Bangkok Lead, Sustainable Finance Governance, Thailand and ASEANnew

Job Summary

The Lead, Sustainable Finance (‘SF’) Governance, Corporate & Investment Banking (‘CIB’) Coverage, ASEAN will be responsible for driving the implementation of product governance and regulatory requirements for SF across the cluster. They will serve as the primary point of contact for all governance-related aspects of the SF CIB Coverage Banking business in the cluster.

Key Responsibilities

•    Lead the dissemination and business implementation of product governance frameworks, taxonomies and regulatory requirements specific to SF across Coverage Banking 
•    Act as the first line of defence, managing governance processes and protocols to ensure robust oversight and control within the SF space.
•    Engage and collaborate with internal stakeholders, including Compliance, Audit, Risk, and Legal departments, to ensure alignment and adherence to governance standards.
•    Provide support to the Sustainable Finance CIB Coverage teams, ensuring that all governance and regulatory requirements are met effectively.
•    Develop and implement best practices for sustainable finance governance, continuously improving processes to enhance efficiency and effectiveness.
•    Monitor and report on governance activities where required, ensuring transparency and accountability in the management of sustainable finance products and services.

The Lead, SF Governance, will have experience in governance in the banking sector, with a good understanding of SF, ESG regulatory developments and associated risks including Greenwashing risk.

They will ensure that the SF risk control environment 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 the First Line implementation of SF related projects including those which are regulatory driven.

Strategy
•    Develop and implement a comprehensive governance strategy for Sustainable Finance that aligns with the Bank’s overall objectives and regulatory requirements.
•    Work with ESG Risk and Compliance colleagues to ensure that overall SF governance and product governance are carried out in line with regulatory requirements and expectations across ASEAN.
•    Stay informed of global and regional trends in sustainable finance to ensure the strategy remains relevant and forward-thinking.
•    Collaborate with the relevant teams to integrate sustainable finance governance into the broader business strategy, ensuring alignment and support across the organization.
Business
•    Support the Sustainable Finance and CIB Coverage Banking teams by providing expert advice on governance-related matters, ensuring compliance with regulatory frameworks.
•    Ensure that sustainable finance initiatives are aligned with the Bank’s business goals and regulatory expectations.
•    Ensure all SF products introduced locally, which form a significant part of the Sustainable Finance corporate plan, have robust risk controls built around them.
•    Liaise with SF Finance to ensure for all SF revenue reporting escalations. 
Processes.
•    Lead the development and implementation of robust processes and controls to manage governance and regulatory requirements for Sustainable Finance. 
•    Drive the alignment of country processes in ASEAN with Group 
•    Continuously review and improve governance processes to enhance efficiency, effectiveness, and compliance, and ensure these are documented, transparent, and accessible to relevant stakeholders.

•    Drive the implementation of ESRM or Net Zero requirements in the respective markets.
•    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 CSO, ESRM, ESGR, COO Functions, Finance, Compliance, Legal.
•    Lead by example in line with the Bank’s culture and values. 
Risk Management
•    Identify, assess, and mitigate risks associated with SF activities, ensuring that governance practices minimize exposure to regulatory and reputational risks.
•    Develop and implement risk management frameworks specific to sustainable finance, ensuring alignment with the Bank’s overall risk management strategy.
•    Monitor and report on risk management activities, providing insights and recommendations to senior leadership.
•    Ensure that product constructs are robust and that any 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.
•    Support the projects related to SF product roll outs 
•    Develop robust structures to support Sustainable Finance solutions and their respective risk functions.
•    Work with GIA to support any internal review and to ensure any audit management points are satisfactorily closed out
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.
•    Lead the relevant team(s) to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders
•    Coverage Banking
•    COO 
•    Chief Sustainability Officer Group Team
•    Regional and country heads of Sustainable Finance
•    Global Head of Environmental Social and Reputational Risk 
•    Compliance 
•    Audit 
Other Responsibilities
•    Any other activity as required by the Group or region to be delivered to support the Coverage Banking targets or Cluster Coverage Banking COO teams’ deliverables from time to time. 
•    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Skills and Experience

•    Sustainable Finance
•    Banking products understanding
•    Regulatory Requirements 
•    Business Risk Management / Governance
•    Project Management leadership
•    Leadership, communication, senior stakeholders’ management

Qualifications

•    Minimum of six years of financial services experience with a minimum of three years of experience in sustainability.
•    Minimum Undergraduate degree.
•    Knowledge of environmental and socials risks and ESRM policies.
•    Ability to promote good teamwork, collaboration, and management of conflict across stakeholders.  
•    Ability to independently drive initiatives with minimum hands-on supervision.
•    Strong stakeholder management skills.
•    Delivery and execution focused.
•    Ability to work with lots of moving parts and complexity.
•    Highly skilled in creation of reports and presentations.

About Standard Chartered

We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy, which combines cross-border capabilities and leading wealth management expertise, helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.

Over our 170-year history, and across a unique geographical footprint connecting Asia, Africa and the Middle East to each other and the world, we've built a bank like no other, with diverse capabilities and partnerships that set us apart.

What We Offer

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies.
• In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global employee assistance programme, sick leave, mental health first-aiders and self-help toolkits.
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual, and digital learning.

Visit our careers website to learn more about us: www.sc.com/careers.