Regional Bank Secrecy Act / Anti-Money Laundering Officer

Standard Chartered Bank - UAE

UAE

Ref: HP048-722

Job description / Role

Employment: Full Time

Regional Bank Secrecy Act / Anti-Money Laundering Officer (US Law Compliance Program)

To support management in the governance, oversight and management of US Law Compliance Program and "Identify - Communicate - Escalate" (ICE) protocols. To ensure that US Financial Crime Compliance operates in accordance with all legal and regulatory requirements, and all Group 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.

Key Roles and Responsibilities

RESPONSIBILITIES:
* Implementation and management of Bank Secrecy Act (BSA) / Anti-Money Laudering (AML) ICE protocols and standards including perform research and reviews on all items escalated through ICE for respective region.
* Embed and ensure staff compliance with the ICE protocols by creating a culture and awareness to escalate items of concern or potential risks.
* Serve as Standard Chartered (SCB) United States (US) Financial Crime Compliance (FCC) Liaison supporting various initiatives including initiatives Risk Assessment, Business Restrictions, Heightening Monitoring, On-boarding and Request for Information escalation and other initiatives.
* Support Oversight of GSSC on behalf of SCB US.
* Operate within FCC operational processes in respective region and escalate issues as necessary.
* Escalate relevant regional Audit, FCC Monitoring, and 1st line issues to SCB US FCC.
* Facilitate regional examination requests (as required) on behalf of US FCC.
* Act as the in-regional FCC central point of contact for the US FCC team and Group stakeholders.
* Develop, track and follow-up on issues, action plans and escalation reports stemming from identified risks in the respective regions which may impact SCB ability to comply with regulations.
* Develop and maintain ICE metrics.

Support the US FCC Governance Manager in:
* Day-to-day management of the US Law Compliance Program (USLCP) and associated Protocols.
* Relationship management on Internal and External Exam Management impacting FCC.
* Recommendations to enhance ICE protocols and/or strengthen control environments.
* Creation and presentation of executive reports defining compliance and risk management actions as a result of escalated items.
* Creation of Management Information reports and metrics
* Overseeing and conducting special projects and other duties as assigned.

Requirements

* Bachelor's degree CAMS certification preferred.
* Minimum of five to seven years of direct work experience in BSA / AML & Sanctions in a banking or financial services environment.
* Knowledge of money laundering compliance requirements across various banking products.
* Broad understanding of the financial services sector and financial products/services.
* Strong executive communication and writing skills.
* Excellent demonstrated organizational skills, including time management, record keeping, and self-scheduling.
* Strong relationship management skills.
* Knowledge of project management techniques.
* Proficient in Microsoft application such as Word, Excel and PowerPoint Key Competencies
* Critical thinking and problem solving skills
* Planning and organizing
* Decision-making
* Communication skills
* Team work
* Negotiation
* Conflict management
* Stress tolerance Academic

Closing Dates
The closing date for applications is 15/05/2015. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity and 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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