Associate Financial Crime Compliance (qatari Nationals)
Doha, Qatar
Job Description
Job : Business Support and Management
Primary Location : Africa & Middle East-Qatar-Doha
Schedule : Full-time
Employee Status : Permanent
Posting Date : 13/Apr/2023, 6:49:27 AM
Unposting Date : 27/Apr/2023, 5:59:00 PM
The Role Responsibilities Business
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:
The Role Responsibilities Business
- Analyse comprehensive impact of financial crime related regulatory matters on the relevant business area and its operations.
- 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 (Financial Crime Compliance).
- Processes (Processes for which the role is responsible under the ORF as 1st & 2nd line; for executing / completing, and for supervising)
- Providing governance and oversight over the implementation of FCC-related policies and procedures in Qatar to ensure compliance with such policies and procedures.
- Provide advice to relevant stakeholders on compliance with Group standards relating to [AML/Sanctions/ABC/Fraud].
- Understand technical aspects of systems relevant to CDD (Customer Due Diligence), Client Risk Assessments, Name and Transaction Screening, AML (Anti Money Laundering) Monitoring and Case Management.
- Provide advice on the application of risk management frameworks (e.g. ORF, GRA)
- 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.
- 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.
- Identify intelligence for typology studies and risk mitigation plans.
- Map risks, quantify the potential impact and escalate where necessary.
- Advise relevant stakeholders on outcomes of [AML/Sanctions/ABC/Fraud] risks identification and assessment methodologies.
- Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
- Provide intelligence inputs to support calibration of bank\xe2\x80\x99s Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
- 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.
- Display exemplary conduct and live by the Group\xe2\x80\x99s 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 Qatar FCC team to achieve the outcomes set out in the Bank\xe2\x80\x99s 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.
- Regional Cluster Control Team, Bahrain
- Regional Controls Team, UAE
- Qatar Central Bank
- Qatar Financial Markets Authority
- Group List Management Team
- Regional Sanctions Team
- Embed Here for good and Group\xe2\x80\x99s brand and values in Qatar
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
- Thorough knowledge of banking regulations in Qatar and Group policies as well as country customized policies.
- Strong analytical skills.
- Good judgment enabling the provision of sound advice on regulatory matters.
- Personal authority, integrity and ethics.
- An inquisitive approach to practices, procedures and specific transactions.
- Ability to manage and give leadership to subordinates.
- Independence and robustness.
- Compliance Policies and Standards
- Compliance Advisory
- Compliance Review and FCC Assurance
- Surveillance (including Screening and Monitoring)
- Investigations
- Compliance Risk Assessment
- Regulatory Liaison
- Manage Change
- Manage Projects
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
- 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.
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Job Detail
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Job IdJD1536245
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationDoha, Qatar
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EducationNot mentioned