Job Description
The Regional Head of Retail FCC supports the Regional Head of Segments and Products FCC by providing advisory support and oversight of the Retail client segment, as well as integrating the global FCC framework for the segment in the region.
Key Roles & Responsibilities
Review and implement global AML/ CDD standards, including collaborating with CDD/ FCC stakeholders from other segments, assessing the appropriateness of the standards, providing the appropriate communication and training.
Analyse high risk and complex AML/ CDD issues and provide practical and appropriate advice, including escalating to the appropriate senior levels or forums and recommending methods to proactively manage those risks.
Observe and analyse internal and external information and trends to identify emerging high risk AML/ CDD issues and provide appropriate advice or escalation to manage such risk.
Work closely with Operational Risk and the Internal Audit functions to appropriately advise the Retail Client segment on identified weaknesses, including relevant follow-ups of remediation items, sharing appropriate "lessons learnt" to the business and FCC/ CDD advisors, reviewing and revising the relevant policy standards, and effectively implementing the improvements.
Establish effective and collaborative relationships with the Regional FCC team members, the wider FCC community and the Retail Client Segment stakeholders.
Ensure through engagement with the Retail business management that there is adequate support in the businesses for necessary FCC controls, including people, process, tools, frameworks and systems.
Ensure effective escalation within the Bank and implementation of procedures alignment with regulatory requirements and policies
Support Country Compliance and FCC teams in managing regulatory relationships with FCC issues.
Participate proactively in various information streams to gather appropriate knowledge on industry developments and regulatory developments.
Engage actively with relevant stakeholders - local teams, regulators, risk functions and compliance colleagues to continually value-add to the overall risk management framework.
Integrate Group and Regional practices under direction of Group Head of Retail FCC.
Qualifications & Skills
You should be able to demonstrate the following experience:
Ability to partner with the business to make decisions based on the knowledge and interpretation of current and possible future policies, practices, trends and information of financial crime
Develop and implement financial crime compliance arrangements/frameworks (programs, policies and procedures) for bank and business lines
Deliver effective FCC/Sanctions/AML/ABC training programs to meet the training needs of the business
Advise on how local culture might contribute to financial crime vulnerability
Analyse comprehensive regulatory impact of Sanctions matters on the bank's business and its operations
Analyse regulatory impact of AML/ABC matters on the business and its operations
Advise business on compliance & regulatory matters relating to Sanctions/AML/ABC as well as financial services industry related practices
Evaluate products, services, geographies and customer segments of the bank that might be vulnerable to Sanction/AML/ABC and regulatory risks
Implement and follow up on strong recommendations to address high risk situations (such as dropping a long standing client/product line/country)
Participate in regulatory and supervisory meetings and consultations
Partner with legal counsels for matters regarding individual liability and country
Partner with regulators locally or globally
Closing Dates
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 |
Apply Now - Jobs in UAE - Other Jobs in UAE - Search All Jobs
Company:
Date Posted: February 25, 2015 at 10:39AM
Apply Directly Here
Head, FCC Retail Clients, MENAP - Standard Chartered Bank
No comments:
Post a Comment