Analyse comprehensive impact of financial crime related regulatory matters on the relevants business area and its operations.
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.
Document and maintain all core documents, including policies/processes/DOIs.
Provide advice to relevant stakeholders on compliance with Group standards relating to AML/Sanctions.
Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name Screening, AML Monitoring and Case Management.
Review and assess existing system and controls relevant to FCC to ascertain operational performance and effectiveness.
Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
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.
Develop and/or implement risk management frameworks (e.g. ORF, GRA) including methodology, governance / process, analysis and action planning.
Advise relevant stakeholders on outcomes of AML risks identification and assessment methodologies.
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.
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.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Embed Here for good and Group's brand and values in FCC CRM GC & NA team.
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
The Role Requirements
A recognised university degree or professional qualification in Law / Finance / Accounting / Business or related disciplines
Sound knowledge of Compliance and Regulatory matters; with relevant experience in banking, compliance and audit
Strategic Thinking and Analytical capabilities
Excellent Communication and Report Writing skills
Ability to influence and work collaboratively with colleagues across different functions
Discipline towards Planning, Execution and Delivery within required timelines
Team Player and team-oriented
Apply now to join the Bank for those with big career ambitions.
Internal Number: 5228578
About Standard Chartered Bank
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