Senior Manager, FCC, Governance, Policy and Reporting, AME

  • Negotiable
  • Dubai, United Arab Emirates
  • Temporary, Full time
  • Standard Chartered Bank
  • 21 Sep 16

Please view Job Description for details.

As the Senior Manager, FCC, Governance, Policy and Reporting you will have input into the Region/Country/Client Business operating model design of relevant FCC and business processes, to ensure that there is adequate support (people, processes, tools, frameworks, systems) within the Africa and Middle East (AME) Region and Country for necessary FCC controls.
You will be primarily responsible for supporting the vision, strategy, direction and leadership for the Region, consistent with the vision and strategy for FCC and in support of the Group's strategic direction and growth aspirations.

Key Roles and Responsibilities


  • 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.
  • Support resolution of competing requirements between regulations, for example between AML regulations and data privacy / bank secrecy or information security regulations.
  • Providing governance and oversight over the implementation of FCC-related policies and procedures across the region to ensure compliance with such policies and procedures.
  • Ensure the documentation and maintainence of all core documents, including policies / processes / DOIs.
Risk Management:
  • Maintain oversight of risk mitigating action plans.
  • Support the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
  • Provide advice on the application of risk management frameworks (e.g. 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.
  • Inform senior management and relevant regulators 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.
  • Support the implementation AML / Sanctions / ABC risks identification and assessment methodologies.
  • Support the conduct Country risk assessment.
  • Map risks, quantify the potential impact and escalate where necessary.
  • Deliver/ support delivery of delivery of annual Global AML, ABC and Sanctions Risk Assessments.
  • Provide intelligence inputs to support calibration of bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
  • Oversee the review and analysis of the client base to identify and manage high risk clients, or specific country reviews.
  • Attend relevant leadership meetings.
  • Support senior oversight of FCC region/country/function.
  • In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
  • Prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations.
  • Track significant issues arising from FCC metrics, FCC Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
  • Implement quality assurance standards and workflows for the FCC Assurance function.
  • Periodic reporting and timely escalation of significant risks and issues arising from FCC Monitoring and Assurance activities.
  • Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
  • Co-ordinate/support the management of audits/exams.
  • Define metrics and/or key risk indicators (KRI) especially for AML, Sanctions and ABC.
  • Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees.
  • 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.
Project/Change Management:
  • Lead or influence significant programmes of work in support of the financial crime compliance objectives.
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.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
  • Head, FCC, Africa
  • Head, FCC, Middle East
  • Country Heads, FCC
  • Country FCRMP Managers
  • Country CEOs
Other Responsibilities
  • Embed Here for good and Group's brand and values in [country / business unit / team]
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualifications and Skills

Core competencies within this role are as follows:
  • The role holder will have advanced skills in Compliance Policies, Standards, Advisory and Risk Assessment.
  • Demonstrable working understanding of Compliance Review, Surveillance and Investigations, Regulatory Liaison and Change Management.
  • Preferably strong Project Management skills.
  • The ability to spot opportunities, solve problems, take the lead with strong initiative shown is key to the role.
  • You will be a strong communicator with the ability to collaborate, build resilience and achieve results.
  • Degree or equivalent education preferred.
  • Arabic Speaker preferred, advanced English language skills essential.

How To Apply

You can search and view current opportunities across our organisation and apply immediately by visiting and selecting Careers. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.

Closing Dates

The closing date for applications is 02/10/2016. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.