Compliance Manager and CDD Advisor at Standard Chartered Bank

Standard Chartered Bank We're an innovative bank at the heart of some of the most vibrant markets. Our distinctive culture and values act as our moral compass and are the reason why clients and customers choose to bank with us, and our employees want to join and stay with us.

We are currently recruiting for the position of:

Job Title: Compliance Manager and CDD Advisor

Job ID: 354135

Full/Part Time: Full time

Job Description

Lead in the identification of material regulatory risks in-country through measured analysis of factual scenarios and/or documentation.
Anticipate, access and communicate key regulatory risk trends in-country, for management consideration, drive the development and implementation of appropriate mitigation control measures.
Identify new banking regulations and laws and ensure the implications are appropriately notifies to all relevant parties.
Manage and develop the relationship with the country's Regulator, along with the Country Head of Compliance, according to the Regulatory Relationship Plan.
Build trust through meeting regulatory commitments and having regular briefings with the regulators.
Ensure the bank is properly prepared for Regulatory inspections and coordinating the response with the business.
Support FCR in acting as the Bank's single point of cintact for inquiries related to SARs or investigations. Maintain a good working relationship with the relevant authorities, regulatory bodies and enforcement agencies (e.g Central Bank, Financial Intelligence Unit, Police Force etc).
Support FCR Operations on SARs and related investigations.

Responsibilities

Regulatory Risk Identification and Policy Setting
Lead in the identification of material regulatory risks in-country through measured analysis of factual scenarios and/or documentation.
Anticipate, access and communicate key regulatory risk trends in-country, for management consideration, drive the development and implementation of appropriate mitigation control measures.
Identify new banking regulations and laws and ensure the implications are appropriately notifies to all relevant parties.
Regulatory Relationship Management
Manage and develop the relationship with the country's Regulator, along with the Country Head of Compliance, according to the Regulatory Relationship Plan.
Build trust through meeting regulatory commitments and having regular briefings with the regulators.
Ensure the bank is properly prepared for Regulatory inspections and coordinating the response with the business.
Support FCR in acting as the Bank's single point of cintact for inquiries related to SARs or investigations. Maintain a good working relationship with the relevant authorities, regulatory bodies and enforcement agencies (e.g Central Bank, Financial Intelligence Unit, Police Force etc).
Support FCR Operations on SARs and related investigations.
Provide timely regulatory advise and recommedations on key issues (including on Prudential Regulation, in partnership with Finance and Risk Functions) and proactively monitor regulatory developments
Provide guidance on proper application and interpretation of banking laws, regulations and policies applicabel to the country.
Ensure AML regulations, policies and requirements are clearly communicated to management and staff members.
Set control standards and provide advise on the development of appropriate controls for the mitigation of regulatory risks.
Assist in overseeing relevant admistration and licensing as required by the local regulatory requirements.

Requirements:

Knowlegde of the Bank's areas and their products and the relevant regulatory and legal requirements that apply.
Knowledge of the system of internal controls that enables effective mangement of the affairs of the Group locally. Detailed knowledge of local risk reporting and governance/management structures, and the regulatory and legal obligations of country management.
Ability to identify and assess relevant laws and regulations to provide solutions to business needs. Detailed knowledge of local laws and regulations including: an ability to anticipate future regulatory requirements based on thorough research; a thorough knowledge of Group policies and how they apply to the local market environment; ability to offer considered practical and cost effective solutions to ensure regulatory compliance.
The ability to manage the relationship with the relevant government and regulatory stakeholders, to understand their concerns and influence them to effectively manage our external operating environment. A good operational knowledge of the processes and procedures involved in the maintenance and enhancement of the Regulatory Relationship Plan. The strategic ability to influence local regulators through effective communications of our business intent.
Knowledge of local regulations, Group and business policies and procedures as they apply to local business products. Knowledge of local and regional/global (where appropriate) regulatory developments and understanding of how these affect local delivery of products and services. High-level of understanding of the products and services of the Bank.

Qualifications:

First degree (minimum of 2:2) in any numerate discipline. Post qualification is an added advantage.
Eight (8) years post qualification experience.
Experience in Operations, Legal, Finance or Risk Management.
In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required.

Application Closing Date:

24th October, 2012

Method Of Application:

Interested candidates should

Click here to apply online

Note: When the page opens, at the Location dropdown, select Nigeria - SCB and click Search, then click job title

Hello there! If you are new here, you might want to subscribe to receive Free Job Alerts by email. Don’t worry, your email address is secured: