Business * 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.
Processes * Providing governance and oversight over the implementation of FCC-related policies and procedures in Region to ensure compliance with such policies and procedures. * Provide advice to relevant stakeholders on compliance with Group standards relating to AML/Sanctions/ABC.
People and Talent * Develop communications strategies and plans that deliver timely and relevant messages to the right stakeholders through appropriate activities and channels. * Develop/refresh training courses/materials to support closing of capability gaps. * Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
Risk Management * Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management. * 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. * Identify financial crime risk indicators through various internal/external sources that impact SCB and its clients. * Implement AML/Sanctions/ABC risks identification and assessment methodologies. * Map risks, quantify the potential impact and escalate where necessary. * Advise relevant stakeholders on outcomes of AML/Sanctions/ABC risks identification and assessment methodologies.
Governance * In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased. * Propose control improvements, enhancements and simplifications where appropriate. * Support all control checks undertaken by FCC under the Operational Risk Framework (ORF). * Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework. * 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 the implementation where relevant of projects in response to changes to policies/procedures.
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 function 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.
Key Stakeholders * Senior FCC Management in Region and Group * FCC Country Governance Heads * FCC Country Heads of Compliance * Head, FCC Governance, Policy & Reporting ASA & SEA
Other Responsibilities * Embed Here for good and Group's brand and values in ASA. * Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Qualifications and Skills
* Appropriate external FCC qualification for example ICA Diploma or ACAMs * Relevant undergraduate degree