مطلوب مدير في بنك ستاندرد تشارترد في بغداد ,العراق
Head of CFCC, Iraq
About the job
Country Head of CFCC is responsible for managing all regulatory, conduct, financial crime and compliance risks in Iraq and aligning this to the vision and strategy of the function, the Enterprise Risk Management Framework (ERMF), and delegation of authority documents where relevant.
Accountability for the implementation of conduct, financial crime and compliance policies, procedures and processes to the extent the processes have been identified as owned by the CFCC function, in line with the Group’s process universe as set out in the Group Operational Risk Framework, including activities within the processes owned by the CFCC function which are hubbed or outsourced
Managing the CFCC function in Iraq. This includes oversight of conduct, compliance and financial crime matter in the country.
Managing the delivery of the SCB financial crime risk framework in Iraq. Financial crime risk for the purpose of this role covers: anti-money laundering, countering terrorist financing, countering weapons proliferation financing, compliance with financial sanctions and asset freezes; and anti-bribery and corruption and fraud.
Driving the execution of the various CFCC frameworks in Iraq, in compliance with applicable regulations, internal policies, procedures and codes so operates within the letter and spirit of the law and in so doing protect the reputation of SCB with its regulators and balance the needs of other stakeholders.
Working collaboratevely with other relevant CFCC teams, Advisory and FC, to support the function’s stakeholders (inclusing those in the businesses) for all CFCC issues and risks in Iraq.
Leading Iraq CFCC function to meet its commitment of being “Here for Good” by building a sustainable framework that places compliance, conduct and financial crime best practice standards, at the forefront of the bank’s agenda.
Proactively supporting and challenging the businesses and functions to exhibit appropriate conduct, comply with regulatory, conduct, financial crime and compliance requirements and strive to achieve fair outcome for the bank’s clients.
Maintaining independence, delivering timely responses, and timely esclation of risks and issues where the management tolerance of the Group is exceeded for Iraq.
Developing and maintaining constructive and effective stakeholder relationships with the relevant business and supporting functions, and to assist the Cluster / Regional CFCC management to interface with and support all key stakeholders.
Develop a comprehensive understanding of the Iraq busienss model and strategy to provide substansive support and challenge in order to enable appropriate and sustainable CFCC outcome.
Accountable for effective management of CFCC matters across Iraq working closely with CCIB CFCC Advisory at the Region and Group. Assume active involvement in problem-solving and crisis management over critical issues that have an impact on the bank’s busienss / operations in Iraq.
Analyse comprehensive impact on CFCC matters on the relevant business areas and their operations.
Accountable for communicating, implementing and escalating key changes to internal policies, procedures and standards, and accountable to ensure it is cascaded in country, in coordination with Group communications.
Act under delegation from the Risk Framework Owners for the principal risk types of Conduct, Financial Crime and Compliance in discharging the accountabilities contained in the ERMF in Iraq.
Recommending for approval by the relevant Risk Committees, appropriate policies/processes/DOIs to address CFCC risks, aligning them with relevant regulatory requirements.
Accountable for appropriate support and challenge to the bank’s senior management to ensure that they establish and monitor appropriate processes for compliance with CFCC policies, procedures and standards (including meeting regulatory obligations and maintaining high standards of conduct).
Accountable for governance and oversight over the implementation of CFCC related policies and procedures in Iraq to ensure compliance with such policies and procedures.
Act as Risk Owner under the Group’s Risk Management Framework for regulatory compliance processes.
Identify and assess sources of regulatory risks and ensure that systems and controls are appropriate to mitigate and manage risks within acceptable risk tolerance levels. Report on material regulatory, compliance risks.
Implement and support, in collaboration with the relevant Group CFCC teams, effective programmes for CFCC monitoring, surveillance and assurance for Iraq.
Accountable to effectively manage CFCC matters and to maintain oversight of risk mitigating action plans to manage issues for Iraq.
In the event of serious regulatory breaches or where risk tolerances have been breached, be the main escalation point and inform senior management and the relevant regulators and ensure that actions are taken quickly to remediate and/or activities are ceased.
Anticipate horizon risks in the area of CFCC that may have a significant impact on the Group and develop effective strategies to mitigate such horizon risks.
Escalate and advise the Cluster Head of CFCC, Bahrain & MENA (excl. UAE) and the CEO, Iraq (where relevant) on material CFCC issues (as required) and to ensure appropriate steps are taken to manage and/or mitigate the issue.