Specialist, FCSO TM Case Investigations SG - Singapore - STANDARD CHARTERED BANK (SINGAPORE) LIMITED

Description

Roles & Responsibilities

Job Summary

Investigations
To investigate risk events / cases:

· Escalated by Financial Crime Surveillance Operations - AA teams (arising from Transaction Monitoring, Trade AML &/or Name Screening);

· Other escalations as per procedures / DOI; and

· Any other matter as deemed required for further review by Team Leads / Country Head of FCSO for identifying suspicious transactions / activities, in compliance with Group policy and procedures, laws and regulations in Singapore on AML/CFT.

To support operations in relation to COSMIC - Collaborative Sharing of Money Laundering / Terrorist Financing Information and Cases including but not limited to:

· Managing and tracking of cases received via COSMIC

· Identifying and qualifying of cases to be shared via COSMIC

· Managing and responding to Requests received from participating financial institutions of COSMIC

· Maintenance of Management Information in relations to COSMIC cases

· Management of department mailbox specific for COSMIC

· Participation in future enchantments / UATs as part of COSMIC development.

To support Singapore Country Head of FCSO as part of the Singapore Financial Crime Surveillance Operations (FCSO) Team, including but not limited to

· Providing guidance and training to Case Investigation Specialists and relevant value chain stakeholders (e.g. FCSO-AA, FCSO-QCO, and FCSO-RFI);

· Monitoring relevant metrics and lead requisite actions to intervene, where required;

· Establishing and maintaining effective working relationship with relevant stakeholders including but not limited to Business Units, FCC and like;

· Securing credible audit / review outcome for the unit;

· Ensuring timely reporting and escalation of significant risk issues to management; and

· Supporting initiatives to enhance relevant work processes for both effectiveness and efficiency purpose

Key Responsibilities

Strategy

· Input to Country operating model design of relevant FC Framework and business processes.

· Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Country for necessary Surveillance Operations.

· Implement the vision, strategy, and direction for the Country FC, consistent with the vision and strategy for FCSO and in support of the Group's strategic direction and growth aspirations

Business

· Analyse comprehensive impact of financial crime related regulatory /law enforcement matters on the relevant business area and operations.

· Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.

Processes

· Ensure the ACT Investigations functions is executed in accordance with Group and Country standards as defined by Group and Country RFO.

· Act as Process Owner for FCSO-owned (sub-) processes under the Group's Risk Management Framework, including implementation and roll-out of relevant processes and DOIs.

· Providing governance and oversight over the implementation of FCSO Controls -related policies and procedures in Country to ensure compliance with such policies and procedures.

People & Talent

· Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.

· Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.

· Collaborate with training teams to input to training curriculum to support closing of capability gaps

Risk Management

· Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management

· Assess risks arising from products / segments / geographies / customers / transactions.

· Ensure that significant investigations are concluded internally and externally where relevant (including cross-border).

· Support senior oversight of FCSO SG

Governance

· Support all control checks undertaken by FCSO under the Operational Risk Framework (ORF).

Key stakeholders

· Regulators

· Local Financial Intelligence Unit and Law Enforcement Agencies

· Country CEO

· Country CTOO

· Country Operations

· Country FCC

· CFCC

· Country Audit

· Country Legal

· Regional and Group FCC

· Regional and Group FCSO

· Peers in other banks / industry

Other Responsibilities

· Embed Here for good and Group's brand and values in Singapore FCSO, Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

Our Ideal Candidate

· Professional Degree from a recognized University

· 2+ years of experience in Compliance professional with specific focus on FCC (AML/CFT, Sanctions and ABC), particularly in case investigation.

· Professional certification such as ACAMS and ICA Diploma is preferred but not a must

· Be well-verse in the understanding of the MAS Notice 626, and other like guidance / circulars.

· Regulatory engagement with local regulators.

· Familiarity with COSMIC - Collaborative Sharing of Money Laundering / Terrorist Financing Information is preferred

· Good judgment enabling the provision of sound advice in difficult areas of regulation and practice and the proactive management of compliance and regulatory risk.

· Must possess excellent interpersonal skills and multi-cultural awareness and sensitivity.

· Sound judgement on business practices, regulatory relationship management and reputational risk.

· Be able to operate independently and demonstrate robustness in ethics and resilience.

· Exceptional written and oral communication skills

· Native fluency or a high level of proficiency in both written and spoken Chinese language/ Mandarin for business documentation support in Greater China North Asia

Role Specific Technical Competencies

· Compliance Policies and Standards

· Compliance Advisory

· Surveillance (including Screening and Monitoring)

· Investigations

· Compliance Risk Assessment

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

Tell employers what skills you have

Multicultural Sensitivity/Awareness
Oral Communication Skills
Risk Assessment
regulatory compliance risk
Interpersonal Skills
Enforcement
Group Policy
Risk Management
Professional Scepticism and Judgement
Strategy
Surveillance
Business Resilience
Compliance
Investigations
policies & procedures
Banking
AML
Operational Risk
Case Management
Oral & Written Communication Skills