Associate Director, FCSO TM Solutions

Job description

Role requires strategic thinking and technical expertise in financial crime detection and prevention, with a strong background in advanced analytical methodologies.

This role requires hands-on experience to design, develop, and deploy analytics/models to detect suspicious activities and financial crime.

The ideal candidate will possess technical expertise, a strategic mindset for enhancing Transaction Monitoring effectiveness, and familiarity with compliance regulations in the financial sector.


Responsibilities
Design, develop and deploy models for anomaly detection, behaviour profiling, network analysis, predictive scoring for TM Solutions and act as a single point of contact for assigned AML Transaction Monitoring Modelling matters
Perform data exploration, feature engineering and ensure models are accurate, efficient and scalable
Support analytical processes to enhance TM red flag monitoring and optimize cases for investigation through AI/ML models and analytical processes
Improve processes such as threshold tuning, reconciliation, segmentation, optimization etc.

for the Transaction Monitoring function across products such as CASA, Trade, Credit Cards, Securities and Financial Markets
Support in design of different scenario models, development and validation including data quality validation, model effectiveness, rules logic for effective risk analytics
Ensure all processes/models follow Bank’s governance process including Model Risk Policy Governance and Risk Based Rule review
Knowledge of core banking, payment, CDD, securities and other systems and interplay/linkages; understand business domain aspects relevant to AML Monitoring and Case Management
Conceptualize, design, support and align relevant processes and controls to industry best practice, and close out compliance gaps
Mentoring and conducting training programs to bring new joiners and the team up to speed on new business requirements
Provide endorsement for changes or remediation activities impacting AML Optimisation models and engage with relevant stakeholders for deployment to production
Work on processes such as threshold tuning, reconciliation, segmentation, optimization etc.

across products such as CASA, Trade, Credit Cards, Securities and Financial Markets
Work towards collective objectives and scorecards of the business function as published in the job and performance objectives for defined periods
People and Talent
Provide coaching to peers and new hires to ensure high engagement and performance
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 with forward planning, prioritisation, deadline management and streamlined workflows, and collaborative, inclusive yet effective and efficient work practices
Governance
Attend relevant business/segment/product-related working group meetings
Ensure tracking and remediation of surveillance and investigations related regulatory findings
Report product and segment related matters impacting monitoring in relevant FCC and Upstream Governance Committees
Provide regular progress updates on agreed mitigation actions concerning AML Optimisation Model Issues and enhancements
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
Contribute to the Product/Segment/Regional teams to achieve outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
Key Stakeholders
Relevant Business teams – CIB & WRB
Business and segment CFCC Advisory teams
Group AML RFO / teams
ITO
Country/Regional FCC teams
Audit / Assurance teams
Group Model Validation/ Group Model Risk Team
Other Responsibilities
Embed Here for good and Group’s brand and values in the team
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Our Ideal Candidate
8+ years of hands-on experience in Transaction Monitoring design and development with 5+ years focused on financial crime threat risk mitigation
Strong background in deploying models within TM or compliance environment with solid understanding of AML/CFT regulations
Strong coding skills in Python, R, SQL and familiarity with data engineering practices for model integration
Education: Post Graduate degree in Management/Statistics/Mathematics OR Graduate degree in Engineering from a reputed institution
Certifications: Certification from ACAMS or equivalent
Role Specific Technical Competencies
Data Science
SQL / HQL / Hive / Hadoop scripting and databases such as Oracle
Surveillance (Specifically Monitoring)
R / Python / SAS / STATA / C++ / SCALA Programming
Compliance Advisory
Manage 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.

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
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-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
Recruitment Assessments
Some of our roles use assessments to help us understand how suitable you are for the role you've applied to.

If you are invited to take an assessment, this is great news.

It means your application has progressed to an important stage of our recruitment process.


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