Strategy * Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Region and idenitfy gaps in ASA countries for necessary FCC controls. * Assist the identificationand and implemention of the 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. * Support resolution of competing requirements between regulations, for example between AML regulations and data privacy/bank secrecy or information security regulations.
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. * 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].
People and Talent * Provide leadership, management and coaching to junior team members. * 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. * 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 asssit the implementation) 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. * Implement [AML/Sanctions/ABC] risks identification and assessment methodologies. * Map risks, quantify the potential impact and escalate where necessary.
Governance * Support senior oversight of FCC region. * 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. * 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). * Implement quality assurance standards and workflows for the FCC Assurance function. * Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework. * 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.
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 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.
Key Stakeholders * Senior FCC Management in Region and Group