Specialist, FCC Surveillance & Monitoring-2200007232

Specialist, FCC Surveillance & Monitoring - (2200007232)Job: Compliance Primary Location: Africa & Middle East-Pakistan-KarachiSchedule: Full-time Employee Status: Permanent Posting Date: 20/Apr/2022, 5:15:48 AM Unposting Date: 20/May/2022, 10:59:00 PMRole ResponsibilitiesBusiness • 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 • To upload AML alerts into the workflow system in vogue as per the applicable procedures, service standards and operational instructions. • To Check & Review investigation of Red Flag / alerts by Level-1. • Processing as per the Trade AML Procedure / Departmental Operating Instructions manual and within the timeliness and accuracy standards specified. • Ensure that appropriate systems, procedures and controls are followed in reviewing and uploading the alerts into workflow system • Ensure timely submissions of monthly MIS with respect to AML alerts • Provide support for IT initiatives/ issues with respect to workflow system in vogue. • Comply with Group Money Laundering Prevention Policy and Procedures to the extent applicable and reporting all suspicious Transactions as per laid down process. • Compliance with all applicable Rules/ Regulations and Company and Group Policies • Provide support BCP / DR testing • Help the trade AML team in securing ‘Acceptable’ audit ratings for the unit. • Preparation and sharing of MIS and correspondence with various stakeholders for obtaining data.Risk Management • Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management [EDIT IF REQUIRED]. • Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring systems. • Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps. • Establish and maintain watch lists used for customer and transaction screening and various other due diligence and investigative purposes (local/regional internal and external). • Ensure that the relevant lists and database as used by the screening systems are up to date. • Apply Group and CFCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.Governance • Propose control improvements, enhancements and simplifications where appropriate. • Support all control checks undertaken by CFCC under the Operational Risk Framework (ORF)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. • Lead the [Pakistan / Financial Crime Compliance / Trade AML Advisory / Screening & Surveillance Monitoring 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.Key Stakeholders • Specialist/Associates CFCC Governance Policy and Reporting – Discussion of Errors highlighted in QA/Reviews and their rectification • Manager – CFCC Analytics and Intelligence – Sharing of Analytical information/MI. • Associates / Associate Directors – Transaction Monitoring and Surveillance • Head CFCC Governance & Oversights – Special projects/Escalations. • Head Controls – Transaction Monitoring and Surveillance – For approvals & escalations • Head of FCC – For approvals & escalations. • Branch / CIB & CB / IMO / CDD Operations (all other business support functions) – For all client’s related queries • CFCC – Advisory Team – For Client related enquiries

Specialist, FCC Surveillance & Monitoring - (2200007232)Job: Compliance Primary Location: Africa & Middle East-Pakistan-KarachiSchedule: Full-time Employee Status: Permanent Posting Date: 20/Apr/2022, 5:15:48 AM Unposting Date: 20/May/2022, 10:59:00 PMRole ResponsibilitiesBusiness • 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 • To upload AML alerts into the workflow system in vogue as per the applicable procedures, service standards and operational instructions. • To Check & Review investigation of Red Flag / alerts by Level-1. • Processing as per the Trade AML Procedure / Departmental Operating Instructions manual and within the timeliness and accuracy standards specified. • Ensure that appropriate systems, procedures and controls are followed in reviewing and uploading the alerts into workflow system • Ensure timely submissions of monthly MIS with respect to AML alerts • Provide support for IT initiatives/ issues with respect to workflow system in vogue. • Comply with Group Money Laundering Prevention Policy and Procedures to the extent applicable and reporting all suspicious Transactions as per laid down process. • Compliance with all applicable Rules/ Regulations and Company and Group Policies • Provide support BCP / DR testing • Help the trade AML team in securing ‘Acceptable’ audit ratings for the unit. • Preparation and sharing of MIS and correspondence with various stakeholders for obtaining data.Risk Management • Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management [EDIT IF REQUIRED]. • Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring systems. • Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps. • Establish and maintain watch lists used for customer and transaction screening and various other due diligence and investigative purposes (local/regional internal and external). • Ensure that the relevant lists and database as used by the screening systems are up to date. • Apply Group and CFCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.Governance • Propose control improvements, enhancements and simplifications where appropriate. • Support all control checks undertaken by CFCC under the Operational Risk Framework (ORF)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. • Lead the [Pakistan / Financial Crime Compliance / Trade AML Advisory / Screening & Surveillance Monitoring 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.Key Stakeholders • Specialist/Associates CFCC Governance Policy and Reporting – Discussion of Errors highlighted in QA/Reviews and their rectification • Manager – CFCC Analytics and Intelligence – Sharing of Analytical information/MI. • Associates / Associate Directors – Transaction Monitoring and Surveillance • Head CFCC Governance & Oversights – Special projects/Escalations. • Head Controls – Transaction Monitoring and Surveillance – For approvals & escalations • Head of FCC – For approvals & escalations. • Branch / CIB & CB / IMO / CDD Operations (all other business support functions) – For all client’s related queries • CFCC – Advisory Team – For Client related enquiries