Head Of AML Advisory - Wholesale Banking - MEPA in Ash Shariqah [Sharjah], United Arab Emirates

at Standard Chartered Bank

Banking / Financial Services
Executive / Top Management
Minimum Qualification
Bachelor's Degree
Required Experience
5 - 7 years
Employment Type
Full Time
Male or Female
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Job Description

Our Wholesale Banking business offers a wide range of financing and investment solutions to corporate and institutional clients to help them achieve their business goals. We’ve built our business to support our clients, with a footprint in fast growing markets, providing on-the-ground expertise and taking a relationship-focused approach.

This new senior role provides regional leadership in the management of regulatory, reputational and financial crime risk for the MEPA Wholesale Banking functions.


You must provide robust advice and independent assurance on all Wholesale Banking (WB) clients in the region subject to Enhanced Due Diligence under the WB, customer due diligence (CDD) policy, including PEP and sanction affected entities, at customer acceptance and periodic customer review.

You support the Financial Crime Risk management framework in Wholesale Banking, to be delivered through:
• Advice on CDD policy
• Advice and escalation of higher risk relationships
• Providing transparency and accountability to supported country compliance teams
• Testing compliance with policy in the region
• Interacting with WB compliance and country Heads of Compliance to escalate issues to Regional Heads of OCC

You must contribute to the:

•Assessing risks arising from specific clients and managing those risks in the interests of the Bank
•CDD procedures remain up-to-date and in compliance with laws and regulations in relevant countries
•Training of teams in the WB business that are responsible for CDD in the first line and establishing a feedback loop to support continuous improvement
•Establish an effective interface with the existing Financial Crime Risk officers of the Standard Chartered Group
•Supporting country teams in managing regulatory exams
•Advising on the Bank’s sanctions risk management framework as it applies to client relationships
•Ongoing testing of compliance with the CDD procedures
•Supports efforts to position the Bank as an industry leader in the eyes of regulators and industry stakeholders
•Managing a team of direct reports.
•Establishes strong working relationship with Regional Heads of FCR and senior business managers.
•Offers subject matter expertise, drawing on FCR networks, professional qualifications and experience
•Develops meaningful measurement and performance monitoring systems for financial crime risk, drawing on tools from the risk management discipline


You will have experience in the below from working in a bank, leading regulator or a professional services firm:

•AML advisory and AML surveillance
•Enhanced due diligence services (CDD)
•Specialist Financial Crime Risk Management
•Financial Crime Risk Reporting and Monitoring
•Promotes awareness of Financial Crime Risk and Prevention
•Financial Crime Risk Governance and Assurance
•Leadership & Management

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