• Director, FCC, Investigations Jobs in Hong Kong

  • Standard Chartered Bank Ltd
  • Hong Kong
  • Save Job
  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

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 Country/Department 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 Country/Department have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions
Ensure participation on appropriate FCC awareness & training (ie SAR and financial crime trends, AML investigation outcomes, lessons learnt) within country
Prepare lessons learnt documents (from SARs & AML Investigations) and share with the team

Risk Management

Ensure the suitability and quality of case data maintained on enterprise case management systems
Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management
Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring systems
Ensure that detection scenarios that are developed and deployed are fit-for-purpose
Review and assess existing system and controls relevant to FCC to ascertain operational performance and effectiveness
Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps
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
Assess risks arising from products / segments / geographies / customers / transactions
Analyse significant financial crime risk events (eg SARs, 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
Advise relevant stakeholders on outcomes of [AML/Sanctions/ABC] risks identification and assessment methodologies
Conduct a root cause analysis on the control/other failures to ensure lessons are learned across the bank
Provide intelligence inputs to support calibration of banks Risk Methodologies (including aggregate client risk, product risk and country risk assessments)


Attend relevant leadership meetings
Provide [or support] senior oversight of FCC country/function
Prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations
Propose control improvements, enhancements and simplifications where appropriate
Support all control checks undertaken by FCC under the Operational Risk Framework (ORF)
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
Develop effective controls and procedures for identifying, monitoring, reporting and record keeping of suspicious activities and ensure that significant cases of suspected money laundering/terrorist financing are subject to appropriate investigations and disclosures where necessary Ensure relevant procedural manuals are in place for all line of business in compliance with the relevant regulations on anti-money laundering (AML) and counter-terrorist financing (CTF)
Ensure quality assurance is in place on transaction monitoring and customer name screening
Coordinate BCP / DR testing

Project/Change Management

Lead or influence significant programmes of work in support of the financial crime compliance objectives
Review new business requirements and provide solutions where required
Manage the implementation and operation of names screening and transaction monitoring systems including GNS and Mantas

Regulatory & Business Conduct

Display exemplary conduct and live by the Groups 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 Transaction Monitoring Team to achieve the outcomes set out in the Banks Conduct Principles [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment] *
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
Works with HKMA (AML/CFT examination), Joint Financial Intelligence Unit (SAR filing) and Local Law Enforcement Agencies (Crime Investigation)
Coordinate information requested from regulators and/or LEA relating to AML/CFT and ensure that they are promptly attended to Maintain records evidencing the Banks compliance with respect to each request

Key Stakeholders

Business or Unit heads and managers (for risk management and compliance initiatives)
Regional and Group FCC colleagues/project teams (system implementation and enhancement)
Internal/External Audit and Country Operation Risk (for audit and reviews)
Legal and compliance (for interpretation and consultation on legal and regulatory requirements)
SCB US (support RFI requests)
SCOPE (to fulfil our outsourcing requirements)
Regulators and Law Enforcement Agencies (for AML/CTF examinations, SAR filing and crime investigation)

Other Responsibilities

Embed Here for good and Groups brand and values in HK FCC
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Our Ideal Candidate

Substantial experience in the financial services industry and FCC management
Experience of FCC and business activities and have access to all business information relevant to his/her role
Have a good knowledge of Financial Crime Risk, as well as knowledge of the local regulations and legislation on AML/CTF and sanctions
ACAMS certified, preferred

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

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Production/Manufacturing/Maintenance/Packaging
Role : Production/Manufacturi ng/Maintenance
Salary : As per Industry Standards
Deadline : 24th Feb 2020

Key Skills:

Company Profile:

Standard Chartered Bank Ltdarfix

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