Associate Manager, FCCWatch List Management

Job Description

About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.To us, good performance is about much more than turning a profit. Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.The Role Responsibilities

• Assess and monitor the sanctions screening needs across the Group in line with Group FCR Standards, applicable laws and regulations and international best practices and make appropriate recommendations for the effective use of Group systems implementation strategy. This is achieved by making recommendations for system / module scope and implementation priorities to the Group Head of FCR Systems and Monitoring/ Group AML Program and / or the Group AML Committee.
• Ensure that systems are up to date and operating effectively. This responsibility covers SCSTAR systems and databases such as World Check. Whilst not the product owner for other sanctions and transaction monitoring systems (e.g. SC Star and Intra Net MTS for US / UK Sanctions Filtering,) a close working relationship with the product and business owners is required.
• Facilitate for Sanctions Filtering user groups sub committees of the Group AML Committee to assist with issues such as obtaining consensus over strategy, policy, systems scope and priority.
• Provide advice, support and input to the Group AML Program to ensure that ongoing future implementations of systems and associated procedures are in accordance with the Group FCR Strategy, Standards, Policy, applicable laws and regulations and international best practices.
• Ensure that appropriate internal resources, systems, procedures and controls are in place and are operating effectively.
• Ensure timely reporting and escalation of significant issues to management.
• Manage performance, including budget and staff for the unit under control.
• Provide reports to the Group Head FCR Systems and Monitoring and other senior managers on the status of monitoring systems, key risks and emerging issues.
• Take decisions within delegated authorities. Where appropriate, onward delegation of authority to direct reports.
• Represent the List Management on sanctions monitoring issues through appropriate relationships (where applicable) with relevant Vendors / user Groups. Maintain or coordinate with the relevant operations unit to ensure that the relevant lists and database used in the transaction monitoring, Sanctions secrecy and Detica AOC are up to date and promptly notify the relevant units of the change where appropriate.
• Coordinate IT initiatives and managing database and systems used by the unit to ensure operational issues are promptly addressed.
• Compliance with all applicable Rules/Regulations of Company and Group Policies.
• Review new business requirements of countries that have implemented Detica Alchemist, new business requirements for sanctioned and high-risk names KYC verification at account opening (AOC/CMR/SCSTAR changes).
• Communicates at senior management levels across the Group, particularly in relation to countries supported by the FCR team in Chennai. External relationships at senior level e.g. Vendors,
• To organize, manage, have a oversight of name matching related system testing inclusive of preparation of test scripts, validation of test results and submit a recommendation to implement the change or otherwise
• Establish and maintain effective processes, including training, assurance process, advice and support, to ensure the Sanctions Screening function s policies and standards are effectively implemented across the Group.
• Work with the Head of Products & Systems, Head of C & A SSC, to manage the needs of the FCR team of analysts and support staff in terms of administration (e.g., premises, equipment etc), staffing (e.g. recruitment, talent management, Q12, training) and Group initiatives (e.g. Outserve)
• With the support of Name Screening System Testing Team conduct periodic test of the various Name screening systems and provide assurance to the Group head of Systems & monitoring

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Keyskills :
mis sales management quality ystemtesting talentmanagement seniormanagement newbusiness externalrelationships usergroups customerrelations accountopening testscripts businessrequirements