Associate, Conduct & Financial Crime Compliance Job Vacancy at Standard Chartered

Full Time

Website Standard Chartered

Standard Chartered plc is a British multinational banking and financial services company

Associate, Conduct & Financial Crime Compliance Job Vacancy at Standard Chartered.


: Compliance

Primary Location

: Africa & Middle East-Tanzania, United Republic of-Dar es Salaam


: Full-time

Employee Status

: Permanent

Posting Date

: 06/Jan/2023, 11:56:51 AM

Unposting Date

: 14/Jan/2023, 2:59:00 AM

Job Summary

This role will support the Country Head CFCC to set and implement the vision, strategy, direction and leadership for Tanzania, consistent with the vision and strategy for CFCC and in support of the Group’s strategic direction and growth aspirations.



  • Proactively develop regulatory relationships with regulators in Tanzania through a structured engagement programme with consistent adherence to regulatory expectations.
  • Help ensure that Standard Chartered Bank’s operations in Tanzania are in line with regulatory expectations and Group requirements.
  • Support the Country Head of CFCC and Country Head of FC to set and implement the vision, strategy, direction and leadership for Tanzania, consistent with the vision and strategy for CFCC and in support of the Group’s strategic direction and growth aspirations.
  • Promote the culture and practice of compliance with compliance standards (including conducting business within regulatory requirements, and to high ethical standards) within the Bank and embed a Here for good culture and the Group Code of Conduct.


  • Ensure that key changes (to laws, rules, regulations) are communicated and cascaded in Tanzania, 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, regulations, laws, best practices and policies related to CFCC.
  • In conjunction with the relevant stakeholders, analyse the impact of regulatory compliance matters on the bank and its operations.
  • Anticipate, assess and communicate key regulatory risk trends in Tanzania for management consideration and drive the development and implementation of appropriate mitigation control measures.
  • Use general knowledge of business products undertaken in the jurisdiction to work with business compliance specialists to respond to regulatory questions and keep the Tanzania regulators updated on developments in the Bank’s business.


  • Develop, keep up to date and recommend for approval by the relevant Risk Committee, appropriate policies/processes/DOls to address CFCC, aligning with relevant regulatory requirements.
  • Work with the Country Head of CFCC to manage and develop the relationship with the regulators in accordance with the Regulatory Relationship Plan.
  • Build trust through meeting regulatory commitments and having regular briefings / engagement with regulators.
  • Ensure the bank is properly prepared for regulatory inspections and coordinating responses with the business.
  • Providing governance and oversight over the implementation of CFCC related policies and procedures in Tanzania to ensure compliance with such policies and procedures.
  • Provide advice to relevant business and functions stakeholders on compliance with Group standards and regulatory matters relating to CFCC.
  • Proactively monitor regulatory developments to manage the regulatory impact of complex regulatory matters on the Bank’s business and its operations
  • Provide guidance on the proper application and interpretation of banking laws, regulations and policies applicable in Tanzania.
  • Set control standards and provide advice on the development of appropriate controls for the mitigation of regulatory risks.
  • Assist in overseeing relevant administration and licensing as required by the Tanzania regulatory requirements.
  • In the event of serious regulatory breaches, or where risk tolerances have been breached, assist in critical workstreams in order to ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
  • Track significant issues arising from CFCC metrics, Assurance activities, Audit reviews and regulatory inspections, providing validation of issue closure where necessary.
  • Prepare and cascade lessons learned from audit findings, assurance activities and specific investigations.
  • Support all control checks undertaken by CFCC under the Operational Risk Framework (ORF).
  • Implement quality assurance standards and workflows for the CFCC processes.
  • Co-ordinate/support the management of audits/exams.

People and Talent

  • Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
  • Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
  • Support the provision of ongoing training and development of people, and ensure that holders of all critical functions are competent, suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
  • Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
  • Set and establish team objectives and priorities through discussions with relevant stakeholders, ensuring that team work effectively and proactively with business compliance and other support function teams to manage CFCC risks in Tanzania.
  • Keep track of appointment, resignation and withdrawals of the authorised individuals.

Associate, Conduct & Financial Crime Compliance Job Vacancy at Standard Chartered

Risk Management

  • Maintain oversight of risk mitigating action plans.
  • Provide advice on the application of risk management frameworks (e.g. ORF, GRA).
  • Apply Group and CFCC 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.
  • Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
  • Conduct country risk assessment.
  • Map risks, quantify the potential impact and escalate where necessary.
  • Support delivery of annual Global Compliance, AML, ABC and Sanctions Risk Assessments.
  • Provide intelligence inputs to support calibration of bank’s Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
  • Oversee the review and analysis of the client base to identify and manage high risk clients, or specific country reviews.
  • Ensure the bank is properly prepared for, routine regulatory exams, audits and supervisory inspections, as well as to managing the response from the business.
  • Define metrics and/or key risk indicators (KRI) for CFCC in Tanzania.
  • Lead key change programmes and projects for Tanzania CFCC.
  • Maintain workplans specific to Tanzania CFCC projects/ initiatives, and communicate the same to stakeholders in a regular, timely fashion to inform and seek inputs.
  • Drive and stimulate an environment where forward planning, prioritisation and deadline management lead to efficient work practices and streamlined functional activities and processes.
  • Provide skilled resources to support project / programme delivery.
  • Manage and protect business as usual (BAU) capability during change programme, as well as during the execution and delivery of the Remediation initiatives through project phase into BAU.


  • Attend relevant leadership meetings.
  • In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
  • Periodic reporting and timely escalation of significant risks and issues arising from CFCC Monitoring and Assurance activities.
  • Be accountable for identification and escalation of potential risks and issues to senior management through appropriate governance channels and the Quality Assurance framework.
  • Collate, analyse and interpret data in reports to senior management and relevant governance/risk committees.
  • Analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the CFCC function.
  • Lead or influence significant programmes of work in support of the CFCC initiatives and projects.
  • Proactively drive the development and maintenance of good relationships with internal and external business stakeholders at appropriate levels ensuring an open and cooperative environment.

Regulatory & Business Conduct 

  • Display exemplary conduct and live by the Group’s Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Support relevant stakeholders to respond to regulatory question.
  • Drive proactive engagement in regulatory reform, including ensuring identification and escalation of regulatory reform proposals, participation in local internal regulatory relationship and reform forums and memberships of local external industry forums.

Key stakeholders

  • Head, CFCC, Tanzania
  • Head, FCC, Tanzania
  • Relevant Country/Group process owners for CFCC processes
  • Country and AME Regional CFCC Management Team
  • CFCC Business Advisory teams
  • Business Segment/Product teams
  • Relevant Heads of Business and Functions, Tanzania
  • Regional Heads, FCC Centres of Excellence (e.g. Sanctions, ABC, Controls)
  • Other Risks and Control Functional Heads (Risk, Audit, Legal & Company Secretary, etc)
  • Relevant Local Regulators (Central Bank, FIU, TIRA, CMSA, etc)

Other Responsibilities

  • Embed Here for good and Group’s brand and values in Tanzania.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.


  • At least 3 years of experience in risk, governance, compliance field or related areas.
  • A strong understanding of the regulatory environment in Tanzania.
  • Strong analytical skills, and confidence in interrogating data, processes and interviewing stakeholders.
  • Excellent oral and written communication skills – ability to present complex information clearly and concisely.
  • Highly organised individual, with ability to multi-task.
  • Driven to ensure that activities are completed to a high standard and to schedule.
  • Proactive and creative approach to work, self-motivated and pragmatic.
  • Takes responsibility, ownership and accountability for own tasks and work output.
  • Sharp business acumen, including the ability to assess risk.
  • Personal authority, integrity and ethics, with proven ability to establish relationships and exert influence at senior levels of the Group and with regulators and other external stakeholders

Role Specific Technical Competencies

  • CFCC Policies and Standards
  • Compliance Advisory
  • Compliance Review and FCC Assurance
  • Surveillance (including Screening and Monitoring)
  • Investigations
  • Compliance Risk Assessment
  • Regulatory Liaison
  • Manage Change
  • Manage Projects ​​​​​​​​​​​​​​

About Standard Chartered 

We’re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we’ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you’re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can’t wait to see the talents you can bring us.

Associate, Conduct & Financial Crime Compliance Job Vacancy at Standard Chartered
Our purpose, to drive commerce and prosperity through our unique diversity,  together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you’ll see how we value difference and advocate inclusion. Together we:

  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
  • In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
  • Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
  • Flexible working options based around home and office locations, with flexible working patterns
  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies – everyone feels respected and can realise their full potential.
  • Recruitment assessments – some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

To apply for this job please visit