Job Description

Job Summary

The role is part of the leadership team assisting the Head, CFCC FCSO Coverage in (i) oversight and challenge Process Owners (primary FCSO stakeholders), and support RFO delegate under the ORTF and RCSA oversight activities; (ii) SME input into the risk and control effectiveness assessments for CFCC Risk Sub Types (AML, Sanctions) (iii) providing day to day support to the AML and Sanctions Policy Owners on the effectiveness of the high-level design, management and implementation of data conduct related processes and controls in the FCSO and FCC owned process universe in mitigating threats and risks, and adherence to relevant Policies and Standards).

By extension, this work will also serve to support Country FCC heads, in that they can rely on Group\xe2\x80\x99s oversight on the FCC-related activities.

This will involve periodic, targeted and scenario-based reviews and on-going validation of applicable control frameworks and execution of activities to identify areas of opportunity to enhance effectiveness. Validation activities comprise (but is not limited to) reviews of FCSO/FCC Owned Processes (1LoD) control reporting outcomes, assessment conducted by 1LOD.

Strategy

• Responsible to work with other members of the CFCC FCSO Coverage and AML Review team, and wider CFCC community to identify data conduct risks in FCSO and FCC Owned processes, and implementation of CFCC Policy/Standards.
• Responsible for the support of pre-implementation check-and-challenge to be conducted by the CFCC FCSO Coverage, in support of oversight over the delivery by 1LOD of systems, methodologies, and processes to meet CFCC policies and standards.
• 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

• Gap analyse financial crime related regulatory matters in FCSO/FCC Owned Processes (1LoD) to ensure compliance with regulations, obligations and policies/standards, with particular focus on data conduct risks;
• Support relevant stakeholders to make decisions based on Policies/Standards and market practices.

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, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.

Risk Management

• Review Change Request Assessments (or equivalent processes) from an AML/Sanctions risk for FCSO- and FCC-Owned processes;
• In collaboration with other specialist members of the CFCC FCSO Coverage, review and challenge control design proposed by 1LoD in FCSO and FCC managed processes in 2LoD (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 and FCC Owned processes in 2LoD (systems, processes and outputs);
• 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 financial crime related regulatory matters in FCSO processes and FCC Owned processes;
• Assisting Regional/Country FCC to review methodology/approaches and ongoing data-driven assessment of changes to the FCSO-managed Screening and Monitoring systems/Advanced Modules- the review and assessment requires detailed understand of these systems/modules and a FCC Practitioners insight to review/approve the changes being proposed by FCSO;
• Analyze data inputs from process owners, quality control, HRCU, country / region teams, specific investigations reports/findings and analytics to assess risk over the end-to-end function.
• Support the RAA team to ensure the effective assessment of global FCC controls as part of the FCC EWRA (GRA), and propose / modify control effectiveness ratings of key FC processes
• Perform 2LoD monitoring not supported by Assurance;
• Perform horizon scanning, emerging threats and detection scenario effectiveness;
• Oversee and review MI and the maintenance of surveillance systems performed by 1LOD;
• Perform activities required by 2LoD in terms of Policy and standard related to 1LOD data conduct processes
• Analyse audit findings, FCC assurance and specific investigations reports and factor in assessment of data conduct risk in FCSO processes and FCC managed processes in 2LoD;
• 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.

Project/Change Management

• Engage in and influence significant programmes of work in support of the financial crime compliance objectives.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s 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 to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• FCSO/FCC Owned Process Owner teams
• Sanctions Policy & Standards teams
• AML Policy & Standards teams
• CFCC Framework & Policy teams
• Regional/ Country FCC teams
• 1LOD Data Providers

Our Ideal Candidate

• 6+ years of experience Financial Crime experience preferably from Transaction monitoring/screening areas
• Good understanding of AML/Sanctions risk
• Practitioner level of Understanding of the configuration of Transaction monitoring/screening systems

Role Specific Technical Competencies

• CFCC Data Conduct Management
• Compliance Policies and Standards
• Compliance Advisory
• Compliance Review and FCC Assurance
• Surveillance (including Screening and Monitoring)
• Investigations
• Compliance Risk Assessment

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.

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