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Job Summary

• Ensuring the CCIB and WRB businesses are compliant with Group & local financial crime regulatory obligations.
• Country Risk Framework owner for AML/Sanctions/CDD/FRM/ABC/ATE risk appetite, assessment and acceptance as defined under ERMF and ORF, dispensation, new product launches and RA.
• Management of all standards for FCC related requirements
• Country FC Policy Owner Including CAs.
• Supporting regulatory relationships management activities as required.

Key Responsibilities

Strategy
• Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the Country for necessary FCC risk controls related to Anti Money Laundering (AML), Sanctions, Client Due Diligence (CDD), Fraud Risk Management (FRM), Anit-Bribery and Corruption (ABC) & Anti-Tax Evasion of SCB India.
• FCC oversight support to FCC teams in the South Asia Cluster (Bangladesh, Nepal and Sri Lanka)

Business
• Analyse comprehensive impact of financial crime related regulatory matters on the relevant business area and its operations.
• Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in country), coordination with group communications
• Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends
• 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 risks

Processes
• Develop,



keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/Local Addendums to Group Policies/Standards, processes/DOIs to address financial crime risks related to AML, Sanctions, CDD, FRM, ABC & Anti-Tax Evasion, aligning with relevant regulatory requirements.
• Providing governance and oversight over the implementation of FCC - related policies and procedures country to ensure compliance with such policies and procedures
• Provide policy guidance to relevant stakeholders on compliance with Group Standard relating to AML, Sanctions, CDD, FRM, ABC & Anti-Tax Evasion, in support of CFCC Business Advisory teams
• Supporting Country Head of FCC in delivering Risk Framework Owner obligations under the Group's Risk Management Framework for aspects of Regulatory Compliance relating to AML, Sanctions, CDD, FRM, ABC & Anti-Tax Evasion and to escalate issues as appropriate in support of CFCC Business Advisory teams.

People & Talent
• Promote and embed a culture of openness, trust and risk awareness where ethical, legal, regulatory and policy complaint conduct is the norm.
• Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and effective work practices are the norm




• Collaborate with training teams to input to training curriculum to support closing of capability gaps.
• Develop communications strategies and plans that deliver timely and relevant messages to the right stakeholders through appropriate activities and channels
Risk Management
• Maintain oversight of risk mitigating action plans related to AML, Sanctions, CDD, FRM, ABC & Anti-Tax Evasion
• Act as a Country ABC Lead in line with the ABC Country Lead P3 Objectives
• Understand technical aspects of systems relevant to AML, Sanctions, CDD, FRM, Client Risk Assessments, SCBuy for Sponsorship/Donations related approvals.
• Provide advice on the application of risk management frameworks (eg ORF, GRA)
• Apply Group and FCC Policies and processes (AML, Sanctions, CDD, FRM, ABC & Anti-Tax Evasion) to manage risks.
• Assess risks arising from products /segments /geographies/customers
• Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and / or activities are ceased.
• Anticipate horizon risks in the area of financial crime that may have a significant impact on the Group and develop effective strategies to mitigate such horizon risks
• Identify intelligence for typology studies and risk mitigation plans
• Conduct Country risk assessment
• Map risks, quantify the potential impact and escalate where necessary
• Deliver/support delivery of annual Global AML (CDD), Sanctions, ABC Risk Assessments
• Partner with legal counsel for advice on technical matters
• Conduct a root cause analysis on the

📌 Spl'st, Policy Professional (Mumbai)
🏢 Standard Chartered Bank
📍 Mumbai