Financial Crime Transformation Governance Lead

at  Standard Chartered

JOB SUMMARY

• The Financial Crime End to End (FCE2E) Programme aims to transform existing processes and systems to improve client experience, enhance control effectiveness and deliver cost transparency. It is primary vision is to move to a more preventative Financial Crime (FC) environment and future proof the bank for arising threats.
• FCE2E programme acts as an overarching mechanism over all initiatives in the Bank which have an impact on Financial Crime. The FCE2E governance model allows for some programs to be directly overseen by the FCE2E Steering committee, while other (Satellite) programs with a focus broader than FC will be overseen by their own governance forums. FCE2E has oversight and makes decisions around proposed changes by all programmes that have implications for FC, including these Satellite programs. This ensures changes are aligned with the Financial Crime target state and a set of principles that guide FC alignment across the Bank.
• FC Transformation Governance Lead is responsible for ensuring that this mechanism is robust, managed effectively across a wide range of stakeholders and in a timely manner to ensure the Satellite programmes progress is not interrupted, and support the Programme Director.
• FC Transformation Governance Lead has authority to decide which Satellite programme proposals require approval and can give a go ahead to the Satellite programme proposals or decide to flag with the FCE2E Steerco.
• This is a Direct Contract for 12 months.

ABOUT STANDARD CHARTERED

We’re an international bank, nimble enough to act, big enough for impact. For more than 170 years, we’ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you’re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can’t wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

RESPONSIBILITIES

• Define, own, and maintain the FC Principles for FC alignment across the Bank
• Ensures all programs (FCE2E and Satellite) understand and comply with the principles.
• Review all new investment requests in the Bank to identify those with potential impact on FC.
• Maintain an inventory of Satellite programs.
• Act as primary point of contact between Satellite programmes and FCE2E.
• Identify items that should be reviewed by the FC Design Authority (DA).
• Lead the DA, setting the agenda and areas of focus, including owning and maintaining the FCE2E Transformation Roadmap.
• Maintaining records of the DA and oversee the quality of DA output.
• Join relevant forums (e.g., Design Authorities) of Satellite programmes to keep on track of proposed solutions and the impacts on FC.
• Record and manage a log consolidating the inputs from Satellite programmes, tracking impacts on FC, key milestones to be aware of and timeline requirements for decisions by the FC DA to ensure that FC does not unnecessarily delay other programmes.
• Consult with programmes on potential impact of proposed changes on FC and review design choices and proposed changes and identify changes that need approval of FCE2E Steerco and support programmes to prepare submissions if an approval need is identified.
• Maintain inventory of potential concern areas from Satellite programmes, along with impact assessments, timelines for reporting to Steerco, etc.
• Manage Satellite programme reporting to the steerco and other senior stakeholders as required.

OTHER RESPONSIBILITIES

• Financial crime E2E expertise to be able to identify potential conflicts across the entire financial crime spectrum. The ideal candidate will likely previously held variety of technical and operations roles relating to FC, but is also able to see the big picture across FC
• Leverage broad banking expertise across Retail and Institutional Banking to join the dots on the FC transformation.
• Strong Program Management Skills
• Strong Stakeholder Management
• Strong communication skills
• Discipline - Excellent time-management skills and ability to handle multiple tasks simultaneously. Highly process and policy oriented.
• Attitude - Goal-oriented, positive and proactive. Comfortable in a fast-paced, results-oriented work environment. Ability to communicate effectively with senior leaders.

ROLE SPECIFIC TECHNICAL COMPETENCIES

• Lean Six Sigma Master Black Belt
• Statistics & Advanced Data analysis
• Process mining
• Data Science & Programming (Python)
• Project Management
• Financial Crime knowledge