At a Glance
- Tasks: Lead risk-based assurance strategies and promote continuous improvement in banking processes.
- Company: Join Standard Chartered Bank, a diverse and inclusive employer.
- Benefits: Competitive salary, flexible working, generous leave, and wellbeing support.
- Other info: Dynamic work environment with opportunities for continuous learning and growth.
- Why this job: Make a real impact in risk management while developing your career in a global bank.
- Qualifications: Strong experience in banking assurance, risk testing, and leadership skills.
The predicted salary is between 75000 - 90000 £ per year.
Standard Chartered Bank is an inclusive employer and a member of myGwork. Assurance is a second line defence function established under a delegated mandate from the Group Chief Risk Officer and the Group Head of Conduct, Financial Crime and Compliance (CFCR). The primary role of Assurance is to provide a risk‑based independent view to senior management, second line and the Board on the effectiveness of the bank’s policies, processes, systems and controls, identifying gaps and inefficiencies and enabling prompt corrective action. This function supports the bank’s reasonable steps in accordance with SMF 4, 16 & 17 responsibilities.
The Director of CFCR Assurance operates within a globally integrated and fungible operating model, working closely with others in the CFCR Assurance team to deliver assurance reviews within the CFCR remit. The role can be based in either GBS United Kingdom (London) or GBS Poland (Warsaw). There are currently two vacancies available.
Key Responsibilities
- Support the Co‑Lead to deliver a strategy for risk‑based and data‑enabled assurance coverage across CFCR Assurance, aligned to the bank’s risk profile, regulatory expectations and internal commitments.
- Drive a collaborative risk and control ecosystem across the three Lines of Defence, including effective reliance and remediation tracking.
- Promote a culture of continuous improvement in assurance delivery, with consistent methodology application, strong documentation and evidence standards, and timely reporting and escalation.
- Assist in delivering the assurance plan and book of work to ensure alignment to CFCR Assurance priorities.
- Maintain a strong quality culture across planning, fieldwork, reporting and issue validation.
- Stay informed of CFCR Assurance regulatory expectations, internal policies/standards and best practices in risk management, control testing and assurance.
- Work closely with teams across the three Lines of Defence, building good relationships and engaging with 1LoD testing teams and Risk owners.
- Follow the Group’s policies and standards, including how we carry out assurance work, track issues and keep documentation clear.
- Support the delivery of a dynamic plan that focuses assurance activity on areas of highest risk and greatest potential impact, including thematic work across geographies where appropriate.
- Communicate issues and testing insights clearly to senior stakeholders, through concise reporting, escalation and remediation validation.
Skills and Experience
- Strong assurance, risk and control testing, and regulatory inspection experience within a banking environment.
- Substantial experience in the banking industry, including demonstrated success in a similar role across a range of risk areas.
- Experience optimising processes, including via the use of technology.
- Strong leadership qualities, excellent interpersonal skills and personal authority based on trusted relationships.
- Strategic vision for the function and ability to explain complex risk terms in business language.
- Excellent communication, effective leadership and management of complex, highly matrixed organisations.
- Ability to collaborate and work dynamically across country, region, business and group stakeholders.
- Strong drive, high levels of integrity, independence and enthusiasm.
- Strong expertise in data analytics, AI, automation and technology risk management in banking.
- Strong presentation skills, sound judgement and courage of conviction.
- Experience in leading transformations in risk and control testing/audit/assurance (asset).
- Experience in leading and motivating teams (asset).
Key Skills
- Risk Specialism
- Market Expertise
- Independent Challenge
- Commercial Mindset
- Execution‑Driven
- Critical Thinking
- Solution Driven
- Proficiency in Technology, AI/Automation
- Managing Change & Conflict
- Integrity
Benefits
- In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing, including core bank funding for retirement savings, medical and life insurance, flexible and voluntary benefits where available.
- Time‑off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), alongside minimum global standards for annual and public holiday 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.
Director, CFCR Assurance (UK/Poland) in Whitehall employer: Standard Chartered
Standard Chartered Bank is an exceptional employer that prioritises inclusivity and employee wellbeing, offering a competitive salary and comprehensive benefits package designed to support your mental, physical, financial, and social health. With flexible working options and a strong commitment to continuous learning and development, employees are empowered to grow their skills in a collaborative environment that values integrity and innovation. Whether based in London or Warsaw, you will be part of a dynamic team driving meaningful change in the banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Director, CFCR Assurance (UK/Poland) in Whitehall
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Standard Chartered looking for candidates who are engaged and informed.
We think you need these skills to ace Director, CFCR Assurance (UK/Poland) in Whitehall
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Standard Chartered. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Standard Chartered
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Standard Chartered’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
