US Regulatory Operations Lead
Company: Standard Chartered Bank
Location: New York
Posted on: September 26, 2022
Job Description - US Regulatory Operations Lead (2200023095) US
Regulatory Operations Lead - ( 2200023095 ) Job : Operations
Primary Location Schedule : Full-time Employee Status : Permanent
Posting Date : 02/Sep/2022, 2:00:41 PM Unposting Date : Ongoing
Role Responsibilities -
- Awareness and understanding of the Group's business strategy
and model appropriate to the role.
- Oversee the U.S Regulatory Operations team to define and
deliver on strategic direction for the regulatory regimes managed
out of the U.S., which include Americas regimes. Business
- Awareness and understanding of the wider business, economic and
market environment in which the Group operates. Processes
- Responsible for executing and supervising the processes and
controls for US Regulatory Operations.
- Ensure that the U.S. Regulatory Operations' process and
controls are well defined, documented and operating effectively
through oversight of offshore CRO (Central Regulatory Operations)
- Rationalize regulatory changes impacting FM (Financial Markets)
Operations' processes and controls People and Talent
- Lead through example and build the appropriate culture and
values. Set appropriate tone and expectations from their team and
work in collaboration with risk and control partners.
- Ensure the provision of ongoing training and development of
people, and ensure that holders of all critical functions are
suitably skilled and qualified for their roles ensuring that they
have effective supervision in place to mitigate any risks.
- Employ, engage and retain high quality people, with succession
planning for critical roles.
- Responsibility to review team structure/capacity plans.
- Set and monitor job descriptions and objectives for direct
reports and provide feedback and rewards in line with their
performance against those responsibilities and objectives.
- Develop the US FM Regulatory Operations direct reports' key
skillsets in a structured framework that provides visibility on
progress, gaps and direction.
- Manage relevant regimes' risks and issues, and ensure they are
visible across relevant governance.
- Responsible for identifying, assessing, monitoring, controlling
and mitigating risks to the Group, as well as an awareness and
understanding of the main risks facing the Group and the role the
individual plays in managing them. This includes identification of
key issues and risks for US Regulatory Operations teams, and
responsible to put in place appropriate controls and measures.
- Act as Regulatory Operations US's regulatory regimes' risk
control owner under the Group's Risk Management Framework from an
operational process ownership perspective. Governance
- Responsibilities relating to the direction, planning,
structure, frameworks (e.g. processes and policies) and oversight.
For example, Responsible for assessing the effectiveness of the
Group's arrangements to deliver effective governance, oversight and
controls in the business and, if necessary, oversee 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 &
- 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.
- Lead the US Regulatory Operations 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
- Responsible for the management of the following stakeholders:
Operations, Technology, Compliance, Legal, COO team, Front Office
(Trade/Sales), regulators, external vendors and other external
stakeholders as applicable.
- Act as lead point of operational contact for all stakeholders
to the relevant regimes. Other Responsibilities
- Embed Here for good and Group's brand and values in US
Regulatory Operations team.
- Ensure an ongoing strong understanding of the regulatory
transaction reporting landscape, and post-trade regulations and
requirements. This includes a strong familiarity with Dodd-Frank,
Canada and other regulatory regimes overseen by the US Regulatory
- Effective ongoing understanding of OTC derivatives. About
Standard Chartered - We're an international bank, nimble enough to
act, big enough for impact. For more than 160 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.
- 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
- Be better together, we can be ourselves, be inclusive, see more
good in others, and work collectively to build for the long
- In line with our Fair Pay Charter, we offer a competitive
salary and benefits to support your mental, physical, financial and
- Core bank funding for retirement savings, medical and life
insurance, with flexible and voluntary benefits available in some
- Time-off including annual, parental/maternity (20 weeks),
sabbatical (12 weeks maximum) and volunteering leave (3 days),
along with 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
- 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.
- Recruitment assessments - some of our roles use assessments to
help us understand how suitable you are for the role you've applied
to. If you are invited to take an assessment, this is great news.
It means your application has progressed to an important stage of
our recruitment process. Visit our careers website -
Keywords: Standard Chartered Bank, New York , US Regulatory Operations Lead, Other , New York, New York
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