• Vice President / Associate Vice President - Cluster Manager, FCSU Jobs in Chennai,India - 23834019

  • Standard Chartered Bank Ltd

Job Description:

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, CFCC 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 CFCC to dynamically monitor financial crime risk and operational performance for key CFCC 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 CFCC function

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 FCSU to achieve the outcomes set out in the Banks 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

CFCC Controls representatives in group, Region and country

Other Responsibilities

Embed Here for good and Groups brand and values in FCSU,

Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

COMPETENCIES

LEADERSHIP COMPETENCIES

Leadership Level

Spot Opportunities

Line Manager [Individual Contributor]

Solve Problems

Line Manager [Individual Contributor]

Take the Lead

Line Manager [Individual Contributor]

Build Resilience

Line Manager [Individual Contributor]

Collaborate

Line Manager [Individual Contributor]

Communicate

Line Manager [Individual Contributor]

Deliver Sustainably

Line Manager [Individual Contributor]

Achieve Results

Line Manager [Individual Contributor]

TECHNICAL COMPETENCIES

Target Proficiency Level

Compliance Technical Competencies

Compliance Policies and Standards

Core

Compliance Advisory

Core

Compliance Review and FCC Assurance

N/A

Surveillance (including Screening and Transaction Monitoring)

Advanced

Investigations

Core

Compliance Risk Assessment

Core

Regulatory Liaison

N/A

Manage Change

Entry

Manage Projects

N/A

QUALIFICATIONS -

5 to 15 years of relevant work experience in the following areas

For screening

Sanctions and screening (name and transaction) surveillance skills

Analysis skills able to analyse data, working knowledge of Internet and MS Office Suite & independently assimilate, analyse and evaluate information from disperse data sources to determine a course of action (eg case closure or escalation), and record and communicate this decision clearly and concisely

Banking knowledge in terms of customers, products and transactions

Banking operations experience (Client Due Diligence, payments, trade, markets or other) and service oriented attitude

Excellent communication in English (articulation and writing)

For Monitoring

AML transaction monitoring and Terrorist Financing surveillance skills in relation the respective country jurisdiction, and client types (ACAMS and/or international Compliance Association certification or equivalent preferred)

Transaction monitoring or transaction processing direct experience in one or both

Analysis skills able to analyze 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 (eg case closure or escalation), and record and communicate this decision clearly and concisely

Banking knowledge transaction processing, cash & trade, clearing, mass payments, payments systems, methodologies & products with expertise in at least one customer segment (retail, corporate, private banking, correspondent banking)

Banking operations/payments experience (credit cards, mass payments, cash & trade, markets or other) and service oriented attitude

Excellent communication in English (articulation and writing)

REPORTING RELATIONSHIPS

Reports Directly to FCSU Monitoring Unit Head (NCB)

Direct Reports Team Leads

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

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry :
  • Banking -General
  • Functional Area : Banks/Insurance/Financial Services
    Role :
  • Salary : As per Industry Standards
    Deadline : 15th Apr 2020

    Key Skills:

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