Job Summary

Analyse comprehensive impact of financial crime related regulatory matters on the relevants business area and its operations.

Key Responsibilities

Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications.
•    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 Financial Crime Compliance (FCC).
•    Support resolution of competing requirements between regulations, for example between Anti Money Laundering (AML) regulations and data privacy/bank secrecy  or information security regulations.
•    Develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes/ to address financial crime risks, aligning with relevant regulatory requirements.
•    Providing governance and oversight over the implementation of FCC related policies and procedures in [Globa/Region/Country/Business] to ensure compliance with such policies and procedures.
•    Act as Process Owner for FCC-owned processes under the Group’s Risk Management Framework, including implementation and roll-out of relevant processes.
•    Provide advice to relevant stakeholders on compliance with Group standards relating to AML/Sanctions.
•    Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
•    Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
•    Understand technical aspects of systems relevant to Customer Due Diligence (CDD), Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management 
•    Ensure that detection scenarios that are developed and deployed are fit-for-purpose.
•    Oversee the appointment of, and manage relationships with watchlist vendors as appropriate.
•    Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.
•    Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
•    Assess risks arising from products / segments / geographies / customers / transactions.
•    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.
•    Anticipate horizon risks in the area of financial crime that may have a significant impact on the Group and develop effective strategies to mitigate such horizon risks.
•    Analyse significant financial crime risk events (e.g. SAR’s, non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally as well as externally across all relevant jurisdictions.
•    In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
•    Support all control checks undertaken by FCC under the Operational Risk Framework (ORF).
•    Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees.

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.