• Vice President, Financial Crime Surveillance Unit - TMCB Jobs in Chennai,India - 23833950

  • Standard Chartered Bank Ltd
  • Save Job
  • 15 - 20 Years
  • Posted : 26 days ago

Job Description:

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

Arrange to provide ongoing Refresher Sessions to ensure staff members are up-to-date with the latest developments in FCC space and maintain quality control standards which is fit for purpose

Help ensure FCSU TMCB 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 TMCB have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions

Succession Planning Identify, groom, where required upskill atleast one resource

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 stakeholders 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 SARs, 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

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

Ensure tracking and remediation of surveillance and investigations related regulatory findings

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

Design and maintain dashboards and metrics that allow FCC to dynamically monitor financial crime risk and operational performance for key FCC processes

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 Unit under oversight 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

Support relevant stakeholders to respond to regulatory questions

Raise the profile of SCB through outreach

Project/Change Management

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

Review new business requirements and provide solutions where required

Provide skilled resources to support project/change management delivery to ensure smooth transition to BAU

Key Stakeholders

FCC Controls representatives in group and country

Country FCC representatives

Regional FCC team members

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



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]


Line Manager [Individual Contributor]


Line Manager [Individual Contributor]

Deliver Sustainably

Line Manager [Individual Contributor]

Achieve Results

Line Manager [Individual Contributor]


Target Proficiency Level

Compliance Technical Competencies

Compliance Policies and Standards


Compliance Advisory


Compliance Review and FCC Assurance


Surveillance (Transaction Monitoring)




Compliance Risk Assessment


Regulatory Liaison


Manage Change


Manage Projects



15 to 20 years of relevant work experience in the following areas

AML and terrorist financing surveillance skills in relation the respective country jurisdiction, and client types

Banking knowledge in terms of customers, products and transactions pertaining to correspondent banking with specific focus on external entity, CIB clients

End to end exposure to AML risk management/transaction monitoring including case load management

Exposure to regulatory engagement and managing stakeholders from country senior management

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 operations experience (Client Due Diligence, payments, trade, markets or other) and customer centric attitude

Proven record in successfully handling a big team with excellent quality delivery

CAMS, CFE certifications would have an added advantage

Excellent communication in English (articulation and writing)


Reports Directly to Functional Head

Direct Reports Team Manager

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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