Job Summary

• This role could be based in India or Malaysia. When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you only select a country where the role is based
• This role is a leader within a Center of Excellence (COE) team assisting the Head, Conduct & Financial Crimes Compliance (CFCC) Financial Crimes Surveillance and Operations (FCSO) Coverage in (i) oversight and challenge Process Owners (primary FCSO stakeholders), and support RFO delegate under the Operational Risk Type Framework (ORTF) and Risk & Controls Self-Assessment (RCSA) oversight activities; (ii) subject matter expertise (SME) input into the risk and  control effectiveness assessments for CFCC Risk Sub Types (AML, Sanctions) (iii) providing day to day support to the AML and Sanctions Policy Owners on the effectiveness of the high-level design, management and implementation of data conduct related processes and controls in the  FCSO and FCC owned process universe in mitigating threats and risks, and adherence to relevant Policies and Standards). 
• By extension, this work will also serve to support Country FCC heads, in that they can rely on Group’s oversight on the FCC-related activities.
• This will involve periodic, targeted and scenario-based reviews and on-going validation of applicable control frameworks and execution of activities to identify areas of opportunity to enhance effectiveness.  Validation activities comprise (but is not limited to) reviews of FCSO/FCC Owned Processes (1LoD) control reporting outcomes, assessment conducted by 1LOD.  Additionally, the work will entail supporting and advising country FCC teams as part of ongoing services provided by FCSO and facilitating Group oversight over Country FCC effectiveness and productivity.  

Key Responsibilities

Strategy

• Responsible to work with other members of the CFCC FCSO Coverage, AML Review, and AML MRO (Models and Rules Oversight), and wider CFCC community to identify data conduct risks associated with FCSO and FCC-owned processes, and implementation of CFCC Policy & Standards 
• Responsible for the support of pre-implementation check-and-challenge to be conducted by the CFCC FCSO Coverage team, to provide oversight over the delivery by 1LOD of systems, methodologies, and processes to meet CFCC policies and standards
• Responsible for support of the execution of reviews across countries on a periodic/scheduled basis, preparation of reports and presentations as to findings, observations, and recommendations for senior management and stakeholders.
• Conducting regular and ad hoc data analyses across AML and sanctions surveillance systems and databases for the purposes of assessing ongoing effectiveness of the tools, across different dimensions (e.g., by country, by segment, etc.)

Processes

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

People & Talent

•  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 
• Responsible for setting an example to other junior members of the CFCC FCSO Coverage COE team
• 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 Country Risk Owners, MRO, and AML Review teams on the results of the work
• In collaboration with other specialist members of the CFCC FCSO Coverage, review and challenge control design proposed by 1LoD in FCSO and FCC managed processes in 2LoD (systems, processes and outputs) and results;
• Provide backup support for RFO delegate for AML and Sanctions in all RCSA related responsibilities including review and challenge of Inherent Risk, Control design, Residual risk, Treatment Plan for Elevated Residual Risks for FCSO and FCC Owned processes in 2LoD (systems, processes and outputs);
• Pro-actively analyses impact of financial crime related regulatory matters in FCSO processes and FCC Owned processes;
• Assisting Regional/Country FCC to review methodology/approaches and ongoing data-driven assessment of changes to the FCSO-managed Screening and Monitoring systems/Advanced Modules- the review and assessment requires detailed understand of these systems/modules and a FCC Practitioners insight to review/approve the changes being proposed by FCSO;

• Analyze data inputs from process owners, quality control, HRCU, country / region teams, specific investigations reports/findings and analytics to assess risk over the end-to-end function.
• Support the RAA team to ensure the effective assessment of global FCC controls as part of the FCC EWRA (GRA), and propose / modify control effectiveness ratings of key FC processes
• Perform 2LoD monitoring not supported by Assurance;
• Perform horizon scanning, emerging threats and detection scenario effectiveness;
• Oversee and review MI and the maintenance of surveillance systems performed by 1LOD;
• Analyse audit findings, FCC assurance and specific investigations reports and factor in validations of FCSO processes and FCC managed processes in 2LoD;
• Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.

Governance

• Attend relevant CFCC-focused 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 team to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• FCSO/FCC Owned Process Owner teams 
• Sanctions Policy & Standards teams
• AML Policy & Standards teams
• CFCC Framework & Policy teams
• Regional/ Country FCC teams
• 1LOD Data Providers

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);

Skills and Experience

•    CFCC Screening and Txn Monitoring Systems and Process Validation  
•    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
•    Data Analytics & Visualization tools (SQL, python, etc.)
•    Analytical and problem-solving skills
•    Compliance Policies and Standards 
•    Compliance Advisory
•    Compliance Review and FCC Assurance
•    Surveillance (including Screening and Monitoring)
•    Investigations
•    Compliance Risk Assessment
 

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.