Key Responsibilities

The role of Analyst is to support the Chief Compliance Officer and Head of FCC (Financial Crime Compliance) in the execution of their accountabilities insofar as they relate to CFCR related processes.

• Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality CFCR related advice and guidance to enable the business and functions to meet/ achieve their strategic tactical objectives.
• Provide robust challenge to relevant stakeholders where activities are outside risk tolerance/ appetite, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to address any remedial action needed to come back within risk tolerance/appetite.
• Work closely with the business and its operational teams to provide timely advice to ensure compliance with all relevant laws and regulations and support the transition to pro-active and pre-emptive CFCR risk mitigation.
• Develop a good working relationship with GBS FCSO and participate in regular Service Delivery Meetings with them.

• Arrange to review and set the local country addendums, where needed, vs the group standards and policies.
• Develop and maintain effective policies/processes/DOIs (including training, advice and support) to address conduct, financial crime and compliance risks, aligning with relevant regulatory requirements.
• Provide governance and oversight over the implementation of CFCR related policies and procedures (to enable compliance with such policies and procedures).
• Provide support and challenge to the management to ensure that they establish and monitor appropriate processes for compliance with CFCR policies, procedures and standards (including meeting regulatory obligations and maintaining high standards of conduct).
• Second line challenge to processes owned by the first line, including (but not limited to) specific Risk Framework Owner oversight of Complaint Handling, Client Off-Boarding, Know Your Distributors, Loan Sell-down, Enterprise Approprateness, Regulatory On-Boarding, CDD, AML Sureveillance, and Customer Screening along with the other risk sub types mapped to CFCR as second line.
• Work with the Country Head of FCC to manage and develop the relationship with the regulators in accordance with the Regulatory Relationship Plan and ensure regular updates are shared with relevant governance forum.
• Help ensure the Bank is properly prepared for regulatory inspections and coordinating responses with the business in line with the Group Regulatory Guidance Note.
• Proactively monitor regulatory developments to manage the regulatory impact of complex regulatory matters on the Bank's business and its operations

• Track significant issues arising from CFCR metrics, Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
• Oversight of FCSO for AML Investigations work that arises from Transaction Monitoring alerts (automated & manual alerts/IRs, OTCs and IXs), including alerts generated from Trade Surveillance, Transaction Screening and credit card monitoring.
• Support complex investigations to include Group or Regional-level i3 cases.
• Oversight of FCSO for Processing and concluding cases allocated in a timely manner within agreed TATs whilst maintaining Quality Control/Quality Assurance results in line with Group and local expectations. 
• Oversight of FCSO to ensure timely initiation of follow up actions including heightened monitoring, CDD review and list additions.
• Arrange for adhoc reviews or any further deep dive reviews on certain processes/sub risk types.
• Group Risk Assessment as per Group Risk Assessment Methodology and handle any further data driven reviews and track the GRA action plans with updates to FCRC (Financial Crime Risk Committee).
• Maintenance of the Compliance Obligations Register and ensure controls driven from Group Standards for Managing Legal and Regulatory Obligations by Compliance are effectively implemented and produce the required Residual Risk Assessment for CCO/Head of FCC approvals.

Key stakeholders

• Chief Compliance Officer, Iraq
• Head of FCC, Iraq
• Country Business Segments/Product teams
• Other Risks and Control Functional Heads (Risk, Finance, COO, Audit, etc)
• Financial Crime Surveillance Operations (FCSO)
• Group HRCU
• Shared Investigations Service (SIS)
• Cluster & Group FCC team
• Support Functions like CMt, TTO, Property etc and individuals acting as business operational risk staff.
• Anti-Money Laundering Unit.
• Central Bank of Iraq

Skills and Experience

• Manage Conduct    
• Manage Risk
• Compliance Policies and Standards
• Compliance Advisory
• Compliance Review and FCC Assurance
• Surveillance (including Screening and Monitoring)
• Investigations
• Compliance Risk Assessment
• Manage Change
• Manage Projects

Qualifications

• Extensive experience in any of the following areas: Risk management, FCC, Compliance, Audit
• An FCC related qualification is desirable – such as ACAMS, ICA or CFE.
• Bachelors' degree

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.