Business * Scope of role include Standard Chartered Bank (SCB) Branches, and Governance oversight of all SCB Branches / Subsidiaries in the company as Associate, FCC, Investigations or Analyst, FCC, Investigations * Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends. * Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to FCC. * Secure 'Acceptable' audit ratings for the unit and ensure timely resolution of audit and risk related issues. * Initiate and drive operational excellence activities to improve effectiveness & efficiency of the unit.
Processes * Provide advice to relevant stakeholders on compliance with Group standards relating to [AML/Sanctions/ABC]. * Ensure that records of suspicious activity reports are kept in accordance with the Bank's record retention requirements. * Maintain registers such as SAR, Case registers up-to-date & ensure timely escalations, trigger event mails are sent to RM/business touch points. * Conduct quality assurance reviews on work performed by the FCSU Transaction Surveillance team, FCSU-NS team and cross functional quality assurance check within FCC, investigations. * Ensure quality of review undertaken in TSU Chennai satisfies the requirements of the business and the local legal and regulatory requirements pertaining to respective countries. This includes reviewing the appropriateness of actions taken on a sample of alerts / cases. * Coordinate & perform BCP / DR testing in addition to taking appropriate measure for managing crisis situation.
People and Talent * Mentor and provide guidance / on-the-job training to new joiners * Build overall talent within the team by encouraging staff members to undertake local / international certifications relating to AML and develop / cross train members of staff.
Risk Management * Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management [EDIT IF REQUIRED]. * Provide advice on the application of risk management frameworks (e.g. ORF, GRA). * Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks. * Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations. * Assess risks arising from products / segments / geographies / customers / transactions. * Ensure timely reporting and escalation of significant risk issues to management. * Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased. * Coordinate & perform BCP / DR testing in addition to taking appropriate measure for managing crisis situation.
Governance * Maintain dashboards and metrics that allow FCC to dynamically monitor financial crime risk and operational performance for key FCC processes. * Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the FCC function.
Project/Change Management * Support Technology initiatives / roll out to support required system enhancements, UAT and system evaluations. * Cooperate and support the management in implementation of any other initiative (including intelligence exchange but not limited) that may arise during the course of the year.
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 Regional FCC, Controls to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment * Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. * Adhered or guided by local AML/CTF regulations of Bangladesh, Nepal, Sri Lanka, Brunei, Labuan, Vietnam, Philippines and Mauritius.
Key Stakeholders * Head, FCC Controls (ASA) * Head / Manager / Team Lead Regional, FCC Investigations * In-Country / Region / Group FCCs * FCSU India and Malaysia
Other Responsibilities * Embed Here for good and Group's brand and values in Regional FCC, Controls * Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Qualifications and Skills
* ACAMS: Association of Certified Anti-Money Laundering Specialists * AML certification from International Compliance Association (ICA) or equivalent
How To Apply
You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:
- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role
- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information) - We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application
It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.
The closing date for applications is 24/07/2017. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.
Diversity and Inclusion
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.