Job Description

Role Responsibilities Take personal responsibility for understanding the risk and compliance requirements of my role. Understand and comply with applicable laws and regulations, the Groups policies, procedures and the Group Code of Conduct. Effectively identify, escalate, mitigate and resolve risk and compliance matters. Contribute to a culture in which all stakeholders feel safe to raise concerns and where risk and compliance matters are addressed and misconduct appropriately dealt with. . Adherence to laws and regulations, internal risk and compliance policies and the Group Code of Conduct by developing and managing a sustainable and scalable regulatory operations capability. . Maintaining end-to-end oversight in CPBB AML and CDD landscape by taking accountability for activities under Regulatory Operations and ensure relevant stakeholders are deliver the agreed processes and standards. o Governance and Process Management: adherence to CDD relevant processes and procedures ensure audit ready at all time. o CDD MIS: Ensure CPBB CDD Ops is meeting KPIs threshold set by Group e.g. 3% for overdue and 5% for blended CST error rate. o Participate in the Implementation of CDD relevant system, including system enhancements. . Timely completion of all mandatory risk and compliance training, including e-learning by the set deadlines. . Proactive identification and reporting of risks and concerns . Mitigation of risks and resolution of issues in a timely manner including developing suitable controls and measuring their effectiveness (Additional targets for managers) . Completion of all mandatory risk and compliance training and related compliance acknowledgements by each member of your team by the set deadlines . Demonstration of adherence to the Group Management Responsibilities policy and fair accountability principles . Prompt and decisive action when any risk and compliance weaknesses become apparent, addressing them in an appropriate timeframe, escalating where necessary, having carefully understood what happened and why. Strategy . Support the implementation of the vision, strategy, direction and leadership for the CPBB CDD team, consistent with the vision and strategy for CPBB and in support of the Group\'s strategic direction and growth aspirations. . CPBB CDD Operations unit is the Middle office for performing due diligence review on the high-risk clients. Business . CPBB, Malaysia Processes . Support to review relevant policies/processes/DOIs in relations to CDD compliance, aligning with relevant regulatory requirements. . Support the implementation of FCC policies and standards to ensure compliance with such policies and standards . Prompt and decisive action when any risk and compliance weaknesses become apparent, addressing them in an appropriate timeframe, escalating where necessary, having carefully understood what happened and why. . On-boarding CDD review . On-going CDD review i.e. PRR & TRR, including CDD remediation exercises. . Handling of CC submissions, including coordinating info between CPBB Business Units and FCC, review and monitor the end-to-end approval. . No adverse complaints and AMLS operational losses. Risk Management . Apply Group and Country CDD policies and processes (AML surveillance, client screening, risk assessment) to manage risks. . Assess risks arising from products / segments / geographies / customers / transactions. . 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. . Undertake enhanced due diligence on new and existing medium/higher risk such as C/D risk rated clients and those associated with high risk industries or countries. . CDD reviews e.g. PRR, DRR/TRR, remediation activities. Responsibilities . Governance . Ensure CDD processes are in line with Group guidelines, Regulatory requirements and Country addendum. . Ensure high risk / sensitive CDD cases are align with Group guidelines. Regulatory & Business Conduct. Display exemplary conduct and live by the . 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. . Support the Malaysia CPBB CDD Ops team to achieve the outcomes set out in the Bank\'s Conduct Principles: Fair Outcomes for Clients Financial Crime Prevention The Right Environment. Key stakeholders . Key Stakeholders Internal Relationships: . Business team e.g. Segment Heads/Cluster Heads/ /BMs/RMs/PMs . Compliance team e.g. CMLCO/FCC/AML/Compliance/Sanction . CPBB COO team e.g. BRM/Branch Ops . Supporting functions e.g. Banking Ops/GBS . Group/Regional Office e.g. CDD Ops Other Responsibilities . . Embed \'Here for Good\' and the Group\'s brand and values in Country and Region. Perform other responsibilities assigned under Group, Region, Country Business or Functional policies and procedures. Qualifications . Training, licenses, memberships and certifications . Graduate professional e.g. Certification in AML/CTF, Regulatory Compliance . Adequate Knowledge on CPBB Our Ideal Candidate Market Knowledge: Substantial experience at the highest level in the banking industry, including demonstrated success in a similar role Risk Analytic: Strong working knowledge and understanding of risk analytics including scorecards, Basel, stress testing and scenario planning. Risk Management and Control: Demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base. Expertise in process design and control Regulatory framework and requirement: awareness and understanding of the regulatory framework in which the firm operates and the regulatory requirements and expectations relevant to the role. Ability to prioritise multiple deliverables with demonstrable organizational, project management and time management skills. Well versed with various principle and other risk types, its implication of individual and business lending and for overall function. Reasonable understanding on accounting principles of IFRS9, especially related to ECL 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 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. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website

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