Director, Compliance Advisory, Transaction Services; Correspondent Banking

Position: Director, Compliance Advisory, Transaction Services (Correspondent Banking)
Location: New York

Director, Compliance Advisory, Transaction Services (Correspondent Banking)

Job Details

Director, Compliance Advisory, Transaction Services (Correspondent Banking)

Job Description

Requisition Number: 65354

Job Location:

New York, USA Global Grade:
Band 5 Work Type:
Hybrid Working

Employment Type:

Permanent Posting

Start Date:

06/11/2026 Posting End Date: 07/01/2027

Job Description:

Job Summary

Primary day to day 2

LoD advisory, oversight and challenge in the Correspondent Banking Advisory space as reflected in strategy below. Incumbent is fungible across wider ranging responsibilities (as set forth in this JD) of the CFCR Client Coverage (CC), Transaction Services (TS), Global Banking & Functions Advisory Team.

In addition to Correspondent Banking risk management, will lead day to day management of the Customer Due Diligence (CDD) Risk Framework including where applicable, oversight and challenge of the 1

LoD KYC function:

• KYC Policy and Standards development, including Country Addenda
• CDD and EDD activities (all inclusive) as executed by Branch and Group first line and Group second line
• DDA Working Group prospective client pipeline and submission
• Responsible for updating and developing Customer Due Diligence (CDD) policies and standards, including country specific regulations

Key Responsibilities

Strategy

• Contribute materially towards the implementation of the vision, strategy and direction of the CIB CC, TS, GB & Functions Advisory team. Contributions should be consistent with the Americas Head, CFCR Advisory, CIB CC, TS, GB & Functions vision and strategy for the team and the strategy of the CFCR function as a whole; both in support of the Bank’s strategic direction and growth aspirations.
• Continue to improve the Group’s approach towards reducing regulatory and financial crime risks throughout the Americas CIB Client Coverage client lifecycle (from on-boarding to off-boarding) to protect the reputation of the Group and to avoid significant financial loss.
• Initiate and contribute to the overall risk and control enhancements to the Correspondent Banking program for SCB Americas, and where requested, Transaction Services and Client Coverage.

Business

• Develop a comprehensive foundational understanding of the business model and strategy in order to provide substantive required oversight support and challenge in order to enable appropriate and sustainable CFCR outcomes.
• Build and maintain an effective and constructive relationship with all key business and functional stakeholders that is based on trust, capability and integrity, providing timely, responsive and quality advice and guidance to enable the business and functions to meet/ achieve their strategic tactical objectives.
• Provide robust challenge to senior management and all relevant business stakeholders where activities are outside risk tolerance/ appetite, escalating as necessary, until appropriate oversight and ownership is achieved including actions and plans to address any remedial action needed to come back within risk tolerance/ appetite.
• Provide and communicate timely CFCR- related advice, analysis (and challenge when appropriate) in relation to CIB Client Coverage and Transaction Services including product design through to post sale reviews / assessments, new business initiatives, bespoke projects, remedial activities (including nature, scale and rigour of past business reviews), and transactional advice.
• Support the maintenance of global CFCR standards in accordance with standards set by senior management.
• Support the maintenance and refresh of relevant CFCR frameworks applicable to CIB Client Coverage and Transaction Services.

Processes

• Drive the governance and oversight over the implementation of CFCR- related policies and procedures with respect to CIB Client Coverage, Transaction Services (to enable compliance with such policies and procedures).
• Support efforts to establish and maintain effective processes (including training, advice and support) to ensure that policies and standards to address CFCR risk are effectively implemented across CIB Client Coverage, Transaction Banking.
• Support the provision of second line challenge to processes owned by CIB Client Coverage, Transaction Services.
• Develop and maintain effective policies/processes/DOIs, where required and/or deemed necessary (including training, advice and support) to address CFCR risks across CIB Client Coverage, Transaction Services, aligning with relevant regulatory requirements.
• Provide support and challenge to the…