Head of Financial Crime Compliance, UAE - Standard Chartered Bank

Job Details



Department: Legal & Compliance

Grade: Band 4

Reports To: Head of Legal & Compliance, UAE



Job Description

The Country Head of Financial Crime and Compliance is to ensure that all business activities in the country have appropriate arrangements in place to meet the requirements of the Group's FCC policies and applicable local laws and regulations, and that these arrangements are operating effectively and are in compliant with the Group and Regional standards.



Key Roles & Responsibilities

Overall Responsibilities

Establish measures to identify suspicious activity and report to the relevant authorities locally

* Conduct quality testing for financial crime surveillance and intelligence outputs from company systems (e.g. Detica)

* Provide second line assurance to business and functional management that these capabilities are managed to industry standards

* Provide assurance to local management that AML / CFT / Sanctions risks are managed within the country

* Provide financial crime surveillance and intelligence capabilities to monitor CB and WB customers and staff for unusual activity and to escalate issues that require review or investigation * Monitor developments in external/internal financial crime risks including trends. Develop responses and advise the business on financial crime risks and trends. Identify trends of significant fraud and money laundering through regional metrics

* Conduct financial crime risk assessments to identify country level risks

* Provide investigation capabilities. Assist the Regional FCC investigations team in conducting significant investigations. Conduct investigations in line with the Group standards for investigations in the country / region including case management, data capture and reporting

* Ensure that any additional local requirements for FCC beyond Group standards are identified and that those additional local requirements are implemented

* Implement and manage Speaking Up in country with assistance from Regional Head of FCC. Speaking Up cases received directly in country must be updated in Enterprise Investigation Management (""EIM"")

Leadership and Management

* Lead Anti-Bribery activities in country; form an Anti-Bribery network of business and functional representatives in country

* Develop skilled resources who can contribute to the management of FCC within the Country FCC team

* Ensure there is capacity in line with the Group's objective for the management of financial crime risks by developing and/or continuously reviewing the Bank's procedures and systems to ensure they remain up-to-date and meet current local statutory and regulatory requirements

* Raise the profile of SCB in the country as leading the way in tackling financial crime, for example through regional focus/ benchmarking groups (ACAMS etc.) and representing SCB at country FCC forums

Knowledge Development and Information Management

* Perform gap analysis between the Group Anti-Bribery policy and procedures and Country Requirements (laws and regulations); maintain awareness of the Groups Anti-Bribery program; training on Group Anti-Bribery policy and procedures

* Ensure provision of appropriate FCC awareness & training (i.e. SAR and financial crime trends, AML investigation outcomes, lessons learnt) within country

* Prepare lessons learnt documents (from SARs & AML Investigations) and share with business advisory teams and Regional Head of FCC for cascade to other FCC teams

Stakeholders Relations

* Manage relationships with FCC Operations vendors in the country so that external specialist support is available when required.

* Manage relationships with law enforcement, attending court cases where required

* Coordinate of business to provide a response to local production orders, court orders and request for inform

Job Details

Date Posted:	2015-02-25
Job Location:	Dubai, United Arab Emirates
Job Role:	Other
Company Industry:	Banking

Preferred Candidate

Career Level:

Executive/Director

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Date Posted: February 25, 2015 at 10:39AM

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Head of Financial Crime Compliance, UAE - Standard Chartered Bank