Regulatory Affairs jobs in Canadá

The specific role, based in India, will be focused on Investment Guidelines Compliance and NAV Verification activities for all regions (i.e. APAC, MENA and HK). This role will report to the functional head of fund compliance in Malaysia and will be critical in supporting the global support function and the firm.

Strategy

• Awareness and understanding of the Group’s business strategy and model appropriate to the role.
• Contribute towards the future strategic direction and process innovation of Securities Services by keeping abreast of changes in customer needs, technology and business environment and taking pro‑active steps to embrace and capitalize on these changes.
• Support the roll‑out of appropriate quality management systems and other initiatives by the Company/Group.

Business

• To assist the Head Fiduciary Services to manage the operations of Fiduciary Services and NAV Verification processes (where applicable), in ensuring consistent delivery of high quality services to customers and meeting objectives set by the Group using available resources allocated while maintaining operational risk to an accepted level.
• To assist the Head Fiduciary Services in leading Fiduciary Services and NAV Verification Team (where applicable) to achieve service quality by meeting/exceeding and set service standards and achieving zero defect for the Bank customers.

Processes

• Ensure consistent delivery of high quality services to customers through meeting or exceeding customer expectation guided by the Service Level Agreement, efficiency/accuracy standards and good business processes/judgment.
• Assist the Fiduciary Services Head to achieve quality service by meeting the prescribed objectives and goals. Assist the team management in overseeing the daily operations of the NAV Verification Team and contribute towards meeting the team’s objectives.
• Assist the Fiduciary Services Head on NAV Verification Team’s individual performance, against set objectives and providing the appropriate support, motivation and guidance to staff to achieve these objectives. Contribute to the development of associates by guiding, coaching, motivating, supporting and assisting selected number of associates.
• Ensure that the set productivity targets (efficiency, accuracy, etc.), defect management and processing turnaround standards are achieved within own area of responsibility.
• Verify transactions processed by Associates and authorize those that fall within own‑delegated release authority. Checking of and/or approving the necessary against the applicable systems.
• Establish and maintain close working relationship with appropriate persons in the Spoke countries, Chennai Counterparty, Group offices and within the Company itself to facilitate an open and direct communication of issues, needs, queries, etc. such that these may be responded to in an efficient, prompt and professional manner.
• Daily Review of Fund’s Net Asset Value using Mirror NAV. Verify if SCB’s calculated mirror Net Asset Value (NAV) and Client’s Primary NAV are the same or within the allowed threshold in the SLM/SLA. Investigate variances above the threshold and ensure that necessary rectifications are made. Track all variances until rectified and escape internally for overdue items.
• Daily Review of Fund’s Net Asset Value using Risk Based Approach. Verify if variance between calculated current primary Net Asset Value (NAV) and previous NAV or benchmark are within the allowed threshold in the SLM/SLA.
• Perform daily reconciliation using Risk Based Approach (i.e. Unit, stock and cash verification, Verification of aged stock and cash breaks, Verification of price variance, Verification of outstanding derivatives, Verification of expense accruals, Verification of income accruals, Verification of stock lending (if any), Verification of dividend distribution). Track all errors and escape to client.

People & Talent

• Ensure that all staff of the department continues to be equipped and developed with the necessary knowledge, skills and tools to achieve the required level of competency to facilitate them to perform their roles and responsibilities effectively, efficiently and accurately.

Risk Management

• Be guided accordingly and aware of the roles and responsibilities for money laundering prevention as stipulated in the Money Laundering Policy, Group Sanction Policy and Escalation Procedure.
• Be guided accordingly and aware of the roles and responsibilities for money laundering prevention as stipulated in the Money Laundering Prevention (MLP) Group Policy, Money Laundering & Suspicious Transaction Guidelines for Securities Services Management, Suspicious Money Laundering Transaction Reporting Procedures and / or Monitoring Checklist, and Escalation Procedure for Suspicious Money Laundering Transactions.
• Ensure due care and diligence is exercised on day to day operational matters relating to Money Laundering and KYC, acquiring relevant knowledge and training; thus, providing support to superiors and subordinates.
• Conforming and adhering to the Team’s risk profile, by following the guidelines / policies / procedures stipulated for Operation Losses, Escalation Procedures, Securities Services Policies, etc.
• Ensure that control and security policies / procedures governing all processes in the department are in place, implemented and reviewed (as and when necessary) and to ensure that these policies / procedure not only continue to be relevant and effective in mitigating risk, but also supports the need for high operational efficiency and excellent customer service.
• Key Control Standards Assessment within department with nil over dues.
• Follow up on corrective/ preventive actions to a point where concerns arising from these findings are addressed to a satisfactory level.
• Ensure awareness and full compliance of all laid down rules, regulations, policies (including Sanctions Policy) guidelines, procedures, practices and code of conduct imposed by the Company/Group.
• No major adverse findings from internal auditors or external auditors including quality audits.

Governance

• Responsibilities relating to the direction, planning, structure, frameworks (e.g. processes and policies) and oversight. For example, Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas; Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.

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 to achieve the outcomes set out in the Bank’s Conduct Principles.
• Effectively and collaboratively identify, escape, mitigate and resolve risk, conduct and compliance matters.
• Serve as a Director of the Board.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.

Key stakeholders

• Head, Transaction Banking Operations GBS MY.
• Securities Services GBSMY – Staffs all level.
• Standard Chartered Bank various countries.
• GBS various internal department.
• Securities Services GBS India.
• Countries respective Regulator, Depository, Central Bank, etc.

For

• Reporting, approvals, directions, policies, referrals, discussions relating to operational issues.
• Referrals & discussions on systems-related issues.
• Referrals & discussions on HR-related matters.
• Referrals & discussions on processing-related issues.
• Clients Lien Accounts & IB Accounts.
• Foreign Exchange related matters.
• Payments.
• System Support.
• Vendor Management.

• Significant operational experience.
• Multiple years of experience in managing stakeholders.
• Experience of active participation in projects.
• Client centric focus with a deep understanding of client intent.
• Experience of working in the investment management industry and of investment products preferred.
• Experience of Excel Pivot functions.
• Comfortable working across multiple functions, geographies and stakeholders with maturity and judgement.
• A strong drive, sense of ownership and sense of urgency.

• Multifonds Accounting System.
• Charles River Investment Management Solution.
• Fund Accounting knowledge/experiences.
• Banking/Finance/Audit.
• Compliance Monitoring.
• Performance Measurement.
• Fiduciary Services.

We’re an international bank, nimble enough to act, big enough for impact. For more than 170 years, we’ve worked to make a positive difference for our clients, communities, and each-other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you’re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can’t wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion.

Together we:

• Do the right thingand are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle,continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together,we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter,we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance,with flexible and voluntary benefits available in some locations.
• Time-offincluding annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible workingoptions based around home and office locations, with flexible working patterns.
• Proactive wellbeing supportthrough Unmind, a market‑leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first‑aiders and all sorts of self‑help toolkits.
• A continuous learning cultureto support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation,one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential.