Key Responsibilities

Strategy
•    Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the respective team for necessary FCC controls. 

Business
•    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 Surveillance Excellence to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment. 

Processes

•    Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks an while assessing the AML alerts.
•    Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
•    Ensure timely review of the AML cases assigned and recommendation to Team Leader/Principal Officer on observation of any suspicious activity for STR reporting
•    Ensure to prepare STR with compete and accurate information clearly mentioning the Ground of Suspicion and other STR report section as per the format prescribed by FIU-India
•    Assess risks arising from products / segments / geographies / customers / transactions during the AML case investigation or otherwise .
•    Conduct a root cause analysis on the control/other failures to ensure lessons are learned across the bank.
•    Ensure the suitability and quality of case investigation data maintained on enterprise case management systems.
•    Understand technical aspects of systems relevant to CDD, Name and Transaction Screening, AML Monitoring and Case Management.

People & Talent 
•    Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
•    Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm

Risk Management

•    Inform senior management 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.

Governance 

•    Propose control improvements, enhancements and simplifications where appropriate.
•    Support all control checks undertaken by FCC under the Operational Risk Framework (ORF).
•    Prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations.
•    Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees.
•    Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the FCC function.

Key stakeholders
•    FCC teams – Group, Region and Country
•    Compliance Team
•    Frontline and Operations teams

Other Responsibilities
•    Embed Here for good and Group’s brand and values in FCC Controls,
•    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Skills and Experience

•    AML Knowledge
•    Communication Skills
•    Surveillance (including Screening and Monitoring)
•    Investigation

Qualifications

•    AML certifications will be added advantage
•    Relevant experience in AML field for at least 2 years

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.