Business Head of L&C | Standard Chartered Bank- Accra, Ghana

Job Details:
- Provide legal and compliance support to the Retails Clients (RC) business.
- Take responsibility for and lead the management of retail clients business compliance with regulatory requirements and internal compliance policies and procedures.
- Lead, promote and manage a culture and practice of compliance and ethical conduct within the RC business. Ensure that the RC business is conducted in accordance with all laws and regulations and the ethical standards adopted by the SCB Group.
- Implement, at a country level, the vision, strategy and direction set by the Country Head of Legal and Compliance.
- Lead and manage RC L&C Team where applicable and manage the Team budget accordingly.
Key Roles and Responsibilities
Retail Banking (RB) Business Support
*.Central point of reference advice and support for RB legal and compliance (L&C) issues raised by RB business , country legal, country compliance, RB Central L&C Team and other stakeholders. Provide legal and compliance advice, briefings, recommendations and reports on material legal and compliance risks and issues to all stakeholders.
*.Contribute to the effective management of legal and compliance risks in-country through active participation at the RB Operational Risk Meetings.
*.Use of technical knowledge of all RB business products offered in-country to provide sound technical product, legal, compliance and transactional advice to the RB business.
*.Ensure material legal and compliance risks are identified and appropriately mitigated in product approval process. Review and approve the Country Addendum of product Approval Documents for local and cross-border regulatory risks.
*.Anticipate the impact of legal and regulatory developments on the RB business and communicate their impact to the RB business.
*.Promote active cooperation with the RB business and within the function and encourage a collegiate working environment.Legal & Compliance
*.Provide guidance on the proper application and interpretation of laws and regulations applicable to the RB business
*.Ensure proactive and timely monitoring, identification, dissemination and advice of legal and regulatory developments, changes and practises and associated risks.
*.Ensure adequacy of controls to mitigate legal and compliance risks and roll out legal and compliance policies and procedures in-country.
*.Establish and maintain effective processes, including training, advice and support, to ensure that legal and compliance policies, procedures and standards are effectively implemented in-country.
*.Support Country Head of Legal and Compliance in delivery the Regulatory Relationship Plan and ensuring RB business strategy and key initiatives are included as part of the plan.
*.Support preparation of regulator's inspection of RB business by attending to information requests, pre-inspection questionnaires and enquires during the regulator's inspection.
*.Implement RB Compliance Monitoring Programme and ensure timely conduct of compliance reviews.
*.Assume active involvement in management of critical issues that have a significant regulatory impact on RB's business operations within the country.
*.In the event of serious regulatory breaches, or where risk tolerance have been breached, responsible for ensuring the relevant RC business and senior management are informed...
[Apply on company's page]

*[Report Job Scams]

.. Subscribe to CareerSpace.info by Email »

No comments: