banking jobs in UAE | Standard Chartered careers

Standard Chartered announced, through its Linkedin account, a bank job in UAE (Director CFCC, Islamic Banking) according to the following:

• Helping the Group meet its commitment of being "Here for Good" by supporting a sustainable framework that places Compliance, Conduct and FCC best practice standards, at the forefront of the Group's agenda.

• Act as an independent second line risk control function, to execute the relevant aspects of the Compliance, Conduct and FCC PRTFs through robust independent risk control and provision of specialist advice and constructive challenge in a manner proportionate to the nature, scale and complexity of the GIB business.

• Conduct evaluation and assessment of the effectiveness of Group’s Conduct, Financial Crime and Compliance commitments and requirements.

• Support and challenge the GIB business and supporting functions, to exhibit appropriate conduct, by complying with regulatory, conduct, financial crime and compliance requirements and strive to achieve fair outcome for clients.

• Maintaining independence, delivering timely responses, and timely escalation of risks and issues where the management tolerance of the firm is exceeded.

• Maintaining constructive and effective stakeholder relationships with the relevant business and supporting functions, including group wide CFCC teams.

• Supporting management of regulatory relationships with all of the Group’s regulators, whose rules the Group is subject to.

• Support the vision, strategy, direction and leadership of GIB Compliance in the Group, consistent with the CFCC Head for Markets, Islamic Banking and Middle East & Pakistan and Head, CFCC Advisory, GIB vision and strategy for the CFCC Advisory, GIB function and in support of the Bank’s strategic direction and growth aspirations.

• Support and promote the culture and practice of compliance with CFCC standards (including conducting business within regulatory requirements, and to high ethical standards) within the GIB business and embed a Here for good culture and the Group Code of Conduct.

• Establish and maintain close links with CFCC and Shariah colleagues, leading across region, country, client segment and product, to achieve common platforms and work plans, implementing a One Bank approach to all clients.

• Develop an understanding of the GIB business models and strategy in order to provide oversight support and challenge in order to enable appropriate and sustainable CFCC outcomes.

• Support and maintain an effective and constructive relationship with all key business, CFCC and other functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality conduct, financial crime & compliance-related advice and guidance to enable the business and functions to meet/achieve their strategic tactical objectives.

• Provide conduct, financial crime and compliance-related advice, analysis (and challenge when appropriate) in relation to the GIB business, including product design, new business initiatives, bespoke projects, remedial activities (including nature, scale and rigour of past business reviews), and transactional advice.

• Provide challenge to senior management and all relevant business stakeholders where activities are outside risk tolerance/ appetite, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to address any remedial action needed to come back within risk tolerance/ appetite.

• Work closely with the GIB business and its operational teams to provide timely advice to ensure compliance with all relevant laws and regulations and support the transition to pro-active and pre-emptive CFCC risk mitigation.

• Support the establishment and maintenance of risk-based compliance frameworks and a programme for monitoring and assuring compliance that supports the transition to pro-active and pre-emptive compliance and conduct risk mitigation 

• Operate in line with the “leveraged model” used to support Saadiq.

• Experienced in Islamic Finance and Shariah.

To know more details about the vacancy and how to apply kindly check the link below:

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