The Role Responsibilities Strategy
- Support setting and implementation of the vision, strategy, direction and leadership for i3 Asia, consistent with the vision and strategy for FCC and in support of the Group's strategic direction and growth aspirations.
People and Talent
- Develop and keep up to date appropriate policies/processes/ DOIs to facilitate effective governance over i3 operations, aligning with Group i3 across intelligence and investigations.
- Ensure implementation of FCC policies and procedures as applicable to i3.
- Manage and/or resolve cases.
- 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.
- Provide subject matter expertise on Financial Crime Intelligence, drawing on financial intelligence and law enforcement networks, professional qualifications and experience.
- Assess risks arising from products / segments / geographies / customers / transactions.
- Identify intelligence for typology studies and risk mitigation plans.
- Identify financial crime risk indicators through various internal/external sources and the media; map and assess those risks, quantify the potential impact and escalate where necessary. Advise relevant stakeholders on outcomes of financial crime risks identification and assessment methodologies.
- Apply data analytics to large data sets in order to target risk.
- Analyse significant financial crime risk events (e.g. SAR's, non-compliant transactions, production 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.
- Manage end-to-end financial crime client investigations initiated by external sources (regulators, agencies, authorities or other external organisation), and internal events as applicable.
- Inform senior management of serious regulatory breaches (or where risk tolerances have been breached) promptly.
- Ensure remedial actions (eg Regulatory reporting, client exits, additions to watchlists) are recommended, approved by applicable FCC personnel and implemented quickly.
- Partner with legal counsels for advice on technical matters.
- Provide investigative expertise to support management of Significant Regulatory/Legal cases.
- Conduct a 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.
Regulatory & Business conduct
- Support senior oversight of i3 Asia.
- 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.
- Prepare and cascade lessons learned from investigations as applicable.
- Propose control improvements, enhancements and simplifications where appropriate.
- Produce high quality written reports of findings, suitable for internal and external stakeholders, including regulators where applicable.
- 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 i3 Asia team to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Our Ideal Candidate
- Embed Here for good and Group's brand and values in i3 Asia.
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Role Specific Technical Competencies
- ACAMS and ACFE certifications are desirable
- 8+ Years of experience in FCC
- Undertake complex global research derived from multiple sources, both internal and external to SCB (to include business, operations, compliance, open source web searches, domestic and international regulatory bodies) to produce strategic and tactical intelligence products.
- Manage end-to-end global financial crime client reviews and support the management of multiple regulators, law enforcement agencies, authorities or other external organisations, and internal surveillance.
- Recognised Financial Crime certifications such as ACAMS and ACFE certifications are desirable, and analytics capabilities.
About Standard Chartered
- Compliance Policies and Standards
- Compliance Advisory
- Compliance Review and FCC Assurance
- Surveillance (including Screening and Monitoring)
- Compliance Risk Assessment
- Regulatory Liaison
- Manage Change
- Manage Projects
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:
In line with our Fair Pay Charter,
- 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
we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
Recruitment assessments -
- 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.
some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers