Country AML/CDD Advisor , Standard Chartered Bank - Tanzania

The person is responsible to reduce legal, regulatory, operational and reputational risks associated with financial crime by:
A.Managing local services for AML transaction surveillance.
B.Developing local financial crime risk related, actionable, intelligence.
C.Provide AML/CDD advice to WB and CB businesses in line with Group and local standards 

Key Roles & Responsibilities

-Establish measures to identify suspicious activity and report to the relevant authorities locally. 
-Developing and implementing the Country Suspicious Activity Reporting and Transaction Surveillance procedures (Country Procedures) and processes to ensure compliance with Group procedures, local law and regulation. 
-Quality testing financial crime surveillance and intelligence outputs from Detica. Providing second line assurance to business and functional management that these capabilities are managed to industry standards. 
-Provide assurance to local management that AML / CFT / Sanctions risks are managed within the country.
-Provide financial crime surveillance and intelligence capabilities to monitor CB and WB customers and staff for unusual activity and to escalate issues that require review or investigation. 
-Monitor developments in external/internal financial crime risks including trends. Develop responses and advise the business on financial crime risks and trends. Identify trends of significant money laundering through regional metrics. 
-Establishing CDD procedures and standards for financial crime risk management at client on-boarding and client review that reflect Group requirements and local regulatory requirements.
-Ensure AML regulations, policies and requirements are clearly communicated to management and staff members. Provision of training on CDD procedures to first line business units that are responsible for execution of CDD.
-Monitoring of local regulatory and legal changes in AML, Sanctions and ensuring relevant groups are advised. Preparation and delivery of any training content required to bridge any gaps between Group standards and local regulatory requirements. 
-Provide customer specific advice to WB and CB businesses on CDD to manage financial crime risks for higher risk customers, as required by CDD policy and procedures. 

Qualifications & Skills

•Experience in the financial services industry and FCR management.
•Have a good knowledge of the Group, the Policies, Procedures and Standards relating to FCR as well as knowledge of the local regulations and legislation on AML/CTF and sanctions.
•Strong analytical and decision making skills. Strong responsibility and organisation skills. Strong drafting skills. Excellent negotiation and communication skills – written and verbal including presentation skills. Strong learner, intellect and relater. Ability to work independently with minimal supervision and to complete tasks in timely manner. Self-motivated and self-reliant, with the ability to provide practical and effective advice. Inclusive style and good listening skills are required. Being able to accept challenge, listen to the other point of view and adapt your approach accordingly is essential.
•Good judgement. Excellent collaborative and team playing skills. Diplomacy, empathy and a ‘can-do attitude’. Politeness, sensitivity and the ability to gently, but professionally stand your ground when needed.
•An inquisitive approach to practices, procedures and specific transactions. Personal authority and integrity. Independence, creativity, resourcefulness and resilience.
•Sound working knowledge of MS Office suite particularly Word, Excel and PowerPoint.
•Must possess ability to assess risk, strong leadership qualities, excellent interpersonal skills and multi cultural awareness and sensitivity. 

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Diversity & Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.