Associate, FCC Controls

About the Role

Ensure timely submission of the FIU- Regulatory reports – STR, CTR, NTR, CBWTR, CCR.

Perform control execution related to FCC processes.

Support post AML actions activities including updating names in the internal watchlist, updating various action dates in ECM and ECM case closures.

Implement various regulatory changes related to FIU reporting.

Key Responsibilities

• Timely submission of the regulatory reports.
• Timely submission of control checks.

Processes

FCC People & Talent

• Provide leadership, management, and coaching to direct reports to ensure they are highly engaged and performing to their potential.
• Promote and embed a culture of openness, trust, and risk awareness, where ethical, legal, regulatory, and policy compliant conduct is the norm.
• Stimulate an environment where forward planning, prioritization, deadline management, and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
• Ensure staff have clearly articulated and well-understood roles and responsibilities through meaningful and accurate job descriptions.

Risk Management

• Understand technical aspects of systems relevant to AML Monitoring and transaction monitoring.
• Review and assess existing systems and controls relevant to FCC to ascertain operational performance and effectiveness.
• Align/support the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
• Apply Group and FCC policies and processes (AML Monitoring) to manage risks.

Governance

• Attend relevant team meetings.
• Ensure tracking and remediation of investigations related to regulatory findings.
• Prepare and cascade lessons learned from audit findings, FCC assurance activities, and specific investigations.

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.

Key Stakeholders

• FCC Country and Regional Team

Qualifications

• ACAMS certification or Certification in KYC/AML will be preferred.

Requirements & Tech Stack

• Knowledge of the KYC/AML regulation.
• Excel.