- 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.
- 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.
- Open source and adverse media search.
- Creation of the running lists containing individuals and entities of interest.
- Collection of all available information from internal and external systems regarding subject of concern.
- Collection and analysis of prior alerts, case dispositions and escalations.
- Relationship identification activities.
- Transaction exposure review through FCC Explorer / Quantexa checks.
- Drafting Requests for Information, Intelligence Alerts, and other related documents.
- Undertake CDD platform and offline reviews of clients escalated to GPSCU for review.
- Engage Business teams to elicit client relationship information and, in support of Sensitive Client case managers, make informed judgements on the risks presented by such relationships.
- 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.
- Demonstrate the ability to plan, execute, manage and report financial crime investigations.
- 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.
- Active participation in Projects assigned by Stakeholders / Manager, share ideas and possible improvements with minimal supervision from the Team Lead or Stakeholders.
- Undertake i3 Lead Investigator responsibility and work with Case Reviewers in Key or Significant cases to deliver each step of the Investigation.
- Perform media reviews to identify serious adverse news related to Money laundering, Terrorist Financing, Terrorism, Corruption, Insider Trading, Politically Exposed Persons, Sanctioned entities, etc.
- Identify, analyse and document i3 investigations and GPSCU casework with focus on confirmed risk events, money laundering and terrorist financing exposures, sanctions risk, political exposure, litigation checks, regulatory and enforcement actions, bankruptcy checks, internal and external watchlists and FCC internal risk events.
- Building instrumental relationships with Asia-wide stakeholders. Communicate openly and flag any potential issues.
- Build instrumental relationships with other peer members of the HRCU Asia and across the wider-HRCU team.
- Take independent and proactive approaches when facing problems / issues.
- Follow the approved DOIs and Manuals and understand duties and responsibilities.
- Seek clarification or escalate issues to team lead in a timely manner.
- Interpretation and Application of relevant AML Laws and Regulations.
- Generate casework ideas that create value and suggest improvements to processes and procedures.
- 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.
- Act collaboratively and openly with HRCU and other teams across the business and FCC. In particular, ensure that the GBS KL team builds strong working relationships across the PSCU, i3, C4 and Sanctions teams and the FCC segment, region and country teams.
- Apply Group, FCC and HRCU 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.
- 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 systems and advise relevant stakeholders on outcomes of AML, Sanctions and ABC risks identification and assessment methodologies.
- Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
- 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.
- 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.
- Ensure timely reporting and escalation of significant issues to management.
- Establish and develop effective working relationships within the unit.
- Attend and actively contribute to relevant team meetings.
- Propose control improvements, enhancements and simplifications where appropriate.
- 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.
- Embed Here for good and Group's brand and values in Group i3.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- 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].
- Head, HRCU i3 and GPSCU Asia
- Head, HRCU Intelligence and Investigations Unit
- HRCU Team Leads
- SCB Asia Business teams
- Regional CFCC teams
- Country CFCC teams
- Segment CFCC teams
- Professionally qualified - Preferably Graduate or Postgraduate in a numerate or research discipline. CAMS / ICA certification is an advantage.
- Relevant experience in a bank, regulatory, financial services, compliance, legal or audit function with a financial crime related focus.
- Have an advanced knowledge of the Group, the Policies, Procedures and Standards relating to Financial Crime Compliance, as well as knowledge of the major regulations and legislation on AML / CTF and sanctions.
- Strong analytical experience working with large data sets to identify trends, patterns and typologies.
- Proactive and creative thinker, with the ability to adapt to different requirements and to spot patterns.
- The employee is obligated to conduct internal training for all members of HRCU Asia (i3 and GPSCU) when needed.
- Interest in geo-political affairs.
- Knowledge of processes, tools and techniques for assessing and controlling an organization's exposure to risks of various kinds ability to apply this knowledge appropriately to diverse situations
- Knowledge of and ability to utilize tools, techniques and processes for gathering and reporting data in a particular department or division of a company
- Knowledge of and experience with day-to-day management, operations and support of a big data application, systems and platforms
- Knowledge of and experience with CFCC policy and standards
- Knowledge of collaborative techniques and approaches ability to promote a culture of continuous improvement and working together across functions to solve business problems and meet business goals
- Knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business ability to apply this knowledge appropriately to diverse situations
- 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
- 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 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.
Associate Director, HRCU - Malaysia - Standard Chartered Bank Malaysia
Description
The Role Responsibilities
Job Role
The role is dual purpose
Act as a Lead and supporting FCC i3 investigator to assist in given projects to ascertain if existing client relationships (direct and / or correspondent banking exposure) expose the bank to financial crime risks.
Key responsibilities include, leading complex and bespoke financial crime investigations, oversight and guidance of investigators, stakeholder management, project reporting, searching for adverse media, identifying existing relationships, conducting transactions reviews and analyses, and assisting in the communication of findings to Stakeholders.
Support HRCU Asia Sensitive Client case managers to identify and oversee the management of Asia Sensitive Clients and to proactively challenge the business in their assessment of client risk and the implementation of controls during the lifetime of the Sensitive classification.
The case manager will play a hands-on role in identifying and overseeing the proactive management of those clients, and contribute to a culture of continuous improvement in the way the team manages the financial crime risk posed by clients. The role will also involve support to ensure administrative tasks associated with the oversight of Asia Sensitive Clients is maintained and completed to a high and compliant standard.
Strategy
The employee is a team member of HRCU Asia based in KL (Malaysia), which is a part of the wider Group FCC High Risk Client Unit Group.
The main responsibility is to identify, assess and mitigate Financial Crime Risk through Integrated Intelligence and Investigations and Sensitive Client oversight and management.
Business
Support HRCU i3 and GPSCU teams in given projects by offering deep and complex analysis.
Analysis to include
Processes
People and Talent
Risk Management
Governance
Regulatory and Business Conduct
Key Stakeholders
Our Ideal Candidate
Role Specific Technical Competencies
Risk Management
Data Gathering and Reporting
Big Data Management
CFCC Policies and Standards
Cross-functional Collaboration
Business Acumen
About Standard Chartered
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 , together with our brand promise, to be are achieved by how we each live our . When you work with us, you'll see how we value difference and advocate inclusion. Together we:
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
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