Associate Director, Investigations, Integrated Intelligence and Investigations (i3), GCNA
Standard Chartered Bank
June 27, 2019
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 & Our Ideal Candidate
Assist the Head i3 GCNA, to implement the vision, strategy and direction for i3 GCNA, consistent with the vision and strategy for the High Risk Clients & Emerging Threats (HRCET) Unit and in support of the Group FCC's strategic direction and growth aspirations.
Support relevant stakeholders to make decisions based on current and possible future policies, practices and trends.
Provide subject matter expertise on Financial Crime Investigation and Intelligence, drawing on law enforcement and other professional networks, professional qualifications and experience.
Continuous monitoring of the internal and external environment through various sources, including the media, to identify financial crime risks which may potentially impact the Bank. Map and assess those risks, quantify the potential impact and escalate, as necessary.
Undertake complex investigation and research using internal and external sources and resources (to include business, operations, compliance, open source web searches, local and international regulatory and advisory bodies) to produce strategic and tactical intelligence products.
Execute key deliverables designated by Group i3 and the HRCET Unit.
Work with key stakeholders to generate proactive projects in which large internal datasets (including client static data and transactions) are analysed to identify financial crime risk through patterns, trends and typologies, and to mitigate such risks.
Support specialized intelligence assessments and analysis of clients and products through examination of transactions, Production Orders, subpoenas, warrants and other internal datasets, information and/or intelligence.
Assist to oversee the process of filing STRs, in conjunction with the Country Controls Team
Provide advice to relevant stakeholders relating to financial crime and compliance with Group standards.
Drive and develop i3 GCNA's outreach capabilities, including establishing and maintaining contacts with law enforcement agencies, regulators, not-for-profit organizations, industry bodies and other financial institutions in order to assist the Bank to proactively mitigate financial crime risks, and to demonstrate the Bank is at the forefront and partnering in the fight against financial crime. Outreach should be in accordance with stated Group i3 priorities.Participate and play a leading role in external industry forums, working groups and public-private-partnership events (including the Fraud and Money Laundering Intelligence Taskforce) as a representative of the Bank in respect of financial crime.
People and Talent
Lead Group-led investigations across the region. Track significant case events and present to senior FCC management in GCNA the issues, actions, solutions, and progress, to mitigate the risk.
Work collaboratively with Group and GCNA i3 colleagues in the execution of their responsibilities with reference to investigations and intelligence.
Promote and embed a culture of openness, trust and risk awareness, in which ethical, legal, regulatory and policy-compliant conduct is the norm.
Foster an environment in which forward planning, prioritisation, deadline management and streamlined workflows, and collaborative, inclusive, effective and efficient work practices are the norm.
Collaborate with training teams to input to training curriculum to support closing of capability gaps.
Discuss staffing levels with Head, i3, GCNA, with regard to adequate resourcing and staffing by an appropriate number of competent staff, sufficiently independent to perform duties objectively, to support sustainable business growth and address financial crime risks.
Risk Management (Responsibilities Under Risk Management Framework - both execution and supervisory)
Apply and assist to develop Group and FCC policies and processes.
Make recommendations (and/or implement) to stakeholders with regard to possible risk management responses to identified risks and/or findings of concern from investigations.
Work in partnership with Business Segments, FCC and other stakeholders, including the HK Country MLRO, to ensure that financial crime risks identified from external sources and internal deep-dive client reviews are appropriately addressed and mitigated.
Assess risks arising from products / segments / geographies / customers / transactions, as required.
Analyse significant financial crime risk events and intelligence (including STRs, and non-compliant transactions) to ensure that all connected parties have been identified and reported at the appropriate levels internally, and that financial crime risk has been appropriately mitigated.
Foster internal and external intelligence with a view to conducting research, identifying red flags and typologies, and appropriate risk mitigation.
Advise relevant stakeholders on outcomes of AML risk identification, assessment, analysis and mitigation.
Provide investigative expertise to support management of significant investigations, and share best practices with stakeholders to foster a culture of continuous improvement.
Manage end-to-end financial crime client reviews initiated by external sources (regulators, law enforcement agencies, authorities or other external organisations), and internal surveillance.
Conduct root cause analysis on the control/other failures to ensure lessons are learned across the bank.
Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
Provide intelligence inputs to support calibration of the Bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
Support the Head, i3, GCNA in management oversight of the i3 function.
Ensure the Head, i3, GCNA, and other FCC stakeholders, are regularly provided with concise updates of all key investigations, intelligence assessments and other actions taken by GCNA and Group i3 (as appropriate), and are informed of relevant matters from Group or other sources.
Contribute to effective and efficient communication during GCNA i3 team meetings, and via the GCNA i3 Weekly Update.
Contribute to FCC Country Heads and other stakeholders being provided with concise updates of all key actions taken by the GCNA i3 team. This can be achieved through participation in regular calls with Country Heads.
Ensure appropriate use of Bank technological systems, including recording of investigations, intelligence reviews, mitigation, etc.
Inform the Head, i3, GCNA 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.
Use initiative and knowledge to propose stakeholder control improvements, enhancements and simplifications.
Contribute to development and relevance of policies, processes, and/or DOIs to address financial crime risks. Contribute to alignment with relevant regulatory requirements, and relevant Regional/Group documents and manuals.
Regulatory & Business conduct
Display exemplary conduct and live by the Group's New Valued Behaviours and the Code of Conduct.
Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Code of Conduct.
Support the Head, i3 GCNA, to achieve the outcomes set out in the Bank's Conduct Principles
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Head, FCC, GCNA
Global Head, HRCET Unit
Global Head i3
Head i3 GCNA
Senior FCC Management in GCNA
Senior Legal & Compliance Management in GCNA
Relevant Business segments
Law enforcement agencies, and regulators
NGOs and external professional and interest groups/forums
Embed Here for good and Group's brand and values in i3 GCNA.
Support efforts to position the Bank as an industry leader in the eyes of regulators and industry stakeholders, partnering in the fight against financial crime.
Foster and drive law enforcement outreach, and outreach to peer banking institutions on intelligence.
Perform other responsibilities assigned under Group, Region, Country, Business or Functional policies and procedures, or as directed by senior management.
Apply now to join the Bank for those with big career ambitions.
Internal Number: 5910020
About Standard Chartered Bank
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