Associate, Sanctions Screening Advisory (Act)

Job Summary

Provide governance and oversight over the implementation of Financial Crime Compliance (FCC) related policies and procedures in Pakistan to ensure compliance with such policies and procedures while supporting relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.

Key Responsibilities

• Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications.
• 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. Provide advice to relevant stakeholders on compliance with Group standards relating to Sanctions.
• Manage and/or resolve alerts/cases.
• To Perform Customer Sanctions Review on Rejected Transactions
• To Assist Head FCC in Reviewing of Sanction Risk Assessment Form (SRAF)
  
  

Understand technical aspects of systems relevant to Case management system, Name Screening.

• Establish and maintain watch lists used for customer and transaction screening and various other due diligence and investigative purposes (local internal/external).
• Provide advice on the application of risk management frameworks.
• Apply Group and FCC policies and processes (client screening,Customer Sanctions Review, 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.
• Assess risks arising from products / segments / geographies / customers.
• Identify financial crime risk indicators through various internal/external sources that impact the Bank and its clients.
• Implement Sanctions risks identification and assessment methodologies.
• Advise relevant stakeholders on outcomes of Sanctions risks identification and assessment methodologies.
• Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
• Support all control checks undertaken by FCC under the Operational Risk Framework (ORF).
• Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
• 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.
  
  

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
  
  

What We Offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along 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.