Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
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.
Providing governance and oversight over the implementation of FCC-related policies and procedures in Malaysia to ensure compliance with such policies and procedures.
Document and maintain all core documents, including policies/processes/DOIs.
Provide advice to relevant stakeholders on compliance with Group standards relating to AML/Sanctions/ABC.
Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management [EDIT IF REQUIRED].
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.
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.
Implement [AML/Sanctions/ABC] risks identification and assessment methodologies.
Conduct Country risk assessment.
Map risks, quantify the potential impact and escalate where necessary.
Provide intelligence inputs to support calibration of bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
Support all control checks undertaken by FCC under the Operational Risk Framework (ORF).
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.
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.
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 FCC Governance team 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.
Embed Here for good and Group's brand and values in Malaysia.
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Qualifications and Skills
COMPETENCIES: LEADERSHIP COMPETENCIES Leadership Level: Please choose the leadership level (e.g., Organisation Leader) after reviewing the Leadership Competency Framework Spot Opportunities Individual Contributor Solve Problems Individual Contributor Take the Lead Individual Contributor Build Resilience Individual Contributor Collaborate Individual Contributor Communicate Individual Contributor Deliver Sustainably Individual Contributor Achieve Results Individual Contributor TECHNICAL COMPETENCIES Target Proficiency Level: Please choose proficiency level based on definition in the Competency Framework (Entry, Core, Advanced or Expert) Compliance Policies and Standards