At Standard Chartered, emerging markets are the places we call home. For over 150 years we've been banking the people and businesses contributing to growth in Asia, Africa and the Middle East. With more than 90,000+ employees representing 133 nationalities, everything we do is founded in our brand promise of being Here for good.
Financial crime is the most profitable industry in the world. It's funding terrorist activities and fuelling drug epidemics world-wide, supporting slavery and proliferating weapons of mass destruction. It affects all of us. We are committed to helping the communities we call home overcome the repercussions of financial crime. So they can continue to emerge and grow sustainably. We believe that together we can lead the way in the fight against financial crime. That's our vision. Working with us is a unique experience that's defined by the people who work here together. At Standard Chartered, you'll have the opportunity to work alongside some of the most brilliant minds in the industry, led by a world-class team, driven by the collective purpose of fighting financial crime.
To assist management in ensuring that the Business operates in accordance with all legal and regulatory requirements and all Group standards relating to anti money laundering and sanctions, so as to protect and enhance the reputation of the Bank with its regulators and avoid significant financial loss or reputational damage.
To help promote, lead and manage, throughout the Business, the culture and practice of Financial Crime risk management within the letter and spirit of United Kingdom Law. This also includes local Laws and Regulations, United Kingdom regulations and in accordance with Group standards.
To help develop and communicate Name Screening strategy with the appropriate teams from Private and Commercial Bank client segments.
Key Roles and Responsibilities
Strategy Support the Group strategic deliverables covering Sanctions and AML for Name Screening and appreciate the external changes that must be incorporated both from a regulatory and market best practice perspective. 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.
Develop procedures that clearly articulate the minimum standards that must be adhered too for Screening with an appreciation of country and business deviation.
Provide advice to relevant stakeholders on compliance with Group standards relating to AML & Sanctions.
First line owner of Screening as a product and the associated rules and tuning.
Understand technical aspects of systems relevant to CDD, Name Screening, and Case Management
Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring systems.
Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
Establish and maintain watch lists used for customer various other due diligence and investigative purposes (local/regional internal and external).
Ensure that the relevant lists and database as used by the screening systems are up to date.
Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.
Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
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 Global FCC Controls Name Screening 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.
FCC Controls Management team, FCC Segment and Country/Regional Heads, Business heads which are supported, Project and Change teams, Operational Risk, FCC Technology.
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.