Manager, Regulatory Compliance - Standard Chartered Bank - Dubai


Job description

The Role Responsibilities Regulatory Risk Identification and Policy Setting * Assists in the management of material regulatory risks in-country through measured analysis of factual scenarios and/or documentation. * Assists in the assessment of regulatory risk trends. * Assists in the identification of new banking regulations and laws. * In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased. Regulatory Advice * Assists with regard to timely advice regarding regulatory requirements and bank compliance policies and procedures. * Provides support on application and interpretation of banking laws, regulations and policies applicable to the country. * Assists in overseeing relevant administration and licensing as required by the local regulatory requirements. * Handles ad hoc enquiries and surveys as requested by the regulators from time to time. * Assists in ensuring that the Bank and its subsidiaries operate in accordance with the relevant local requirements and Group regulatory compliance standards, so as to protect and enhance the reputation of the Bank. Regulatory relationships and regulatory change * Assists in ensuring proactive regulatory engagement and in establishing an effective regulatory relationship plan in the UAE and assists in establishing meeting agendas and matters for discussion. * Providing briefings and guidance to business on regulatory matters. * Ensure the Bank is properly prepared for routine regulatory exams, audits and supervisory inspections, as well as to managing the response from the business. Regulatory Compliance Training * Assists in the delivery of a program of activities that educates and encourages managers and staff to operate in compliance with relevant laws, regulations and policies. Such training would include key group compliance and regulatory issues. * Assists in the development of an effective country-wide compliance culture by promoting the benefits of ethical business conduct and the benefits of compliance. People and Talent * Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential. * Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm. * Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm. * Ensure Country Governance team is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively, to support sustainable business growth and address financial crime risks. * Ensure staff in Country Governance team have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions. 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