• Associate Director, CFCC Governance Jobs in Uganda

  • Standard Chartered Bank Ltd
  • Uganda
  • Save Job
  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

Develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies / processes / DOls to address CFCC, aligning with relevant regulatory requirements
Work with the Country Head of CFCC, Governance to manage and develop the relationship with the regulators in accordance with the Regulatory Relationship Plan
Build trust through meeting regulatory commitments and having regular briefings/engagement with regulators
Help ensure the Bank is properly prepared for regulatory inspections and coordinating responses with the business
Providing governance and oversight over the implementation of CFCC related policies and procedures in Country to ensure compliance with such policies and procedures
Provide advice to relevant business & functions stakeholders on compliance with Group standards & regulatory matters relating to CFCC
Proactively monitor regulatory developments to manage the regulatory impact of complex regulatory matters on the Banks business and its operations
Provide guidance on the proper application and interpretation of banking laws, regulations and policies applicable in Country
Set control standards and provide advice on the development of appropriate controls for the mitigation of regulatory risks
Assist in overseeing relevant administration and licensing and required by the in-Country regulatory requirements
In the event of serious regulatory breaches, or where risk tolerances have been breached, assist in critical workstreams to ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased
Track significant issues arising from CFCC metrics, Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary
Prepare and cascade lessons learned from audit findings, assurance activities and specific investigations
Support all control checks undertaken by CFCC under the Operational Risk Framework (ORF)
Implement quality assurance standards and workflows for the CFCC processes
Co-ordinate/support the management of audits/exams

People and Talent

Promote a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm
Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm
Support the provision of ongoing training and development of people, and ensure that holders of all critical functions are competent, suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks
Lead through example and build the appropriate culture and values Set appropriate tone and expectations from their team and work in collaboration with risk and control partners
Set and establish team objectives and priorities through discussions with relevant stakeholders, ensuring that team work effectively and proactively with business compliance and other support function teams to manage in Country CFCC risks

Risk Management

Maintain oversight of risk mitigating action plans
Provide advice on the application of risk management frameworks (eg ORF, GRA)
Apply Group and CFCC policies and processes to manage risks
Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations
Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased
Conduct country risk assessment
Map risks, quantify the potential impact and escalate where necessary
Support delivery of annual Global Compliance, AML, ABC and Sanctions Risk Assessments
Provide intelligence inputs to support calibration of banks Risk Methodologies (including aggregate client risk, product risk and country risk assessments)
Ensure the Bank is properly prepared for, routine regulatory exams, audits and supervisory inspections, as well as to managing the response from the business
Define metrics and/or key risk indicators (KRI) for CFCC
Help manage key change programmes and projects for Country CFCC
Maintain workplans specific to Country CFCC projects/ initiatives, and communicate the same to stakeholders in a regular, timely fashion to inform and seek inputs
Provide skilled resources to support project / programme delivery
Manage and protect business as usual (BAU) capability during change programme, as well as during the execution and delivery of the Remediation initiatives through project phase into BAU


Attend relevant leadership meetings
In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased
Periodic reporting and timely escalation of significant risks and issues arising from CFCC Monitoring and Assurance activities
Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework
Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees
Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the CFCC function
Lead or influence significant programmes of work in support of the CFCC initiatives and projects
Proactively drive the development and maintenance of good relationships with internal and external business stakeholders at appropriate levels ensuring an open and cooperative environment

Regulatory & Business Conduct

Display exemplary conduct and live by the Groups 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
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
Support relevant stakeholders to respond to regulatory questions

Key Stakeholders

Country FC team
Relevant Country/Group process owners for CFCC processes
Country and AME Regional CFCC Management Team
Country Business Segments/Product teams
Country Operational Risk
Country GIA
(COUNTRY) Regulators (Central Bank etc)

Other Responsibilities

Embed Here for good and Groups brand and values in the CFCC Governance team
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Apply now to join the Bank for those with big career ambitions

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Production/Manufacturing/Maintenance/Packaging
Role : Production/Manufacturi ng/Maintenance
Salary : As per Industry Standards
Deadline : 18th Mar 2020

Key Skills:

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