Director, CFCR Advisory

Standard Chartered Bank; Singapore; On-site; SGD 90,000 - 120,000; Full time

Job summary

An international financial institution in Singapore is seeking a Compliance Advisor for a 24-month contract. You will play a vital role in client onboarding, ensuring regulatory compliance for FinTech and Digital Asset clients. The ideal candidate has over 8 years of experience in Financial Crime Compliance within financial institutions. Strong communication and stakeholder management skills are essential. This position offers competitive pay and numerous benefits aimed at well-being and professional growth.

Benefits

Competitive salary

Flexible working options

Time-off benefits

Proactive wellbeing support

Continuous learning culture

Qualifications

• 8+ years experience in Financial Institutions or FinTech.
• Knowledge of financial crime regulations in multiple markets.
• Ability to foster relationships at senior levels.

Responsibilities

• Provide support for FinTech and Digital Assets client onboarding.
• Lead assessments of regulatory compliance risks.
• Ensure effective implementation of CFCR policies.

Skills

Financial Crime Compliance

Regulatory Compliance

Stakeholder Management

Risk Management

Communication Skills

Education

University Degree

Job description

JOB SUMMARY

This role is a fixed‑term contract role for a duration of 24 months.

• Provide exemplary support to colleagues with responsibilities for CIB Client Coverage. Focus will be on FinTech and Digital Assets client onboarding in ASA and GCNA. Continue to improve the Group’s approach towards reducing regulatory conduct and financial crime risks throughout the CIB Client Coverage client lifecycle (from onboarding to off‑boarding) to protect the reputation of the Group and to avoid significant financial loss.
• Advocate for continuous improvement by identifying opportunities to enhance client onboarding procedures, streamlining controls without compromising regulatory standards.
• Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability, and integrity. Provide and succinctly communicate timely and quality CFCR advice, analysis, and challenge (as appropriate) to enable the business and functions to achieve their objectives. Focus will be on FinTech and Digital Assets client onboarding. Develop a comprehensive understanding of the CIB Client Coverage Corporate Strategy and the FinTech and Digital Assets Client Portfolio to provide relevant CFCR advisory, oversight, and challenge to manage CFCR risk.

Governance and Risk Management

• Lead and/or support the review of new‑to‑bank FinTech and Digital Assets clients or new high complexity flows of existing‑to‑bank FinTech and Digital Assets clients on behalf of Country CFCR Advisory. This will include the thorough assessment of the inherent regulatory compliance and financial crime compliance risks posed by a client relationship and review of the client’s FCC systems and control framework.
• Review and provide CFCR advisory in relation to client risk posed by payment flows as it relates to enhanced due diligence requirements.

• Maintain proactive awareness of evolving FinTech and Digital Asset regulations, trends, and market practice for effective compliance and risk management.
• Provide robust challenge and exemplary CFCR guidance to CIB Client Coverage in relation to the onboarding (or expansion) of FinTech and Digital Asset client relationships.
• Lead and/or support compliance to compliance engagement with new‑to‑bank or existing‑to‑bank FinTech and Digital Asset clients as required.
• Succinctly articulate inherent CFCR risks associated with FinTech and Digital Asset clients and provide risk mitigation recommendations to Country CFCR CIB Client Coverage Advisory, Country Heads of Compliance, and/or CIB Client Coverage through the CDD process.
• Contribute towards the proposal of control improvements, enhancements and simplifications relating to CIB Client Coverage CDD onboarding processes as required.
• Assist the Group and Country CFCR CIB Coverage Advisory to provide reports and MI to relevant committees as required.
• Drive the identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• Develop control effectiveness and efficiency improvements and simplifications where appropriate.

Processes

• Support efforts to establish and maintain effective processes to ensure that policies and standards to address CFCR risks are effectively implemented across CIB Client Coverage. Provide second line oversight and challenge to ensure the continued effectiveness of CIB Client Coverage owned processes.

People & Talent

• Provide excellent support to Country CFCR CIB Client Coverage Advisory Teams.
• Role model the Standard Chartered valued behaviours and proactively contribute to maintain a strong culture within the team. Provide constructive developmental feedback at a business, function, country, and individual level as appropriate, in relation to CFCR matters.
• Pro‑actively share subject matter expertise, best practice, and lessons learned across the network between CFCR Advisory and Centre of Expertise colleagues especially in relation to regulatory compliance and financial crime compliance risks related to FinTech and Digital Asset clients.
• Collaborate with training teams to input into training curriculum to support closing of capability gaps and to meet the training needs of CIB Client Coverage; focused on FinTech and Digital Assets.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group’s Values and Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk and CFCR matters.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Contributing to drive the CIB Coverage CFCR Advisory teams to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; and The Right Environment.

Key Stakeholders

• CIB CFCR Advisory (Group and Country)
• CFCR Centres of Expertise
• FinTech Client Advisory and Governance
• Digital Assets Centre of Excellence
• CIB Client Coverage COO teams

Other Responsibilities

• Embed Here for good and Group’s brand and values in CIB Client Coverage CFCR Advisory Team.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and standards.

Our Ideal Candidate

• This role is a fixed‑term contract role for a duration of 24 months.
• Education – The candidate will ideally require experience working in a Financial Institution or a FinTech Business with Financial Crime Compliance (FCC) or Compliance experience supporting payment services (inclusive of FinTech entities, Digital Asset entities, and/or Correspondent Banking).
• University Graduate or equivalent degree preferred.
• 8+ years working in Financial Institutions and/or FinTech Entities in FCC or Compliance Functions.
• Experience assessing and managing FCC and/or Compliance risk associated with FinTech or Digital Asset related entities.
• Knowledge of financial crime related regulatory requirements in multiple markets.
• Ability to foster positive relationships with internal and external stakeholders at a senior level ensuring open collaborative environment.
• Ability to work independently and deliver efficient outcomes working through complexity and ambiguity.
• Demonstrated relationship building skills – both internal and external across multiple jurisdictions.
• High level of integrity and professionalism.
• Strong planning and organizational skills.
• Strong written and verbal communication skills.

Role Specific Technical Competencies

• Business Acumen
• Business Ethics
• CFCR Risk Type Advisory
• Cross‑functional Collaboration
• Managing Change
• Organizational Governance
• Regulatory Environment – Financial Services
• Risk Management

About Standard Chartered

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 live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion.

• Do the right thing – we 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 just 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.

What we offer

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‑off including 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 working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through 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 culture to 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.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website: www.sc.com/careers