Associate, Financial Crime Surveillance Operations

About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.

We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

Business

• 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

• Review Name Screening (NS) alerts escalated through AAA process and make decisions on cases after reviews based on related Name Screening DOIs.
• Manage Watchlist update process, which those entries are received from internal stakeholders followed by their investigation results.
• Resolve complex NS Cases (PEP, Adverse media, Due diligence etc) and make recommendations to Business stakeholders.
• Manage project related NS ACT cases;
• Manage end to end workflow design related to name screening process, and communication with Business stakeholders once there is any impact to current workflows;
• Oversight on Analyse and Assess process handled by GBS;
• Tracking issue and incident triggered due to exceptions to manage the risk and escalations.

People and Talent

• Good understanding of Financial Crime Compliance Operations; and
• Talent with Name Screening Controls experiences will be preferred.

Risk Management

• Ensure the suitability and quality of case data maintained on enterprise case management systems.
• Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name Screening, AML Monitoring and Case Management .
• Apply Group and FCC and FCSO policies and processes (AML surveillance, client screening, risk assessment) to manage risks as 1Lod.
• 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.
• Advise relevant stakeholders on outcomes of [AML/Sanctions/ABC] risks identification and assessment methodologies.
• Conduct a root cause analysis on the control/other failures to ensure lessons are learned across the bank in case any issue impact to FCSO case reviews.
• Provide intelligence inputs to support calibration of bank’s Risk Methodologies (including aggregate client risk, product risk and country risk assessments).

Governance

• Propose control improvements, enhancements and simplifications where appropriate.
• Support all control checks undertaken by FCSO under the Operational Risk Framework (ORF).
• 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 FCSO function.

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.
• 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.
• Support relevant stakeholders to respond to regulatory request.

Key Stakeholders

• In-Country Business and Operation teams
• Regional FCC Control and FCSO team
• Country CFCC
• GBS counterparties

Other Responsibilities

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

Our Ideal Candidate

Compliance Policies and Standards

Compliance Advisory

Compliance Review and FCC Assurance

Surveillance (including Screening and Monitoring)

Investigations Advanced

Compliance Risk Assessment

Regulatory Liaison

Manage Change

Manage Projects

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our . We welcome conversations on flexible working.