About Standard Chartered
The Sanctions Compliance QCO and Oversight Analyst supports the Sanctions ACT QCO & Oversight Manager to ensure the Regional Sanctions Teams (RST) with ASA, AME, GCNA and Europe, Americas are all consistently adhering to the relevant sections of the RST DOI and the Group Sanctions Policy & Procedures, For the core Sanctions Processes undertaken at the ACT level of the AAA process.
Strategy
- Be a subject matter expert for the core sanctions processes.
- Actively participate in the development of the QCO process within Group Sanctions.
- Supports the QCO manager in building out the QCO DOI and Processes in line with new developments.
- Updates to the RST DOI and changes in control environment.
- Support the QCO Manager in developing the QCO feedback mechanism with the RSTs.
Business
- Proactively assist RSTs and Group Sanctions stakeholders with relevant QCO information.
- Contribute in producing and distributing monthly QCO Dashboards to the relevant stakeholders across Sanctions detailing the QCO work undertaken, the errors and trends located and providing suggestions on how to address any issues.
- Work with stakeholders (Region, Country, and Business) to develop Sanctions QCO Metrics.
- Collaboration required with RST and Country FCC team, Processing Hubs and with Client Segments colleagues in Group where required.
- Support the QCO Manager in preparing and cascading lessons learned from outputs of the QCO process to the RST and Group Sanctions Stakeholders.
Processes
- Undertake specialist reviews to test the validity and appropriateness of decisions, actions, and commentary on a sample of cases within both Transaction and Name screening across the Act level to ensure compliance with all relevant policies, DOIs and best practice.
- Complete the review of samples allocated in a timely manner.
- Supports the QCO manager in sharing best practices with regions/countries to ensure appropriate controls are implemented in a timely manner to address inherent risks.
- Provide inputs to help assist process improvement across all levels of the Sanctions end to end processes.
- As defined by the QCO manager, undertake a sample review of the work undertaken by the QCO team each month to ensure QCO quality and consistency within the team.
People and Talent/ Teamwork
- Take accountability and ownership of the overall team’s performance by leading by example and challenging in the right manner when required.
- Focus on improving the team’s ability to work together through communication, respect and developing team spirit.
- Develop and enhance working relationships with the other teams within Group Sanctions and across FCC, this includes knowledge sharing and points of referral.
- Look to minimize situations within the team where there are single points of failure by being proactive in terms of sharing knowledge and picking up extra work items that my need covering.
Risk Management
- Ensure the QCO findings are of the highest standards, providing correct and accurate findings and feedback to the RST operators.
- Keep updated with changes to group sanctions policy and procedures and the RST DOI and check if the RST are complying with the same w.r.t the alert handling processes.
- Review the QCO outputs at the group, Region and Process levels to locate error trends and potential risks across Act and the end to end Sanctions processes.
- Identify and escalate Sanctions Risk Events (SRE) to QCO Manager to further take up with the GSST, relevant RHoS and/ or relevant stakeholders for any material breaches or potential breaches of sanctions laws, regulation or Group policy and procedures.
- Align/support with the alignment of the relevant systems and controls to industry best practice and close out any compliance gaps.
- Make recommendations to QCO manager on possible risk management response to identified risks and/or findings of concerns from investigations.
- Support the QCO Manager in implementing Sanctions risks identification and assessment methodologies.
Governance
- Support the QCO Manager in hosting the monthly QCO review calls with RHoS and Group Sanctions stakeholders, walk through the QCO dashboard and discuss errors, trends, and potential risks.
- Provide support for Internal and External audits.
- Support the QCO manager in collaborating with RST, group sanctions control team with respect to sanctions governance operations, training, risk assessment and oversight.
- Provide management summary to the exceptions from sanctions Metrics/MI as needed.
- Ensure accurate and relevant updates, reports are provided to applicable sanctions governance and FCC forums.
- Drive the production Ad-hoc MI report as required by the relevant Risk Committees.
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
- Regional Sanctions Teams (AME, ASA, GCNA, Europe and the Americas)
- Country FCCs (Where applicable)
- Sanctions Compliance Programme & Governance Manager
Other Responsibilities
- Leadership Competencies (Spot Opportunities, Solve Problems, Take the Lead, Build Resilience, Collaborate, Communicate, Deliver Sustainably, Achieve Results.
- Relevant experience in Financial Crime Compliance within a financial institution, and preferably strong subject matter expertise in Sanctions compliance / FCC.
- Experience of a broad range of personal and commercial banking services / banking operations and processes.
- Proven communication and influencing skills, with the ability to communicate effectively both verbally and in writing at all levels.
- Ability to collaborate and work dynamically across country, region, business, and group stakeholders.
- Sound working knowledge of MS Office suite particularly Word, Excel, and PowerPoint.
- Exemplary integrity, ethics, independence, and resilience
- Responsibility and perseverance.
- Analytical and problem-solving skills.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
Please do submit your CV here as well >>>>>>>>
https://www.dubai-forever.com/submit-your-cv.html
If your CV is not Applicant Tracking System (ATS)-compliant, then the information from your CV will get messed up when the "ATS software" reads it.
And you will wonder why you never get an INTERVIEW CALL...
Take Action Now!
Order Your Customized ATS-compliant CV!
Take the 1st step to SUCCESS. Click on Your Level of Experience:
✅ Entry Level (0-2 Years Total Work Experience) -->
https://www.dubai-forever.com/entry-level-resume.html
✅ Junior Professional Level (2 - 5 Years Work Experience) -->
https://www.dubai-forever.com/professional-level-cv.html
✅ Mid Level Professionals (5 - 8 Years Work Experience) -->
https://www.dubai-forever.com/mid-level-cv.html
✅ Senior Professional Level (8 - 15 Years Work Experience) -->
https://www.dubai-forever.com/professional-level-resume.html
✅ Executive Level (CEO, CFO, COO, MD, VP, Director, Manager) -->
https://www.dubai-forever.com/executive-level-resume.html
No comments:
Post a Comment