Standard Chartered Bank Zambia Plc
Standard Chartered Bank Zambia Plc
Posted Job
over 2 years ago

Specialist, FCC Controls - (1800033060)

This listings application deadline has expired so it is probably out of date

View all jobs →

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 a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good. We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – 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.

The Role Responsibilities

  • Business (Responsibilities related to the delivery of business and / or financial objectives)
  • 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.
  • Processes (Processes for which the role is responsible under the ORF as 1st & 2nd line; for executing / completing, and for supervising)
  • 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.
  • Providing governance and oversight over the implementation of FCC-related policies and procedures in [Globa/Region/Country/Business] to ensure compliance with such policies and procedures.
  • Provide advice to relevant stakeholders on compliance with Group standards relating to [AML/Sanctions/ABC].

Risk Management (Responsibilities Under Risk Management Framework – both execution and supervisory)

  • Ensure the suitability and quality of case data maintained on enterprise case management systems.
  • Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management.
  • Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring systems.
  • Ensure that detection scenarios that are developed and deployed are fit-for-purpose.
  • Review and assess existing system and controls relevant to FCC to ascertain operational performance and effectiveness.
  • Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
  • Ensure that the relevant lists and database as used by the screening systems are up to date.
  • Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks.
  • Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
  • Assess risks arising from products / segments / geographies / customers / transactions.
  • Advise relevant stakeholders on outcomes of [AML/Sanctions/ABC] risks identification and assessment methodologies.
  • Conduct a root cause analysis on the control/other failures to ensure lessons are learned across the bank.
  • Provide intelligence inputs to support calibration of bank’s Risk Methodologies (including aggregate client risk, product risk and country risk assessments).

Governance

  • Propose control improvements, enhancements and simplifications where appropriate.
  • Support all control checks undertaken by FCC under the Operational Risk Framework (ORF).
  • Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees.
  • 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.

Project/Change Management

  • 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.
  • This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Work to achieve the outcomes set out in the Bank’s Conduct Principles:
  • Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Our Ideal Candidate

Qualifications

  • GCSE O’level minimum 5 credits or better including Mathematics & English
  • A university degree is preferable
  • Good understanding of AML,ABC & Sanctions
  • Good Interpersonal Relations
  • Good communication skills

How to Apply

Submit your CV and application on company website:

Standard Chartered Bank Zambia Plc image
Standard Chartered Bank Zambia Plc
Lusaka
Business banking
Corporate finance
Investment
Loans
BancAssurance
Personal banking
Currently, Standard Chartered Bank Zambia has a total of 25 outlets across the country and 47 automated teller machines (ATMs), with four being electronic banking centres. The bank has a presence in six of Zambia's ten provinces with branches in the Copperbelt, Lusaka, Northern, North Western, Southern and Western provinces. Standard Chartered Bank Zambia offers a wide array of services that encompass personal and business banking, corporate finance, investment, loans and personal life insurance.
You may be interested in...
Jewel of Africa
Jewel of Africa
Jewellery and watches
Yellow Gold Aquamarine  Petal Ring image
$1,789
Buy on Shopbwana
Surprise the March birthday girl with this glamorous gemstone ring. Crafted in cool 18K yellow gold, the design features an emerald-cut icy-blue aquamarine center stone-accented petals. A luxe looks, this ring is polished to a bright shine.
Jewel of Africa
Jewel of Africa
Jewellery and watches
Yellow Gold Aquamarine  Pave Ring  image
$7.32
Buy on Shopbwana
A dainty row of brilliant round aquamarines in crystalline blue are pavé set in this ring crafted of 14k yellow gold. A sweet sentiment on its own, or a shimmering statement when stacked with another gemstone
Jewel of Africa
Jewel of Africa
Jewellery and watches
White Gold Aquamarine  Marquise Ring image
$2,445
Buy on Shopbwana
They have been symbols of authority, symbols of promises, and even legally binding signatures. Today rings still speak volumes about you.
Jewel of Africa
Jewel of Africa
Jewellery and watches
Yellow Gold Ametrine  Shark Claw Ring image
$1,532
Buy on Shopbwana
Rings can be the most sentimental of jewellery pieces. Whether buying yourself a new stack ring or thinking of popping the question, getting the right fit is of utmost
Jewel of Africa
Jewel of Africa
Jewellery and watches
Yellow Gold Aquamarine  Double Ring  image
$1,534
Buy on Shopbwana
With a dazzling brilliant-cut Aquamarine at the heart of this classic design, this double motif ring iconic collection is a stunning alternative to the eternity ring.
Black Dot Media image
Black Dot Media
Marketing and PR
Multimedia and Advertising
Design services
Lusaka
UNDER CONSTRUCTION////With more than 25 years of experience in the advertising industry, Black Dot Media is an award winning creative advertising agency in Zambia that is constantly evolving. The company offers professional marketing, production, creative, digital advertising as well as services as website and mobile app development services to clients in the private and public sectors. it is committed to creating unforgettable and impactful work that remains etched on the minds of audiences for years to come. So, whether you are looking to raise brand awareness, launch a new product, drive online traffic to your website, phone calls, web forms, foot traffic, please get in touch with Black Dot Media today. Their innovative team will take a look at your business, target market and overall goals, and recommend the most effective channels and tactics to use. The goal is to give you results that will increase your sales, brand awareness as well as provide a positive return on your marketing investment.
Seals 4 Africa image
Seals 4 Africa
Security systems
Printing and Stationery
Industrial tools and equipment
Lusaka
Seals 4 Africa is one of Zambia’s leading distributors and resellers of premium security sealing products and tools that address tampering issues. The company provides an extensive range of the world’s most effective security sealing products to meet even the most challenging security needs across a wide range of industries. They also offer value added services to their clients which include logo branding on seals, bar-code imprinting and customisation, as well as on time delivery.
ControLab Zambia image
ControLab Zambia
Inspection and Testing
Engineering services
Lusaka
ControLab offers professional engineering services to contractors, consultancies and government entities in Zambia. The company carries out civil engineering materials testing through a full range of testing of soils, aggregates, bitumen, asphalt and concrete, as well as geotechnical investigations for roads and buildings.
Kinglong Motors Zambia Ltd image
Kinglong Motors Zambia Ltd
Truck and Bus sales
Truck and Bus parts
Truck and Bus maintenance
Lusaka
With a mission to bring the latest and most advanced bus technology to Zambia for the benefit of the Zambian people, Kinglong Motors Zambia Ltd supplies quality brand Higer buses and pick-ups. The company has a fully stocked spare parts warehouse which guarantees the prompt and efficient servicing of Higer buses. Kinglong Motors Zambia Ltd is the leading supplier of Higer buses in the country and a significant contributor to the local transport system.
Harvey Products Ltd image
Harvey Products Ltd
Roofing materials
Building contractors
Kitwe
Lusaka
Since 1967, Harvey Products has been manufacturing steel roofing tiles and accessories. They offer steel based, maintenance-free and environmentally friendly roofing tiles with a 30-year warranty. These lightweight roofing tiles allow a 40% saving on wooden trusses because they are eight times lighter than concrete or clay tiles. This makes them very popular with the construction industry. The team will advise on what type of roofing tiles is best for your specific building needs.