Job Summary

• To help the Group meet its commitment of being "Here for Good" by building a sustainable framework that places CFCC best practice standards, at the forefront of the Group's agenda.
• To provide advisory and oversight to the CIB business in UK and Europe, to manage the Bank’s Financial Crime Compliance program across Payments, Correspondent Banking, Fintech and Crypto assets.
• Lead CFCC review and advisory for new clients and deals including complex structures, Fintechs and Crypto asset Service Provider clients including assessment of FI clients’ FC/AML frameworks.
• As an independent second line risk control function, execute the relevant aspects of the Compliance and Financial Crime Compliance PRTFs through robust independent risk control and the provision of specialist advice and constructive challenge in a manner proportionate to the nature, scale and complexity of the Group's CIB businesses.
• Where assigned, to undertake the role of CFCC Risk Framework Owner (RFO) for assigned risks and processes in line with the role of CFCC RFO under the CFCC Risk Type Framework.
• To maintain constructive and effective stakeholder relationships with relevant business and supporting functions.
• To proactively support and challenge the Group's businesses and supporting functions to exhibit appropriate conduct, comply with regulatory and CFCC requirements and strive to achieve fair outcome for the Group's clients.
• For maintaining independence, delivering timely responses, and timely escalation of risks and issues where the management tolerance of the firm is exceeded.
• For supporting the management of regulatory relationships with all of the Group’s regulators, whose rules the Group is subject to.
• To drive high standards of regulatory compliance and execute key priorities, aligned to the TB and CC performance scorecard.
• To act as delegate to Head, CFCC Advisory CC&TB, UK and Europe, where appointed, and support in initiatives and projects as needed.

Key Responsibilities

• Contribute materially towards the implementation of the vision, strategy, direction and for CIB Client Coverage and Transaction Banking CFCC Advisory teams, consistent with Head, CFCC Advisory, CC and TB UK & Europe’s vision and strategy for the UK and Europe CC and TB CFCC team and the strategy of the CFCC function as a whole, and in support of the Bank’s strategic direction and growth aspirations.
• Continue to improve the Group’s approach towards reducing regulatory and financial crime risks throughout the CIB CC and TB client lifecycle (from on-boarding to off-boarding) in order to protect the reputation of the Group and to avoid significant financial loss.
• Provide consistent support to colleagues with responsibilities for Client Coverage and Transaction Banking (of which all references shall also include products/services such as Cash. Trade, Correspondent Banking, Lending, Mergers & Acquisitions and ESG Advisory), Credit Portfolio Management, GSAM, DCDA including highlighting key areas of pan-geographical focus.
• Provide advisory for CIB’s new and existing clients, providing oversight of financial crime risk management, supporting and enabling effective functioning of the Bank's framework.
• Develop a comprehensive foundational understanding of the business model, products, services and strategy in order to provide substantive oversight and challenge that ensure sustainable CFCC outcomes.
• Support resolution of competing requirements between regulations specific to CC and TB businesses (e.g. between AML regulations and data privacy/bank secrecy or information security regulations).
• Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality advice and guidance to enable the business and functions to meet/ achieve their strategic tactical objectives.
• Provide robust challenge to senior management and all relevant business stakeholders where activities are outside risk tolerance/ appetite, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to address any remedial action needed to come back within risk tolerance/ appetite.
• Provide and communicate timely CFCC related advice, analysis (and challenge when appropriate) in relation to CC and TB including product design through to post sale reviews / assessments, new business initiatives, bespoke projects, remedial activities (including nature, scale and rigour of past business reviews), and transactional advice.

• Contribute towards the training of clients regarding industry best practices for combating financial crime, as well as the Group’s policies and values.
• Support efforts to anticipate horizon risks that may have a significant impact on the Bank and develop effective strategies to mitigate such horizon risks including global standards for conduct of business.
• Support efforts to ensure the effective management of CFCC matters, management of regulatory issues that have a significant impact on the Bank and support relevant stakeholders to respond to regulatory questions.
• In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure appropriate and timely escalation within the Group and that actions are taken quickly to remediate and/or activities are ceased. Ensure proactive and timely identification, assessment, advice and dissemination of evolving regulatory changes/practices and associated risks.
• Collaborate with other CFCC teams to support a programme for conduct, financial crime and compliance monitoring, surveillance and/or assurance for CC and TB.
• Implement and contribute to the management of MI / trackers across all aspects of their coverage and responsibility to ensure all issues and matters relating to CC and TB are tracked, followed, regularly assessed and reported on including oversight of risk acceptance and/or mitigating action plans, identification and management of high-risk clients or specific country reviews relating to CC and TB.
• Play an integral role in the effective management of CFCC Advisory matters, and in collaboration with the rest of the CFCC team, effectively manage regulatory issues that have a significant impact on the Group including but not limited to conflicts of interest, cross –border and onshore/offshore transactional support and control (in partnership with Cross Border (XB) and Conflict of Interest (COI) Compliance teams).
• Assist and work closely with the Group Shared Investigation Services team in relation to investigations concerning CC and TB. 
• Provide robust challenge to and maintain oversight of risk acceptance and/or mitigating action plans relating to CC and TB where CFCC is the RFO.
• Taking a leading role in the proposal of control improvements, enhancements and simplifications relating to CC and TB processes that manage CFCC risk, where appropriate.
• Collaborate with relevant business and CFCC stakeholders to work towards holistic risk management across client segments / products risks.

Skills and Experience

• Business Acumen
• Business Ethics
• CFCC Risk Type Advisory
• CDD/FCC Advisory
• Cross-functional Collaboration
• Managing Change
• Organizational Governance
• Regulatory Environment - Financial Services
• Risk Management
• Data gathering and reporting

Qualifications

• Education - Bachelor's Degree or Equivalent preferred
• Certifications   -  Industry standard qualification such as ACAMS desirable
• Educational background to degree (or equivalent) level;
• Strong knowledge of UK AML/CTF regulations and global best practices;
• Prior experience with advising on AML/CTF and Sanctions risks, regulations and industry best practices, especially as applicable to Financial Institutions and Payment Services Providers;
• Experience with advising on AML risks relating to provision of banking products to Fintech and Crypto asset service providers is desirable;
• Excellent analytical skills
• Good collaboration, resilience, communication skills desirable.

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.