Associate Director ICS Standards (Malaysia, India)

Standard Chartered Bank; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading financial institution in Kuala Lumpur seeks an Associate Director I CRS Standards to develop and maintain IC standards and controls. This role involves ensuring compliance with local and international regulations, actively collaborating with stakeholders, and supporting change management initiatives. The ideal candidate will have experience with industry standards and frameworks, along with strong leadership and communication skills.

Qualifications

• Experience with industry frameworks such as NIST 800, ISO 27001, PCI-DSS, and SWIFT is preferred.
• Excellent communication and leadership skills to collaborate with internal and external stakeholders.
• Ability to adapt to regulatory changes and ensure compliance.

Responsibilities

• Develop and maintain IC standards and controls.
• Support the change management process for IC standards.
• Collaborate with internal and external stakeholders.

Skills

Development of IC standards

Regulatory compliance

Stakeholder collaboration

Job description

Associate Director I CRS Standards (Malaysia, India)

• Develop and Maintain Standards and Controls:
• ICS Standards and Controls Development: Contribute to the creation and continuous improvement of the bank's IC standards and controls. Ensure these standards incorporate the latest industry frameworks, such as NIST 800, ISO 27001, PCI‑DSS, and SWIFT.
• Controls Library Management: Support the maintenance and enhancement of the IC controls library, ensuring it is up‑to‑date, comprehensive, and reflective of the bank's risk profile and regulatory requirements.
• Change Management: Support the change management process for IC standards, ensuring that changes are well‑documented, communicated, and implemented with minimal disruption. Develop and enforce procedures for managing exceptions and deviations from the standards.
• Regulatory Compliance:
• Regulatory Mapping and Integration: Map all relevant regulatory requirements to the IC standards, ensuring the bank's operations comply with local and international regulations. Maintain an up‑to‑date understanding of regulatory developments and adjust the IC standards accordingly.
• Compliance Assurance: Provide high quality and timely support to compliance and audit teams to conduct regular assessments and audits, ensuring adherence to IC standards. Address any findings or non‑compliance issues promptly and effectively.
• Stakeholder Collaboration:
• Internal Collaboration: Collaborate with various internal stakeholders, including business units, function CISOs, CIOs, and risk management teams, to ensure a cohesive approach to implementing IC standards.
• External Engagement: Support relationship and preparation for contact with external bodies, including industry associations, regulatory authorities, and other financial institutions. Participate in industry forums and working groups to stay informed about emerging threats and regulatory changes.
• Simplification:
• Simplification Initiatives: Contribute to the efforts to simplify the IC standards, making them more user‑friendly and easier to implement. This includes reducing complexity, eliminating redundancies, and ensuring clear and concise documentation.
• Strategy, Business & Governance:
• Strategic Leadership: Support execution of a strategic plan for the bank's IC standards and controls, ensuring alignment with the bank's broader business goals and risk management strategies. Anticipate future trends and challenges, and proactively adapt the strategy to meet evolving needs.
• Business Integration: Ensure that IC standards are seamlessly integrated into business processes and decision‑making. Work closely with business leaders to understand their needs and challenges, and provide tailored advice and solutions.
• Governance Framework: Present to governance committee ensuring alignment with the bank's overall governance structure. This includes developing procedures for managing and enforcing the standards.