Job Summary

• Review Trade-ACT escalations alerts in line with the FCSO ACT DOI, Trade ACT Guidance document, Country AML Guidance 
• To review, recommended and escalated any potential HCFR cases to country FCC for their decision
• To work with stakeholders (including Trade Products, Group Trade Ops, Group FCC, Group TB) to work on AML related issues.
• To continuously provide input to stakeholders on improving the overall AML process – including system related.

Strategy
•    Exhibit qualities which demonstrate the group’s strategy.
•    To treat Customer’s with Human touch and understand the importance at every business stage and inculcate this aspect in reporting Staff.
•    To support strategic intent, on the growth of business, cross functional advantage and work on cost efficiency.
 

Key Responsibilities

Business
•    Review pre and post transaction ACT alerts from an AML perspective via Trade AML systems
•    Ensure that appropriate systems, procedures and controls are in place in line with the existing policies and are operating efficiently for Trade 
•    Ensure timely submissions of monthly MIS with respect to Trade AML alerts and reports to country / FCC
•    Ensure timely review and escalation of alerts via Trade AML System to country FCC/RFCIO
•    Coordinating Trade AML rollout across markets in line with the group implementation plan
•    Coordinate IT initiatives/ issues with respect to Trade AML system in use by Operations/ AML Advisors
•    Coordinate BCP / DR testing in addition to taking appropriate measure for managing a crisis situation
•    Build skill and talent by undertaking local/international certifications relating to AML
•    Initiate and drive operational excellence activities.
•    Secure ‘Acceptable’ audit ratings for the unit and ensure timely resolution of audit and AML risk related issues
•    Analyse comprehensive impact of financial crime related regulatory /law enforcement matters on the relevant business area and operations.
•    Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
•    Ensure the team complies with the organization ILDP program
•    Provide inputs to the training team on AML as required

Processes
To continuously provide input to stakeholders on improving the overall AML process – including system related.

People & Talent
Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.

Risk Management
Analyse significant financial crime risk events (e.g. non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally across all relevant jurisdictions. 

Governance
•    In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management 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).

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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
 

Skills and Experience

•    Professional with a combination of Trade and AML knowledge
•    Effective collaborative skills that contribute to positive working relationships with counterparts across the team
•    Understanding of relevant Group, Trade AML policies and standards, including Financial Markets & Security Services  
•    Good written and verbal communication skills.
•    Good judgment
•    An inquisitive approach to practices and procedures.  
•    Personal authority and integrity.  
•    Independence and resilience.
•    CAMS, CDCS, CFE etc. certification would be an added advantage

Qualifications

• TRADE FINANCE OPERATIONS    
• TRADE MONITORING    

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.