Associate Director, Business Management, India
Standard Chartered India · Mumbai
Standard Chartered India · Mumbai
**Job Summary** * Drive implementation and be the 1st line point of contact responsible for the governance aspect of the Sustainable Finance business in India for Standard Chartered Bank. This includes engagement with internal stakeholders including but not limited to Compliance, Audit, Risk and Legal. * The role is focused on driving business performance / results through 1. facilitating the implementation of Bank-wide and Client Coverage initiatives 2. supporting discussions and decision-making at various forums / committees and 3. delivering efficiency, change, and business performance agendas. * The role involves a combination of routine, project and ad-hoc work. Specific areas of responsibility will include **Key Responsibilities** * The Associate Director, SF will have experience in governance in the Banking sector. They will have a knowledge of Sustainable Finance and ESG regulatory developments, supervisory standards and best practices. They will have a passion for Sustainable Finance and be a self-starter and quick learner. * They will ensure that the risk control environment in Sustainable Finance at Standard Chartered Bank ... is reviewed regularly and all required mitigants are in place. They will be able to relate these risks and mitigants to the wider Sustainable Finance landscape and have a good understanding of Greenwashing risk. They will drive responses to consultations, surveys and be responsible for 1st line implementation of Sustainable Finance related projects including those which are regulatory driven. **Strategy** * Monitor and test Sustainable Finance controls for products offered across CIB for SCB India * Work with ESG risk and compliance colleagues to ensure that governance, product governance is carried out in line with Regulatory Requirement/Expectations * Work with Audit to support any internal review and to ensure any audit management points are satisfactorily closed out. **Business** * Ensuring that all SF products introduced locally, which form a significant part of the Sustainable Finance corporate plan, have robust risk controls built around them. * Liaising with SF Finance to ensure that all SF revenue is reported. Where an automated reporting fix is WIP, ensure that all interim revenue booked is tracked and accounted for. * Other BPM responsibilities * Analysis of cluster, country and segment onboarding \& offboarding, performance, risk appetite and strategies to assess fit with CIB strategy * Analysis of exit clients and groups that are a poor fit, for various reasons, including segment, profitability, risk, growth potential, geographic fit and other elements of CIB strategy * Support for bank change projects to effect changes to organisational structure, client strategy, cost savings, headcount savings, property and infrastructure savings, profitability and other metrics. * Ad hoc support for management meetings, including analysis and preparation of papers * Engaging with coverage, finance, credit and other key stakeholders for support for investment proposals and BAU asks requiring approval from Coverage head. * Manage regular pipeline meetings (materials, actions and notes). Ensure pipeline is up to date and reflects an accurate picture of business momentum. **Processes** * Drive alignment of local processes as much as possible to Group processes * Drive implementation of local reporting, ESRM or Net Zero requirements * Drive implementation of any regulatory and or risk management requirements (including any localisation of documents, introduction of service level agreements and reporting requirements) * Ensure SF adheres to existing operational processes and work to improve or create new operational processes and controls e.g. working closely with Group or local stakeholders on governance for products and SF processes. * Ensure that existing controls are implemented and reviewed regularly. **People \& Talent** * Drive engagement with Group CSO, Group and local Environmental Social and Reputational Risk, COO Functions, Finance, Compliance, Legal **Risk Management** * Ensure that local product constructs are robust and that local risk controls are adequately implemented * Act as internal quality control within SF and ensure control sample testing are done on pureplay clients and SF labelled deals * Assist in ensuring all material operational risks are identified, assessed, mitigated, monitored and reported to relevant governance forums * Identify areas of risk including regulatory, operational, and other thematic risks for SF products and processes, and then being able to ensure implementation of appropriate controls to mitigate these risks **Governance** * Ensure compliance with the sustainable finance governance structure and environmental and social risk management policies. Challenge improvement of these in alignment with local requirements * Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role. * Ability to champion and train other members of staff on SF product governance * Support the projects related to product roll outs and Sustainable Finance Governance * Develop robust structures to support Sustainable Finance solutions and their respective risk functions * Responsible for assessing the effectiveness of the SF team's arrangements to deliver effective governance, oversight and controls and, if necessary, overseeing changes in these areas **Regulatory \& Business Conduct** * Display exemplary conduct and live by the Group's 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, escal