Associate, Financial Crime Post Investigations & Counter Finance Terrorism Desk
Standard Chartered
Date: 1 week ago
City: Karachi
Contract type: Full time
Job Summary
This position is responsible to analyse comprehensive impact of financial crime related regulatory matters on the relevant business area and its operations.
Key Responsibilities
What we offer
This position is responsible to analyse comprehensive impact of financial crime related regulatory matters on the relevant business area and its operations.
Key Responsibilities
- Providing governance and oversight over the implementation of Financial Crime Compliance related policies and procedures in Country to ensure compliance with such policies and procedures.
- Support relevant stakeholders to make decisions based on current and possible future policies, practices and trends on the interpretation and application of regulatory expectations.
- Execute activities as part of the Financial Crime Post Investigations & Counter Finance Terrorism Desk team (including but not limited to Quality Control Outcome reviews for Act, Quality Assurance reviews, Controls Checks, Health checks)
- Provide advice to relevant stakeholders on compliance with Group standards relating to Financial Crime Compliance related matters.
- Perform NACTA reconciliation on as and when basis.
- Perform Public domain search for identification and reporting of terrorist incidents/ attack to the Head Post Investigations.
- Ensure FMU queries are addressed timely complying with the provision of information.
- Provide advice on the application of risk management frameworks
- Apply Group and Financial Crime Compliance policies and processes (Anti Money Laundering surveillance, client screening, risk assessment) to manage risks.
- Inform senior management of any regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
- Support line manager in conducting Country risk assessment.
- Map risks, quantify the potential impact and escalate where necessary.
- Provide intelligent input (where applicable) to support calibration of bank’s Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
- Understand technical aspects of systems relevant to Customer Due Diligence, Client Risk Assessments, Name and Transaction Screening, Anti Money Laundering Monitoring and Case Management.
- Ensure timely completion of the Post Investigation (follow up) actions related to Transaction Monitoring/Name Screening cases as and when these are assigned.
- Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
What we offer
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