Analyst, FCC Controls - 3426050

Standard Chartered Bank Ltd
  • Analyst, FCC Controls Jobs in Dubai - 3426050

    Standard Chartered Bank Ltd
  • 0 - 3 Years
  • Dubai (Dubai)
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Job Description

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 Its 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

Were 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


Support the implementation of the FCC Strategy by escalating appropriate FCC and AML issues and executing activities in line with Guidance documents


Develop thorough knowledge of bank products across all segments (ie retail, commercial, private, correspondent banking and trade) and the ability to execute end-to-end investigations across all segments, with guidance from G7 or line manager where necessary
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


In line with AAA procedures, responsible for processing AML investigations end to end, from initial referral through to the outcome of the case (closure in ECMescalation to regulators)
Processing and concluding cases allocated in a timely manner within agreed TATs whilst maintaining Quality ControlQuality Assurance results in line with Group and local expectations
Timely initiation of follow up actions including heightened monitoring, CDD review and list additions
Develop, keep up to date and recommend enhancement of appropriate policiesprocessesDOIs to address financial crime risks, aligning with relevant regulatory requirements
Contribute to the governance and oversight of FCC-related policies and procedures in Region to ensure compliance with such policies and procedures
Provide advice to relevant stakeholders on compliance with Group standards relating to FCC

People and Talent

Promote a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm
Ensure forward planning, prioritisation, deadline management, streamlined workflows and efficient work practices are the norm
Individual accountability for Learning and Development Plans and execution

Risk Management

Support the day to day management of FCC Investigations activity for the UAE by developing and deploying sound analytical skills to produce balanced judgements in relation to financial crime risk
Utilize existing data analytic tools, techniques and systems to optimize the quality of casework and ensure efficiency to include systems such as iCDD, eOPS, Accuity, etc
Ensure the suitability and quality of case data maintained on ECM and various internal trackers including the RFI tracker and SAR log
Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, Trade, AML Monitoring and Case Management
Identify and highlight any compliance gaps in existing controls or relevant systems
Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks
Make recommendations (andor implement) to relevant stakeholders on possible risk management responses to identified risks andor findings of concerns from investigations
Assess risks arising from products segments geographies customers transactions
Provide intelligence inputs to support calibration of FCCs Risk Methodologies (including aggregate client risk, product risk and country risk assessments)


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 stakeholders
Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk vulnerability and support in remediation actions within the FCC function

Regulatory & Business Conduct

Display exemplary conduct and live by the Groups 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
Support the UAE FCC team to achieve the outcomes set out in the Banks 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
Comply with all regulations promulgated by UAE Central Bank and DFSA

Key Stakeholders

Country FCC and compliance teams
Sanctions teams
FCC Controls team
FCC Operations
FCC Screening
Direct manager and countersigning manager

Other Responsibilities

Embed Here for Good and Groups brand and values in UAE FCC
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Our Ideal Candidate

Relevant qualifications such as ACAMS and SCB FCC Academy

Apply now to join the Bank for those with big career ambitions

To view information on our benefits including our flexible working please visit our career pages

Profile Summary

Type:Company Job

Role:Banking -General

Industry:Banking/Financial Services/Broking

Salary:As per Industry Standards

Function:Banks/Insurance/Financial Services

Deadline:01st Feb 2025

Company Profile

Company:Standard Chartered Bank Ltd
Industry Banking, Financial Services & Insurance (Banking - Retail, Corporate, Co-operative)
Company Turnover 10000 - 10000+ Crores
Company Size 10001 - 10001+ Employees

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