• Associate Director, FCC ASA Sanctions Jobs in Mumbai,India

  • Standard Chartered Bank Ltd
  • Save Job
  • 0 - 3 Years
  • Posted : above 1 month

Job Description:

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 Its 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

Were 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

Business (Responsibilities related to the delivery of business and / or financial objectives)

Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications

Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends

Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to FCC

Processes (Processes for which the role is responsible under the ORF as 1st & 2nd line; for executing / completing, and for supervising)

Providing governance and oversight over the implementation of FCC-related policies and procedures in ASA to ensure compliance with such policies and procedures

Provide advice to relevant stakeholders on compliance with Group standards relating to [Sanctions]

Manage and/or resolve alerts/cases (names, transactions, Customer Sanctions Review)

People and Talent (Responsibilities related to people and talent matters)

Deliver/support [Sanctions] training programs to meet the training needs of the business

Deliver/support [Sanctions] training programs to meet the training needs of FCC

Risk Management (Responsibilities Under Risk Management Framework both execution and supervisory)

Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, and Case Management

Establish and maintain watch lists used for customer and transaction screening and various other due diligence and investigative purposes (local/regional internal and external)

Provide advice on the application of risk management frameworks (eg ORF, GRA)

Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks

Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations

Assess risks arising from products / segments / geographies / customers / transactions

Identify financial crime risk indicators through various internal/external sources that impact SCB and its clients

Implement [Sanctions] risks identification and assessment methodologies

Advise relevant stakeholders on outcomes of [Sanctions] risks identification and assessment methodologies

Conduct a root cause analysis on the control/other failures to ensure lessons are learned across the bank

Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies


Support all control checks undertaken by FCC under the Operational Risk Framework (ORF)

Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework

Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the FCC function

Regulatory & Business conduct (The below is mandatory standard wording, do not remove)

Display exemplary conduct and live by the Groups 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

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters

Other Responsibilities

Embed Here for good and Groups brand and values in ASA

Our Ideal Candidate

Degree in Business Management or similar certifications / Diploma certifications

ACAMS/International Compliance Association certification

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

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Banks/Insurance/Financial Services
Role : Risk/Credit/Economic Analyst
Salary : As per Industry Standards
Deadline : 24th Nov 2019

Key Skills:

Company Profile:


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