Job closed
Ref: HP048-1326
Job description / Role
* Regulatory relationships, regulatory change and regulatory breaches
* Drive proactive regulatory engagement and ensure effective regulatory relationship plans are in place in Saudi Arabia.
* Execute and implement functional best practices around regulatory inspections.
* Ensure proactive and timely identification, assessment, advice and dissemination of evolving legal and regulatory changes/practices and associated risks in Saudi Arabia.
* Ensure proactive engagement in regulatory reform in Saudi Arabia, 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.
* In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
Requirements
* Substantial experience (in excess of 3-5 years' relevant practice) in managing legal, compliance, regulatory and financial crime risks.
* Substantial experience in the investment banking industry.
* Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi cultural awareness and sensitivity.
* Understanding of best practice risk management techniques and frameworks.
* Deep understanding of the key features of relevant laws and regulations in Country relevant to the Group.
* Sound judgement on business practices, regulatory relationship management and reputational risk.
* Exemplary integrity, ethics, independence and resilience.
* Personal authority with proven ability to establish relationships and provide strong direction at the most senior levels of the Group and with regulators and other external stakeholders.
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.