Analyst, FCSO

Job Description

* Role Responsibilities Processes
• Day to day processing of List Management (LM), Production Orders (RO), Transaction Monitoring (TM), Transaction Screening (TS) and Name Screening (NS) 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 Regional Cluster Head of 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 Regional Cluster Head of 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.
• Reporting Internal SAR s for cases escalated through FCSO screening or transaction monitoring processes to Country FCC / CMLCO.
• Ensure names are added to the watch lists on a timely basis.
• Share high profile cases with Regional Cluster Head of FCSO to develop typologies and other materials to improve controls.
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.
• Be accountable for identification and escalation of potential risks and issues to Regional Cluster Head of FCSO.
• Provide support to the Regional Cluster Head of FCSO in engagement of Second Line of Defense for approval, guidance and challenge for FCSO processes.
Risk Management
• Monitor detection scenarios to ensure they are fit-for-purpose, providing feedback to Regional Cluster Head FCSO where false positives or immediate emerging risks are identified.
• Securing credible audit / review outcome for the unit.
• Identify and highlight any compliance gaps in existing controls or relevant systems.
• Apply Group and FCC policies and processes (TM, NS, AML surveillance, client screening, risk assessment) to manage risks.
• As directed by the Regional Cluster Head of FCSO, manage interaction / communication / meetings with stakeholders and other departments as and when needed in order to mitigate risks.
• Gathering and processing risk data related to FCSO processes to meet the Group s risk reporting requirements.
• Utilize existing data analytic tools, techniques and systems to optimize the quality of casework and ensure efficiency to include systems such as iCDD, eOPS, Accuity, Mantas, ECM etc.
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.
• Collaborate within the FCSO team 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.
People and Talent
• Promote a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Demonstrate exemplary integrity, ethics and values.
• Develop skills with continuous learning in the Financial Crime Surveillance Operations environment.
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 an awareness and understanding of the bank s business strategy and align the financial crime surveillance operations program.
• Support and guide relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
• Develop good working relationships with key stakeholders in the Business Segments.
• Develop a good working relationship with counterparts in GBS FCSO and attend any Service Delivery Meetings as required.
• Conduct BCP / DR testing as required.
• Ensure timely reporting and escalation of significant AML/CFT risk issues to Regional Cluster Head FCSO/Regional Head FCSO and/or Country Head Financial Crime Compliance.
• Ensure the suitability and quality of case data maintained on enterprise case management systems.
Other Responsibilities
• Embed Here for good and the Group s brand and values in the team.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
• Providing guidance and training to relevant value chain stakeholders (e.g. Country FCSO, New Joiners) when and as needed as directed by Regional Cluster Head of FCSO.
• Provide back up support to Country FCSO team colleagues as required.
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.
• Support the Zimbabwe Country FCSO] to achieve the outcomes set out in the Bank s Conduct Principles : [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association
Key Stakeholders
• Country FCC and Compliance teams
• Sanctions teams
• Direct manager and countersigning manager
• Regional Head of FCSO, AME
• GBS FCSO
• Country Business Operations and teams
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Keyskills :
board of directorskeeping things simplehuman skillslife insurancedata analyticsservice delivery