Director, Cfcc Advisory, Ccib Client Coverage - London, United Kingdom - eFinancialCareers

eFinancialCareers

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

The Role Responsibilities

Strategy:

Contribute materially towards the implementation of the vision, strategy, direction and for CCIB Client Coverage CFCC Advisory teams, consistent with Global Head, CFCC Advisory, CCIB Client Coverage's vision and strategy for the CCIB Client Coverage CFCCteam and the strategy of the CFCC function as a whole, and in support of the Bank's strategic direction and growth aspirations.
Continue to improve the Group's approach towards reducing regulatory and financial crime risks throughout the CCIB Client Coverage client lifecycle (from onboarding to offboarding) in order to protect the reputation of the Group and to avoid significantfinancial loss.
Provide consistent support to colleagues with responsibilities for CCIB Client Coverage. Primary focus will be on Payment Services (FinTech, Digital Assets/Crypto, and Correspondent Banking) but may also include other products/services such as Lending,Mergers & Acquisitions and ESG Advisory, and Credit Portfolio Management, including highlighting key areas of pangeographical focus, for crossskilling purposes.
Drive an increased awareness of CCIB Client Coverage technical and strategic knowledge in regions and countries to sharpen focus on how local regulatory reform impacts the client segments.

Business:

Support Resolution of competing requirements between regulations specific to CCIB Client Coverage (with a focus on Payment Services), and Credit Portfolio Management businesses (e.g. between AML regulations and data privacy/bank secrecy or information securityregulations).
Develop a comprehensive foundational understanding of the business model and strategy in order to provide substantive required oversight support and challenge in order to enable appropriate and sustainable CFCC outcomes.
Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality advice and guidance to enable the business and functionsto meet/ achieve their strategic tactical objectives.
Provide robust challenge to senior management and all relevant business stakeholders where activities are outside risk tolerance/ appetite, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to addressany remedial action needed to come back within risk tolerance/ appetite.
Provide and communicate timely CFCC related advice, analysis (and challenge when appropriate) in relation to CCIB Client Coverage (with a focus on Payment Services), and Credit Portfolio Management including product design through to post sale reviews/assessments,new business initiatives, bespoke projects, remedial activities (including nature, scale and rigour of past business reviews), and transactional advice.
Support the maintenance of global CFCC standards in accordance with standards set by senior management.
Support the maintenance and refresh of relevant CFCC frameworks applicable to CCIB Client Coverage, and Credit Portfolio Management.
Support the implementation of the SPOC-COE model. This includes (but not limited to): taking ownership of incoming queries by not handing them off, taking a leading role in actively becoming the goto person for the business/function and ensuring adviceprovided is consistent throughout CFCC Advisory in relation to CCIB Client Coverage, and Credit Portfolio Management.

Processes:

Drive the governance and oversight over the implementation of CFCC related policies and procedures with respect to CCIB Client Coverage (with a focus on Payment Services), and Credit Portfolio Management (to enable compliance with such policies and procedures).
Support efforts to establish and maintain effective processes (including training, advice, and support) to ensure that policies and standards to address CFCC risk are effectively implemented across CCIB Client Coverage (with a focus on Payment Services),and Credit Portfolio Management.
Support the provision of second line challenge to processes owned by CCIB Client Coverage (with a focus on Payment Services) and Credit Portfolio Management, including (but not limited to) specific Risk Framework Owner oversight of Complaint Handling, ClientOff-Boarding, Know Your Distributors, Bad Debt Sales, Enterprise Appropriateness, Regulatory On-Boarding, CDD, AML Surveillance, and Customer Screening in CCIB Client Coverage.
Develop and maintain effective policies/processes/DOIs (including training, advice, and support) to address CFCC risks across CCIB Client Coverage (with a focus on Payment Services) and Credit Portfolio Management, aligning with relevant regulatory requirements.
Provide support and challenge to the relevant Business stakeholders e.g. COO teams to ensure that they establish and monitor appropriate processes for compliance with CFCC policies and standards (including meeting regulatory obligations and maintaininghigh standards of conduct).

People and Talent:

Role model and assist the Global Head of CFCC Advisory, CCIB Client Coverage to build the appropriate culture and values. Set appropriate tone and expectations within their team and work in collaboration with risk and control partners.
Provide constructive developmental feedback at business, function, country, and individual level as appropriate, on CFCC matters.
Contribute materially towards the migration of skill, knowledge, best practice, and lesson learned across the network between CFCC Advisory and Centre of Expertise colleagues especially in relation to legal/regulatory risks and compliance with relevantregulations and internal policies/standards as they pertain to CCIB Client Coverage (with a focus on Payment Services) and Credit Portfolio Management.
Assist CCIB Client Coverage CFCC teams in regions and countries to understand the objectives/deliverables.
Collaborate with training teams to input into training curriculum to support closing of capability gaps and to meet the training needs of CCIB Client Coverage (with a focus on Payment Services) and Credit Portfolio Management businesses.

Risk Management - Support efforts to anticipate horizon risks that may have a significant impact on the Bank and develop effective strategies to mitigate such horizon risks including global standards for conduct of business. In the event of serious regulatory breaches, orwhere risk tolerances have been breached, ensure appropriate and timely escalation within the Group and that actions are taken quickly to remediate and/or activiti