Standard Chartered Bank (Stanchart) Jobs – Head, Retail Clients Legal & Compliance

Organisation: Standard Chartered Bank (Stanchart)
Duty Station:  Kampala, Uganda
Job ID: 440098
About Stanchart:
Standard Chartered PLC is a British multinational banking and financial
services company headquartered in Hong Kong, China. It operates a network of
over 1,700 branches and outlets (including subsidiaries, associates and joint
ventures) across more than 70 countries and employs around 87,000 people. It is
a universal bank with operations in consumer, corporate and institutional
banking, and treasury services. Despite its UK base, it does not conduct retail
banking in the UK, and around 90% of its profits come from Africa, United
Kingdom, United States and the Middle East. Standard Chartered Bank Uganda is
the longest established international bank in the country; the first branch was
opened in August 1912. We had 11 branches up to 1972 and retained only one
branch during the turbulence of the 70s. In 1998 we acquired 4 branches of
former Cooperative Bank in November 1999. Standard Chartered Bank Uganda today
has a network of 11 branches in Kampala, Jinja, Mbale, Mbarara and Gulu.
Standard Chartered Bank Uganda has 29 ATMs and over 600 staff.
Job Summary: The Head,
Retail Clients Legal & Compliance will;
  • Offer legal and compliance support to the
    SCB business
  • Take responsibility for, and lead the
    management of, SCB legal and compliance risk in-country
  • Establish and maintain in-country
    frameworks to ensure SCB business compliance with regulatory requirements
    and internal compliance policies and procedures
  • Take lead, promote and manage a culture
    and practice of Compliance and ethical conduct within the SCB business.
  • Ensure that the CB business is conducted
    in accordance with all laws and regulations and the ethical standards
    adopted by the SCB Group.
  • Implement, the vision, strategy and
    direction set by the Head Compliance and Consumer Banking
Key Duties and
  • Serve as the primary focal point of
    reference, advice and support for CB legal and compliance issues raised by
    CB business, Country Legal, Country Compliance, CB Central L&C Team
    and other stakeholders. Provide legal and compliance advice, briefings,
    recommendations and reports on material legal and compliance risks and
    issues to all stakeholders
  • Significantly contribute to the effective
    management of legal and compliance risks in-country through active
    participation at the CB BORG
  • Use technical knowledge of all CB business
    products offered in-country to provide sound, legal, compliance and
    transactional advice to the CB business
  • Ensure material legal and compliance risks
    are identified and appropriately mitigated in product approval processes.
    Review and approve the Country Addenda of Product Approval Documents for
    local and cross-border regulatory risks
  • Anticipate the impact of legal and
    regulatory developments on the CB business and communicate their impact to
    the CB business
  • Promote active cooperation with the CB
    business and within the function and encourage a collegiate working
Legal & Compliance:
  • Offer technical guidance and assistance in
    the proper application and interpretation of laws and regulations
    applicable to the CB business
  • Ensure proactive and timely monitoring,
    identification, dissemination and advice of legal and regulatory
    developments, changes and practices and associated risks
  • Ensure adequacy of controls to mitigate
    legal and compliance risks and roll out legal and compliance policies and procedures
  • Establish and maintain effective
    processes, including training, advice and support, to ensure that legal
    and compliance policies, procedures and standards are effectively
    implemented in-country
  • Technically support the Country Head of
    Compliance in delivering the Regulatory Relationship Plan and ensuring CB
    business strategy and key initiatives are included as part of the Plan
  • Support the preparation of regulator’s
    inspection of CB business by attending to information requests, pre-inspection
    questionnaires and enquiries during the regulator’s inspection  
  • Implement CB Compliance Monitoring
    Programme and ensure timely conduct of compliance reviews
  • Assume active involvement in management of
    critical issues that have a significant regulatory impact on SCB’s
    business operations within the country
  • In the event of serious regulatory
    breaches, or where risk tolerances have been breached, responsibility for
    ensuring the relevant CB business and senior management are informed and
    that actions are taken quickly to remediate and/or activities are ceased
  • Work closely with Country Head of Legal,
    Country Head of Compliance and Group Legal teams to ensure coverage of all
    legal and compliance work related to acquisitions undertaken at country
  • Work 
    in liaison with Country Head of Legal and CB business Heads to
    ensure the coverage of all legal work which is not specifically aligned to
    one business, e.g. non-material disputes, HR legal issues, commercial contracts,
    acquisitions and legal projects undertaken at country level
  • Work effectively and proactively with the
    teams of other support function to manage all country legal and compliance
  • Ensure that the engagement of external
    legal counsel is appropriate, effective and coordinated so as to minimise
  • Develop appropriate forms of documentation
    for products and transactions in-country and support the creation of
    global standard documentation for CB
Training: Raise awareness of, and address, legal and compliance
risks and issues by providing the CB business with business specific training
on regulations and compliance policies
Qualifications, Skills and
  • The candidate should hold a University
  • Posses the ability to identify and
    dimension key legal and regulatory compliance risks and mitigants
  • Excellent legal and compliance judgment to
    enable the provision of sound advice in difficult areas of law, regulation
    and practice and the proactive management of legal and compliance risk
  • Sound judgment of business practices and
    reputational risk
  • Personal authority, integrity and a proven
    ability to establish relationships with senior stakeholders, build a
    strong network and exert influence in-country and across the SCB Group
  • Strong leadership and management
    qualities, excellent interpersonal skills and multi-cultural awareness and
  • Excellent verbal and written communication
  • Independence, robustness and resilience
NB: Standard Chartered 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 maximise their personal potential.
How to Apply:
If interested in working with Standard Chartered Bank in the above
portfolio, Please send us visit Web link below and review requirements and
thereafter express your interest by Clicking Apply Now
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