Sanctions Advisor

Job description / Role

Sanctions Advisor - Shape the way we identify financial criminals.

At Standard Chartered, emerging markets are the places we call home. For over 150 years we've been banking the people and businesses contributing to growth in Asia, Africa and the Middle East. With more than 90,000+ employees representing 133 nationalities, everything we do is founded in our brand promise of being Here for good.

Financial crime is the most profitable industry in the world. It's funding terrorist activities and fuelling drug epidemics world-wide, supporting slavery and proliferating weapons of mass destruction. It affects all of us. We are committed to helping the communities we call home overcome the repercussions of financial crime. So they can continue to emerge and grow sustainably. We believe that together we can lead the way in the fight against financial crime. That's our vision.

The Sanctions Advisor for Governance & Controls will assist the Sanctions Governance & Controls Manager for the MENAP region to support the Governance & Controls function in providing advice and supporting the team, Financial Crime Compliance ("FCC") and the Business with respect to general sanctions governance operations; training, risk assessments and oversight of processes and procedures.

Key Roles and Responsibilities

Overall Responsibilities
* Assist the Regional Head of Sanctions - MENAP, and the Senior Sanctions Advisor - Sanctions Compliance Operations in overseeing the regional compliance responsibilities for Sanctions
* Provide sanctions compliance advice and guidance to businesses and functions throughout in a timely, effective and constructive manner on client relationships, transactions, products and all other issues escalated to the Regional FCC Sanctions
* Be updated on current events, regulatory issues and new and changing sanctions regulations, in country, in the UK and the US, and internationally
* Oversee Regional Financial Crime Compliance Sanctions team processes and procedures and support MEANP team in developing controls and procedures relating to advisory or transactional monitoring
* Oversee risk assessments, collect metrics and support reporting requirements to leadership, as needed
* Oversee the List Management process within the MEANAP Financial Crime Compliance Sanctions team, track updates and changes, ensure narrative quality and perform periodic reviews of the list tracker.
* Oversee the performance Quality Assurance on the Regional Financial Crime Compliance Sanctions team.
* Coordinate and report the reporting of key metrics to MENAP leadership on a regular basis
* Support Regional Financial Crime Compliance Sanctions team with routine sanctions transactional reviews, as needed
* Support training and awareness activities and needs for the MENAP region
* Evaluates changes to local policies and procedures (both Business and Financial Crime Compliance Sanctions) to ensure they are consistent with Sanctions requirements and group policies and procedures while reflecting standards of 'best practice'
* Support Regional efforts derived from metrics and trend monitoring, Partner with the relevant groups (Group, Business, Financial Crime Compliance, Global Shared Services Center) to develop appropriate mitigation strategies
* Evaluate and advise on reputational and sanctions risk arising from customers and transactions
* Escalate immediately to Regional Head of Financial Crime Compliance and Global Sanctions Advisor any material breaches or potential breaches of sanctions laws, regulation or Group procedures

Leadership and Management
* Display leadership and teamwork to the operations teams in countries and in regional processing hubs
* Exhibit leadership and teamwork when dealing with business colleagues across the region, who are the internal clients for sanctions-related advice and assistance

Knowledge Development and Information Management
* Develop the expertise of other members of within the Sanctions team and the MENAP Financial Crime Compliance team
* Interact with the business to provide clear understanding of our sanctions program and provides periodic training to improve sanctions knowledge and awareness as it relates to business operations.

Stakeholders Relations
* Establish and develop effective working relationships with Standard Chartered Bank MENAP business contacts and functional contacts in the effort of partnering to improve sanctions compliance.
* Build relationship with regional country offices in order to support in-country transactional activity and business queries, and to provide guidance and oversight of sanctions compliance processes.

Requirements

The successful candidate will have a minimum of 5-10 years solid Sanctions experience.
* You will have delivered effective Financial Crime Compliance / Sanctions training programs to meet the training needs of the business.
* You will have implemented Financial Crime Compliance / sanctions risks identification and assessment and advise business on the findings.
* You will be able to advise the business on compliance and regulatory matters relating to Sanctions as well as financial services industry related practices.
* You will have experience partnering with the business to make decisions based on the knowledge and interpretation of current and possible future policies, practices, trends and information of financial crime.
* It would highly desirable if you had a relevant Financial Crime / Sanctions qualification / certification.

Closing Dates
The closing date for applications is 27/07/2015. 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.