Analyst, FCC Investigations

RESPONSIBILITIES

Strategy

• Input to Country/Client Business operating model design of relevant FCC and business processes.
• Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Country/Department for necessary FCC controls
• Implement the vision, strategy, direction and leadership for the Country/Department, consistent with the vision and strategy for FCC and in support of the Group’s strategic direction and growth aspirations

Business

• Responsible in analysing alerts generated by transaction monitoring system as well as other non-automated cases with financial crime or money laundering concern 
• Ensure suspicious transactions are thoroughly investigated and Suspicious Activity Reports (SARs) are filed with accurate information in a timely manner
• Ensure the suitability and quality of case data maintained on enterprise case management systems
• Propose control improvements, enhancements and simplifications where appropriate
• Participate in ad-hoc activities such as monitoring of SFC unlicensed entities, system enhancement testing etc.
• Provide advice on AML matters when required and maintain sound working relationship with stakeholders and peers

Processes

• Keep up to date of appropriate policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements
• Work with relevant stakeholders on compliance with Group standards relating to AML/Sanctions/ABC

People & Talent

• Ensure participation on appropriate FCC awareness & training (i.e. SAR and financial crime trends, AML investigation outcomes, lessons learnt) within country
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank 

Risk Management

• Ensure the suitability and quality of case data maintained on enterprise case management systems
• Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management
• 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

Governance

• Support all control checks undertaken by FCC under the Operational Risk Framework (ORF)
• Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees

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
• Works with HKMA (AML/CFT examination), Joint Financial Intelligence Unit (SAR filing) and Local Law Enforcement Agencies (Crime Investigation)
   

Key Stakeholders

• Business or Unit heads and managers (for risk management and compliance initiatives)
• Regional and Group FCC colleagues/project teams (system implementation and enhancement)
• Internal/External Audit and Country Operation Risk (for audit and reviews)
• Legal and compliance (for interpretation and consultation on legal and regulatory requirements)
• Regulators and Law Enforcement Agencies (for AML/CTF examinations, SAR filing and crime investigation)

Other Responsibilities

• Embed Here for good and Group’s brand and values in HK FCC
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualification

• A recognised university degree or professional qualification in Law / Finance / Accounting / Business or related disciplines
• Minimum 1 year (for Analyst role), 3 years and above (for Associate/Team Lead role) of AML / transaction monitoring experience
• Familiar with local regulatory requirements
• A sound understanding of suitability considerations, and demonstrate them when reviewing alerts or investigating incidents
• Good analytical, reporting writing and methodical skills
• Excellent team player with strong written and oral communications
• Exercise judgment when to escalate or how to investigate a case, as well as the severity of any exception

Role Specific Technical Competencies

• Compliance Policies and Standards
• Compliance Advisory
• Compliance Review and FCC Assurance
• Surveillance (including Screening and Monitoring)
• Investigations
• Compliance Risk Assessment
• Regulatory Liaison
• Manage Change
• Manage Projects