Asso Dir,
Standard Chartered · Banking & Financial Services
- Bangalore, Morocco
- On-site
- Posted today
About the job
Job Summary
This role supports Director in design and automation of processes and tools for a leaner, faster and more agile function. Key responsibilities would include:
Help implement multi-year Surveillance strategy aligned with regulatory expectations and business growth, including but not limited to Cross Product implementation and testing (Change and transformation program)
Identify and prioritize automation opportunities across the entire Surveillance value chain – data ingestion and alert generation to alert investigation for efficiency gains and better accuracy
Develop and maintain a multi-year “Surveillance Automation Roadmap”, which will include use of AI, where possible
Provide support to Analytics and Data & Optimisation teams, with challenge and oversight provided to their outputs
Act as the primary liaison between Surveillance and Technology team
Key Responsibilities
Strategy
Help the Group meet its commitment of being “Here for Good” by building a sustainable compliance framework that places regulatory and compliance best practice standards in the aspect of data quality management and project management, and a culture of appropriate conduct at the forefront of the Group’s agenda
Maintain constructive and effective relationships with Technology Heads of Compliance and Business.
Maintain independence, deliver timely responses, and timely escalation of risks and issues in projects where they feel risk management tolerance of the firm are exceeded
Collaborate with Change Management & Technology to deliver the Trade Surveillance priorities
Assess, analyse, and interpret outputs from MARA assessments and provide oversight and challenge with scenario design and calibration, data remediations and coverage to ensure surveillance adaptation to new products (e.g., crypto, derivatives) and trading behaviours.
Partner with Surv. Data & Optimisation team; interpreting and following up on implementation of projects and where required liaise with Front Office, Change, Technology, and Data teams to enhance data pipelines and surveillance capabilities.
Continually find opportunities across the entire Surveillance value chain – from data ingestion and alert generation to alert investigation – for automation for reduced risk and efficiency gains.
Develop and maintain a multi-year “Surveillance Automation Roadmap”, which will include use of AI, where possible.
Establish a continuous feedback loop from the Monitoring team, especially the analysts on understanding the pain points to be addressed via automation or other technical means.
Business
Awareness and understanding of various market abuse regulations globally in which the Group operates. Understanding the Group’s business strategy as well as Compliance mandate in supporting the business.
Build and maintain an effective and constructive relationship with all key business and functional stakeholders to enable the business and functions to meet/ achieve their strategic tactical objectives.
Processes
Support, challenge, and provide oversight in the development of analytics methods to enhance scenario alerts generation, improve data quality and facilitate better data mapping through feedback and collaboration with Data, Analytics and Optimisation teams, ensuring process refreshes in D&A team are in line with i) regulatory requirements and expectations and ii) FMTS MAR Surv Strategy.
Support and direction for activities including requirements specifications, prioritization, UAT, regression testing on Surv BoW, etc.
Timely mitigation and resolution of risks and issues, establishments of effective controls, in collaboration with all relevant stakeholders
Participate in the scenario logic reviews, enhancements and lead the engagements with stakeholders for implementation. Also includes authoring and reviewing specification documents relating to scenarios in collaboration with Analytics and Optimisation team.
Risk Management
Identify key issues of the workstreams assigned and work towards resolving, if not escalating where required. Collaborate with other teams to ensure risks are comprehensively identified, assessed, and managed. Support all control checks approved by Operational Risk Framework (ORF) & be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework. Comply with and adhere to relevant risk management policies
Governance
Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role. Provide robust challenge to senior management and all relevant business 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
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.
Key stakeholders
Other teams within Compliance Surveillance and Other functions within the wider Compliance function e.g., Advisory, Assurance. Business / Front Office
Skills and Experience
Financial Markets
Data and Analytical Skills
Statistics
Programming Skills
Written and Communication skills
Qualifications
Minimum bachelor’s in computing, information technology, or similar quantitative field. Experience of 10+ years
Project management experience and experience in working with multi geography teams
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.