Job: Retail Banking
Primary Location: Asia-Indonesia-Jakarta
Schedule: Full-time
Employee Status: Permanent
Posting Date: 10/May/2023, 11:44:24 PM
Unposting Date: Ongoing
Roles and Responsibility
- To be part of the country FCSO (Financial Crime & Surveillance Operations) team performing Name Screening, List Management activities, Transaction Monitoring, and/or activities mentioned in the relevant DOI
Strategy
- 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. Day to day handling of casework and queue management for the Country FCSO team. Maintain an awareness and understanding of the bank’s business strategy and align the financial crime surveillance operations program.
Business
- Perform a role as FCSO Investigator within the country Financial Crime Surveillance Operations team. Perform duties such as Global Name Screening, List Management, CST checks, Media Monitoring, Alert/Risk Event Investigation, Production Order investigation, to the extend applicable to the role of Country FCSO in line with the prevailing DOI 2) Support and guide relevant stakeholders to make decisions based on current and possible future policies, practices, and trends. 3) Develop good working relationships with key stakeholders in the Business Segments. 4) Develop a good working relationship with counterparts in GBS FCSO and attend any Service Delivery Meetings as required. 5) Conduct BCP / DR testing as required. 6) Ensure timely reporting and escalation of significant AML/CFT risk issues to Country Head FCSO and/or Country Head Financial Crime Compliance.7) Coordinate with the relevant operations units to ensure that the relevant lists and database used in screening, transaction monitoring and investigation are up to date and relevant, e.g. Mantas tuning. 8) Ensure the suitability and quality of case data maintained on enterprise case management systems. 9) Support all control checks undertaken by FCSO under the Operational Risk (ORF).
Processes
- Daily management of the Watchlists, including but not limited to; timely additions to the relevant watchlist 2) Day to day processing of Name Screening (NS) cases in line with relevant procedures applicable to the Country FCSO team. 3) Ensure timely initiation of any follow up actions to effectively process alerts in NS with clear narratives. 4) Assist Country Head, 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. 5) Reporting Internal SAR’s for cases escalated through name screening or transaction monitoring processes to Country FCC / CMLCO.
People & Talent
- Promote a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm. 2) Demonstrate exemplary integrity, ethics and values. 3) Develop skills with continuous learning in the Financial Crime Surveillance Operations environment.
Risk Management
- Conduct day to day management of activities undertaken by Country FCSO and to develop and deploy sound analytical and investigative skills to produce balanced judgements in relation to financial crime risk including concise rationale and clear follow on action. 2) Utilize existing data analytic tools, techniques and systems to optimize the quality of casework and ensure efficiency to utilize relevant systems 3) Ensure the suitability and quality of case data maintained in various internal trackers, where applicable. 4) Monitor detection scenarios to ensure they are fit-for-purpose, providing feedback to Country Head FCSO and Head Identify and highlight gaps in existing controls or relevant systems. 6) Apply policies and processes relevant to Country FCSO (NS, AML surveillance, client screening, risk assessment) to manage risks. 7) Gathering and processing risk data related to FCSO processes to meet the Group’s risk reporting requirements
Governance
- Propose control improvements, enhancements and simplifications where appropriate. 2) Collate, analyse and interpret data in reports. 3) Analyse 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.4) Be accountable for identification and escalation of potential risks and issues to Country Head, FCSO and Country Head, FCC. 5) Provide support to Country Head, FCSO in engagement of Second Line of Defense for approval, guidance and challenge for FCSO processes.
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
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
- Regional Head FCSO, ASIA and GBS FCSO
- Country Head of Financial Crime Compliance / CMLCO and FCC
- Country CFCC Advisory & Governance
- Country Business Operations and teams
- Group List Management Team / SPOT and PMM Teams
Other Responsibilities
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
- Deliver advice, guidance and training to the various business teams across the bank as required.
- Provide back up support to FCSO team colleagues as required.
Our Ideal Candidate
- A good educational background
- Previous work experience in a similar role within the banking industry
Role Specific Technical Competencies
- Compliance Policies and Standards
- Surveillance (including Screening and Monitoring)
- Investigations
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
- Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday
- 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.
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