Global Head, Financial Crime Risks (Based US, UK, SG or HK)

at  Standard Chartered

JOB SUMMARY

This role can be performed from the UK, SG, HK or the US. The salary range for the US is USD 400,000 to USD 600,000. For all other locations, the salary will be based on market considerations and will be discussed at the time of offer. The salary range for the US should not be considered an indicator of the potential salary in other locations.
The Global Head, Financial Crime Risks, will hold responsibility for the leadership of Financial Crime Compliance (“FCC”) for the Group, ensuring compliance with legal and regulatory obligations in relation to anti-money laundering, sanctions, anti-bribery and corruption and fraud. The role holder will be expected to position Standard Chartered as a leader on AML and Sanctions and contribute to industry good practice in support of the Group’s reputation and strategy. This is a senior leadership role within the Compliance function, with direct reports being at Managing Director level.
Core responsibilities will include the overall design of the Risk Type Framework for FCC, in alignment with the Enterprise Management Risk Framework (“EMRF”), proposing Group risk appetite in relating to FCC-related policies and processes, and reviewing and responding to the FCC Risk Assessments across all relevant policy areas.

PEOPLE & TALENT

• Setting and monitoring job descriptions and objectives for direct reports. Providing meaningful feedback and reward in line with performance against those responsibilities and objectives.
• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
• Employ, engage and retain high quality people, with succession planning for critical roles.
• Define an organisation structure aligned and scaled to the risk control needs of the business.
• Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Responsible for building a culture of good conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the Group. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

SKILLS AND EXPERIENCE

• CFCR Management- Business Acumen
• CFCR Management- Business Ethics
• CFCR Management- Cross-functional Collaboration
• CFCR Management- Organisational Governance
• CFCR Management- Manage Change
• CFCR Management- CFCR Policies and Standards
• CFCR Management- CFCR Risk Type Advisory
• CFCR Management- Risk Assessment
• CFCR Management- Effective Communications
• CFCR Management- Regulatory Environment - Financial Services

QUALIFICATIONS

• Personal authority based on established trusted relationships and ability to provide functional leadership and direction which is respected at the most senior levels of the Group
• Strong knowledge of the businesses, markets and operations of Standard Chartered Bank and the policies, procedures and processes through which financial crime risks are addressed throughout the Group
• Strong integrity, independence and resilience
• Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
• Strategic vision to the business and function
• Ability and experience in managing geographically dispersed and highly varied customer and product base.
• Ability to collaborate and work dynamically across country, region, business and group stakeholders.
• Understanding of best practice risk management techniques and frameworks.
• Understanding of the key features of relevant laws and regulations relevant to the Group.
• Sound judgement on business practices, regulatory relationship management and reputational risk.

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

OTHER RESPONSIBILITIES

• Embed Here for good and the Group’s brand and values in the CFCR function.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
• Discharge NED responsibilities in relation to any entity to which I am appointed by the Group.

Responsible for discharging Process Universe related responsibilities as defined in the ERMF:

• Identifying processes within the CFCR function related to policies for which I am the Process Owner, and ensuring completeness and accuracy of the identified processes;
• Ensuring that all FCC processes have named Process Owners and comply with the standards set by Operational Risk Type Framework (“ORTF”), with appropriate segregation of first- and second-line responsibilities as they relate to the Process; and
• Reviewing, challenging, and providing oversight of the risk profile of the overall FCC process universe