This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Job Summary

Support Head, CFCC Governance to :
• Ensure that Standard Chartered Bank's operations in the country are in line with regulatory expectations and Group requirements.
• To set and implement the vision, strategy, direction and leadership, consistent with the vision and strategy for CFCC and in support of the Group's strategic direction and growth aspirations.
• Promote the culture and practice of compliance with compliance 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.

Key Responsibilities

Business
• Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
• In conjunction with the relevant stakeholders, analyse the impact of regulatory compliance matters on the bank and its operations.
• Use general knowledge of business products undertaken in the jurisdiction to work with business compliance specialists to respond to regulatory questions and keeps the in-Country regulators updated on developments in the Bank's
Processes
• Focal point for all Regulatory interactions of specific area during onsite and off-site inspection.
• Maintain RBI relationship, monitor regulatory approvals, facilitate regulatory engagements, ensure compliance with relationship with regulators standards, build relationships with other regulators
• Maintain and track regulatory commitments.
• To coordinate with RBI,



seek clarification and liaise with business stakeholders, track responses and escalate as and when required
• Assist in building easy and productive automated solution to bring efficiencies in the processes.
• Maintain DOIs for the processes handled.
• Work with the Head, CFCC Governance to manage and develop the relationship with the regulators in accordance with the Regulatory Relationship Plan.
• Ensure the Bank is properly prepared for regulatory inspections and coordinating responses with the business.
• Providing governance and oversight over the implementation of CFCC related policies and procedures in Country to ensure compliance with such policies and procedures.
• Provide advice to relevant business & functions stakeholders on compliance with Group standards & regulatory matters relating to CFCC.

• Provide Advisory Services to support functions like Information Technology, Human Resources, Finance and Third Party Risk Management.
• Proactively monitor regulatory developments to manage the regulatory impact of complex regulatory matters on the Bank's business and its operations
• Provide guidance on the proper application and interpretation of banking laws, regulations and policies applicable in Country.
• In the event of serious regulatory breaches, or where risk tolerances have been breached,



assist in critical workstreams in order to ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
• Track significant issues arising from CFCC metrics, Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
• Co-ordinate/support the management of audits/exams.
• Act as (second line) Risk Control Owner under the Group's Risk Management Framework for those aspects of Non Financial Regulatory Reporting and escalate as appropriate.
• Disseminate regulatory circulars and notifications bank wide to help in timely implementation of the same Send various
Risk Management
• Maintain oversight of risk mitigating action plans.
• Apply Group and CFCC policies and processes to manage risks.
• Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
• Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.

• Map risks, quantify the potential impact and escalate where necessary.
• Support in deciding Residual Risk Assessment.
• Provide intelligence inputs to support calibration of bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
• Oversee the review and analysis of the client base to identify and manage high risk clients, or speci

📌 Director Regulatory Compliance (Mumbai)
🏢 Standard Chartered Bank
📍 Mumbai