Job Summary

The role is part of the leadership team assisting the Head, CFCR FCSO Coverage in (i) oversight and challenge of the FCSO processes primarily related to data  conduct risks, BCBS 239 requirements, and associated change governance, operational risk framework, and Risk and Control Self-Assessment (“RCSA”) oversight activities; (ii) providing day-to-day support to the Head, CFCR FCSO Coverage on the effectiveness of the processes and controls which includes assessment of design, management, and implementation of these processes/controls. 

By extension, this work will also serve to support Country FCC heads, in that they can rely on Group’s oversight on the FCSO processes.

Key Responsibilities

Strategy
•    Responsible to work with other members of the CFCR FCSO Coverage team, wider CFCR community and FCSO to assess the Data Conduct risks associated with FCSO processes, and agree on appropriate action plan to address those risks. 
•    Responsible for the support of pre-implementation check-and-challenge to be conducted by the CFCR FCSO Coverage team over delivery by 1LOD FCSO of systems, methodologies, and processes to meet standards laid out in Group Transaction Monitoring Standards (GTMS), Group Data Standards, and related policies
•    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.

Business
•    Support relevant stakeholders to make decisions based on Policies/Standards and market practices.

Processes
•    Review Change Request Assessments (or equivalent processes) from a Data Conduct Risks  perspective for FCSO processes;
•    In collaboration with other specialist members of the AML team, review and challenge process and control design proposed by 1LoD in FCSO (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;
•    Analyze data inputs from process owners, quality control, country / region teams, specific investigations reports/findings and analytics to assess risk over the end-to-end function.
•    Perform 2LoD monitoring not supported by Assurance;
•    Oversee and review MI related to FCSO Transaction Monitoring processes;
•    Analyze audit findings, FCC assurance and specific investigations reports and factor in assessment of data risk in FCSO processes and FCC managed processes in 2LoD;

People & Talent 
•    Promote and embed a culture of openness, trust and risk awareness, ensuring compliance to  Regulatory, Policy and Standard requirements and adherence to conduct is the norm;
•    Ensure forward planning, prioritization, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.

Risk Management
•    Assist in assessment of inherent risks (where applicable), validate the Risk Identification and Risk Assessment by 1LoD and challenge treatment plan on elevated residual risks;
•    Pro-actively analyses impact of data conduct related regulations/policies and standards matters on FCSO processes;
•    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 working group and governance meetings.

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 Group CFCR FCSO Coverage team to achieve the outcomes set out in the Bank’s Conduct Principles
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters

Key stakeholders
•    FCSO Process Owner and Risk teams 
•    AML Policy & Standards teams
•    FCR FCSO Coverage team
•    CFCR Framework & Policy teams
•    Regional/ Country FCC teams

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.

Skills and Experience

• CFCR AML TM Data Management (Quality, Sovereignty, Privacy)
• CFCR AML TM Policies and Standards 
• CFCR AML Advisory
• CFCR AML Risk Assurance
• CFCR AML TM Surveillance 
• CFCR AML TM Investigations
• CFCR AML Risk Assessment
• CFCR AML Regulatory Liaison
• CFCR AML TM  Change Management

Qualifications

• ACAMS is highly desirable

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.