Legal and Compliance Manager

Job Description
	Support the Head of Legal and Compliance in driving, coordinating and implementing the strategy and vision of the L&C functional strategy.  Assist in the promotion and management of the culture and practice of organizational compliance in support of the Groups ethical standards and strategic intentions and growth aspirations.  Execute on the establishment and maintenance of frameworks in order to identify, assess, manage, monitor and mitigate legal and compliance risks including regulatory and financial crime risks.  Ensure close and effective relationships are maintained with regulators within country and the efficient regulatory change management
	Key Roles & Responsibilities
	Regulatory Risk Identification and Management and Policy Setting Assists the Head of Legal and Compliance and Senior Management in ensuring that the Bank and its subsidiaries operate in accordance with the relevant local requirements and Group regulatory compliance standards, so as to protect and enhance the reputation of the Bank. Leads in the identification of material regulatory risks in-country through measured analysis of factual scenarios and / or documentation. Anticipates, assesses and communicates key regulatory risk trends in-country, for management consideration, and drives the development and implementation of appropriate mitigation control measures. In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure local senior management and functional management, as well as relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased. Co-ordinate the implementation of the Obligations Register and ensuring same is updated on an ongoing basis in order to ensure it reflects all current regulatory obligations and the controls implemented in relation to same. Regulatory Relationship Management Support the Head of Legal and Compliance in proactively engaging the regulators and managing these relationships.  Ensue that an effective country regulatory relationship plan is in place and kept updated. Ensures the Bank is properly prepared for Regulatory inspections and coordinating the response with the business.  Execute and implement functional best practices around regulatory inspections. Regulatory Reform Ensure proactive and timely identification, assessment, advice and dissemination of evolving legal and regulatory changes/practices and associated risks.  Identifies new banking regulations and laws and ensures the implications are appropriately notified to all relevant parties. Ensure proactive engagement in regulatory reform initiatives, including ensuring identification and escalation of regulatory reform proposals, participation in local internal regulatory relationship and reform forums and memberships of local external industry forums.    Ensure alignment in regulatory reform agendas relating to the Business and function. Regulatory Advice and Business Partnering Provides timely regulatory advice and recommendations on key issues.  Uses general knowledge of business products undertaken in the jurisdiction to work with business compliance specialists to respond to regulatory questions, and to keep the local regulator updated on developments in the businesses. Provides guidance on proper application and interpretation of banking laws, regulations and policies applicable to the country. Support the business in the management of any required licensing and approvals and the Head of Legal and Compliance in the management and coordination of all regulatory correspondence. Assist country management to ensure internal resources, systems, procedures and controls are in place, documented and operating effectively in order to mitigate money laundering risk.   Co-ordinates implementation of country level programmes and initiatives to enhance AML awareness and effort. Proactively drives the development and maintenance of good relationships with internal and external stakeholders at appropriate levels ensuring an open and cooperative environment. Ensures close working relationship with the business, operational risk and Financial Crime Compliance (FCC) resources and ensures that there is a clear delineation of duties and responsibilities among various parties. . Regulatory Compliance Training Delivers or procures delivery of a program of activities that educates and encourages managers and staff to operate in compliance with relevant laws, regulations and policies. Such training would include key group compliance and regulatory issues, for example Outsourcing, Senior Management Responsibilities and Code of Conduct. Manage, coordinate and deliver appropriate training programme to ensure staff members are sufficiently trained to apply and administer AML related controls in their day to day business activities. Assists in the development of an effective country-wide compliance culture by promoting the benefits of ethical business conduct and the benefits of compliance. Compliance Monitoring Composes and coordinates the implementation of a risk-based Compliance Monitoring Plan including the necessary risk assessment, business engagement and co-ordination within other functional/business/product compliance reviews. Assists with ensuring all Control Room procedural requirements are met, including PDRs and disclosure requirements. Compliance Reporting Prepares regular and accurate reports that demonstrate understanding, provide clear analysis and are escalated to the relevant risk managers and governance bodies. Handles ad hoc enquiries and surveys as requested by the regulators from time to time. Reporting to Country, Group and management on the country overall AML status.  This includes reporting of AML metrics, trends and risks (both existing and emerging) for management actions and decisions
	Qualifications & Skills
	Compliance and Legal Experience –  minimum of 5 years compliance/risk management experience with preference for basic legal training or experience in legislative interpretation and application. Product Knowledge - Knowledge of business areas and their products and the relevant regulatory and legal requirements that apply. Governance and Legal Structure - Knowledge of the system of internal controls that enables effective management 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. Interpretation & Regulatory/ Policy Advisory Guidance – The 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; an ability to offer considered practical and cost effective solutions to ensure regulatory compliance. Governmental and Regulatory Relationships – The ability to manage the relationship with 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. Products and Services Delivery - 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. Business management – Ability to make balanced commercial judgments and provide pragmatic solutions.  Ability to drive efficiencies and innovation in achieving objectives.  Good relationship and customer management skills.
	Diversity & Inclusion
	Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential. APPLY