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
Support Line Manager input to Country operating model design of relevant FCC FCSU and business processes.
Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Act Maker Team as part of overall Transaction Monitoring process.
Set and implement the vision, strategy, direction and leadership for the Act Maker team, consistent with the vision and strategy for FCC and FCSU and in support of the Group's strategic direction and growth aspirations.
Analyse comprehensive impact of financial crime related regulatory matters on the relevant business area and its operations.
Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications.
Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
Assist Line Managerto to develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements.
Assist Line Manager providing governance and oversight over the implementation of FCC-related policies and procedures to ensure compliance with such policies and procedures.
Provide advice to relevant stakeholders on compliance with Group standards relating to ACT Maker
People and Talent
Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
Collaborate with training teams to input to training curriculum to support closing of capability gaps.
Ensure ACT Maker team is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively, to support sustainable business growth and address financial crime risks.
Ensure staff in ACT Maker team have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions.
Maintain oversight of risk mitigating action plans.
Understand technical aspects of systems relevant to CDD, Client Risk Assessments, , AML Monitoring,
List Management and Case Management.
Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to
Make recommendations (and/or implement) to relevant stakeholders on possible risk management
responses to identified risks and/or findings of concerns from investigations.
orders) to ensure that all connected parties, particularly cross-border are identified and reported at the
appropriate levels internally as well as externally across all relevant jurisdictions.
Advise relevant stakeholders on outcomes of AML risks identification and assessment methodologies.
Ensure that significant investigations are concluded internally and externally where relevant (including
Attend relevant leadership meetings.
Support Line Manager oversight of ACT Maker team.
Support Line Manager to ensure tracking and remediation of surveillance and investigations related
In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior
management and relevant regulators are informed and that actions are taken quickly to remediate and/or
activities are ceased.
Propose control improvements, enhancements and simplifications where appropriate.
Support relevant control checks undertaken by FCC under the Operational Risk Framework (ORF).
Collate, analyse and interpret data in reports to senior management and relevant governance/risk
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 FCC 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.
Lead the Act Maker team 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.
Ensure compliance of PBOC regulation
Embed Here for good and Group's brand and values in Transaction Monitoring and Screening team
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Apply now to join the Bank for those with big career ambitions.
Internal Number: 6641150
About Standard Chartered Bank
eFinancialCareers is a career site specializing in financial services.