Analyst, Financial Crime Surveillance Operations

Standard Chartered Bank - UAE

United Kingdom

Ref: HP048-1567

Job description / Role

Employment: Full Time

• Support the implementation of the FCSO strategy by escalating appropriate FCC and AML surveillance issues and executing activities in line with guidance documents, Group requirements and regulatory expectations.
• Maintain thorough knowledge of bank products across all segments (i.e. retail, commercial, private, correspondent banking and trade) and the ability to execute end-to-end investigations across all segments.
• Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
• Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to FCC.

• Day to day processing of List Management (LM), Production Orders (RO), Transaction Monitoring (TM), Transaction Screening (TS) and Name Screening (NS) cases in line with AAA procedures and in a timely manner within agreed TAT's whilst maintaining Quality Control/Quality Assurance results in line with Group and local expectations.
• Support Country Head FCSO/Regional Head FCSO with any complex investigations as required.
• Ensure timely initiation of any follow up actions to effectively process cases in LM, TM, TS, PO and NS with clear narratives.
• Assist the Country Head FCSO to implement investigation and surveillance standards set by regulators and the Group FCC function (via processes defined by Group FCSO GPO's), and Country FCC.
• Reporting Internal SAR's for cases escalated through FCSO screening or transaction monitoring processes to Country FCC / CMLCO.
• Ensure names are added to the watch lists on a timely basis.
• Share high profile cases with Regional Cluster Head of FCSO to develop typologies and other materials to improve controls.

People & Talent
• Promote a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Ensure forward planning, prioritization, deadline management, streamlined workflows and efficient work practices are the norm.
• Individual accountability for Learning and Development Plans and execution.

Risk Management
• Understand technical aspects of systems relevant to List Management, CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management.
• Inform Line Manager / Senior Management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
• Map risks, quantify the potential impact and escalate where necessary.
• Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
• Ensure the suitability and quality of case data maintained on enterprise case management systems.
• Partner with legal counsels for advice on technical matters

• Propose control improvements, enhancements and simplifications where appropriate.
• Support all control checks undertaken by FCSO under the Operational Risk Framework (ORF).
• Collate, analyses and interpret data in reports.
• Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and support in remediation actions within the FCSO function.

Regulatory & Business Conduct
• Display exemplary conduct and live by the
• 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.
• Collaborate within the FCSO team 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.
• Lead the FCSO 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.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association
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Other Responsibilities

• Embed "Here for good" and the Group's brand and values in the team.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
• Providing guidance and training to relevant value chain stakeholders (e.g. Country FCSO, New Joiners) when and as needed as directed by Country Head FCSO.
• Provide back up support to Country FCSO team colleagues as required.

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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