01Overview
Job Summary
This role could be based in Singapore and Malaysia. When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you select a country where the role is based. A CFCR Advisory role for Transaction Banking (TB) focused on Cash. SCB has a strong global heritage as a leading cash management bank, and this is an exciting opportunity for a seasoned risk manager to support a growing business that is at the forefront of contributing to global economies. The role holder will join the Group CFCR Transaction Banking Advisory team in their capacity as Director, CFCR Advisory, TB, Cash and support the Executive Director, Group CFCR Advisory TB, Cash, in managing all compliance, financial crime and conduct risks relating to TB Cash business, covering all TB Cash product and service offerings, especially the Clearing services supported by teams sitting in the location.
Key Responsibilities
The role holder will be responsible:
To help the Group meet its commitment of being "Here for Good" by building a sustainable framework that places Compliance,
Conduct and FCR best practice standards, at the forefront of the Group's agenda.
As an independent second line risk control function, to execute the relevant aspects of the Compliance, Conduct and FCR Principal
Risk Type Frameworks (PRTFs) through robust independent risk control and the provision of specialist advice and constructive
challenge in a manner proportionate to the nature, scale and complexity of the Group's TB Cash products and service offerings
including focus on especially the Clearing services supported by teams sitting in the location.
For the evaluation and assessment of the effectiveness of the Group's Compliance, Financial Crime and Conduct Risk commitments and requirements. To proactively support and challenge the Group's businesses and supporting functions to exhibit appropriate conduct, comply
with regulatory and compliance requirements and strive to achieve fair outcome for the Group's clients.
For maintaining independence, delivering timely responses, and timely escalation of risks and issues where the management tolerance of the firm is exceeded. For maintaining constructive and effective stakeholder relationships with the relevant business and supporting functions, and to
assist the Executive Director, Group CFCR Advisory TB, Cash, to interface with and support all key stakeholders.
For supporting the management of regulatory relationships with all of the Groups regulators, whose rules the Group is subject to.
Strategy
Contribute materially towards the development, support and implementation the vision, strategy, direction and leadership for
Executive Director, Group CFCR Advisory TB, Cash, consistent with the Global Head, CFCR Advisory, TB vision and strategy for the CFCR
function and in support of the Banks strategic direction and growth aspirations.
Provide consistent support to colleagues with responsibilities for CIB Advisory TB. Drive an increased awareness of CFCR Advisory
TB technical and strategic knowledge in regions and countries to sharpen focus on how local regulatory reform impacts the client segments. Emphasise global standards.
Business
Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on
trust, capability and integrity, providing timely, responsive and quality regulatory compliance advice and guidance to enable the business and functions to meet/ achieve their strategic/tactical objectives.
Provide robust challenge to business and functional 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.
Work closely with TB business to provide timely regulatory compliance advice to ensure compliance with all relevant laws and
regulations and support the transition to pro-active and pre-emptive compliance and conduct risk mitigation.
Provide and communicate timely CFCR related advice, analysis (and challenge when appropriate) in relation to TB business
including product design through to post sale reviews / assessments, new business initiatives, bespoke projects, remedial activities
(including nature, scale and rigour of past business reviews), and transactional advice.
Taking ownership of incoming queries by not handing them off, taking a leading role in actively becoming the go-to person for the
business/function and ensuring advice provided is consistent throughout CFCR Advisory in relation to TB Business, and ensuring
there is timely and proactive reporting to the oversight of Executive Director, Group CFCR Advisory TB, Cash.
Support the provision of timely regulatory compliance advice to ensure compliance with all relevant laws and .
