| PURPOSE: |
* To support the Bank's Financial Crime Compliance Americas division (FCC) in ensuring that the business in the US operates in accordance with all legal and regulatory requirements and all Group standards relating to anti-money laundering and counter terrorism financing (AML).
* To manage and conduct investigations that detect and report suspicious activity to governmental authorities and enable the Bank to form sound judgments concerning reputational and other risks and meets expectations of regulators and other compliance stakeholders.
* To support the promotion of the business, culture and practice of FCC within the letter and spirit of US Laws, including local Laws and Regulations, in accordance with Group standards.
Key Roles and Responsibilities
Identifying, researching and reporting suspicious activity. Managing the investigative process from initial detection to disposition. Thoroughly and timely reviewing reports and other investigative leads that potentially identify suspicious activity. Formulating and recommending responses to potentially suspicious findings, reporting such activity to the appropriate regulatory authorities, and supporting FCC in developing the Bank's forward-looking risk-mitigation program.
- Plan, lead and conduct AML investigations for potential suspicious activity, including those generated from detection scenario processes, the service of subpoenas and warrants, negative media reports, as well as other sources.
- Provide leadership, guidance and direction to the FCC Investigation Unit's AML Investigators through close-collaboration and supervision as well as cyclic Case Reviews, with a focus on these areas:
- Support Investigation Group Managers in oversight of AML investigations.
- Coordinate responses and requests pursuant to Section 314 of the USA PATRIOT Act.
- Provide guidance, direction, and assistance to Senior Investigators, Investigators and other team members in determining whether to close cases, escalate findings and/or file a Suspicious Activity Report ("SAR") with the U.S. Treasury's Financial Crimes Enforcement Network.
- Drafting and reviewing SARs.
- Conduct AML investigations with respect to matters presenting heightened complexity, sensitivity and risk.
- Supervise work of other team members to ensure completeness and quality of investigations, and to support quality assurance of investigative documentation.
- Oversee data-entry related to tracking and documenting all investigative steps.
- Assist Investigation Group Managers with administrative responsibilities for direct reports.
- Support the Investigation Unit's internal training program by providing subject-matter expertise to program development, administration and learning delivery.
- Support Investigation Group Managers in the effective engagement of FCC management, internal audit and quality-assurance staff, and regulators, concerning the FCC AML program.
People and Talent
- Lead and develop an effective team through communication, performance management, development plans and reward/recognition practices.
- Promote an environment that supports diversity and reflects SCB core values.
- Identify, assess, monitor, control and mitigate risks to the firm
- Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role
- Deliver 'effective governance'; challenge fellow executives effectively; and work with any local regulators in an open and cooperative manner .
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.
- Lead the Team to achieve the outcomes set out in the Bank's Conduct Principles
- Embed the Group's values and code of conduct to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.
- Local regulator prescribed responsibilities
- Head, FCC Controls, Americas
- Head, FCC Investigations, Americas
- FCC Investigations Team Leads, Americas
- SCB Americas Audit, Operational Risk, L&C and SRP departments
- FCC Department in region and globally
- Embed here for good and Group's brand and values in the Team.
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Qualifications and Skills
- 5 to 7 years of financial services, intelligence or law enforcement. analytic support with demonstrated success and increasing responsibilities
- People and process experience is preferred
- Correspondent Banking experience is a plus
- Minimum of 5 years of Financial Markets and Trade Finance AML experience
- CAM certification required
- Bachelor degree in Economic Crime Investigation, finance, accounting, intelligence or criminal justice from an accredited institution, or equivalent.
- Advanced degree will be viewed positively
How To Apply
You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:
- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role
- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application
It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.
Diversity and Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.
Equal Opportunity Employer
Standard Chartered is an equal opportunity employer. We have a meritocratic culture where each individual employee is valued and respected for who they are as a person and for what they bring to the organisation.