Manager, Fcso Thematic

Job Summary Strategy Ensure that there is adequate support people processes tools frameworks systems in the respective team for necessary FCC controls Business Support relevant stakeholders to make decisions based on current and possible future policies practices and trends Processes Manage and or resolve risk events cases Spend time reviewing cases with staff and independently to resolve issues and further develop improve process and process expertise Follow Below The Line BTL testing DOI to process risk events Do further analysis and escalations using knowledge about complex products Implement roll-out Group and FCC processes DOIs Maintain and recommend for approval by the relevant Risk Committee appropriate processes DOIs to address financial crime risks aligning with relevant regulatory requirements Perform BTL Below The Line testing Conduct first and second level analysis L1 L2 and Validation Check of the BTL samples and recommend action as per the BTL guidelines Review samples and perform random checks Achieve and outperform on the daily productivity No materials findings on the review Where applicable and required help analyst to reach upto a suitable determination of event as per Recommendations of BTL guidelines considering the transactions and public domain research documents if any Ensure that Analysts Specialists do follow a clear and complete articulation of Risk Event commentary explaining rationale for decision with details of funds flow and purpose of transactions as relevant and effective retention of BTL decision comment and supporting documents in ECM showing the results of public domain research information obtained from source systems if any Key Responsibilities Be attentive on any issues heard from the team during execution of test cases - instances of system downtime access denial to be recorded separately and reported as part of the EOD Progress report Where required facilitate MI on BTL i e manual tracker perform manual reconciliation keyword searches etc Overdue countries backlog management improvement on current workflow reduce BTL TAT making BTL more effective and efficient Identify BTL findings which can be extrapolated to Thematic investigations Form process for new products BTL - Credit Card AML CCAML Trade AML Financial Markets - Third Party Payments FM-TPP AML Financing Securities Services AML FSS AML Perform Thematic Reviews Conduct analysis on various themes prepare Analytics Investigation Report AIR and submit to CFCC Identify new trends typologies of financial crime expand its coverage Identify new typologies geographies themes Parameterise the red flags and collaborate to develop a query for generating 1st cut of customers of interest and continuous scrutiny and improvement of the query in light of the results Support best alignment of processes and controls with country FCC and embed into a sustainable operating model Money mule or Shell Co model output reviews Day to day processing of Transaction Monitoring TM cases in line with AAA procedures Money mule or Shell Co model output review guidance note and in a timely manner within agreed TAT s whilst maintaining Quality Control Quality Assurance results in line with Group and local expectations People Talent Provide leadership management and coaching to direct reports to ensure they are highly engaged and performing to their potential 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 Ensure the respective team is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively to support sustainable business growth and address financial crime risks Ensure staff in the respective team have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions Risk Management Make recommendations and or implement to relevant stakeholders on possible risk management responses to identified risks and or findings of concerns from investigations Inform senior management and relevant regulators 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 non-compliant transactions production orders to ensure that all connected parties particularly cross-border are identified and reported at the appropriate levels internally across all relevant jurisdictions Apply Group and FCC policies and processes AML surveillance client screening risk assessment to manage risks Governance Track significant issues arising from FCC metrics FCC Assurance activities Audit reviews and regulatory inspections providing validation of issue closure where necessary Propose control improvements enhancements and simplifications where appropriate Support all control checks undertaken by FCC under the Operational Risk Framework ORF Periodic reporting and timely escalation of significant risks and issues arising from FCC Monitoring and Assurance activities Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework Ensure tracking and remediation of surveillance and investigations related regulatory findings In the event of serious regulatory breaches or where risk tolerances have been breached ensure senior management are informed and that actions are taken quickly to remediate and or activities are ceased Prepare and cascade lessons learned from audit findings FCC assurance activities and specific investigations Collate analyse and interpret data in reports to senior management and relevant governance risk committees Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk vulnerability and thus drive remediation action within the FCC function 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 Effectively and collaboratively identify escalate mitigate and resolve risk conduct and compliance matters Key stakeholders FCC Controls representatives in group and country Other Responsibilities Embed Here for good and Group s brand and values in BTL Thematic review supporting at Group level Perform other responsibilities assigned under Group Country Business or Functional policies and procedures Multiple functions double hats Skills and Experience SQL MS Excel Qualifications Education Any degree Certifications Acams optional Languages Excellent communication in english articulation and writing 5 to 10 years of relevant work experience in the following areas AML transaction monitoring and terrorist financing surveillance skills in relation the respective country jurisdiction and client types Analysis skills able to analyse data trends and out of pattern activities working knowledge of Internet and MS Office Suite independently assimilate analyse and evaluate information from disperse data sources to determine a course of action e g case closure or escalation and record and communicate this decision clearly and concisely Banking knowledge in terms of customers products and transactions with expertise in at least one customer segment retail corporate private banking correspondent banking Banking operations payments experience Client Due Diligence payments cash trade markets or other and service-oriented attitude About Standard Chartered We re an international bank nimble enough to act big enough for impact For more than 170 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 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 Are better together we can be ourselves be inclusive see more good in others and work collectively to build for the long term What we offer In line with our Fair Pay Charter we offer a competitive salary and benefits to support your mental physical financial and social wellbeing Core bank funding for retirement savings medical and life insurance with flexible and voluntary benefits available in some locations Time-off including annual leave parental maternity 20 weeks sabbatical 12 months 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 40353