Director, FCIIU

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Standard Chartered Bank
Dubai, United Arab Emirates
Employment Type:
Full time
Sub Sector:
Compliance Regulatory
Position Type:
Job Reference:
Date Added:

Job Description

This Dubai based role is a hands-on opportunity to provide intelligence analysis support for proactive research and analytics in the Financial Crime Intelligence & Investigations Unit.(FCIIU) It includes analysis of both internal and external datasets to uncover concentrations of financial crime risk and clients of concern by identifying patterns, typologies and trends. The role holder will be required to deliver written reports, assessments and briefings to key regional stakeholders. In addition, the successful candidate will keep abreast of emerging financial crime risks in the region and report on these to relevant stakeholders.

Key Roles and Responsibilities


  • Support setting and implementation of the vision, strategy, direction and leadership for FCIIU AME, consistent with the vision and strategy for FCC and in support of the Group's strategic direction and growth aspirations.

  • Develop and keep up to date appropriate policies/processes to faciliate effective governance over FCIIU operations, aligning with Group FCIIU across intelligence and investigations
  • Ensure implementation of FCC policies and procedures as applicable to FCIIU
  • Manage and/or resolve cases/Suspicious Activity Reports (SARs).
People and Talent
  • Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
  • Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
  • Collaborate with training teams to input to training curriculum to support closing of capability gaps.

Risk Management
  • Provide subject matter expertise on Financial Crime Intelligence, drawing on financial intelligence and law enforcement networks, professional qualifications and experience.
  • 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.
  • 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.
  • Analyse significant financial crime risk events (e.g. SAR's, non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally as well as externally across all relevant jurisdictions.
  • Identify intelligence for typology studies and risk mitigation plans.
  • Identify financial crime risk indicators through various internal/external sources and the media; map and assess those risks, quantify the potential impact and escalate where necessary.Advise relevant stakeholders on outcomes of financial crime risks identification and assessment methodologies.
  • Apply data analytics to large data sets in order to target risk.
  • Partner with legal counsels for advice on technical matters.
  • Ensure that significant investigations are concluded internally and externally where relevant (including cross-border).
  • Manage end-to-end financial crime client reviews initiated by external sources (regulators, agencies, authorities or other external organisation), and internal events as applicable.
  • Ensure remedial actions (eg Regulatory reporting, client exits, additions to watchlists) are recommended, approved by applicable FCC personnel and implemented,
  • Provide investigative expertise to support management of Significant Regulatory/Legal cases.
  • Conduct a root cause analysis on the control/other failures to ensure lessons are learned across the bank.
  • Provide intelligence (to internal forums) on specific clients, client-types and emerging risk typologies.
  • Provide intelligence inputs to support calibration of bank's Risk Methodologies (including aggregate client risk, product risk and country risk assessments).

  • Support senior oversight of FCIIU AME.
  • In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
  • Prepare and cascade lessons learned from investigations as applicable.
  • Propose control improvements, enhancements and simplifications where appropriate.

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.
  • Lead the FCIIU AME team 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.

Other Responsibilities
  • Embed Here for good and Group's brand and values in FCIIU AME,
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualifications and Skills

  • Proven experience in investigation at a forensic level
  • High level strategic intelligence experience
  • Strong Analytical skills
  • Strong stakeholder management skills
  • Strong Written and Verbal Communication Skills
  • ACAMs or any relevant FCC qualification is a plus
  • Experience in applying data analytics to target risk is a plus

Compliance Technical Competencies

Compliance Policies and Standards
Compliance Risk Assessment
Manage Change
Manage Projects