Strategy

Be aware of and execute the prescribed strategy of Regional SCB leadership in day to day operations, as related to mitigating financial crime risk and meeting or exceeding current and relevant future regulatory compliance requirements.

Business

Continually monitor the external environment through various internal/external sources and the media to identify financial crime risks which may potentially impact the bank in the future, map and assess those risks, quantify the potential impact and escalate where necessary.

Processes

• Conduct thorough and detailed research in support of country, client and industry studies to include researching beneficial owners, adverse media, social network analysis, etc.
• Support Senior Manager and Team Lead in conducting detailed, thorough reviews based on internal and external intelligence to determine scope and depth of suspicious activity.
• Conduct detailed and voluminous transactional reviews using excel to detect and report on potentially suspicious activity.
• Formulate and recommend responses to potential suspicious findings, reporting such activity to the appropriate regulatory authorities, and supporting FCC in developing the Bank’s forward-looking risk-mitigation response.
• Coordinate responses and requests pursuant to Section 314 of the USA PATRIOT ACT where necessary;
• Work with team members to determine whether to close cases, escalate findings and/or file a Suspicious Activity Report (“SAR”) with the US Treasury’s Financial Crimes Enforcement Network.
• Draft and review SARs.
• Draft requests for information (RFI)
• Perform data entry related to tracking and documenting intelligence review steps
• Provide comprehensive and timely administrative support to the FCIU team, including filing of pertinent materials, generating photocopies, compiling presentations, etc.

Risk Management

Ensure full understanding of the risk and control environment in area of responsibility

Governance

• Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role
• Deliver ‘effective governance’; challenge fellow executives effectively; and work with any local regulators in an open and cooperative manner

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 FCIU Team to achieve the outcomes set out in the Bank’s Conduct Principles
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters]

Key Stakeholders

• FCC Management Team and Leadership Team
• Investigations
• Group i3
• SCBNY Business Unit

Other Responsibilities

• Embed here for good and Group’s brand and values in the FCC Team.
  
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures