Standard Chartered Bank Nigeria Job for a Senior Manager - Financial Crime Compliance (FCC)

Standard Chartered Bank Nigeria - We attract talented individuals. Not only can they give you the benefit of their experience, they also reveal a closer, more personal look at the wide range of global opportunities we offer. At the core of the Group's people strategy is our focus on employee
engagement. Engagement is a key driver of productivity and performance, which creates the foundation of our performance culture. We encourage and focus on the behaviours that bring out the very best from every employee, assessing their performance not just on results but on how those results were achieved. To further embed these behaviours we have a remuneration programme in place, carefully designed to incentivise our employees to live our values every day.

Standard Chartered Bank Nigeria is recruiting to fill the position below:

Job Title: Senior Manager - Financial Crime Compliance (FCC)

Job ID: 497496
Location: Lagos, Nigeria
Job Function: Legal & Compliance
Regular/Temporary: Permanent
Full/Part Time: Full time

Job Description
The Senior FCC Manager is to provide support, oversight and assurance that core operational processes executed in FCC, as well as the specialist supporting systems for surveillance/ screening are functioning effectively and efficiently in handling financial crime risks for the business as usual teams.

Key Roles and Responsibilities

Overall Responsibilities:

• Coordinate / generate MI and ensure visibility to right stakeholders
• Interpret MI and provide covering analysis for Committees and Management Forums
• Provide oversight on risk profile screening escalations / alerts
• Implement the transaction monitoring and screening framework appropriate in the area and country so that relevant alerts are generated for investigations
• Provide advice and guidance to the frontline staff regarding financial crime screening policies and procedures when necessary
• Review significant risks and issues (e.g. SAR's and confirmed name matches) reported to ensure that all connected parties, particularly across borders, are identified and reported at the appropriate levels internally and externally across all relevant jurisdictions. This should include the use of “link analysis” tools.
• Track/report all remedial actions (audit, CMRs, exams, RA etc.)
• Manage escalations from the business

• Provide leadership and guidance to the area FCC team
• Help develop skilled resources within the area team who can contribute to the management of FCC
• Support efforts to position the Bank as an industry leader in the eyes of regulators and industry stakeholders
• Promote and embed a compliance culture throughout the Bank

• Partner with colleagues across the Bank to help drive a culture of risk awareness and proactive risk identification and assessment
• Work closely with the Regional's Governance function and their teams, ensuring there is a consistent message to country FCC, and dealing with country issues as they come up
• Support the business in managing regulatory relationships where FCC issues are a problem

• Execute Compliance Governance, Frameworks and Models

• Partner with the business to make decisions based on the knowledge and interpretation of current and possible future policies, practices, trends and information of financial crime (Intermediate)
• Implement Identification, Monitoring, Testing, and Reporting (Advanced)
• Implement prevention and detection client due diligence (CDD, EDD and CIP) to verify the identity of clients (Advanced)
• Develop and implement financial crime compliance arrangements/frameworks (programs, policies and procedures) for bank and business lines (Advanced)
• Develop and implement risk and Market Integrity methodologies (Advanced)
• Deliver effective FCC/Sanctions/AML/ABC training programs to meet the training needs of the business (Advanced)

• Implement Identification, Monitoring, Testing, and Reporting

• Implement FCC/sanctions/AML/ABC risks identification and assessment and advise business on the findings (Advanced)
• Manage and Mitigate Risks (Advanced)
• Conclude investigations of non-compliant activities (Advanced)
• Resolve suspicious activity alerts (SARs) (Advanced)
• Partner with Business and Operational Risk to identify and mitigate financial compliance risks (Advanced)

• Manage and Mitigate Risks

• Review system safeguards and recommend process enhancements (Advanced)
• Participate in regulatory and supervisory meetings and consultations (Intermediate)

• Manage FCC Regulatory Relationships

• Resolve conflicts of interest arising from regulations and information security (Intermediate)
• Partner with regulators locally or globally (Advanced)