Job Description

Role Responsibilities

The SME of Product Management is to assist the Head - FCSO Screening Product Management - FircoSoft in ensuring that the Screening system operates in accordance with all legal and regulatory requirements and all Group standards relating to Anti Money Laundering and Sanctions, to protect and enhance the reputation of the Bank with its regulators and avoid significant financial loss or reputational damage.

Business

• Own and maintain Process / Procedures / DOIs of the system configuration set ups for the Transaction Screening solution.
• Contribute to the Transaction Screening product management team in assessing and understanding the risk profiles of products, channels, and customers to provide Transaction Screening solutions.
• Review new business requirements that need to be brought into the scope of Transaction Screening and provide solutions where required. Escalate project risks, issues, and dependencies.
• Manage and run project roll outs including definition of requirements, ensuring robust testing of delivery.
• Liaise and monitor system performance through assurance during BAU.
• Maintain a robust channel of communication with List ownership, Transaction Screening Product Management, Process and risk owners, SPOT & ITO and facilitate a feedback loop to ensure quality and efficiencies of the systems & processes deployed.
• Keep track of industry best practices and be an influencer in bringing about such changes.
• Keep track of emerging regulatory expectations in terms of Transaction Screening and evaluate the present state of infrastructure and processes of the organization against this.
• Develop, deploy, and maintain the OR obligations related to Transaction Screening.
• Coordinate IT initiatives and managing database and systems used by the unit to ensure operational issues are promptly addressed.
• Compliance with all applicable Rules/Regulations of Group Policies.
• Communicates at senior management levels across the Group, and external relationships at senior level e.g., Vendors.

Stakeholders Relations

• Represent the FCSO Screening Product Management team for issues concerning Transaction Screening solution with all the relevant stakeholders.
• Good knowledge to be able to conduct regular meetings with stakeholders and circulating Minutes of meeting.

Processes

• Develop, structured reporting to identify risk issues and recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory. requirements.

Risk Management

• Understand technical aspects of systems relevant to Client Risk Assessments, Transaction Screening, and Case Management.
• Review and assess existing system and control relevant to FCSO to ascertain operational performance and effectiveness.
• Align/Support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
• Ensure that client database and configuration setup used by the screening systems are up to date.
• Apply Group and FCSO policies and procedures (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 and existing processes and take appropriate mitigating measures.
• Inform senior management and relevant stakeholders of any regulatory breaches (or where risk tolerances have been breached) appropriately and ensure that actions are taken quickly to remediate and/or activities are ceased.

Governance

• Prepare and cascade lessons learned from audit findings, assurance activities and specific investigations.

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.
• To achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.

Key Stakeholders

• Screening Product Management
• Group Sanctions Advisory
• Regional and Country FCC / FCSO Heads
• PEP and Sensitive Client Unit and
• Silent Eight
• SPOT
• Technology
• FircoSoft and SWIFT Vendor team.

Leadership and Management

• Help promote, lead, and manage, throughout the Business, the culture and practice of Financial Crime risk management within the letter and spirit of UK Law. This also includes local Laws and Regulations, UK regulations and in accordance with Group Standards.

Stakeholders Relations

• Represent the FCSO Screening Product Management team for issues concerning Screening solution with the relevant stakeholders.

Our Ideal Candidate

Required

• 8-10 years of experience in Operations / Technology (techno-functional)
• Proven experience in Sanctions Compliance, AML / Transaction Screening Surveillance
• Proven track record of managing change and delivery
• Excellent stakeholder management skills
• Strong project management and reporting skills
• Excellent written and spoken communication skills
• Independent worker with strong presence as a team-player
• Professional, highly adept at problem-solving and conflict resolution
• Must demonstrate a "can do" attitude
• Strong MS Office skills (Word/Excel/PowerPoint/Visio)

Preferred

• Prior experience in Fircosoft with deep knowledge on system configurations and algorithms is a primary requirement, additional knowledge with other screening platforms could be an added advantage.
• Prior experience with tuning / rules management.
• Prior experience and knowledge of SWIFT and other payment messaging protocols.

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 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.

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