executive Director, Group Regulatory Affairs - Singapore - Standard Chartered

Standard Chartered

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

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Description

Job:
Governance, Risk Management & Compliance

Primary Location:
Asia-Singapore-Singapore

Schedule:
Full-time

Employee Status:
Permanent

Posting Date: 11/Aug/2023, 6:15:16 AM

Unposting Date:
Ongoing

The Role Responsibilities

Strategy
Standard Chartered is a leading international banking group, with a presence in some of the world's most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values expressed in our brand promise, Here for good.

The role of Group Public & Regulatory Affairs (GPRA) is to collaborate with internal and external stakeholders, driving the alignment of the Bank's strategy and global public policy, regulatory and supervisory objectives. The remit of the group covers policy, regulatory and supervisory issues emanating in key markets and developing engagement strategies that positions the bank in a constructive manner.
GPRA is organised internally into four teams: 1) Policy Analysis; 2) Regulatory Affairs; 3) Regulatory Liaison; and 4) Government Affairs.

The role holder is one of the senior leaders of in the Regulatory Affairs team and will be responsible for:

Analytical leadership: for GPRA on regulatory affairs activity for a subset of high priority technology related issues and regulatory policy development. The issues will not be static, and will change and evolve with the regulatory and financial landscape.
Partnership with business: to craft messages and develop content that helps deepen the understand within the regulatory community and within the Bank environment of the drivers behind key regulatory policy.
Engagement plan: collaborate with Business and the rest of GPRA to design and deploy against an engagement plan that helps connect the Bank with the regulatory community to position the Bank as a constructive participant in the development of regulation.
Senior leadership: implement the team's vision, strategy, direction and leadership to reflect exemplary regulatory relations on technology issues underpinned by analysis and intelligence for senior management on forward looking risks and issues. Lead a team of technology specialists within Group RA, acting as people leader to this team. Provide senior coverage from a RA perspective for Hong Kong and North Asia. Help develop junior members of the broader GPRA group.
Build our of

GPRA:

Help build out and continue to improve the existing operating model whilst working with the GPRA team to support establishing new systems, processes and governance procedures.

Business

The Regulatory Affairs team focuses on emerging regulatory policy changes that will materially impact SCB, including for example, climate risk and technology related regulatory changes.

The team will also identify, design and execute an engagement strategy with key stakeholders on regulatory policy changes, bringing together internal expertise to better position the Bank as a constructive participant.

The role holder will:

Provide robust challenge to all relevant stakeholders where and escalate as necessary, until appropriate oversight and ownership is achieved including identifying action owners to initiate plans or a strategy which address any action needed.
Build and maintain an effective and constructive relationship with all key Compliance, business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality support to enable the Bank to achieve its strategic objectives.
Support team brand and change execution including communication, education and change awareness through team products, including contribution towards the production and delivery of regulatory briefings, monthly updates on key regulatory development affairs forums.
Partner and collaborate with leaders to champion change, overcome barriers and maintain momentum for Regulatory Affairs priorities.

Processes
The role holder is one of the senior leaders of Group Public & Regulatory Affairs (GPRA).

The Role holder will help lead on technology for the Regulatory Affairs team to efficiently and effectively deliver the following for the Bank:

Identify emerging regulation related to technology that would materially impact the Bank's business strategy;
Developing thematic research and briefing notes for senior stakeholders, building a track record of trusted advice
Work with internal stakeholders to shape the Bank's policy analysis and internal and external positions;
Design and implement an external engagement strategy with the key regulatory policy makers, leveraging internal stakeholders and drawing on the wider 'bench' of SCB experts.
Prepare executive management for engagement on regulatory initiatives;
Assist with messaging on regulatory policy issues in collaboration with internal experts and business heads.
Live the commitments of our Here for good brand promise, acti