Manager, Financial Crime Compliance Manager, Financial Crime Compliance …

Standard Chartered Bank
à Londres, Angleterre, Royaume-Uni
CDI, Plein-temps
Dernière candidature, 09 août 20
Standard Chartered Bank
à Londres, Angleterre, Royaume-Uni
CDI, Plein-temps
Dernière candidature, 09 août 20
Manager, Financial Crime Compliance
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

The Financial Crime Officer's ("FCO") mission is to assist senior management in identifying, assessing and effectively managing FCC risks, in particular those that relate to money laundering and terrorist financing. The FCC Officer reports into the CCO. Supporting the CCO, the FCO will support the advisory, monitoring, policy, training and regulatory change processes in connection with financial crime. This role will also necessitate significant close liaison with SC Ventures and Standard Chartered Bank's Financial Crime Compliance teams


The digital asset custody venture's FCC team is responsible for safeguarding the business from financial crime and ensuring compliance with financial crime-related regulations and laws. This includes the implementation of measures which counter bribery, fraud, and money laundering activities, and ensuring the correct implementation of sanctions. A developed understanding of these measures and relevant industry best practice is a requirement for this role.

From a regulatory perspective, under the UK Money Laundering Regulations, crypto asset exchanges and custodian wallet providers are required to demonstrate adequate measures to counter money laundering activity and are required to register with the Financial Conduct Authority. Understanding this and other relevant regulatory requirements and guidance is a requirement for this role.

While certain FCC processes are carried out by the First Line (business and operational staff), the digital asset custody FCC Team is accountable for ensuring that regulatory requirements are appropriately identified, implemented and controlled. The FCC Team is also responsible for ensuring appropriate escalation, follow-up and learning from FCC events and regulatory changes. The role-holder is expected to possess the required expertise to facilitate delivery of these responsibilities by the CCO, FCC team and senior management.

The role-holder is required to understand the role and responsibilities of a FCC Team as a whole and how these are discharged by the team, actively contributing to development and improvement in the same, as well as to remain informed of pertinent industry and organisational developments.

  • Developing, maintaining and implementing FCC policies and procedures, in particular those that relate to AML/CTF. Ensuring these are consistent with regulatory requirements and SC policies and standards.
  • Ensuring policies/procedures adequately counter the risk that the business line might be used to further financial crime, supporting the CCO on implementing policy/procedural changes within the business. Call out cases where implementation is challenged, off-track, or likely to lead to non-compliance.
  • Reviewing and handling cases escalated for AML reviews (Name Screening, Transaction Monitoring, Periodic Review CDD cases).
  • Reviewing exception requests raised by the business and provide advisory from an AML perspective (covering ABC, AML, Sanctions & Fraud). Where required, connecting with the respective Risk Framework Owner for advice.
  • Responsible for monitoring and completion of annual AML risk assessment for Board approval
  • Coordinate and supports the preparation of government filings such as Suspicious Activities Reporting.
  • Conduct AML/CTF assessments of products and services to identify and mitigate risks and implement controls.
  • Support critical metrics and build out reporting that will strengthen decision quality through meaningful data, and as required for MI / Board updates.
  • Support internal audits and regulatory requests, ensure satisfactory resolution of any audit findings and recommendations.
  • Provide subject matter expertise and training to colleagues in order to continually educate staff on FCC risks, issues and processes.
  • Work closely with colleagues supporting a strong culture of compliance across the business as a whole, including particular sensitivity to emerging regulatory risk and the changing face of the UK regulatory landscape.

People and Talent
  • Team Management: Uphold and reinforce the independence of the FCC Team

  • Talent Management: Help the FCC Team to identify, attract, employ, engage and retain high performing and high potential individuals as needed for the team and more broadly, including ensuring a high-quality succession pipeline.

  • Leadership: Lead through example and tone and help to build the appropriate culture and values within the team and across the wider organisation, communicating vision and building commitment and energy to focus on key priorities

  • Demonstrate an awareness and understanding of the regulatory framework in which the digital asset custody venture operates, and the regulatory requirements and expectations relevant to the role.

  • Deliver 'effective governance'; capability to challenge colleagues effectively; and willingness to work in an open and cooperative manner with all.

Regulatory & Business Conduct
  • Display exemplary conduct and live by the digital asset custody venture's Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the digital asset custody venture. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Code of Conduct.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Other Responsibilities

  • As delegated by line management from time to time.

Our Ideal Candidate

  • Very strong willingness to learn about new products, markets and business models and regulations pertaining to them.
  • Knowledge of the UK legislative and regulatory framework in relation to financial crime, in particular the Money Laundering Regulations (UK).
  • Strong understanding of regulatory bodies - FCA in particular.
  • Network management skills to take responsibility to lead/run in a multi-dimensional business environment.
  • Extensive AML Compliance experience, ideally in the CIB space.

  • Knowledge and experience in crypto-asset markets and tokenisation.
  • Awareness of global regulatory trends pertaining to crypto assets, especially for US / Europe.

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.