We are a leading international banking group, with a presence in 53 of the world’s most dynamic markets and serving clients in a further 64. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Due to the growth of Standard Chartered Bank, we are looking for a seasoned professional to assume the role of First Line of defense and Finance Lead for Regulatory projects with a specialized focus on the Borrower-in-Custody (BIC) program. This position plays a pivotal role in implementing the BIC program, driving process enhancements, and ensuring compliance. As the first line of defense, you will monitor daily operations, manage risks, and collaborate across teams to ensure accurate and efficient processes. You will report to the Head of Balance Sheet Management, Americas.

Standard Chartered Bank is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging and have the opportunity to maximize their potential.

We appreciate candidates who possess a growth mindset and are open to expanding their skillset. We encourage individuals who are enthusiastic about learning and eager to enhance their knowledge to apply for this position. We believe that a willingness to acquire new skills will contribute to success in this role.

Key Responsibilities:

Borrower-in-Custody (BIC) Program:

Guide the BIC program, meticulously ensuring accuracy and completeness of all related daily reporting and deliverables.

• Assess collateral eligibility for BIC, ensuring compliance with guidelines.
• Collaborate to identify and select pledge eligible loans.
• Prepare detailed work papers supporting all reportable information.
• Review and analyze data, addressing variances effectively.
• Facilitate seamless updates and corrections within relevant systems.
• Advocate for data integrity, overseeing control points and governance.
• Investigate and resolve root causes of data, process, and system errors.
• Maintain an up-to-date issue log, diligently tracking resolution progress.
• Swiftly escalate and handle inquiries, fostering timely resolutions.
• Stay informed about new regulatory changes impacting BIC, becoming the go-to Subject Matter Expert (SME)
• Collaborate as a key partner in managing operational risk in Americas Finance, supporting country risk framework owners across business and support functions.

Key Criteria:

• Familiarity with Borrower-in-Custody (BIC) Collateral Program Regulatory Reporting, Operational Risk Management, Financial Controls and Data Management.
• 4+ years of experience in lending related processes, practices, and related roles within the financial industry.
• Bachelor's degree in a relevant field.

Essential Competencies:

• Comprehensive knowledge of banking products (especially lending), systems, and data flow.
• Proven project management expertise, with a history of successful project implementation.
• Experience applying regulatory requirements and a thorough knowledge of basic accounting principles.
• Demonstrated analytical and problem-solving skills both individually and as part of a team.
• Advanced communication and collaboration skills.
• Attention to detail and ability to work in a fast-paced environment.

Additional Assets:

• Experience in banking regulations (e.g., Regulation W (Series 23A and 23B))
• Knowledge of financial industry regulations and standards.
• Accounting or finance background