Associate Director, Foreign Currency Payments Advisory

Standard Chartered India; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

A leading international bank in Singapore is searching for an Associate Director to address regulatory compliance inquiries and manage relationships with clients and regulators. The ideal candidate will have extensive knowledge of financial regulations and provide training on FEMA. This role offers comprehensive benefits, including flexible working options and continuous learning opportunities.

Benefits

Retirement funding

Insurance

Flexible working

Wellbeing support

Continuous learning opportunities

Diverse and inclusive work environment

Qualifications

• Deep understanding of regulatory guidelines in financial services.
• Excellent written and spoken communication skills.
• Knowledge in data analysis and IT infrastructure.

Responsibilities

• Engage with stakeholders for regulatory compliance.
• Handle queries related to financial regulations.
• Organize training on FEMA for clients.

Skills

Regulatory guidelines understanding

Excellent communication skills

Data analysis knowledge

Interpersonal skills

Public speaking skills

Decision-making aptitude

Problem-solving aptitude

Familiarity with IT infrastructure

Financial Services knowledge

Foreign Exchange environment knowledge

Job description

Associate Director, Foreign Currency Payments Advisory

Job Summary: Addressing pre-transaction or non-transaction related FEMA queries from clients and intermediaries, handling RBI queries related to special approvals or ad hoc cases. Guide clients on documentation requirements, review drafts and annexures prior to submission, and facilitate RBI meetings and representations to obtain regulatory clarity. Organize client training on FEMA and assist in filling regulatory forms.

Regulatory & Business Conduct: Display exemplary conduct aligned with the Group's Values and Code of Conduct. Ensure compliance with all applicable laws, regulations, guidelines, and the Group Code of Conduct. Lead Cash Management Services to achieve the Bank's Conduct Principles: fair outcomes, effective markets, compliance, and a suitable environment. Identify, escalate, and resolve risk, conduct, and compliance issues effectively.

Key Responsibilities include engagement with internal and external stakeholders such as regulators, clients, and internal teams, ensuring regulatory compliance, and managing relationships.

Skills and Experience: Deep understanding of regulatory guidelines, excellent communication skills (written and oral), data analysis knowledge, interpersonal and public speaking skills, decision-making and problem-solving aptitude, familiarity with IT infrastructure, and knowledge of the Financial Services and Foreign Exchange environment.

Qualifications: Relevant experience in financial services regulation and compliance.

About Standard Chartered: An international bank with a purpose to drive commerce and prosperity through diversity, emphasizing values such as doing the right thing, continuous improvement, and inclusivity.

What We Offer: Comprehensive benefits including retirement funding, insurance, flexible working, wellbeing support, continuous learning opportunities, and a diverse, inclusive work environment.