Associate, FCC Investigations

About our Conduct, Financial Crime and Compliance Surveillance Monitoring and Investigation Team

Legal risks. Reputational risks. Financial and operational risks. You could use your expertise to help safeguard our business from it all. Join our Conduct, Financial Crime and Compliance Surveillance Monitoring and Investigation team and you’ll be a gatekeeper to the financial system and fight crime. This opens up exciting opportunities to work on complex cases, collaborate on a global scale and be part of major breakthroughs. You’ll have the flexibility, freedom and trust to get the job done. From identifying suspicious activities to understanding compliance policies and global regulations, you’ll do meaningful work that keeps our business and communities safe. 

RESPONSIBILITIES

Strategy

Input to Country/Client Business operating model design of relevant FCC and business processes.

Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Country/Department for necessary FCC controls

Implement the vision, strategy, direction and leadership for the Country/Department, consistent with the vision and strategy for FCC and in support of the Group’s strategic direction and growth aspirations

Business

Responsible in analysing alerts generated by transaction monitoring system as well as other non-automated cases with financial crime or money laundering concern 

Ensure suspicious transactions are thoroughly investigated and Suspicious Activity Reports (SARs) are filed with accurate information in a timely manner

Ensure the suitability and quality of case data maintained on enterprise case management systems

Propose control improvements, enhancements and simplifications where appropriate

Participate in ad-hoc activities such as monitoring of SFC unlicensed entities, system enhancement testing etc.

Provide advice on AML matters when required and maintain sound working relationship with stakeholders and peers

Processes

Keep up to date of appropriate policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements

Work with relevant stakeholders on compliance with Group standards relating to AML/Sanctions/ABC

People & Talent

Ensure participation on appropriate FCC awareness & training (i.e. SAR and financial crime trends, AML investigation outcomes, lessons learnt) within country

Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank 

Risk Management

Ensure the suitability and quality of case data maintained on enterprise case management systems

Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management

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

Governance

Support all control checks undertaken by FCC under the Operational Risk Framework (ORF)

Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees

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

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters

Works with HKMA (AML/CFT examination), Joint Financial Intelligence Unit (SAR filing) and Local Law Enforcement Agencies (Crime Investigation)

Qualifications

A recognised university degree or professional qualification in Law / Finance / Accounting / Business or related disciplines

Minimum 1 year (for Analyst role), 3 years and above (for Associate/Team Lead role) of AML / transaction monitoring experience

Familiar with local regulatory requirements

A sound understanding of suitability considerations, and demonstrate them when reviewing alerts or investigating incidents

Good analytical, reporting writing and methodical skills

Excellent team player with strong written and oral communications

Exercise judgment when to escalate or how to investigate a case, as well as the severity of any exception