Strategy * Input to Region/Country operating model design of relevant FCC and business processes. * Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Region for necessary FCC controls. * Set and implement the vision, strategy, direction and leadership for the Region, consistent with the vision and strategy for FCC and in support of the Group's strategic direction and growth aspirations.
Business * Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications. * 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 * Develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements. * Provide 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 * Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm. * Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm. * Develop communications strategies and plans that deliver timely and relevant messages to the right stakeholders through appropriate activities and channels.
Risk Management * Maintain oversight of risk mitigating action plans. * Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps. * 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. * Map risks, quantify the potential impact and escalate where necessary. * Support delivery of annual Global AML, ABC and Sanctions Risk Assessments. * Provide intelligence inputs to support calibration of bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
Governance * Support senior oversight of FCC region/country/function. * 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. * Prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations. * Track significant issues arising from FCC metrics, FCC Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary. * Implement quality assurance standards and workflows for the FCC Assurance function. * Periodic reporting and timely escalation of significant risks and issues arising from FCC Monitoring and Assurance activities. * Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework. * Co-ordinate/support the management of audits/exams. * Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees. * 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. * Ensure tracking and remediation of surveillance and investigations related regulatory findings.
Project/Change Management * Lead or influence significant programmes of work in support of the financial crime compliance objectives.
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 proceduresa
Job Details Department: FCC Governance ASA Report to: Head, FCC Governance, Policy and Reporting Job grade: Grade 5 (M22/M23)
Qualifications and Skills
* Appropriate external FCC qualification for example ICA Diploma or ACAMs * Relevant undergraduate degree
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.