Job Summary

• Sanctions investigation and risk management.

Responsibilities

Business

• Support line management in ensuring that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications.
• Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
• Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to FCC.
• Be updated on current events, regulatory issues and new and changing Sanctions regulations, in country, in the UK and the US, and internationally
• Provide Sanctions Compliance advice and guidance to businesses and functions in a timely, effective and constructive manner on relevant issues escalated to the Regional FCC Sanctions

Processes

(Processes for which the role is responsible under the ERMF for executing /completing and for supervising)

• Providing governance and oversight over the implementation of relevant FCC-related policies and procedures in Region /Business to ensure compliance with such policies and procedures.
• Provide advice to relevant stakeholders on compliance with Group standards relating to Sanctions
• Ensure accurate and timely disposition of cash and trade transactions screening alerts in compliance with the relevant Sanctions Policies, Standards and Departmental Operating Instructions for cash and trade screening alert investigation activities.
• Support the business/functions/group/regions/countries with transactional queries ensuring timely and constructive responses
• Ensure process controls are commensurate to the risk and effectively working for Sanctions Investigations and Operations team in compliance with the procedures and regulatory timescales
• Awareness of processes around sanctions true matches (coordination with SRE process) including reporting of breaches, Potential Circumvention Attempts, addition to and maintenance of internal lists and capturing of trends
• Support projects and inititives (as nominated) involving transaction screening function ensuring risks are adequately highlighted and mitigated appropriately thereby enabling smooth implementation
• Continuously review the cash and trade transactions screening process sanctions controls and identify if changes and controls are required to better manage risk.
• Support resolving escalations from business.
• Support prepring responses to various audits.

People & Talent

• Identify training needs of Sanctions Risk Analysis and Controls team and communicate to line management
• Deliver/ Support Sanctions/ training programs to meet the training needs of CFCC.
• Deliver/ Support Sanctions/ training programs to meet the training needs of the business

Risk Management

(Responsibilities Under Risk Management Framework \xe2\x80\x93 both execution and supervisory)

• Understand technical aspects of systems relevant to Transaction and Name Screening, Case Management, CDD and Client Risk Assessments
• Support the establishment and maintainence of watch lists used for customer and transaction screening and various other due diligence and investigative purposes (local/regional internal and external).
• Apply Group and CFCC policies and processes 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 geographies / customers / transactions.
• Identify financial crime risk indicators through various internal/external sources that impact SCB and its clients.
• Conduct a root cause analysis on the control/other failures to ensure lessons are learned across the bank.
• Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
• Escalate immediately to Regional Head of Sanctions material breaches or potential breaches of sanctions laws, regulation or Group procedures

Governance

• Support all control checks undertaken by CFCC under the Enterprise Risk Management Framework (ERMF).
• Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• 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.
• Maintain reporting of key transactional related metrics to Financial Crime Compliance Sanctions leadership on a regular basis
• Participate in the development and maintainence of effective governance and oversight of the Financial Crime Survelillance Operations (FCSO) teams and embed a continuous engagement model

Regulatory & Business Conduct

Display exemplary conduct and live by the .

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.

Support the AME Sanctions Investigations and Operations team to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

Support the establishment and development of effective working relationships with business/functions in the effort of partnering to improve effectiveness of Sanctions Operations

Support the relationship with Country CFCC teams to support in-country transactional activity and business queries, and to provide guidance and oversight of Sanctions Compliance processes

Support the development and maintenance of effective working relationship and engagement with the Financial Crime Surveillance Unit (FCSO) teams

Other Responsibilities

• Embed Here for good and Group\xe2\x80\x99s brand and values in AME Sanctions Risk Analysis and Controls team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Our Ideal Candidate

Certification in CGSS (Sanctions) or AML or equivalent.

In-depth proven knowledge and previous experience in Sanctions investigations roles, covering transaction screening and name screening.

Role Specific Technical Competencies

• Sanctions knowledge
• Transaction Screening Analysis
• Name Screening

About Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks 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.
• Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

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