Director, Regulatory Change and Operations

4 weeks ago


Singapur, Singapore Standard Chartered Full time

Wealth and Retail Banking (WRB) aims to become the leading Cross-Border Affluent Bank and Wealth Manager. This role will sit within the Group Wealth Solutions COO team and will be responsible for implementing regulatory changes related to wealth solutions, with primary focus on transactions reporting regulations (MiFID, MAS, HKMA, EMIR) and global extra-territorial regulations.

The role involves strategic planning, managing regulatory changes, mitigating risks, and ensuring adherence to industry standards and regulations.

JOB RESPONSIBILITIES
  • Develop and implement strategic plans to manage regulatory changes impacting Wealth Solutions.
  • Align regulatory change initiatives with the overall business strategy to ensure seamless integration.
  • Monitor industry trends and regulatory developments to proactively address potential impacts on the business.
BUSINESS RESPONSIBILITIES
  • Lead regulatory change projects, ensuring timely and effective implementation.
  • Manage transaction reporting compliance across multiple regimes (MiFID, EMIR, HKMA, MAS) for WRB business.
  • Collaborate with business leaders to interpret regulatory requirements and their implications on business operations.
PROCESS RESPONSIBILITIES
  • Design and optimize business processes to ensure compliance with regulatory requirements.
  • Implement robust governance frameworks to manage regulatory changes and operational risks.
PEOPLE & TALENT RESPONSIBILITIES
  • Foster a culture of compliance, innovation, and continuous improvement within the team.
  • Maintain strong stakeholder engagement with 2LoD, T&O, Financial Markets, Regional and Country Regulatory implementation teams.
RISK MANAGEMENT RESPONSIBILITIES
  • Identify, assess, and manage risks associated with regulatory changes and operational processes.
  • Develop and implement risk mitigation strategies to minimize the impact of regulatory changes on business operations.
IDEAL CANDIDATE
  • 10+ years of experience in Wealth Management, Regulatory Change, Risk Management, or Operations.
  • Solid knowledge of Wealth Management and capital markets products and operational process flows.
  • Deep understanding of regulatory frameworks, risk management principles, and their impact on wealth management operations.
WHAT WE OFFER
  • Competitive salary and benefits to support your mental, physical, financial and social wellbeing.
  • Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days).
  • Flexible working options based around home and office locations, with flexible working patterns.
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