Job Summary

This role could be based in India and Malaysia. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country

 where the role is based.

This is a fixed-term techno-functional role (3 years, re-approved annually) within the Conduct, Financial Crime and Compliance (CFCR) FCSO Coverage team, providing SME guidance under the Center of Excellence (COE) function.  The COE serves 3 key functions: providing periodic and ad hoc functional 2LOD validation and technical / AML risk advisory of certain aspects of Financial Crime Surveillance & Operations (FCSO) AML monitoring and screening applications; supporting and advising country CFCR teams as part of ongoing tuning services provided by FCSO; and facilitating Group oversight over Country CFCR effectiveness and productivity.

An individual in this role will be required to understand how screening and monitoring surveillance tools operate, both functionally and technically, and how to assess the effectiveness of the systems using data and validation techniques.  The role will assist country CFCR teams in assessing FCSO tuning/optimization/effectiveness recommendations. This role should also have an understanding of data flows into CFCR surveillance applications as well as the workflows associated with investigating CFCR activities, in order to design/execute reporting to facilitate oversight required over FCSO and country CFCR activities.  This can entail recommending and implementing COE process improvement and data collection opportunities, working with 1LOD FCSO to validate functional designs and associated methodologies, and translating CFCR validation requirements from 2LOD CFCR staff into actionable reporting

Strategy/Business

•    Responsible to work with other members of the CFCR FCSO Coverage, AML MRO (Models and Rules Oversight) and AML Review teams, and wider CFCR community to identify risks associated with FCSO surveillance and investigations systems, and implementation of CFCR framework across the Bank and propose appropriate action 
•    Responsible for the support of post-implementation check-and-challenge to be conducted by the AML Risk Framework Owner teams, in support of oversight over the ongoing effectiveness and implementation by FCSO of systems, methodologies, and processes to meet standards laid out in Group Transaction Monitoring Standards (GTMS) and Group Screening Standards (GSS), Group Payment Transparency Standards (GPTS), and other CFCR standards
•    Responsible for support of country CFCR teams via periodic reporting or ad hoc advisory on FCSO-led engagements
•    Responsible to check-and-challenge new rules/models implemented by FCSO from a techno-functional AML SME perspective

Key Responsibilities

Processes

•    Assist CFCR AML RFO to ensure that FCSO surveillance and investigative systems and processes receives 2LOD oversight and is subject to periodic validation
•    Assist CFCR AML RFO / regional CFCR teams in ensuring there is proper country CFCR SME support and oversight over 1LOD activities

People & Talent

•    Act as SME on CFCR Risks associated with FCSO processes 
•    Utilize techno-functional skillset to execute appropriate validations and ensure findings are understandable to both technical and non-technical audiences, in Group and country
•    Utilize techno-functional skillset to ensure the surveillance reporting is feasible, soundly designed, and understandable 
•    Support FCSO on other Compliance Risk Sub-types (CRST) management

Risk Management

•    Focus on AML and Sanctions risk mitigation activity undertaken by FCSO at Group and country levels
•    Identify areas for enhancement of AML framework through validation activities 
•    Engage with relevant stakeholders and recommend / discuss possible risk responses 
•    Summarize findings and suggest recommendations to strengthen the AML framework in the countries  
•    Partner with the AML and Sanctions Policy Owners, Country Risk Owner, MRO, and AML Review teams on the results of the work

Governance

•    Attend relevant CFCR-focussed FCSO forums  
•    Demonstrate awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role
•    Deliver 'effective governance' and challenge fellow executives effectively

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 Risk Response team  to achieve the outcomes set out in the Bank’s Conduct Principles for Financial Crime Compliance 
•    Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters

Key stakeholders

•    Head, CFCR FCSO Coverage  
•    AML and Sanctions Policy Owners
•    Country Risk Owners
•    Head, CFCR, AML Review  
•    Head, CFCR, AML MRO  
•    Regional / Country FCSO/CFCR teams

Other Responsibilities
Embed Here for good and Group’s brand and values in Group CFCR

Skills and Experience

• Experience in a Financial Crime department of a large financial institution 
  Knowledge of the organization's industry group, trends, directions, major issues, regulatory considerations, and trendsetters; ability to apply this knowledge appropriately to diverse situations.
  Understanding of effective communication concepts, tools, and techniques; ability to effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviours.
  Knowledge of and experience with CFCC policy and standards
  Data Science / Visualization
  SQL
  AML Screening and Transaction monitoring applications
  Scripting (e.g. python)
  Machine Learning Techniques (such as: classification, clustering, deep learning, decision trees and supervised & unsupervised techniques)
  Proven ability to apply, debug, and develop machine learning models

Qualifications

• Minimum 5-7 years of Financial Crime experience. 
• Preference will be given to individuals who have FCC systems or process implementation/validation experience, particularly with software development life cycle (SDLC) engagements or with FCC control design and oversight. 
• Colleagues with prior audit and/or assurance experience will also be preferred. 
• Experience or Exposure to Fircosoft or Mantas solutions preferred
  CAMS certified is desirable but not mandatory.

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.