CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Input to -Country/Client Business operating model design of relevant FCC and business processes.
Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Country/Department for necessary FCC controls.
Set and implement the vision, strategy, direction and leadership for the Country/Department, consistent with the vision and strategy for FCC and in support of the Group's strategic direction and growth aspirations.
Analyse comprehensive impact of financial crime related regulatory matters on the relevants business area and its operations.
Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in 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.
Effectively supervise FCC Controls team for day-to-day BAU activities
Supervise and undertake investigations to identify suspicious account activities and prepare and submit Suspicious Activity Reports ("SAR") to the law enforcement agencies ("LEA") where necessary.
Ensure timely reporting and escalation of significant AML/CTF issues to management.
Coordinate with the relevant operations units to ensure that the relevant lists and database used in the transaction monitoring and investigation are up to date and relevant.
Follow and comply with AML CDD / Sanctions policies and procedures where applicable to BAU activities.
Develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements.
Providing governance and oversight over the implementation of FCC-related policies and procedures in Country/Business to ensure compliance with such policies and procedures.
Provide advice to relevant stakeholders on compliance with Group standards relating to AML/Sanctions/ABC.
People and Talent
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 (i.e. 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.
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.
Analyse significant financial crime risk events (e.g. SAR's, 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 bank's 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.
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 Group's 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 Bank's 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 Bank's compliance with respect to each request
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)
Embed Here for good and Group's 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.
Internal Number: 6375883
About Standard Chartered Bank
eFinancialCareers is a career site specializing in financial services.