CDD Governance Manager

Recruiter
Standard Chartered Bank
Location
St. Helier, UK
Salary
Competitive
Posted
14 Sep 2019
Closes
14 Oct 2019
Ref
1242173667
Sector
Accountancy
Contract Type
Permanent
Hours
Full Time
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.


The Role Responsibilities

Strategy
The Governance team is a Unit in CDD that performs the below functions:
  • Read and understand CDD AML policies and procedures
  • Socialise policies, procedure, audit findings and nuggets with various stake holders
  • Organise and anchor trainings on AML CDD processes
  • Come up with innovative ideas on ways to improve learning within CDD ops and the frontline such as CDD without borders and due diligence Thursdays
  • Accountable for implementation and continued compliance with policies, procedures and risk control requirements through application of consistent group practices.
  • Manage projects arising out of changes in regulations/AML Procedures to ensure remedial actions are completed and fulfil regulatory requirements
  • Trains and provides business process and operational expertise and guidance to in-country teams in relation to understanding end to end AML CDD processes and their connectivity to RC AML CDD policy and procedure standards
  • Leads implementation of policies and procedures end to end for the country ensuring consistency with global Group standards and ensures these are, and remain, firmly embedded
  • Partners and actively collaborates with all relevant stakeholders across the AML CDD functional and advisory space to build robust and sustainable operational and execution excellence
  • Taking lead in audit preparations for CDD ops - Peer Reviews, CRAM
  • Tracking and Updating CDD AML Risk and Issues Log
  • Prepare Governance papers.
  • Create and update trackers within the team such as SAR, Exit, dispensation, PEP, HNW, Control frame work, thematic CST, Sanctions, transaction on dormant accounts tracker.
  • Prepare MEDD portfolio with its MEDD reason.
  • Prepare and socialise scorecard tracker
  • Respond to group MI overdue report.
  • handle EMF - Reporting, Monitoring, RCA and rectification.
  • Take the lead on Data clean-up for audit purposes.
  • Handle Letter Management within CDD operations
  • Ensuring that all MEDD clients are tagged to BM/Priority RM.
  • Handle Multiple REL merger within CDD operations
  • Assures AML CDD risk management through testing of AML related CSTs ensures compilation, review and distribution of M.I, reports and escalates exceptions and tracks to closure.
  • As a key stakeholder, reviews and influences country policy dispensation requests
Key Responsibilities
  • Develops and manages a sustainable and scalable CDD operations capability
  • Accountable for implementation and continued compliance with policies, procedures and risk control requirements through application of consistent group practices
  • Directs and executes activity within country CDD operations and maintains oversight end to end over all AML CDD processes and practices
  • Ensures alignment, maintenance and updating of relevant systems as required to achieve required operational and regulatory outcomes
  • Manage projects arising out of changes in regulations/AML Procedures in order to ensure remedial actions are completed and fulfil regulatory requirements
  • Execution of FCC requests - triggers and exit recommendations
Business
  • Jersey Retail Banking
People and Talent
  • Trains and provides business process and operational expertise and guidance to in-country teams in relation to understanding end to end AML CDD processes and their connectivity to RC AML CDD policy and procedure standards
Processes
  • Leads implementation of policies and procedures end to end for the country ensuring consistency with global Group standards and ensures these are, and remain, firmly embedded
Risk Management
  • Assures AML CDD risk management through testing of AML related CSTs ensures compilation, review and distribution of M.I, reports and escalates exceptions and tracks to closure
  • Partners and actively collaborates with all relevant stakeholders across the AML CDD functional and advisory space to build robust and sustainable operational and execution excellence
  • As a key stakeholder, reviews and influences country policy dispensation requests
  • Taking lead in audit preparations for CDD ops - FCCA, Peer Reviews, CRAM
  • Tracking and Updating CDD AML Risk and Issues Log
  • Execution responsibility for identifying, assessing, monitoring, controlling and mitigating financial crime risk, sanctions risk and reputational risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
Governance
  • Ensure that you are always fully aware of the Banks CDD procedures and adhere to them .
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.
  • Lead the [Jersey Retail Team to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
  • Retail Relationship / Team Leaders
  • CDD Operations
  • Compliance/ FCC
  • CEPG Head Retail Head
  • Operational Risk
Other Responsibilities
  • Embed Here for good and Group's brand and values in Jersey Retail
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate
  • Banking experience
  • Risk background & governance experience
  • Managing projects experience
  • Exceptional stakeholder relationship experience
  • Team Leader experience
  • CDD Experience in the industry
  • Working towards ACAMS

Apply now to join the Bank for those with big career ambitions.

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