Job Summary
To support the Bank's Financial Crime Compliance Americas division (FCC) in ensuring that the business in the US operates in accordance with all legal and regulatory requirements and all Group standards relating to anti-money laundering and counter terrorism financing (AML).
To conduct investigations that detect and report suspicious activity to governmental authorities and enable the Bank to form sound judgments concerning reputational and other risks and meets expectations of regulators and other compliance stakeholders.
To support the promotion of the business, culture and practice of FCC within the letter and spirit of US Laws, including local Laws and Regulations, in accordance with Group standards.
Key Responsibilities
To support and deliver against the Bank's FCC Investigation strategy and broader financial crime compliance strategy and core mission.
Processes
- Plan, lead and conduct AML investigations for potential suspicious activity, including those generated from detection scenario processes, the service of subpoenas and warrants, negative media reports, as well as other sources.
- Provide leadership, guidance, and direction to the FCC Investigation Unit's AML Investigators through close-collaboration and supervision as well as cyclic Case Reviews, with a focus on these areas:
- Identifying, researching, and reporting suspicious activity.
- Managing the investigative process from initial detection to disposition.
- Thoroughly and timely reviewing reports and other investigative leads that potentially identify suspicious activity.
- Formulating and recommending responses to potentially suspicious findings, reporting such activity to the appropriate regulatory authorities, and supporting FCC in developing the Bank's forward-looking risk-mitigation program.
- Support Investigation Group Managers in oversight of AML investigations.
- Coordinate responses and requests pursuant to Section 314 of the USA PATRIOT Act.
- Provide guidance, direction, and assistance to Senior Investigators, Investigators and other team members in determining whether to close cases, escalate findings and/or file a Suspicious Activity Report ("SAR") with the U.S. Treasury's Financial Crimes Enforcement Network.
- Drafting and reviewing SARs:
- Conduct AML investigations with respect to matters presenting heightened complexity, sensitivity and risk.
- Supervise work of other team members to ensure completeness and quality of investigations, and to support quality assurance of investigative documentation.
- Oversee data-entry related to tracking and documenting all investigative steps.
- Assist Investigation Group Managers with administrative responsibilities for direct reports.
- Support the Investigation Unit's internal training program by providing subject-matter expertise to program development, administration and learning delivery.
- Support Investigation Group Managers in the effective engagement of FCC management, internal audit and quality-assurance staff, and regulators, concerning the FCC AML program.
- Lead and develop an effective team through communication, performance management, development plans and reward/recognition practices.
- Promote an environment that supports diversity and reflects SCB core values.
Qualifications
- 5 to 7 years of financial services, intelligence or law enforcement. Analytic support with demonstrated success and increasing responsibilities.
- People and process experience is preferred.
- Correspondent Banking experience is a plus
- Minimal of 5 years of Financial Markets and Trade Finance AML experience
- ACAMS certification preferred but not required
- Bachelor's degree in Economic Crime Investigation, finance, accounting, intelligence or criminal justice from an accredited institution or equivalent.
- Advance degree will be viewed positively.
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 thingand 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
Expected annual base pay range for the role is 73,672 USD to 106,415 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations
Visit our careers website www.sc.com/careers
What we offer
In line with our Fair Pay Charter,we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
- Core bank funding for retirement savings, medical and life insurance,with flexible and voluntary benefits available in some locations.
- Time-offincluding 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 workingoptions based around home and office locations, with flexible working patterns.
- Proactive wellbeing supportthrough 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 cultureto 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.