• Negotiable
  • Singapore
  • Permanent, Full time
  • Standard Chartered Bank Singapore
  • 13 Aug 17

Associate Director, FCC Name Screening

  • Location: Singapore
  • Salary: Negotiable
  • Job Type: Full time

Please view Job Description for details.

  • To assist management in ensuring that the Business 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.
  • To help promote, lead and manage, throughout the Business, the culture and practice of Financial Crime risk management within the letter and spirit of United Kingdom Law. This also includes local Laws and Regulations, United Kingdom regulations and in accordance with Group standards.
  • To help develop and communicate Name Screening strategy with the appropriate teams from Private and Commercial Bank client segments.

  • Key Roles and Responsibilities

    Support the Group strategic deliverables covering Sanctions and AML for Name Screening and appreciate the external changes that must be incorporated both from a regulatory and market best practice perspective.
    • 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.
    • Develop procedures that clearly articulate the minimum standards that must be adhered too for Screening with an appreciation of country and business deviation.
    • Provide advice to relevant stakeholders on compliance with Group standards relating to AML & Sanctions.
    • First line owner of Screening as a product and the associated rules and tuning.
    Risk Management
    • Understand technical aspects of systems relevant to CDD, Name Screening, and Case Management
    • Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring systems.
    • Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
    • Establish and maintain watch lists used for customer various other due diligence and investigative purposes (local/regional internal and external).
    • Ensure that the relevant lists and database as used by the screening systems are up to date.
    • 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.
    • Assess risks arising from products / segments / geographies / customers / transactions.
    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 Global FCC Controls Name Screening 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.
    Key Stakeholders
    • FCC Controls Management team, FCC Segment and Country/Regional Heads, Business heads which are supported, Project and Change teams, Operational Risk, FCC Technology.
    Other Responsibilities
    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

    Qualifications and Skills

    Leadership Level:
    Spot Opportunities
    Individual Contributor
    Deliver Sustainably
    Individual Contributor
    Achieve Results
    Individual Contributor
    Target Proficiency Level:
    Compliance Policies and Standards
    Surveillance (including Screening and Monitoring)
    Compliance Risk Assessment
    Manage Change