Senior Specialist, Financial Crime Surveillance Operations

Job Description

  • Job Title Senior Specialist


Senior Specialist, Financial Crime Surveillance Operations-(2200019669)



Primary Location




Employee Status


Posting Date

:20/Sep/2022, 2:29:43 AM

Unposting Date

:Ongoing Role Responsibilities


  • Review level 2 AML alerts in line with the Trade AML procedure document and Red Flag document.
  • To escalate any positive alerts to country FCC for their review and decision.
  • To ensure implementation of Trade AML policies in line with the procedures in vogue
  • To work with stakeholders on AML related issues.
  • To continuously provide input to stakeholders on improving the overall AML process - including system related.
  • Key Responsibilities

  • Review pre and post transaction alerts from an AML perspective via Trade AML.
  • Ensure that appropriate systems, procedures and controls are in place in line with the existing policies and are operating efficiently for Trade.
  • Ensure timely submissions of monthly MIS with respect to Trade AML alerts and reports to country / FCC.
  • Ensure timely review and escalation of alerts via Trade AML System to country FCC / RFCIO.
  • Coordinating Trade AML rollout across all markets in line with the group implementation plan.
  • Coordinate IT initiatives / issues with respect to Trade AML system in use by Operations / AML Advisors.
  • Coordinate BCP / DR testing in addition to taking appropriate measure for managing a crisis situation.
  • Build skill and talent by undertaking local / international certifications relating to AML.
  • Initiate and drive operational excellence activities.
  • Secure ‘Acceptable’ audit ratings for the unit and ensure timely resolution of audit and AML risk related issues.
  • Ensure the team complies with the organization ILDP program.
  • Provide inputs to the training team on AML as required.
  • Conduct regular connects with the Operations’ team in Trade, to share cases and new learning, if any.
  • Ensure low levels of attrition in the AML team.
  • Conduct regular skip levels with the staff in the team to ensure employee morale is high.
  • To keep the team updated on important aspects of AML policies and procedures from time to time so that the entire team is up the speed with the current policies.
  • Risk Management

  • Analyse significant financial crime risk events (e.g. non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally across all relevant jurisdictions.
  • Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.
  • Governance

  • In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management are informed and that actions are taken quickly to remediate and / or activities are ceased.
  • Support all control checks undertaken by FCC under the Operational Risk Framework (ORF).
  • People and Talent

  • Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
  • Project / Change Management

  • Review new business requirements and provide solutions where required.
  • Key Stakeholders

  • FCC / RFCIO.
  • Head of Trade Services and their management team.
  • Key Measurables

  • Timely reporting and escalation of significant AML related issues.
  • Satisfactory regulator examinations and audits - effective control and monitoring of suspicious transactions.
  • Successful system implementation (minimal or no operational risk issues).
  • Compliance with Trade AML Policies and Procedures.
  • Other Responsibilities

  • Embed Here for good and Group’s brand and values in FCSU.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
  • Interpretation of and consultations on AML related requirements.
  • System implementation and enhancement.
  • Audit and reviews.
  • Regulatory and 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 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.
  • Our Ideal Candidate

  • Professional with a combination of Trade and AML knowledge.
  • Effective collaborative skills that contribute to positive working relationships with counterparts across various stakeholders.
  • Understanding of relevant Group, Trade AML policies and standards.
  • Strong written and verbal communication skills.
  • An inquisitive approach to practices and procedures.
  • Personal authority and integrity.
  • Independence, resilience and good judgement.
  • 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, 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

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