Standard Chartered Bank Nigeria is a leading international bank, with more than a 150-year history in some of the world's most dynamic markets.
We bank the people and companies driving investment, trade and the creation of wealth across Asia, Africa and the Middle East.
With 1,600 branches and offices in 70 countries, we offer exciting and challenging international career opportunities.
Job Title: FCC Manager
Job Description
The Head of Controls manages the core operational
processes executed in FCC, as well as the specialist supporting systems
for surveillance/screening; to help promote and manage throughout
Nigeria the culture and practice of FCC risk management within the
letter and spirit of relevant laws and regulations.
Key Roles and Responsibilities
Provide oversight and management of country roles including
Head, Surveillance and Analytics Responsibilities
* System and tuning oversight for surveillance, screening and Customer Due Diligence ("CDD")
* Apply quantitative techniques to develop intelligence and tune systems to better identify and mitigate risk efficiently
* Build solutions to monitor for financial crime typologies
* Maintain documentation for systems owned in FCC, e.g. rule book
Head, Financial Crime Investigations Responsibilities
* Manage alert/cases/SARs
* Manage escalations from the business
* Manage escalations based on customer screening alerts
* Manage production orders escalated to Financial Crime Compliance ("FCC")
Head, Financial Crime Intelligence Unit Responsibilities
* Oversee media/other research and monitoring
* Maintain country watch lists
* Manage law enforcement outreach and outreach to banks on intelligence
* Support complex Group or cross-jurisdiction investigations
Head, Quality Assurance and Performance Responsibilities
* Undertake quality assurance in relation to all core Financial Crime Compliance ("FCC") processes.
* Support all control checks undertaken by FCC under the Operational Risk Framework ("ORF")
* Propose control enhancements and simplifications
* Provide resources to support work by Segments and Product/FCC/Governance/Sanctions/ABC to upgrade business controls
* Generate and monitor all metrics required for tracking operational performance of controls
Head, CDD Controls Responsibilities
* Undertake country CDD review activity executed in the regional CDD CoE
* Review Politically Exposed Persons ("PEP") files and sensitive client files
* Integrate data across processes managed in Controls relevant to the CDD review
* Escalate issues requiring business rejection/restriction
* Work with Segments and Product Financial Crime Compliance ("FCC") to
escalate issues appropriately with the business at a portfolio level
Leadership and Management
* Implement and cascade the Group's policy, framework and procedures to country level
* Provide leadership to the Country FCC network as part of the Country FCC management team
* Manage outsourcing arrangements where applicable, for example FCC processes hubbed to the Group's Shared Services Centre
* Lead or influence significant programmes of work in support of the financial crime compliance objectives
* Assist in the development of an effective internal compliance culture
by promoting the benefits of ethical business conduct and the benefits
of compliance
Knowledge Development and Information Management
*
Identify and communicate, across the business within the region,
relevant changes in Controls policies, procedures and practices -
recommending amendments as required
* Assist in developing FCC
Controls-related training to ensure the business and support units are
provided with appropriate training
Stakeholders Relations
*
Partner closely with the Regional FCC Controls and their teams, ensuring
there is a consistent message to country FCC, and dealing with country
issues as they come up
* Support Country Compliance and FCC teams in managing regulatory relationships where FCC issues are a problem
Qualifications and Skills
Competencies
* Partner with the business to make decisions based on the knowledge
and interpretation of current and possible future policies, practices,
trends and information of financial crime
* Develop and implement
financial crime compliance arrangements/frameworks (programs, policies
and procedures) for bank and business lines
* Develop and implement risk and Market Integrity methodologies
* Deliver effective FCC/Sanctions/AML/ABC training programs to meet the training needs of the business
* Implement prevention and detection client due diligence (CDD, EDD and CIP) to verify the identity of clients
* Implement FCC/sanctions/AML/ABC risks identification and assessment and advise business on the findings
* Resolve suspicious activity alerts (SARs)
* Partner with Business and Operational Risk to identify and mitigate financial compliance risks
* Conclude investigations of non-compliant activities
* Review system safeguards and recommend process enhancements
* Participate in regulatory and supervisory meetings and consultations
* Resolve conflicts of interest arising from regulations and information security
* Partner with regulators locally or globally
Additional
* The role holder needs to possess extensive knowledge of the laws and
regulations applicable to money laundering, such as MLPA, the Patriot
Act, OFAC/HMT requirements and Suspicious Activity Reporting
requirements
Diversity and Inclusion
Standard
Chartered is committed to diversity and inclusion. We believe that a
work environment which embraces diversity will enable us to get the best
out of the broadest spectrum of people to sustain strong business
performance and competitive advantage. By building an inclusive culture,
each employee can develop a sense of belonging, and have the
opportunity to maximise their personal potential
How to Apply
Interested and qualified candidates should Click Here to Apply
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