Specialist, Financial Crime Surveillance Unit

Specialist, Financial Crime Surveillance Unit

Standard Chartered
Malaysia
Not Specified
Not Specified

Job Description


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%27s 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%27re 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
Processes
  • Perform quality control process as stated in the DOI’s and by employing a risk based approach to address financial crime/money laundering risks
  • Assist in publishing quality control results and participate/lead discussions with the investigative teams to highlighted identified exceptions and thematic trends, if any
  • Adhere to expected deadlines as stated in the DOI’s and recommend appropriate process/DOI changes

Risk Management
  • 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.
  • QC outcome including supervisory checks to be performed / shared with OR testing team for performance of CST/KCI.


Governance
  • Propose process improvements, enhancements and simplifications where appropriate.
  • Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Control Outcome framework.
  • 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.

Regulatory %26amp; 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 Surveillance Excellence to achieve the outcomes set out in the Bank’s 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.

People and talent
  • 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.

Key Stakeholders
  • FCC Controls representatives in group and country.
  • FCSU processing teams
  • Internal and External reviewers

Other Responsibilities
  • Embed Here for good and Group’s brand and values in FCC Controls,
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate
For screening:
  • Sanctions and screening (PEP, adverse media and transaction) surveillance skills
  • Awareness of key global financial sanction regulations
  • Analysis skills:  able to analyze data, working knowledge of Internet and MS Office Suite %26amp; independently assimilate, analyse and evaluate information from disperse data sources to determine a course of action (e.g. 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.
  • Working knowledge of payment systems including SWIFT Messaging networks
  • Excellent communication in English (articulation and writing).

For Monitoring:
  • AML and terrorist financing Transaction Monitoring investigation/surveillance skills
  • Awareness of key Money laundering regulations, financial crime patterns and the ability to understand the money laundering risks involved in the products and services offered by the bank
  • Awareness of Transaction Monitoring systems (e.g. Actimize, Norkom. Mantas)
  • Analysis skills: able to analyze data trends and out of pattern activities, working knowledge of Internet and MS Office Suite %26amp; independently assimilate, analyse and evaluate information from disperse data sources to determine a course of action (e.g. case closure or escalation), and record and communicate this decision clearly and concisely.
  • Banking: knowledge in terms of customers, products and transactions with expertise in at least one customer segment (retail, corporate and institutional banking, private banking, correspondent banking, Trade)
  • Banking operations experience (Client Due Diligence, payments, trade, markets or other) and service oriented attitude.
  • Excellent communication in English (articulation and writing).

Apply now to join the Bank for those with big career ambitions. 
To view information on our benefits including our flexible working please visit our . We welcome conversations on flexible working.

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