Strategy * Input to Group/Region/Country/Client Business operating model design of relevant FCC and business processes. * Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the FCC Governance & Product Risk Framework for necessary FCC controls. * Set and implement the vision, strategy, direction and leadership for the FCC Governance & Product Risk Framework , 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 FCC CIB and CB to ensure compliance with such policies and procedures. * Provide advice to relevant stakeholders on compliance with Group standards relating to AML, Sanctions and ABC.
People and Talent * Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential. * 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. * Ensure FCC Governance & Product Risk Framework is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively, to support sustainable business growth and address financial crime risks. * Ensure staff in FCC Governance & Product Risk Framework have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions. * Deliver/support AML, Sanctions and ABC training programs to meet the training needs of the business. * Deliver/support AML, Sanctions and ABC training programs to meet the training needs of FCC. * Develop/refresh training courses/materials to support closing of capability gaps.
Risk Management * Maintain oversight of risk mitigating action plans. * Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management. * 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. * 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 * Map risks, quantify the potential impact and escalate where necessary. * Deliver/ support delivery of 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). * Oversee the review and analysis of the client base to identify and manage high risk clients, or specific country reviews.
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. * 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. * Define metrics and/or key risk indicators (KRI) especially for AML, Sanctions and ABC. * 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.
Project/Change Management * Lead or influence significant programmes of work in support of the financial crime compliance objectives. * Review new business requirements and provide solutions where required. * Provide skilled resources to support project/programme delivery.
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 & Product Risk Framework 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.
Qualifications and Skills
Degree qualified LEADERSHIP COMPETENCIES Leadership Level Take the Lead Business / Function Manager Achieve Results Business / Function Manager TECHNICAL COMPETENCIES Target Proficiency Level Compliance Risk Assessment Expert Manage Change Expert Manage Projects Expert