Associate Director, FI & Fintech Client Risk Advisory

Responsibilities

• 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.
• 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.
• Assist to ensure the provision of ongoing training and development of people and provide oversight to ensure that holders of all critical functions are suitably skilled and qualified for their roles and that they have effective supervision in place to mitigate the relevant risks.
• Maintenance of up-to-date knowledge on regulatory developments and required standards for compliance within the team.
• Help to prepare the training material and workshop within the front line.

Qualifications

• Bachelor’s degree required with advance education preferred.
• 5+ 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 (Mandarin preferred)