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Manager, FCSO Transaction Screening

Manager, FCSO Transaction Screening

Standard Chartered BankKuala Lumpur, Kuala Lumpur, Malaysia
1 day ago
Job description

Overview

Transaction Screening is a team in Financial Crime Surveillance and Operations (FCSO). The team reviews standard sanctioned screening of incoming and outgoing electronic messages and transactions using pre‑defined criteria to support compliance with SCB Group procedures concerning sanctioned parties or countries. Members must have sanctions and screening surveillance skills and be able to analyse and evaluate information from disperse data sources to determine a course of action. Experience in banking operations (Client Due Diligence, International Trade, Payments, Financial Markets, etc.) and a service‑oriented attitude with excellent English communication are required.

Strategy

  • Ensure adequate support (people, processes, tools, frameworks, systems) in the team for necessary FCC controls.

Business

  • Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.

    • Processes

  • Manage and / or resolve alerts / cases

    • Follow the Screening DOI to process risk events in line with Assess, Analyse, Act (AAA) process

  • Do further analysis and escalations using knowledge about complex products
  • Implement / roll‑out Group and FCC processes / DOIs
  • Maintain and recommend (for approval by the relevant Risk Committee) appropriate processes / DOIs to address financial crime risks, aligning with regulatory requirements

    • People & Talent

  • Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential
  • Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm
  • Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm
  • Collaborate with training teams to input to training curriculum to support closing of capability gaps
  • Ensure the team is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively, to support sustainable business growth and address financial crime risks
  • Ensure staff have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions

    • Governance

  • Track significant issues arising from FCC metrics, FCC Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary
  • Propose control improvements, enhancements and complications where appropriate
  • Support all control checks undertaken by FCC under the Operational Risk Framework (ORF)
  • Periodic reporting and timely escalation of significant risks and issues arising from FCC Monitoring and Assurance activities
  • Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework
  • Ensure tracking and remediation of surveillance and investigations related regulatory findings
  • In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management are informed and actions are taken quickly to remediate and / or activities are ceased
  • Prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations
  • Collate, analyse and interpret data in reports to senior management and relevant governance / risk committees
  • Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the FCC function

    • 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 ensuring compliance with all applicable laws, regulations, guidelines, and the Group Code of Conduct
  • Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters

    • Key Stakeholders

  • FCC Controls representatives in Group and country

    • Other Responsibilities

  • Embed Here for good and Group’s brand and values in all supported countries, business units and teams
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

    • Qualifications

  • 5 to 10 years of relevant work experience in the following areas
  • For screening :

    • Sanctions and screening (name and transaction) surveillance skills

  • Analysis skills; able to analyze data, working knowledge of Internet and MS Office Suite & independently assimilate, analyze and evaluate information from disperse data sources to determine a course of action (e.g. case closure or escalation), and record and communicate this decision clearly and concisely.
  • Banking : knowledge in terms of customers, products and transactions
  • Banking operations experience (Client Due Diligence, payments, trade, markets or other) and service‑oriented attitude.
  • Excellent communication in English (articulation and writing).
  • Education : Bachelor’s degree in any field
  • Languages : Excellent communication in English (articulation and writing)

    • Competencies

  • Leadership Competencies
  • Technical Competencies
  • Compliance Policies and Procedures
  • Compliance Advisory
  • Surveillance (Screening)
  • Compliance Risk Assessment
  • Action Oriented
  • Customer Focus
  • Gives Clarity & Guidance
  • Manages Ambiguity
  • Develops Talent
  • Drives Vision & Purpose
  • Nimble Learning
  • Decision Quality
  • Courage
  • Strategic Mindset

    • Benefits

  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
  • Time‑off including annual leave, parental / maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
  • Flexible working options based around home and office locations, with flexible working patterns.
  • Proactive wellbeing support through Unmind, a market‑leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first‑aiders and all sorts of self‑help toolkits.
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

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