As such, this role would suit a team player who has:
relevant experience in financial crime risk management; a sound understanding of potential financial crime risk factors posed by clients and an inquisitive mind that will ask the right questions to fully understand the risk posed in each individual case;
a proven ability to analyse information from multiple sources, and use it to form well-reasoned, coherent and evidenced assessments and recommendations;
sound judgement and the confidence to use it to propose creative solutions to nuanced problems, and to challenge others, including senior stakeholders, to find collaborative solutions as needed;
strong communication and influencing skills, including the ability to explain complex issues in clear concise language to senior management, both orally and in writing, and the confidence to challenge where needed;
the ability to prioritise effectively and experience of leading projects or workstreams independently; and the flexibility and resilience needed to lead a network of peers across different countries, which will include both senior and junior colleagues.
Risk Management
Evaluating the specific financial crime risks associated with high risk clients. This will include providing direction on any extra due diligence, account reviews or transaction analysis that may need to be undertaken to enable a deeper understanding.
Designing control frameworks for each client that is designated as “Sensitive”, which includes tailoring control options to the particular risks identified, ensuring that these are applied, and monitoring the client’s activity on an ongoing basis to ensure that the financial crime risk remains within tolerance.
Working with the wider-High Risk Client Unit and Financial Crime Compliance teams in the countries, regions and client segments with a view to ensuring consistency of approach and spreading “best practice” across the network.
Providing feedback and lessons learned to inform ongoing development and refining of policy standards and control options
Processes
Contributing to and/or leading on specific projects on behalf of the team, as required. Such projects may include design and development of new policies and procedures, assurance activities, watchlist management, and targeted reviews of groups of high risk clients.
Business
Providing advice to the front line on the classification and risk assessment of PEPs and other high risk clients. This includes playing a central role assessing and evaluating clients escalated from country teams.
Working with the business to agree the approach for such clients, and providing written recommendations to senior management and client committees.
People and Talent
As part of the PEP and Sensitive Clients Unit (PSCU) team act collaboratively and openly with HRCU and other teams across the business and Financial Crime Compliance (FCC). In particular, ensure that the AME branch of the PSCU builds strong working relationships with Integrated Intelligence and Investigations (i3); Command, Control, Communication, Coordination (C4); Sanctions; FCC segment; region and country teams.
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.
Help the PEP and Sensitive Client Unit 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.
Key Stakeholders
Business Segment Relationship Managers within countries in the AME region
Chief Operating Office (COO) functions in Corporate & Institutional Banking (CIB), Commercial Banking (CB), Private Banking (PVB) and Retail, particularly the process teams for CDD within those teams
High Risk Client Unit teams
Regional CFCC teams
Country CFCC teams
Segment CFCC teams
FCC and HRCU Senior Management
Apply via :
scb.taleo.net
