Director, PvB Servicing & Transacting CoE

STANDARD CHARTERED BANK; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A leading international bank in Singapore is seeking a candidate with extensive experience in Private Banking to contribute to operations strategy and implement continuous improvement initiatives that enhance client experience. The role requires a background in engineering, business, or finance and emphasizes risk management and governance within banking operations.

Benefits

Competitive salary

Flexible working options

Proactive wellbeing support

Continuous learning culture

Time-off including parental leave

Qualifications

• 10+ years of experience in Private banking.
• Business Communication skills required.

Responsibilities

• Contribute to overall WRB Operations strategy.
• Enable continuous improvement initiatives for superior client experience.
• Ensure digitization of processes as a key objective.

Skills

Understanding of Banking / Private Banking Products & Processes

Solution & System Design

Agile Methodology

Risk Management, Governance & Control

Team & People Management Skills

Education

Undergraduate / post graduate in engineering science, business or finance

Job description

RESPONSIBILITIES

Strategy

• Contribute to overall WRB Operations strategy • Set strategic goals for Pvb S&T Operations team and guide teams for achieving results • Support growth and development opportunities for talent management and retention • Engage key stakeholders and support functions for strategic initiatives and transformation

Business

• Enable and encourage continuous improvement initiatives for delivering end to end superior client experience and value proposition for both client and bank • Client obsession and identify strategic opportunities for transformation of service standards • Support and lead change initiatives and provide feedback for change proposals • Deliver sustainable cost saves and service levels on par with or superior to competition

Processes

• Be the key enabler for the engineering of new processes or reengineering of existing processes and facilitate its rollout with associated change initiatives. • Ensure clear update and rollout of Global Service Standards and associated DOIs • Seek all necessary approvals from OR / FR / Legal / Compliance / Country COOs prior to rollout as program governance standard requirements. • Digitization of processes is a strategic objective of this role bringing in a transformation from Multi-touch to single touch to zero touch processing.

People & Talent

• Ensuring talent on boarding and retention with succession plan in place for key roles and maintaining healthy bench-strength and leadership pipeline • Ensuring framework for objective performance assessment of all team members • Ensuring right-skilling among team members and training /certification for specific roles • Enabling a conducive environment for people including effective engagement • Empowering with appropriate delegated authorities

Risk Management

• Proactive identification, preventive controls and mitigation of key process / operational risks • Strong detective controls and continuous learning and fixing from risk incidents • Ensuring timely reporting of risk items as per the Group Risk Management Framework • Drive risk management initiatives across the unit resulting in minimal or zero breaches and zero regulatory breaches whether data related or others • Ensuring adherence to all Group Policies and Procedures

Governance

• 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 • Displays awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role • Responsible for delivering ‘effective governance’; capability to challenge fellow executives effectively;

Other Responsibilities

• Group S&T COE Function • Delivery of key objectives for PvB S&T as a part of the Fit for Growth (FFG) program.

Our Ideal Candidate

• Education Undergraduate / post graduate in engineering science, business or finance
• 10+ years of experience in Private banking
• Languages Business Communication

Role Specific Technical Competencies

• Understanding of Banking / Private Banking Products & Processes • Solution & System Design • Agile Methodology • Business Facilitation • Manage Change • Risk Management, Governance & Control • Accounting Knowledge • Strategy & Business Model • Service Delivery & Operations • Domain Knowledge • Leverage and Deepen Digital Capability • Team & People Management Skills

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 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 thing and 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

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