Head Private Banking Compliance

Job description / Role

Head Private Banking Compliance, UAE and MENA

Why Standard Chartered?
Standard Chartered is a leading international banking group operating for over 150 years in Asia, Africa and the Middle East. We've built a successful and sustainable business by playing a fundamental role in economies, helping people and businesses grow and achieve their aspirations. With over 89,000 employees representing 127 nationalities, we value the diversity and unique perspectives amongst our people. We are committed to developing their strengths and enabling them to make a difference to our success by helping them fulfil their potential.

Job Description
* To promote, lead and manage the culture and practice of compliance with the letter and spirit of all applicable legal and regulatory requirements and ethical standards in the conduct of the private banking business in MENA, so as to protect and enhance the reputation of the Bank.
* To advise management and promote best practices and company policies, as aligned to the Dubai Financial Services Authority (DFSA), Central Bank of the UAE, MENA region, and the cross-border implications across various booking centers.

Key Roles & Responsibilities
* To provide a pro-active advisory and consultancy service to the Business on compliance and regulatory issues across the region and relevant booking centers.
* To support the Business in establishing and monitoring appropriate arrangements for meeting legal and regulatory obligations and high standards of conduct of business, in accordance with Group and local standards
* To drive the development, implementation and regular review of policies and procedures on compliance risks and issues that are material to the Business, including in particular Anti-money Laundering, Know Your Customer, and fraud prevention - ensure adequate staff awareness and training.
* To establish an effective interface with Group Private Bank Legal & Compliance, Local Legal & Compliance, Group Internal Audit, Operational Risk Management, and other relevant functions to ensure compliance weaknesses are identified and addressed.
* Assume the role of MLRO for the Private Bank MENA to support the Bank's efforts in combating money laundering and terrorism financing activities.
* Ensure data protection and client confidentiality.
* Support Private Bank in the development of products through the product program process and identify generic reputation, ethical, regulatory and compliance risks affecting PB products and make recommendations for approval.

KEY MEASURABLES:

* Adherence to Compliance Plans
* Completion of planned training
* Participation in projects
* Signing off on new accounts and on-going due diligence
* Approving new products, processes and initiatives

How To Apply
Please apply online. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.
Closing Dates
The closing date for applications is 11/03/2014. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.
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.

Requirements

Qualifications & Skills
* Bachelor degree holder major in Accounting, Finance, Economics or related disciplines.
* Strong and relevant compliance experience in banking industry or regulatory body with exposure to money laundering and AML compliance.
* Good communication and interpersonal skills.
* Ability to work under pressure, meet deadlines and work effectively with business units.
* Proficiency in written English.

Knowledge of:

* Private Banking
* Wealth Management
* FCR and COB
* Relationship Management

About the Company

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.