all the regulations through detailed monthly reconciliations along with Trust Bank and addressing identified issues/gaps.

• Keeping track of changes in existing unsecured regulations as well as new regulations and ensure all existing processes and policies are updated and new ones created to cater to changes.

Processes

• Managing customer complaints arising due to regulatory reviews and actions on customer accounts.

• Creating and managing execution of all regular processes required to ensure adherence to unsecured regulations.

People & Talent

• 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.

• Collaborate with various stakeholders to achieve the business and risk outcomes for the bank.

Risk Management

• Ensure risks of processing failure are being actively controlled end-to-end.

• Participate in and / or support the Bank's effort in combating money-laundering activities.

• Work with the Quality Assurance (QA) team to incorporate Policy changes in the various QA exception reports and resolve QA findings in a timely manner

Governance

• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

• Ensure compliance to the Operational Risk Framework including the effective application of risk toolkit like KPIs/KRIs, CSTs and reporting.

• Ensure compliance with the Group's standards and regulatory requirements pertaining to Money Laundering and KYC.

• Ensure compliance with local regulations and group policies.

• Ensure material risk exposures and related issues are reported to the responsible governance committees and to Group and business level committees as appropriate.

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.

• Lead to achieve the outcomes set out in the Bank's Conduct Principles

Key Stakeholders

• Portfolio Monitoring and Forecasting

• Collections

• CCPL Business

• Credit Initiation

• Compliance

• Operations

• Group Risk

• Customer Experience

• Technology

• Trust Bank (TBSL)

Other Responsibilities

• Perform other responsibilities assigned as and when required. These include but are not limited to – credit policy training sessions for front-line and CI etc.

Our Ideal Candidate

• Education - Relevant Tertiary Qualifications from a recognised institution

• 10 years experience within the banking industry, including demonstrated success in a similar role

Role Specific Technical Competencies

• Risk Management with exposure to Regulatory Compliance

• Regulatory Framework and Requirement

• Awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role.

• Ability to priorities multiple deliverables with demonstrable organizational, project management and time management skills.

• Well versed with various principle and other risk types, its implication of individual and business lending and for overall function.

• Problem Management Process.

• Non-technical Skills

• Effective collaborative skills that contribute to positive working relationships with both internal and external stakeholders including regulators and rating agencies.

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.

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

Purpose of the Role:
K2 is an international developer, owner and operator of hyper-scale digital infrastructure assets. We are the specialists in providing critical digital infrastructure in the form of Data Centre environments to leading technology companies, we lay the physical foundations of the internet, cloud services and tomorrow's digital solutions, today.
We are seeking a highly skilled professional to lead our compliance and regulatory risk initiatives. The ideal candidate should excel in financial, operational, and IT audits while possessing strong project management skills. This role will involve developing and overseeing a comprehensive Governance, Risk and Compliance (GRC) program, managing change processes, and leading external engagements.
Responsibilities
Audit and Risk Management:
Develop and oversee a comprehensive Governance, Risk and Compliance (GRC) program that aligns with industry best practices and regulatory requirements.
Lead the planning, coordination, and execution of internal audits and external (non-statutory) reviews, including ISO27001, SOC 2 Type 2, ISO14001 and ISO45001. Collaborate closely with auditors and internal stakeholders to ensure smooth, timely processes and accurate documentation.
Issue Resolution & Remediation:
Review audit findings and work with process owners to develop robust action plans. Monitor the timely and effective implementation of corrective measures.
Lead and support investigations related to compliance breaches or governance failures by identifying root causes of issues and quantifying potential financial, operational, and reputational risks.
Develop recommendations that effectively mitigate identified risks and follow up in a timely manner.
Training & Awareness:
Champion the development and delivery of training programs for employees to build awareness on risk control and embed a risk-conscious mindset throughout the organization.
Conduct regular assessments and updates to ensure training materials remain current and relevant.
Stakeholder Engagement:
Engage with key stakeholders, including external partners, regulatory bodies, and internal departments, to ensure seamless collaboration and compliance adherence.
Present findings and recommendations at executive level meetings to drive strategic decision-making.
Working Environment:
Primarily office-based with regular collaboration across departments and regions.
Approximately 15-20% overseas travel is expected.
Interpersonal Requirements
Excellent communication, negotiation and interpersonal skills.
Systematic and structured approach with the ability to work independently and build strong relationships with key stakeholders.
Skills set and Qualifications Requirements
Minimum of 12 years’ relevant working experience with proven experience in supervisory positions. Relevant exposure to the data center industry will be an advantage.
Bachelor's Degree in Information Technology, Business, or related fields.
Possess professional certification or audit qualification such as Certified Internal Auditor (CIA), Chartered Accountant (CA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Information Systems Security Professional (CISSP) or Certified Information Security Manager (CISM).
Strong understanding of complex business processes, their related risks, and controls. Ability to recommend opportunities for control improvements.
Excellent leadership skills, able to effectively lead engagements and deliver impactful work in a fast-paced environment.
#J-18808-Ljbffr

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Manage regulatory risk assurance unit to ensure compliance to BCCR, MAS 635 and other regulations concerning unsecured lending in Singapore.
Continuously improve the way we work by driving cost effectiveness and automation of credit and regulatory processes.
Ensure compliance with the Group's standards and regulatory requirements pertaining to Money Laundering and KYC.
Opportunity to work with various stakeholders in the bank including both Standard Chartered country and group Products, Sales, Operations, Collections, Modelling and Governance to support business growth opportunities in Singapore.
RESPONSIBILITIES
Active participation in all projects and initiatives which impact the regulatory adherence of the unsecured portfolio.
Continuous monitoring of unsecured portfolio and processes for identification of regulatory breaches and tracking and closure of identified regulatory breaches as per Operational Risk framework.
Business
Manage the compliance of combined credit limit customers (common with Trust Bank) with all the regulations through detailed monthly reconciliations along with Trust Bank and addressing identified issues/gaps.
Keeping track of changes in existing unsecured regulations as well as new regulations and ensure all existing processes and policies are updated and new ones created to cater to changes.
Processes
Managing customer complaints arising due to regulatory reviews and actions on customer accounts.
Creating and managing execution of all regular processes required to ensure adherence to unsecured regulations.
People & Talent
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.
Collaborate with various stakeholders to achieve the business and risk outcomes for the bank.
Ensure risks of processing failure are being actively controlled end-to-end.
Participate in and / or support the Bank's effort in combating money-laundering activities.
Work with the Quality Assurance (QA) team to incorporate Policy changes in the various QA exception reports and resolve QA findings in a timely manner
Governance
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Ensure compliance to the Operational Risk Framework including the effective application of risk toolkit like KPIs/KRIs, CSTs and reporting.
Ensure compliance with the Group's standards and regulatory requirements pertaining to Money Laundering and KYC.
Ensure compliance with local regulations and group policies.
Ensure material risk exposures and related issues are reported to the responsible governance committees and to Group and business level committees as appropriate.
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.
Lead to achieve the outcomes set out in the Bank’s Conduct Principles
Key Stakeholders
Other Responsibilities
Perform other responsibilities assigned as and when required. These include but are not limited to – credit policy training sessions for front-line and CI etc.
Our Ideal Candidate
Education - Relevant Tertiary Qualifications from a recognised institution
Role Specific Technical Competencies
Market Knowledge
10 years experience within the banking industry, including demonstrated success in a similar role
Regulatory Framework and Requirement
Awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role.
Ability to priorities multiple deliverables with demonstrable organizational, project management and time management skills.
Well versed with various principle and other risk types, its implication of individual and business lending and for overall function.
Problem Management Process.
Non-technical Skills
Effective collaborative skills that contribute to positive working relationships with both internal and external stakeholders including regulators and rating agencies.
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.
#J-18808-Ljbffr

JOB SUMMARY

• Manage regulatory risk assurance unit to ensure compliance to BCCR, MAS 635 and other regulations concerning unsecured lending in Singapore.
• Continuously improve the way we work by driving cost effectiveness and automation of credit and regulatory processes.
• Ensure compliance with the Group's standards and regulatory requirements pertaining to Money Laundering and KYC.
• Opportunity to work with various stakeholders in the bank including both Standard Chartered country and group Products, Sales, Operations, Collections, Modelling and Governance to support business growth opportunities in Singapore.

RESPONSIBILITIES

Strategy

• Active participation in all projects and initiatives which impact the regulatory adherence of the unsecured portfolio.
• Continuous monitoring of unsecured portfolio and processes for identification of regulatory breaches and tracking and closure of identified regulatory breaches as per Operational Risk framework.

Business

• Manage the compliance of combined credit limit customers (common with Trust Bank) with all the regulations through detailed monthly reconciliations along with Trust Bank and addressing identified issues/gaps.
• Keeping track of changes in existing unsecured regulations as well as new regulations and ensure all existing processes and policies are updated and new ones created to cater to changes.

Processes

• Managing customer complaints arising due to regulatory reviews and actions on customer accounts.
• Creating and managing execution of all regular processes required to ensure adherence to unsecured regulations.

People & Talent

• 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.
• Collaborate with various stakeholders to achieve the business and risk outcomes for the bank.

Risk Management

• Ensure risks of processing failure are being actively controlled end-to-end.
• Participate in and / or support the Bank's effort in combating money-laundering activities.
• Work with the Quality Assurance (QA) team to incorporate Policy changes in the various QA exception reports and resolve QA findings in a timely manner

Governance

• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Ensure compliance to the Operational Risk Framework including the effective application of risk toolkit like KPIs/KRIs, CSTs and reporting.
• Ensure compliance with the Group's standards and regulatory requirements pertaining to Money Laundering and KYC.
• Ensure compliance with local regulations and group policies.
• Ensure material risk exposures and related issues are reported to the responsible governance committees and to Group and business level committees as appropriate.

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.
• Lead to achieve the outcomes set out in the Bank’s Conduct Principles

Key Stakeholders

• Portfolio Monitoring and Forecasting
• Collections
• CCPL Business
• Credit Initiation
• Compliance
• Operations
• Group Risk
• Customer Experience
• Technology
• Trust Bank (TBSL)

Other Responsibilities
• Perform other responsibilities assigned as and when required. These include but are not limited to – credit policy training sessions for front-line and CI etc.

Our Ideal Candidate
• Education - Relevant Tertiary Qualifications from a recognised institution

• 10 years experience within the banking industry, including demonstrated success in a similar role

Role Specific Technical Competencies
• Risk Management with exposure to Regulatory Compliance
• Regulatory Framework and Requirement
• Awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role.
• Ability to priorities multiple deliverables with demonstrable organizational, project management and time management skills.
• Well versed with various principle and other risk types, its implication of individual and business lending and for overall function.
• Problem Management Process.
• Non-technical Skills
• Effective collaborative skills that contribute to positive working relationships with both internal and external stakeholders including regulators and rating agencies.

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.

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.

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