Job Description

Job: Compliance
Primary Location: Asia-Singapore-Singapore
Schedule: Full-time
Employee Status: Permanent
Posting Date: 14/Jul/2022, 3:07:00 AM
Unposting Date: 13/Aug/2022, 5:59:00 PM


The Role Responsibilities
As part of the AML & Tax Frameworks team, the role holder is expected to be an experienced AML/FCC/Compliance professional who is able to contribute to multiple complex projects/initiatives concurrently and independently. The role holder will be responsible for supporting a number of key initiatives, including project management of large, pan-segment/product related AML Policy & Standards implementation; assisting in remediation exercises; developing SME skills in assigned AML Policy and Standards and provide advice to the CFCC Advisory team/business stakeholders; pro-active risk identification and remediation; and enhancement of internal DOIs and process. It is expected that the role holder has good communication skills, including verbal and written, is able to build collaborative relationship with all levels of the organisation and is comfortable working with senior management in FCC & Business. The role holder is expected to have excellent attention to details and will be able problem-solve parts of complex or large problems. Additionally, the role holder will be responsible for compiling the AML risk dashboard (MI). Strong IT and data management (Excel, Tableau, SES, SQL) are a distinct advantage and will be complimentary to role. Business

• Support the provision of AML Policy & Standards advice to the business & CFCC Advisory, regarding financial crime risks and controls related to assigned policy & standards.
• 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 FCC.

Processes

• Document and maintain all core documents, including policies/processes/DOIs for the AML frameworks.
• Works collaboratively with the business and Operational Risk and FCC Controls.
• Ensures appropriate documentation of controls and control decisions.

Management information

• Design and maintain dashboards and metrics that allow FCC to dynamically monitor financial crime risk and operational performance for key FCC processes.

People and Talent

• Develop communications strategies and plans that deliver timely and relevant messages to the right stakeholders through appropriate activities and channels.

Risk Management

• Understand technical aspects of systems relevant to CDD, PEP, and Client Risk Assessments.
• Apply Group and FCC policies and processes (CDD, PEP, Group Financial Crime Information Sharing Standards, AML/CTF Standards) to manage risks.

Training

• Review and advice on AML-related training materials

Governance

• Maintain monthly implementation pipeline for all AML-related policy / standards
• Providing governance and oversight over the objectives in CFCC AML Policy, Standards and associated implementation
• Support the management of audits/exams.
• Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees.

Project/Change Management

• Track, support or influence significant programmes of work in support of the financial crime compliance objectives.
• Ensure that the implementation of any AML standards/policy, if project managing, is delivered in accordance to the timeline and agreed scope, and following the Group’s project management standards

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.
• Support the CFCC AML Oversight 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.

In relation to Financial Crime Compliance the job holder should possess:

• Some experience of FCC across multiple jurisdictions
• Have a good knowledge of the Group, the Policies, Procedures and Standards relating to Financial Crime Compliance, as well as knowledge of the local regulations and legislation on AML/CTF and sanctions
• Strong analytical and decision-making skills
• Strong responsibility and organisation skills
• Excellent negotiation and communication skills – Formal writing skills and verbal communication including presentation skills
• Strong learner, intellect and relater. Ability to work independently with minimal supervision and to complete tasks in timely manner
• Self-motivated and self-reliant, with the ability to provide practical and effective advice. Inclusive style and good listening skills are required. Being able to accept challenge, listen to the other point of view and adapt your approach accordingly is essential
• Good judgement. Excellent collaborative and team playing skills.
• Diplomacy, empathy and a 'can-do attitude'.
• Politeness, sensitivity and the ability to gently, but professionally stand your ground when needed
• An inquisitive approach to practices, procedures and specific transactions. Personal authority and integrity, independence, creativity, resourcefulness and resilience
• Understanding of the key features of relevant FCC laws and regulations that affect the Group
• Be willing to develop other team members to increase their knowledge and also want to develop further as a manager

Key Stakeholders

• Group CFCC Product & Segment Heads and their teams
• Regional & Country Heads of FCC/CFCC
• Product, Segment & FCC ORF representatives
• Group FCC Controls
• Business (Segment & Product) stakeholders
• Group AML Policy and Review and Risk teams

Other Responsibilities

• Embed Here for good and Group’s brand and values in CFCC AML Policy, Standards and Oversight
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Our Ideal Candidate

• 5+ Years of experience in Risk management and Governance
• Compliance Policies and Standards
• Compliance Advisory
• Surveillance (including Screening and Monitoring)
• Investigations
• Compliance Risk Assessment
• Regulatory Liaison
• Manage Change
• Manage Projects
• Manage Conduct
• Manage People

Role Specific Technical Competencies

• ACAMS preferred
• Financial Crime risk knowledge in Products would be advantageous
• Experience in regulatory engagement and/or liaison would be advantageous
• Excellent writing skills are a must – communications to senior management and/or regulators

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks 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.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers