Strategy (Responsibilities that are related to the development and implementation of a strategy)
Business (Responsibilities related to the delivery of business and / or financial objectives) * 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 (Processes for which the role is responsible under the ORF as 1st & 2nd line; for executing / completing, and for supervising) * Providing governance and oversight over the implementation of FCC-related policies and procedures in [Global/Region/Country/Business] to ensure compliance with such policies and procedures. * Manage and/or resolve alerts/cases/SARs.
People and Talent (Responsibilities related to people and talent matters)
Risk Management (Responsibilities Under Risk Management Framework - both execution and supervisory) * Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management]. * Ensure that detection scenarios that are developed and deployed are fit-for-purpose. * 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. * Assess risks arising from products / segments / geographies / customers / transactions. * 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. * Analyse significant financial crime risk events (e.g. SAR's, non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally as well as externally across all relevant jurisdictions. * Identify intelligence for typology studies and risk mitigation plans. * Identify financial crime risk indicators through various internal/external sources that impact SCB and its clients. * Provide investigative expertise to support management of Significant Regulatory/Legal cases. * Conduct a root cause analysis on the control/other failures to ensure lessons are learned across the bank. * Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies. * Provide intelligence inputs to support calibration of bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
Regulatory & Business conduct (The below is mandatory standard wording, do not remove) * 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 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.
Other Responsibilities * Embed Here for good and Group's brand and values in team * Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures. * Multiple functions (double hats);
Qualifications and Skills
ICA and/or ACAMs qualifications required Intelligence and/or investigations training required
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 Core Compliance Advisory Core Compliance Review and FCC Assurance N/A Surveillance (including Screening and Monitoring) N/A Investigations Advanced Compliance Risk Assessment Core Regulatory Liaison N/A Manage Change N/A Manage Projects N/A