Associate Director FI And Fintech Client Risk Advisory

Client of Talentmate

Job Summary

• The FI and Fintech Client Risk Advisor is responsible for contributing to the Global Initiatives and BAU tasks for the Financial Institution ( FI ) Risk Advisory team, and in particular the management of risks associated with the products and services offered and sold to those Clients and how they support the Client s business model.
• As first line defence for the bank s risk management, the Associate Director, is responsible for supporting the risk assessment and acceptance of the segment as well as ongoing monitoring of the clients activities
• The FI and Fintech Client Risk Advisor is required to initially focus on the New Payment Methods (NPM) and Digital Asset segments, whilst also aligning to other initiatives and Affiliates.
  
  

Key Responsibilities

Strategy

• Support cross bank collaboration with RMs, product partners, technology and COO functions to implement the FI client strategy with effective processes, controls and capability that is designed to meet the needs of FI business.
• Demonstrate deep understanding of the clients activities, needs, business models and the markets in which they operate to protect the bank s interest around risk and compliance.
• Support to instil risk awareness and risk-return discipline in team culture and prepare relevant comprehensive training materials to business team.
• Demonstrate risk ownership as the bank s first line of defence through compliance to the letter and spirit of the bank policies and procedures and relevant regulatory development and Advise RMs on the same. Effectively advise on and support the governance and oversight controls established to maintain high standard of compliance.
• Support the FI Financial Crime Governance & Control Team in all projects, and work closely with stakeholders in Financial Crime, Policy Implementation, and other support functions.
  
  

Business

• Critically review clients and prospects based on their alignment to SCB standards around risk tolerance, fit with footprint, business potential, values and market perception to ensure we are banking the right clients.
• Visit clients to discuss and assess their compliance management programs and understand their business needs. Conduct targeted reviews and visitations with NPM and Digital Asset clients with regards to identified risks and new business opportunities.
• Support to identify emerging risk trends within the portfolio and take appropriate remediation action steps to manage/mitigate the risks including updating senior management and various stake holders through situation update reports.
• Assist to prepare and review monthly MIS and client specific issues.
• Professionally represent Standard Chartered in support of the relationship team at the highest levels within region and internationally.
• Ensure that industry and product knowledge is continually developed personally and within the team, support the RMs developing the knowledge of Fintech, payments, Digital Asset and related product offerings of the Bank.
• Stay abreast and anticipate the developments of the industries in which our clients operate.
  
  

Processes

• Proactively oversee the FI client portfolio to ensure:
• Support is provided to the GAM s in ensuring team is suitably trained with respect to an understanding of the regulatory environment, keeping up to date with applicable changes and Group policies with ability to contribute and, where possible, influencing policy formulation

Governance

• Work with the FI Governance team to ensure good governance across the FI client portfolio.
• To support the Chair in ensuring the smooth functioning of the Management Committee and relevant minutes taking.
• Advise RMs and support them in establishing the highest standards of engagement with the internal governance committees, representing FI/Banks business interests.
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Key stakeholders

• Work with the COO offices including Policy Implementation and Country CFCC to ensure that the operational processes effectively support the growth of the Fintech portfolio.
  
  

Other Responsibilities

• Embed Group s brand and values.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
  
  

Skills And Experience

• Business writing
• Using and applying office software
• Online meeting setup
• Familiar with banking terminology
• New Payment Method and Digital Asset Market Knowledge (SIF)
• Business Partnering
• Compliance Advisory
• Process Management
  
  

Qualifications

• Bachelor s degree required with advance education preferred.
• Years of work experience in Fintech, Banking, Payments, Crypto/Digital Assets or related.
• Strong knowledge of regulations in key jurisdictions with some working knowledge of SCB footprint markets.
• Fintech related learning; specialized due diligence, sanctions, ICA/ACAMS
• Experience with financial crime compliance / AML frameworks for FI clients is required.
• Core product knowledge across the Bank s offering
• Structured and process driven, with experience in a multi-cultural team, across borders and time zones.
• Excellent analytics and reporting skills, being able to cross-check the work and manage communications.
• Excellent communication/writing skills with ability to get points across to all levels internally & externally.
• Ability to work towards tight deadlines and manage expectations.
• Languages: English and/or local language skills (Arabic preferred)