Standard Chartered Bank Job Vacancy : Legal & Compliance Manager, Retail Clients

Standard Chartered Bank Job Vacancy : Legal & Compliance Manager, Retail Clients

Job description

PURPOSE: (Please explain succinctly the reason for existence of the role)
⢠Provide guidance on the proper application and interpretation of laws and regulations applicable to the Retail business.
⢠Ensure proactive and timely monitoring, identification, dissemination and advice of legal and regulatory developments, changes and practices and associated risks.
⢠Ensure adequacy of controls to mitigate legal and compliance risks and roll out legal and compliance policies and procedures in-country.
⢠Support preparation of regulator’s inspection of Retail business by attending of information requests, pre-inspection questionnaires and inquiries during the regulator’s inspection.
⢠Implement the Retail Compliance Monitoring Programme and ensure timely conduct of compliance reviews.
⢠Ensure active involvement in management of critical issues that have a significant regulatory impact on Retail ‘s business operations within the country.
⢠In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure Head of Retail Clients Legal & Compliance the relevant Retail business and senior management are informed and that actions are taken quickly to remediate and/or activities are ceased.

Key Roles and Responsibilities

RETAIL BUSINESS SUPPORT
⢠Assist the Head Retail L & C in managing responsibility for and the management of Retail Legal and Compliance risk incountry.
⢠Key point of reference, advice and support for Retail Legal and Compliance issues raised by Retail business, Country Legal, Country Compliance, Retail 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 of relevant risk forums.
⢠Use technical knowledge of all Retail business products offered in-country to provide sound, technical product, legal, compliance and transactional advice to the Retail business.
⢠Ensure material Legal and Compliance risks are identified and appropriately mitigated in product approval processes. Review and approval the Country Addenda of Product Approval Documents for local and cross-border regulatory risks.
⢠Anticipate the impact of legal and regulatory developments on the Retail business and communicate their impact to the Retail business.
⢠Promote active cooperation with the Retail business and within the function and encourage a collegiate.
LEGAL AND COMPLIANCE
⢠Provide guidance on the proper application and interpretation of laws and regulations applicable to the Retail business.
⢠Ensure proactive and timely monitoring, identification, dissemination and advice of legal and regulatory developments, changes and practices and associated risks.
⢠Ensure adequacy of controls to mitigate legal and compliance risks and roll out legal and compliance policies and procedures in-country.
⢠Support preparation of regulator’s inspection of Retail business by attending to information requests, pre-inspection questionnaires and enquiries during the regulator’s inspection.
⢠Support Head of Retail Clients Legal & Compliance implement the Compliance Monitoring Programme and ensure timely conduct of compliance reviews.
⢠Ensure active involvement in management of critical issues that have a significant regulatory impact on Retail’s business operations within the country.
⢠Work with country Compliance and Retail business heads to ensure the coverage of all legal work which is aligned to the Retail business e.g non-material disputes, HR legal issues, commercial disputes, acquisitions, legal projects undertaken at country level.
⢠In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure Head of Retail Clients Legal & Compliance is advised and in turn the relevant Retail business and senior management are informed and that all actions are taken quickly to remediate and/or activities are ceased.

Qualifications and Skills

KNOWLEDGE SKILLS AND EXPERIENCE:
⢠Advocate of the High Court of Kenya
⢠Ability to identify and dimension key legal and regulatory compliance risks and mitigants
⢠Excellent legal and compliance judgement to enable the provision of sound advice in difficult areas of law, regulation and practice and the proactive management of legal and compliance risk.
⢠Sound judgement of business practices and reputational risk.
⢠Personal authority, integrity and a proven ability to establish relationships with senior stakeholders, build a strong leadership and management qualities, excellent interpersonal skills and a multi-cultural awareness and sensitivity.
⢠Excellent verbal and written communication skills
⢠Independence, robustness and resilience
⢠Proven track record of experience in-house or in private practice.

Diversity and 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.

How to Apply

Submit your CV and Application online : Click Here