We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
\nTo us, good performance is about much more than turning a profit. It\u2019s about showing how you embody our valued behaviours \u2013 do the right thing, better together and never settle \u2013 as well as our brand promise, Here for good.
\nWe\u2019re committed to promoting equality in the workplace and creating an inclusive and flexible culture \u2013 one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.<\/p>\n
Job Description<\/strong><\/p>\n Job Title:\u00a0FCC Controls Officer<\/strong><\/p>\n RESPONSIBILITIES:<\/strong><\/p>\n Generic Functions<\/p>\n Strategy (Responsibilities that are related to the development and implementation of a strategy): Core Functions: Support Functions: People and Talent (Responsibilities related to people and talent matters): Risk Management (Responsibilities Under Risk Management Framework \u2013 both execution and supervisory): Key Stakeholders: We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning…..<\/p>\n","protected":false},"author":6721,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[11],"tags":[2027],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p2nO32-bkx","_links":{"self":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/posts\/43557"}],"collection":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/users\/6721"}],"replies":[{"embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/comments?post=43557"}],"version-history":[{"count":0,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/posts\/43557\/revisions"}],"wp:attachment":[{"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/media?parent=43557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/categories?post=43557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/joblistghana.com\/wp-json\/wp\/v2\/tags?post=43557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u2022 Input to Country\/Client Business operating model design of relevant FCC and business processes.
\n\u2022 Support Country Head, FCC to ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Country\/Department for necessary FCC works.
\n\u2022 Support Country Head, FCC to set and implement the vision, strategy, direction and leadership for the Country\/Department, consistent with the vision and strategy for FCC and in support of the Group\u2019s strategic direction and growth aspirations.
\nBusiness (Responsibilities related to the delivery of business and \/ or financial objectives) :
\n\u2022 Support Country Head, FCC to analyse comprehensive impact of financial crime related regulatory matters on the relevants business area and its operations.
\n\u2022 Support Country Head, FCC to ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in country), in coordination with group communications.
\n\u2022 Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
\n\u2022 Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to FCC.
\n\u2022 Support Country Head, FCC to resolve competing requirements between regulations, for example between AML regulations and data privacy\/bank secrecy or information security regulations.<\/p>\n
\n\u2022 Automated and manual suspicious activity report investigation, review and submission to the local regulator.
\n\u2022 Management of the governance around suspicious activity reports, including maintenance of a log, and tracking of responses to the local regulator or authority.
\n\u2022 Generation and maintenance of suspicious activity report MI and analysis for reporting to the relevant governance committee and authorities.
\n\u2022 Responsibility for management of all Transaction Monitoring escalations from the Financial Crime Surveillance Unit (FCSU).
\n\u2022 Responsibility for management of all Name Screening alerts received from the FCSU hubs.
\n\u2022 Responsibility for ad hoc AML investigations work for SCB Ghana businesses.
\n\u2022 Management of FCC-related Court \/ Production \/ Freeze Orders received from regulators, authorities or the Group.
\n\u2022 Management of any cash threshold reporting or other obligations, including obligations around over-the-counter cash limits.
\n\u2022 Management of local first line testing, quality checks and quality assurance.
\n\u2022 Management of local watch lists.
\n\u2022 Liaise with Regional and Group FCSU, Regional Financial Crime Controls Compliance (RFCCC), Financial Crime Intelligence Investigations Unit (FCIIU) Teams and other relevant stakeholders.<\/p>\n
\nProcesses (Processes for which the role is responsible under the ORF as 1st & 2nd line; for executing \/ completing, and for supervising):
\n\u2022 Support the Country Head, FCC to develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies\/processes\/DOIs to address financial crime risks, aligning with relevant regulatory requirements.
\n\u2022 Support Country Head, FCC in providing governance and oversight over the implementation of FCC-related policies and procedures in Country to ensure compliance with such policies and procedures.
\n\u2022 Act as Process Owner for FCC-owned (sub-) processes under the Group\u2019s Risk Management Framework, including implementation and roll-out of relevant processes and DOIs.
\n\u2022 Provide advice to relevant stakeholders on compliance with Group standards relating to (AML\/Sanctions\/ABC).
\n\u2022 Support Country Head, FCC to function as (second line) Risk Control Owner under the Group\u2019s Risk Management Framework for those aspects of Regulatory Compliance relating to (AML\/Sanctions\/ABC), and escalate issues as appropriate.<\/p>\n
\n\u2022 Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
\n\u2022 Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
\n\u2022 Support Country Head, FCC to deliver on the approved training curriculum for the year.<\/p>\n
\n\u2022 Support Country Head, FCC to maintain oversight of risk mitigating action plans.
\n\u2022 Support Country Head, FCC to establish and maintain watch lists used for customer and transaction screening and various other due diligence and investigative purposes (local\/regional internal and external).
\n\u2022 Support Country Head, FCC to provide advice on the application of risk management frameworks (e.g. ORF, GRA).
\n\u2022 Ensure to apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.
\n\u2022 Ensure to make recommendations (and\/or implement) to relevant stakeholders on possible risk management responses to identified risks and\/or findings of concerns from investigations.
\n\u2022 Assess risks arising from products \/ segments \/ geographies \/ customers \/ transactions and escalate any issues to Country Head, FCC.
\n\u2022 Inform Country Head, FCC\/Head of Compliance of serious regulatory breaches (or where risk tolerances have been breached) and ensure support in the resolution of identified risk.
\n\u2022 Ensure to anticipate horizon risks in the area of financial crime that may have a significant impact on the business as a whole and assist to develop effective strategies to mitigate such horizon risks.
\n\u2022 Support Country Head FCC to conduct country risk assessment as and when prescribed by Group or local regulations.This may include delivery in all protocols (AML, ABC and Sanctions Risk Assessments).
\n\u2022 Support Country Head, FCC to oversee the review and analysis of the client base to identify and manage high risk clients, or specific country reviews.
\nGovernance:
\n\u2022 Provide and support to business in addressing FCC related matters.
\n\u2022 Support in the tracking and remediation of FCC investigations related regulatory findings.
\n\u2022 In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure the Country Head, FCC and Head, Compliance are informed and support in actions are taken to quickly remediate the issues.
\n\u2022 Participate in the discussions of lessons learned from audit findings, FCC assurance activities and specific investigations and support in the implementation of same.
\n\u2022 Ensure to support the Country Head, FCC to track significant issues arising from FCC metrics, FCC Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
\n\u2022 Ensure to be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
\n\u2022 Ensure to support the Country Head, FCC to 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.
\nProject\/Change Management:
\n\u2022 Support the Country Head, FCC as accountable executive for key change in FCC related programmes in-country.
\n\u2022 Support significant programmes of work in support of the financial crime compliance objectives.
\n\u2022 Ensure to manage and protect business as usual (BAU) capability during change programmes, as well as during the execution and delivery of the remediation initiatives through project phase and into BAU.
\nRegulatory & Business conduct:
\n\u2022 Display exemplary conduct and live by the Group\u2019s Values and Code of Conduct.
\n\u2022 Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
\n\u2022 Support Country FCC team to achieve the outcomes set out in the Bank\u2019s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
\n\u2022 Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
\n\u2022 Ensure to support in the implementation of directives of Bank of Ghana (BOG) \/ Financial Intelligence Centre (FIC) \/ Economic & Organised Crime Office (EOCO).<\/p>\n
\n\u2022 Bank of Ghana (BOG)
\n\u2022 Financial Intelligence Centre (FIC)
\n\u2022 Economic & Organised Crime Office (EOCO)
\n\u2022 Compliance Officers Association of Ghana
\n\u2022 Local ACAMs Chapter, Ghana
\n\u2022 Other relevant industry stakeholders
\nOther Responsibilities:
\n\u2022 Embed \u201cHere for Good\u201d and Group\u2019s brand and values in country.
\n\u2022 Perform other responsibilities assigned by Head, Compliance under Country or Functional policies and procedures.
\n\u2022 Multiple functions (double hats) as and when required (General Compliance Function)
\nReports Directly to: Principal Associate, Financial Crime Compliance (Controls), Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"