Job Summary
· The role-holder will act as the lead for first line financial crime risk management across the CIB businesses, setting the strategic direction and providing guidance to key stakeholders across CIB to ensure the adoption, embedding and sustainability of the process and control framework with risk and process owners.
· The role-holder will provide and demonstrate effective oversight of the key frameworks including the design and delivery of initiatives and project-based activity to enhance the process and control framework in an efficient and sustainable manner driving a culture of excellence.
· The role-holder will demonstrate strong Subject Matter Expertise (SME) across the broad spectrum of financial crime risks thereby contributing to the early and pro-active identification of risks and foster a collaborative culture to address these.
Strategy
· Provide CIB wide coverage and oversight of financial crime risk across the broad spectrum of risks under the respective component areas to ensure the appropriate and effective embedding of internal frameworks and controls across the CIB businesses.
· Monitor and respond to emerging and horizon financial crime risks and assess and drive the response required to effectively manage these across the CIB businesses.
· Act as a champion for strategic design / change initiatives and the implementation thereof which support financial crime risk management across the CIB businesses and align with the broader Bank goals.
· Collaborate with Risk Framework Owners (RFOs) to translate high-level policies into actionable, risk-based business journey control standards across the CIB businesses, demonstrating the ability to bridge the gap between policy and practical implementation.
· Build a shared understanding of risk-based priorities across the CIB businesses, collaborating closely with both 1LoD and 2LoD stakeholders to drive a unified approach.
Business
· Partner with the business to become a trusted advisor and team player focused on delivering the right risk management outcomes for CIB.
· Co-ordinate, drive and deliver business wide review initiatives and project-based activity focused on specific financial crime risks across the business areas within the overall CIB business.
Processes
· Lead, drive, co-ordinate as appropriate 1LoD/2LoD working groups to drive effective, practical and timely embedding of policy requirements demonstrating strong cross-team collaborative skills.
· Collaborate with key stakeholders to ensure a risk-based approach in the execution of control monitoring and risk management activities.
· Catalogue the controls, key monitoring metrics and linked activities across financial crime risk to demonstrate a holistic and comprehensive oversight of the critical financial crime risks facing CIB businesses.
· Embrace an agile risk management approach to promote both a pro-active approach to risk management and a culture of continuous improvement.
· Enhance the feedback loop between the different lines of defence and external parties to ensure that weaknesses or gaps identified through review activity driving read across activity as appropriate.
Risk Management
· Develop and drive the control coverage and the effectiveness of the overall financial crime risk control environment across CIB.
· Provide SME guidance on financial crime risk matters leveraging professional experience and understanding of industry best practices as appropriate.
· Produce and provide regular, clear, risk focused updates for business management demonstrating delivery against agreed objectives and effective action across the CIB businesses.
· Cultivate financial crime risk insights through data analysis to monitor control outcomes and to promptly detect adverse trends for resolution.
· Plan, develop and lead thematic risk reviews across financial crime risks to proactively identify residual risks and opportunities to enhance controls.
Governance
· Report and escalate on a timely and transparent basis to business management and appropriate governance forums on items including emerging risks, key control deficiencies, review outcomes, and material incidents as applicable and support the implementation of agreed actions.
· Responsibility for promoting and maintaining a strong and effective first line of defence risk culture across the CIB businesses.
Regulatory & Business Conduct
· Support internal 2LoD Assurance Teams and 3LoD GIA and external parties including regulatory authorities on engagements as required.
· 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.
Key stakeholders
· CIBMT
· CIB, COO MT
· CIB, Business Control & Governance Leads
· CIB, CRO
· CIB, Head of CFCC
· CIB, Head of GIA
· External regulatory authorities
Our Ideal Candidate
· 12+ years of financial services experience in financial crime risk
· Bachelors Degree in Finance or any equivalent
· Strong relationship building and management and ability to engage stakeholders at different levels of seniority
· Strong influencing and communication skills - oral, written & presentation
· Demonstrates understanding of and commitment to the Group's core values
· Membership: Professional/Industry Body - Desirable
· Certifications: Professional/Industry Qualifications - Desirable
Role Specific Technical Competencies
· Business Markets
· Data Gathering & Analysis
· Effective Communication
· Anti-Money Laundering
· Sanctions
· Fraud
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
· Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
· Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
· Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
· Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
· Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
· Flexible working options based around home and office locations, with flexible working patterns.
· Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
· A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
· Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
Recruitment Assessments
Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
