Ref: HP048-466

Job description / Role

Employment: Full Time

Job Description

PURPOSE: (Please explain succinctly the reason for existence of the role)

1. The position is sought for the regional hub for Financial Crime Intelligence Operations in Dubai, UAE to serve all countries in Middle East/Africa where Detica SCS (Transaction Surveillance & Customer Surveillance) are used for AML Transaction surveillance. The FCIO hub in UAE will act as a second level review team for alerts / Cases escalated from first-level reviewer teams in Chennai. The RFCIO is expected to closely work with country Compliance / FCC and Business teams and deliver seamless FCIO capabilities;

2. To assist Senior management in ensuring that the Business in SCB locations in Africa and UAE (hub) operates in accordance with regulatory requirements and all Group FCC standards relating to anti money laundering and sanctions, so as to protect and enhance the reputation of the Bank with its regulators and avoid significant financial loss or reputational damage; and

3. Handle the suspicious or unusual customer activities escalated by the AML TS & CS Units in Chennai or reported by staff in-country.

4. To help promote, lead and manage, throughout the Business, the culture and practice of FCC risk management within the letter and spirit o local laws and Laws of Lead regulators. This also includes local Laws and Regulations and in accordance with Group standards.

Key Roles & Responsibilities

Lead the day to day management of FCC transaction surveillance for FCIO . This is broader than AML surveillance and will include Sanction compliance, Reputational Risk.
* Providing assurance around case management system (quality of data, input discipline, sufficient coverage of all FCC activity streams).
* Examining transactions across region linking up pockets of suspicious activity or intelligence to provide a consolidated/coordinated view of an FCR issue.
* Ensure that Cases escalated from Chennai are disposed off by RFCIO team within as less TAT as possible but never beyond set TAT.
* Analysis of accurate FCR metrics data for the countries served, such as Cases, Alerts and SARs and providing this information on a timely basis to the Regional Head - FCIO, MENAP
* Help provide training on transaction surveillance and Customer Surveillance and respond on a timely basis to queries from the stakeholders involved i.e. colleagues in Chennai and the Business;
* Develop technical knowledge of systems to enable review of data mapping etc and work closely with country Business / Compliance teams and Chennai AML technology teams;
* Support Regional Head - FCIO, MENAP in developing controls and procedures relating to transaction surveillance, customer Surveillance and suspicious activity reporting. Support the operation of such controls and procedures and keep the procedural manual up to date;
* Undertake quality assurance role of transaction surveillance & customer screening to identify suspicious activities and assist in preparation of SAR filing where necessary;
* Support Technology initiatives up to and including development of BRDs to support required system enhancements, UAT and system evaluations.
* Ensure significant issues identified are reported and escalated in a timely manner;
* Familiarize with the Bank's businesses, products, procedures, organizational structure and internal money laundering requirements;
* Uphold the Values of the Group at all times;
* Ensure that minimum productivity, TAT and quality targets for the team are achieved.
DIMENSIONS: (Describe budget, staff, major authority levels)
* Principal statutes/regulations affecting the Bank in the countries in ME/Africa that the hub will serve -The list of statues will be available with Regional Head - FCIO, MENAP. SCB's internal policies and procedures on AML, Sanctions and Fraud; and
* No independent budgets,

Requirements

Qualifications & Skills

Educational background - degree / post graduate level. CAMS certification will be highly preferred; and
* Experience in the financial services industry, preferably in relation to AML Surveillance processes in Africa.

In relation to Anti Money Laundering the job holder should:

* Experience of FCC (or departments related to combating Financial Crime) and business activities in general and have access to all business information relevant to his/her role;
* Strong analytical and decision making skills. Strong responsibility and organisation skills. Excellent negotiation and communication skills - written and verbal including presentation skills. Strong learner, intellect and relater. Ability to work independently with minimal supervision and to complete tasks in timely manner. Self-motivated and self-reliant, with the ability to provide practical and effective advice. Inclusive style and good listening skills are required. Being able to accept challenge, listen to the other point of view and adapt your approach accordingly is essential;
* Good judgement. Excellent collaborative and team playing skills. Diplomacy, empathy and a 'can-do attitude'. Politeness, sensitivity and the ability to gently, but professionally stand your ground when needed;
* An inquisitive approach to practices, procedures and specific transactions. Personal authority and integrity, Independence, creativity, resourcefulness, resilience and integrity;
* Sound working knowledge of MS Office suite particularly Word, Excel and PowerPoint;
* Must possess ability to assess risk , excellent interpersonal skills and multi cultural awareness and sensitivity;
* Understanding of the key features of relevant FCR laws and regulations that affect the Group;
* Good knowledge of banking products and support structure, strong written and verbal communication skills; general operational knowledge;
* Minimum 10 years all round banking experience with significant compliance exposure;
* Subject matter knowledge on KYC, AML / AML Certification;
* Team player and Team Management;
* Knowledge of Core Banking system & other transaction & customer related systems, & DETICA AML systems;
* Good judgment. An inquisitive approach to practices and procedures; and
* Ability to determine the appropriate course of action in resolving issues & escalation to appropriate authority.

Diversity & Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

About the Company

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.

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Country Manager salaries in Qatar

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