Inform senior management 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.
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.
Undertake enhanced due diligence on new and existing higher risk /sensitive clients such as PEPs or those associated with high risk industries or countries.
Provide subject matter expertise on PEP / Sensitive Clients.
Manage escalations on PEP / Sensitive Client issues requiring additional assessment and controls.
Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
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.
Contribute to ensuring that PSCU achieves 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.
Work with the business to agree the approach to managing Sensitive Clients, providing written recommendations to senior management and client committees.
Work with the Financial Crime Compliance teams in the regions and client segments who will also manage sensitive clients, with a view to ensuring consistency of approach and spreading "best practice" across the network.
Embed Here for good and Group's brand and values
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.