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Team Lead, FCC Investigations

Company: Standard Chartered
Location: Newark
Posted on: June 12, 2021

Job Description:

About Standard Chartered

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


  • Plan, lead and conduct AML investigations for potential suspicious activity, including those generated from detection scenario processes, the service of subpoenas and warrants, negative media reports, as well as other sources.
  • Provide leadership, guidance and direction to the FCC Investigation Unit's AML Investigators through close-collaboration and supervision as well as cyclic Case Reviews, with a focus on these areas:
  • Identifying, researching and reporting suspicious activity.
  • Managing the investigative process from initial detection to disposition.
  • Thoroughly and timely reviewing reports and other investigative leads that potentially identify suspicious activity.
  • Formulating and recommending responses to potentially suspicious findings, reporting such activity to the appropriate regulatory authorities, and supporting FCC in developing the Bank's forward-looking risk-mitigation program.
  • Support Investigation Group Managers in oversight of AML investigations.
  • Coordinate responses and requests pursuant to Section 314 of the USA PATRIOT Act.
  • Provide guidance, direction, and assistance to Senior Investigators, Investigators and other team members in determining whether to close cases, escalate findings and/or file a Suspicious Activity Report ("SAR") with the U.S. Treasury's Financial Crimes Enforcement Network.
  • Drafting and reviewing SARs.
  • Conduct AML investigations with respect to matters presenting heightened complexity, sensitivity and risk.
  • Supervise work of other team members to ensure completeness and quality of investigations, and to support quality assurance of investigative documentation.
  • Oversee data-entry related to tracking and documenting all investigative steps.
  • Assist Investigation Group Managers with administrative responsibilities for direct reports.
  • Support the Investigation Unit's internal training program by providing subject-matter expertise to program development, administration and learning delivery.
  • Support Investigation Group Managers in the effective engagement of FCC management, internal audit and quality-assurance staff, and regulators, concerning the FCC AML program.

People and Talent

  • Lead and develop an effective team through communication, performance management, development plans and reward/recognition practices.
  • Promote an environment that supports diversity and reflects SCB core values.

Risk Management

  • Identify, assess, monitor, control and mitigate risks to the firm


  • Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role
  • Deliver 'effective governance'; challenge fellow executives effectively; and work with any local regulators in an open and cooperative manner.

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 team to achieve the outcomes set out in the Bank's Conduct Principles
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Embed the Group's values and code of conduct to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.
  • Local regulator prescribed responsibilities

Key Stakeholders

  • Head, FCC Controls, Americas
  • Head, FCC Investigations, Americas
  • FCC Investigations Team Leads, Americas
  • SCB Americas Audit, Operational Risk, L&C and SRP departments
  • FCC Department in region and globally

Other Responsibilities

  • Embed here for good and Group's brand and values in the Team.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.


  • 5 to 7 years of financial services, intelligence or law enforcement. Analytic support with demonstrated success and increasing responsibilities.
  • People and process experience is preferred.
  • Correspondent Banking experience is a plus
  • Minimal of 5 years of Financial Markets and Trade Finance AML experience
  • CAM certification required
  • Bachelor degree in Economic Crime Investigation, finance, accounting, intelligence or criminal justice from an accredited institution or equivalent.
  • Advance degree will be viewed positively.

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. We welcome conversations on flexible working.


Keywords: Standard Chartered, Newark , Team Lead, FCC Investigations, Other , Newark, New Jersey

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