• Associate Vice President, Name Screening Jobs in Chennai,India - 25331752

  • Standard Chartered Bank Ltd
  • Save Job
  • 8 - 10 Years
  • Posted : above 1 month

Job Description:

About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East

To us, good performance is about much more than turning a profit Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good

Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation This in turn helps us to provide better support to our broad client base

Help set and implement the vision, strategy, direction and leadership for the FCSU, consistent with the vision and strategy for FCC and in support of the Group s strategic direction and growth aspirations
Help ensure that there is adequate support (people, processes, tools, frameworks, systems) in the FCSU for necessary FCC controls

Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends
Resolve conflicts of interest arising from regulations and information security

Maintain and recommend (for approval by the relevant Committee), appropriate processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements
Implement/roll-out Group and FCC processes/DOIs
Manage and/or resolve alerts/cases
o Follow the Correspondent Banking DOI to process risk events in line with Assess, Analyse, Act (AAA) process
o Do further analysis and escalations using knowledge about complex products

People and Talent
Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential
Develop communications strategies and plans that deliver timely and relevant messages to the right stakeholders through appropriate activities and channels
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
Help ensure the FCSU 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
Help ensure staff in FCSU 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 (eg 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 across all relevant jurisdictions
Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks

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
Attend relevant leadership meetings
Support senior oversight of FCSU
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
Define metrics and/or key risk indicators (KRI) especially for AML, Sanctions
Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees
Design and maintain dashboards and metrics that allow FCC to dynamically monitor financial crime risk and operational performance for key FCC processes
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
Lead the FCSU 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
Support relevant stakeholders to respond to regulatory questions
Raise the profile of SCB through outreach

Project/Change Management
Measure outcomes on Change initiatives/ program post-implementation to evaluate benefits realisation
Manage and protect business as usual (BAU) capability during change programmes, as well as during the execution and delivery of the Remediation initiatives through project phase and into BAU
Provide subject matter expert advice, guidance and support to the project managers on managing change
Lead or influence significant programmes of work in support of the financial crime compliance objectives
Review new business requirements and provide solutions where required
Provide skilled resources to support project/programme delivery

Key Stakeholders
FCC Controls representatives in group and country

Other Responsibilities
Embed Here for good and Group s brand and values in FCSU,
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Apply now to join the Bank for those with big career ambitions

To view information on our benefits including our flexible working please visit our career pages

Profile Summary:

Employment Type : Full Time
Industry : Banking / Financial Services
Salary : Not Disclosed
Deadline : 06th Jun 2020

Key Skills:

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