Job Summary

Primary role is to carry out Name Screening and Transaction Monitoring activity. With added responsibility to carry out the CFCC responsibilities, like horizon scanning, reviewing of regulations, preparing meeting packs, etc. Good analytical skills required, with an eye for detail. Understanding loan products and the typologies applicable to loan products from transaction monitoring perspective. Understanding and knowledge of the RBI regulations pertaining to KYC, NBFC, etc.

Key Responsibilities

• Supporting Chief Compliance Officer, SC Capital in managing the CFCC function in SC CAPITAL
• Responsible for delivery of the SC Group Financial Crime Risk Framework in SC CAPITAL. Financial crime risk for the purpose of this role covers: anti-money laundering, countering terrorist financing, countering weapons proliferation financing, compliance with financial sanctions and asset freezes; and anti-bribery.
• Responsible for the execution of the various Group CFCC frameworks within SC CAPITAL which are designed to ensure compliance with applicable regulations, internal policies, standards and codes so SC CAPITAL operates within the letter and spirit of the law and in so doing protect the reputation of SC CAPITAL with its regulators and balance the needs of other stakeholders.
• Responsible for providing a single interface for the function's stakeholders (including those in the businesses) for all FCC issues and risks in SC CAPITAL.

Strategy

• Drive and implement the vision, strategy and direction set by Country Head of Compliance and align it with the broader strategic agenda of the Group and India business. 

Business

• Standard Chartered Capital Limited, is into lending to retail, wealth and corporate segment, hence understanding of the loan products and the various scenarios while investigating the cases and carrying out other responsibilities.

​​​​​​​Processes

• Financial Crime & Compliance - Anti-Money Laundering and Terrorist Financing, Sanctions, Fraud (Internal & External), Record Management, Privacy & Secrecy, Data Quality and Conduct, Non-Financial Regulatory Reporting 

People & Talent 

• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from SC CAPITAL CFCC team and work in collaboration with risk and control partners. 

Risk Management

• Act as Risk and Process Owner under the Group's Risk Management Framework for Regulatory and Financial Compliance Processes.
• Identify and assess sources of regulatory risks and ensure that systems and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels. Report on material regulatory, CFCC risks.
• Maintain oversight of risk mitigating action plans.
• Inform Chief Compliance Officer, SC CAPITAL and senior management of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
• Anticipate horizon risks in the area of CFCC that may have a significant impact on the Group and develop effective strategies to mitigate such horizon risks.
• Advise Chief Compliance Officer, SC CAPITAL on material CFCC issues (as required) and to ensure appropriate steps are taken to manage and/or mitigate the issue.

Governance 

• Provide oversight of the CFCC function in SC CAPITAL including the various Group CFCC frameworks and programmes within SC CAPITAL.
• Ensure lessons learned from audit findings, CFCC assurance activities and specific investigations are prepared and cascaded to relevant stakeholders.
• Provide timely, relevant and accurate management information to SC CAPITAL Risk Committee/ SC CAPITAL Board, Chief Compliance Officer, SC CAPITAL and MD/CEO, SC CAPITAL on key regulatory risks and control effectiveness.
• Support the product programme and country addendum framework in SC CAPITAL.

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 by example 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.

Key stakeholders

• SC Capital, CFCC team
• India FCC and CFCC team
• MD/CEO, CFO, COO, CRO – SC CAPITAL,
• Heads of Process and Governance, Operations, Finance, Credit & Collections in SC CAPITAL.
• GlA

Other Responsibilities

• Embed Here for good and Group’s brand and values in Standard Chartered Capital; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; 

Skills and Experience

• Compliance Policies and Standards     
• Compliance Advisory    
• Compliance Review and FCC Assurance    
• Surveillance (including screening & monitoring)    
• Investigations    
• Compliance Risk Assessment    
• Regulatory Liaison    
• Risk Management and Internal Controls    
• Manage Change    
• Manage Conduct   
• Manage Projects    

Qualifications

• 5-6 years of experience preferably in Name Screening, Transaction Monitoring and Compliance Function of NBFC or Financial Sector
• Graduate/Post-Graduate, 
• Additional Professional qualification like CA, CS, LLB preferred. 

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.