New Job Vacancy at Standard Chartered Bank International – Head, Client Structure and Transaction Reviews | TZ JOB CONNECTION : Tanzania Jobs Connection , Nafasi Za Kazi 2019, Ajira Mpya 2019, Mabumbe Jobs,

Standard Chartered

Job
in Tanzania 2021: New Jobs Opportunities at Standard Chartered, 2021

Standard Chartered Bank Jobs

Head, Client Structure and Transaction Reviews – (2100002048)
Job: Operations
Primary Location: ASEAN & South Asia
Other Locations: Greater China and North Asia, Africa & Middle East, Europe & Americas
Schedule: Full-time
Employee Status: Permanent
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About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It’s
about showing how you embody our valued behaviours – do the right
thing, better together and never settle – as well as our brand promise,
Here for good.

We’re committed to promoting equality in the
workplace and creating an inclusive and flexible culture – one where
everyone can realise their full potential and make a positive
contribution to our organisation. This in turn helps us to provide
better support to our broad client base.

The Role Responsibilities
Build
Own Operate (BOO) the Client Structure & Transaction Reviews (CSAT)
team, a specialised team engaged in facilitating and conducting in
depth end to end risk review of Corporate, Commercial and Institutional
Banking (CCIB) client relationships, structures and transactions; in
accordance with consistent standards, controls and levels of conduct
& valued behaviours.

Deliver significant improvement in
frontline risk culture and standards of excellence particularly in
relation to 1st party fraud risk management. Embed appropriate mechanism
to augment existing controls through a proactive review approach to
identify indicators of client risk, enabling early action and minimise
potential losses.

Assess
the economic, commercial environment of the Bank’s footprint in
conjunction with the Bank’s strategic business plan and develop a
targeted client review agenda covering key risk themes, industries,
products and structures in alignment with relevant stakeholders
Spearhead
the implementation and embedding of CSAT within the Client Coverage
organisation. Ensure that the model is effective, best-in-class,
risk-based and fit for purpose
Engage all the relevant teams
across businesses, functions, and stakeholders to ensure CSAT
effectively targets the highest risk and impact sectors and clients and
seamlessly integrates into the overall TOM of CCIB with minimal business
disruptions
Reshape the scope and remit of CSAT in accordance with the Bank’s client, geographic, operating strategy and risk appetite
Develop and raise the profile of the CSAT team with Business and second line stakeholders
Ensure alignment between onshore and offshore team members in terms of roles and responsibilities and oversight.

Business
Set
up and lead a team of specialists engaged in conducting periodic risk
based and/or trigger event-based reviews / investigation of CCIB client
relationships, structures and transactions, primarily focused on:

credit
and fraud risk covering all relevant aspects of the client’s profile
and business activities including but not limited to promoters,
management, financial statements, products offered, facility structure,
current account behaviour and trade finance transactions executed;
assimilating
a range of financial and transactional information which will need to
be analysed by the team employing a wide range of diverse skill sets and
tools available within the broader CCIB organisation

Ensure
that the team is ably equipped with the best in class MIS, risk
management tools, and other data analytics required in support of
execution of its responsibilities
Nurture collaborative work across
skill sets within the team to enable effective stringing together of
seemingly unconnected information to draw well-reasoned review
conclusions
Establish and maintain a set of roles and
responsibilities across the multiple surveillance operations
capabilities that will need to work in a coherent manner in support of
the CSAT team’s agenda
Familiarity with relevant parts of the CCIB
organisation and good connectivity with process owners and other
stakeholders with client level information that may be used as input in
review activity
Access specialised skill sets where necessary and appropriate across the broader organisation and teams
Develop
awareness of business changes, predict challenges and identify
opportunities to optimise people & processes and add value to client
& frontline
Manage budgeting and resourcing requirements for all
review activity and ensure optimal allocation of resources within
constraints of approved budgets

Processes
Ensure
smooth execution of client review/investigation activity in tandem with
established global business processes, including:

Effective prioritisation of clients and themes
Focused communication between review teams and relevant stakeholders based on focused requests for information
Clear and well documented articulation of the results of analysis concluded backed by facts and thorough analysis
Timely escalation of risk relevant issues and support to stakeholders in handling escalations
Develop practical action plans for issues identified, influence and align with stakeholders
Governance of the team’s activities and processes to fully meet standards expected by both the 2nd and 3rd Line of Defence

People and Talent

Develop a highly engaged CSAT team with a strong oversight on talent management and hiring
Identify
and nurture capable and multi-functional human resources in the areas
of transactional review / investigations, credit analysis, design and
process management
Ensure a high-performance team and manage
processes to identify knowledge and skill gaps with the ability to
provide appropriate training in a timely manner to achieve optimum
quality output
Lead through example and build the appropriate culture and values, embedding a high level of team engagement
Set
the appropriate tone and expectations for team and work in
collaboration with CCIB Fraud Operations, risk and control partners,
global process owner teams, and Business teams
Ensure team structure / capacity is reviewed to enable effective delivery
Maintain satisfactory morale and productivity of the team

Risk Management

Develop
inputs from stakeholders on emerging fraud risk issues and target
investigations accordingly, developing ways and means for design and
execution of appropriate new/amended review processes
Document
and monitor review methodology and process to determine bespoke aspects
of the review process to cater for special client situations
Identify and advocate client action plans resulting from the reviews, socialising and aligning with key stakeholders
Present
relevant details of review activities at various forums and committees
and engage senior stakeholders on patterns and trends
Interact
with providers of various tools and databases and ensure relevant
technologies are considered in the continuing evolution of review
processes
Establish effective relationships within CCIB, Trade
Product/Operations/Risk, Fraud Risk, CFCC, Operational Risk, Credit
Risk, GSAM etc.
Work closely with relevant second line risk
functions for guidance on complex risk issues and actively provide
feedback for policy and process gaps and revisions required

Governance

Set
up and manage the oversight forum for the team’s activities,
effectively engaging senior stakeholders across CCIB and second line of
defence to ensure the team’s activities are fully integrated with the
Bank’s strategy, corporate plan, and business and control functions
agenda
Ensure that thematic risks are clearly identified and documented and properly tabled in the appropriate forums
Senior escalation point for stakeholders on client risk related issues
Represent the CC COO function as required in the relevant governance forums from a Fraud Risk perspective
Lead,
and monitor strict adherence to regulatory requirements, best
practices, and a state of ever-readiness for audit & regulatory
reviews, with respect to CSAT responsibilities

Regulatory & Business Conduct

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 CSAT team to achieve the
outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for
Clients; Financial Crime Compliance; The Right Environment.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders
Internal
CCIB MT and Regional/Country Heads

Global and regional Trade Product Heads
CCIB COO teams
Group Fraud Risk team
CCIB Fraud Operations team
Regional and Industry CCOs and their teams
FIU, i3, FIT
Trade Ops
Product Organisation
Operational Risk, CCIB
CRO teams
NFRC members
CLDM team
CFCC CCIB
GBS Hubs
GIA
External Auditors

Our Ideal Candidate
12
years of overall experience preferred with atleast 5+ years of
experience in one or more core areas from Credit Risk, Fraud Risk, Legal
Risk, Financial Crime, within commercial or corporate banking at a
leading commercial bank, preferably with international exposure
Bachelor’s/Master’s degree in Business/Finance/Accounting and/or professional certifications (e.g., CFA, CFE, CPA) preferred
Proven
experience predominantly in trade and lending fraud risk management,
ideally with relevant exposure to trade finance, other forms of working
capital finance, financial statement analysis and investigations.
Relevant experience in relationship and/or risk management will be a
plus including a broad understanding of the CCIB Business segments and
activities
Thorough understanding of

Business,
products, processes, risk management practices, and internal controls
in a commercial, corporate and institutional banking environment
All relevant aspects of corporate finance, financial accounting standards, financial statement analysis etc.

Thought
leadership and proven ability to lead and manage a global team and
effectively collaborate with a wide range of stakeholders
Excellent oral & written communication and presentation skills
Demonstrated ability to:

Successfully
handle challenging roles requiring inter alia strong leadership,
negotiation, investigation and collaboration skills
Work with
all levels of management and staff, successfully manage and engage
multiple stakeholders, negotiate effectively in situations involving
conflicting interests and positively influence key decision makers on
critical issues
Liaise and coordinate on an ongoing with various parts of the Bank, including senior business and risk stakeholders
Proactive and positive with the ability to make good/sound decisions and use independent judgement
Ability to influence and align action plans with senior business stakeholders
Maintain control, direction and motivation in an ever-changing business environment
Coach/mentor individuals of varying seniority

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Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages. We welcome conversations on flexible working.
Posting Date: 26/Feb/2021, 7:58:56 AM
Unposting Date: 29/Mar/2021, 1:59:00 AM