Manager, Financial Crime Compliance, Risk Assessment

Job description / Role

Manager, Financial Crime Compliance, Risk Assessment - Africa and Middle East

Manager, Fiancial Crime Compliance (FCC), Risk Assessment, Africa and Middle East (AME) supports the Senior Manager, FCC, Risk Assessment, AME and the Head, FCC, Governance, Policy and Reporting, AME in executing the Group Risk Assessment in Region, and supports Country Heads of FCC and Assessment Units (AUs) in the Group Risk Assessment (GRA)

Key Roles and Responsibilities:

Strategy
* Support the Senior Manager, FCC, Risk Assessment, AME in driving the Journey to Satisfactory ("J2S") strategy for the Bank,
* Assist the Country FCC Heads in meeting the different deliverables on the J2S, specifically on the Global Risk Assessment.

Processes: Second Line of Defence
* Providing governance and oversight over the implementation of FCC-related policies and procedures in the Region and allocated countries to ensure compliance with such policies and procedures.
* Provide guidance to AU assessors and Country Heads of FCC on the end to end FCC GRA process

Risk Management
* Understand technical aspects of systems relevant to FCC GRA (Radar System),
* Provide advice on the application of risk management frameworks (e.g. Operational Risk Framework, GRA).
* Operate and deliver the assessment of FCC risk for the region in accordance with the Standard Chartered Bank (SCB) Global FCC Risk Assessment Methodology
* Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks,
* Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations,
* As part of the FCC GRA, assist countries to assess risks arising from products / segments / geographies / customers / transactions and advise Country Heads of FCC regarding the same,
* Inform senior management and relevant regulators of serious regulatory breaches through necessary internal channels (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased,
* Conduct Country risk assessment as part of GRA or Peer Review,
* Map risks, quantify the potential impact and escalate where necessary,
* Advise relevant stakeholders on outcomes of [Anti-Money Laundering (AML) /Sanctions/Anti-Bribery & Corruption (ABC)] risks identification and assessment methodologies,
* Provide intelligence inputs to support calibration of bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).

Governance
* Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees,
* Design and maintain dashboards and GRA and J2S metrics that allow FCC to dynamically monitor financial crime risk and operational performance for key FCC processes,
* Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the FCC function,
* Prepare presentations or risk dashboards for Leadership Team highlighting key areas of FCC risk,

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 allocated Assessment Units in different countries 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.

Project/Change Management

Key Stakeholders
* Senior FCC Management in Region
* Senior Legal & Compliance Management in Region,
* Regional J2S Project Managers
* Country Heads of FCC,
* FCC Governance and Oversight Managers
* Group Risk Assessment Managers,
* Group Head, Risk Assessment

Other Responsibilities
* Embed Here for good and Group's brand and values in AME Region,
* Perform other responsibilities assigned by the Head of Governance and Oversight under Group, Country, Business or Functional policies and procedures.

Requirements

* The role holder must have prior Financial Crime Compliance experience and familiar with AML, Sanctions and ABC.
* You will have experience in risk assessment or even audit.

You will ideally hold one of the following certifications:
* Certified Anti-Money Laundering Specialist (CAMS) and/or
* Degree or Diploma in Risk Management and/or
* Certification in Risk Management Assurance/Certified Internal Auditor and/or,
* Certified Project Manager
* You will have strong coordination skills and a good attention to detail.
* You will have strong stakeholder management skills and used to effectively managing cross-border relationships.

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.