Associate Director, FCC Governance, Policy and Reporting
Key Roles and Responsibilities
Support the FCC Governance team in the execution of the functional strategy and agenda.
Make use of Group and other tools as appropriate to enhance the efficiency and effectiveness of the FCC Governance team, assissting with team process improvement initiatives.
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.
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 Country to ensure compliance with such policies and procedures.
Keep record of all core documents, including policies/processes/DOIs.
People and Talent
Assist in the preparation of FCC training metrics and management reporting.
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.
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.
Coordinate Country risk assessment.
Map risks, quantify the potential impact and escalate where necessary.
Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
Identify financial crime risk indicators through various internal/external sources that impact SCB and its clients.
Advise relevant stakeholders on outcomes of FCC risks identification and assessment methodologies.
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.
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.
Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
Design and maintain dashboards and metrics that allow FCC to dynamically monitor financial crime risk and operational performance for key FCC processes.
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.
Support the country to achieve the outcomes set out in the Bank's Conduct Principles: Financial Crime Prevention
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Lead or influence significant programmes of work in support of the financial crime compliance objectives.
Country Head of Business (Retail, CB, PVB, CIB)
Country Business Operational Risk
Country Business Operations
Local Financial Intelligence Unit and law enforcement agencies.
Peers in other banks/ industry\
Embed Here for good and Group's brand and values in country,
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Qualifications and Skills
Minimum 7 years of working experience in the financial sector.
Candidate should have at least 5 years of working experience in working in the Governance, Operational Risk, Audit or Assurance roles and should have prior experience of managing country/region/Group level Committees.
TECHNICAL COMPETENCIES Target Proficiency Level: Please choose proficiency level based on definition in the Competency Framework (Entry, Core, Advanced or Expert) Universal Technical Competencies