Associate Director, FCC, Sanctions

Job Summary

The role of Associate Director, FCR, Sanctions, GCNA, based in China, offers a pivotal opportunity to serve as a Sanctions Subject Matter Expert within Standard Chartered, reporting directly to the Head of Sanctions for the region. This position demands providing comprehensive, high-quality advisory services to both first and second line teams concerning the application of the Group's sanctions policies, standards, and relevant legal frameworks—specifically focusing on US, EU, UK and UN sanctions laws and regulations as well as export controls.

The individual in this role will be the primary escalation point, trusted to resolve complex sanctions-related queries with precision and strategic insight.

This position encompasses a broad array of responsibilities beyond direct advisory functions, including preparing management information and detailed reports for senior leadership, engaging with regulatory bodies and audits, conducting risk reviews of high-profile clients, and contributing to the design and implementation of sanctions controls. The role also involves crafting customized training materials and communication strategies to elevate sanctions awareness and compliance across the organization.

Additionally, support will be provided to global and regional initiatives requiring sanctions expertise, reinforcing the bank’s commitment to robust financial crime compliance.

This role is ideally suited for a seasoned professional who thrives in a dynamic compliance environment is motivated by challenging regulatory landscapes.

• Awareness and understanding of the Group's business strategy and model appropriate to the role

• Ensure that key changes on Sanctions (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications.
• Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.
• Keep track of and provide advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices and policies related to Sanctions, FCC.
• Be updated on current events, regulatory issues and new and changing Sanctions regulations, in country, in the UK, US, EU, UN and internationally.
• Provide advice and guidance to businesses and functions in a timely, effective and constructive manner on client relationships, transactions, products and all other issues escalated to the Regional FCC Sanctions

• Providing governance and oversight over the implementation of relevant FCC-related policies and procedures in Region/Business to ensure compliance with such policies and procedures.
• Provide support to ensure Sanctions Advisory team operates in compliance with the relevant Sanctions Policies, Procedures and Departmental Operating Instructions.
• Ensure process controls are commensurate to the risk and effectively working for Sanctions Advisory team in compliance with the procedures and regulatory timescales.
• Actively support projects and initiatives involving CDD, transactions review and products / services ensuring risks are adequately highlighted and mitigated appropriately thereby enabling smooth implementation.

• Identify training needs of Regional Sanctions team and deliver the necessary training on a continuous basis.
• Deliver/support /Sanctions/ training programs to meet the training needs of FCC.
• Deliver/support Sanctions/ training programs to meet the training needs of the business.

• Understand technical aspects of systems relevant to Transaction and Name Screening, Case Management, Monitoring, CDD and Client Risk Assessments.
• Establish and maintain watch lists used for customer and transaction screening and various other due diligence and investigative purposes (local/regional internal and external).
• Apply Group and FCC policies and processes to manage risks.
• 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 geographies / customers / transactions.
• Identify…