Manager/AVP - Cross Border Enablement & Controls - Client Business CoE

2 open roles for - Manager / AVP

Business: Wealth & Personal Banking

Principal Responsibilities:

Implementation and embedding of the new cross-border controls framework:

- Assist the roll-out of the new cross-border controls framework across AM. This will include ensuring local markets have updated their operating instruction manuals as appropriate , being the single point of contact to answer questions relating to the new framework and new tools that will be introduced as a part of implementation of the new framework.

Cross-Border Controls Process SME and Ongoing Monitoring of Controls:

- Will be the Global lead to support ongoing monitoring and overseeing of cross border controls including the need to produce global MI.

- To support local AM entities to ensure that the new controls framework is embedded and implemented locally within their regions.

- To proactively identify and escalate issues and propose feasible solutions. In cases where system enhancements are required, the role holder should monitor the testing, development and implementation of technical solutions.

- As an SME of the process the role holder must be accountable for ensuring the controls process is operationally effective. Must ensure the process and deliverables meets accuracy and quality standards.

- To ensure timely production of MI required for submission to various governance forums as appropriate.

- Support the development/enhancement of cross border training content to be delivered to Business post the cross-border framework roll out. To assist in
PUBLIC tracking training completion status to ensure all staff who require training have completed the training appropriately.

Regulatory & Compliance Knowledge (but not policy setting and interpretation of regulations):

- To be the first point of contact to help the business understand the cross-border regulations applicable to their client engagement activities. Work with 2LOD teams (e.g. Regulatory Compliance and/or Legal) as needed to ensure accurate and consistent interpretation and application of the regulations.

- The candidate is expected to have basic understanding of regulations related to cross-border business activities for financial institutions, in particular applicability to Asset Management business to help them meet this requirement.

Technology:

- To be the SME and provide day-to-day user support to the business across the various tools that are involved in the cross-border controls framework

- Identifying opportunities and supporting the ongoing management and enhancement to the tools. This will require working closely with IT and relevant vendors.

Stakeholder Co-ordination and Communication:

- To support across functions to uplift and enhance their understand of the new controls framework and manage ongoing dialog around it.

- Where there are issues identified and requires changes to the existing framework the role holder must collaborate- across functions i.e., Business, Compliance, Legal, Controls office to ensure alignment and implementation

Team/People Management:

- Lead and manage a team providing guidance and support to team members

- Will be responsible for driving team performance and ensuring the achievement of both individual and team goals

Risk Management:

- Adherence to Risk, Compliance, Global Standards and FCC requirements.

Leadership & Teamwork :

- Asset management (AM) group has a strong heritage and has been in financial markets for 150+ years. The global service center (GSC) in Bangalore has served as a Capability Center of Excellence for various businesses, PUBLIC including the Asset Management group, and currently enjoys the distinction of being the only service center for the AM business.

- AM Client Business plays a very important role in servicing our growing business across Institutional and Wholesale clients, striving towards achieving client-centricity across all stages of the client lifecycle.

Qualifications - External :

- Bachelor's degree in finance, business , law or a related field

- 8-10 years of experience in Finance Industry , specifically within Asset Management is desirable

- 4 -5 years of experience in risks and controls management with a focus on cross border regulation or regulatory compliance.

- Experience working with Legal or Regulatory Compliance professionals to respond to business inquiries or requests for information.

- Proven experience in team management , leadership and performance optimization

- Strong Organization skills with a focus on achieving results through collaboration

- Excellent communication and interpersonal skills to work effectively with different teams and stakeholders

- Ability to work independently and manage multiple tasks in a fast-paced environment

- Strong attention to detail and ability to analyze complex information