Assistant Director, Sustainable Finance Product Control

Employer
Standard Chartered Bank
Location
Singapore, Singapore
Salary
Competitive
Posted
01 Oct 2022
Closes
04 Oct 2022
Ref
17122667
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities
The Assistant Director Sustainable Finance Solutions and Governance will have experience in governance across the Bank. They will have a knowledge of Sustainable Finance and ESG regulatory developments, supervisory standards and best practices including SCB's standards and processes. They will have a passion for Sustainable Finance and be a self-starter and quick learner.
They will ensure that the risk control environment in Sustainable Finance at Standard Chartered is reviewed regularly and all required mitigants are in place. They will be able to relate these risks and mitigants to the wider Sustainable Finance landscape and have a good understanding of Greenwashing risk.
Strategy
Support the development and implementation of sustainable finance products, with a particular focus on products and controls.
Monitor and test Sustainable Finance controls across CCIB and CPBB. This would encompass our 26 products.
Business
Ensuring that all new products, which form a significant part of the Sustainable Finance corporate plan, have robust risk controls built around them
Liaising with SF Finance to ensure that all SF revenue is reported. Where an automated reporting fix is WIP, ensure that all interim revenue booked is tracked and accounted for.
Processes
Assist Director of Sustainable Finance Governance in ensuring SF adheres to existing operational processes and work to improve or create new operational processes and controls e.g. working closely with Head of Product Solutions on governance for new products
Ensure that existing controls are implemented and reviewed regularly
People and Talent
Develop a strong working relationship with COO Functions, Finance, GRPA, Compliance, Legal, RSR, Climate Risk and Group Sustainability
Risk Management
Ensure that product constructs are robust and that risk controls are adequately implemented
Act as internal quality control within SF and ensure dipstick tests are done on pureplay clients and labelled deals
Assist in ensuring all material operational risks are identified, assessed, mitigated, monitored and reported to relevant governance forums
Assist the Director of Sustainable Finance Governance in identifying areas of operational risk for new products and new business, regulatory and thematic risks, and then being able to ensure implementation of appropriate controls to mitigate these risks
Governance
Assist with project management of key initiatives and coordinating with stakeholders across COO, Product Teams, Risk, Legal and Compliance, Finance, and others
Support the projects related to product roll outs and Sustainable Finance Governance
Develop robust structures to support Sustainable Finance solutions and their respective risk functions
Responsible for assessing the effectiveness of the SF team's arrangements to deliver effective governance, oversight and controls and, if necessary, overseeing changes in these areas
Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
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.
Help the Sustainable Finance solutions and governance team to achieve the outcomes set out in the Bank's Conduct Principles : [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
Head of Strategic Initiatives, Head of Sustainable Finance Solutions, Director of Sustainable Finance Governance, Head of ESRM, Head of Sustainable Finance, CCIB COO, RSR, Legal, Compliance
Other Responsibilities
  • Embed Here for good and Group's brand and values in first line operational risk management.
  • Ability to independently drive initiatives with minimum hands-on supervision
  • Strong communication skills and stakeholder management skills
  • Ability to work with lots of moving parts and complexity
  • Attention to detail

Our Ideal Candidate
  • Degree (BA or equivalent)
  • 5 + years banking / financial services experience
  • Experience in Sustainable Finance Preferred
Our Ideal Candidate
  • Degree (BA or equivalent)
  • 5 + years banking / financial services experience
  • Experience in Sustainable Finance Preferred

ROLE SPECIFIC TECHNICAL COMPETENCIES
  • Project management
  • Banking knowledge
  • Risk and Governance experience
  • Environmental and Social Risk knowledge
  • Regulation or Compliance experience


Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.
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