Analyst, FCSO Transaction Monitoring-2400005084

Strategy*

Support and implement the vision, strategy, direction and leadership for the country consistent with the vision and strategy for FCSO and in support of the Group’s strategic direction and growth aspiration.

Business*

• 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.

Processes*

• Day to day processing Transaction Monitoring (TM) 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.
• Escalation of cases through FCSO screening processes to Country FCC / CMLCO.

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, Transaction Monitoring, Name Screenig, Transaction Screening 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 FCSO seniors and 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.

Governance*

• 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.
• Analyze 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 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.