**Job***: Governance, Risk Management & Compliance**Primary Location***: Asia-Indonesia-Jakarta**Schedule***: Full-time**Employee Status***: Permanent**Posting Date***: 17/Jul/2023, 10:31:13 PM**Unposting Date***: Ongoing**Role Responsibilities**The role of the FC Risk Specialist is to support the Country Head of FC in the execution of their accountabilities where scale/complexity of business &/or work volume indicate need for supplementary resourcing**RESPONSIBILITIES****Strategy**1. Provide support & input to Group/Region/Country/Client Business operating model design of relevant FCC and business processes.2. Contribute to setting and implementing the vision, strategy, direction and leadership for SCB Indonesia, consistent with the vision and strategy for FC and in support of the Group's strategic direction and growth aspirations.3. Act as ABC Country Lead who serves as Country ABC Risk Owner Delegate responsible for the day to day management and oversight of Bribery and Corruption risk for SC Indonesia4. Act as Anto Fraud Champion in managing oversight & challenge for the implementation of Anti Fraud Program at country level, inclidning to comply with local regulation requirment*****Business**1. Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.3. Support resolution of competing requirements between regulations, for example between AML regulations and data privacy/bank secrecy or information security regulations.4. Ensure that risk frameworks and associated standards are effectively communicated and understood by process owners.5. Support FCC Socialization program*****Processes**1. Working in close partnership with CFCC Business Advisory Teams and Governance Team in order to:a. Provide oversight over the implementation of FC-related policies and procedures in country to ensure compliance with such policies and procedures.b. Provide advice (typically via CFCC Advisory) to relevant stakeholders on compliance with Group standards and country regulations relating FCC risksc. Conduct Gap Analysis between Group FCC related Policy and Standarad vs locla regulation followed by establishment of Country Adendum or Dispensation as necessary2. Oversee the assessment of all FCC risks identified in Business and Function (including FC-owned) processes. Providing challenge 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/ appetitea. Ensure that where risks are outside appetite the root cause is determined and addressed.b. Act under delegated authority to make client specific risk decisions.c. Act as the principal point of contact for Country CFCC Advisory and responsible to join up the FC-function so that effective outcomes are realized in first line processes requiring fewer touch points between FC and the first line.d. Equip Country CFCC Advisory Heads & Country CFCC Governance Head with the necessary FC skills and knowledge, and escalation points within FC, to discharge their delegated authority for FC risks.e. Engage with Country CFCC Advisory Heads & Country CFCC Governance Head to ensure that FC risks are effectively managed in the Businesses in line with the risk frameworks.f. Provide specialist expertise to Country CFCC Advisory by drawing on resources under direct control and leveraging the wider FC function.g. Develop, keep up to date and recommend for approval by the relevant Risk Committee or CEO / Commissioner appropriate Country's policies/processes/DOIs to address financial crime risks, aligning with relevant regulatory requirements.h. Document and maintain all core documents, including policies/processes/DOIs3. Actively participate in any FCC Project/ Change Management process as required by FCC Head**People & Talent** **1. Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm, including establishing FCC Training or Awareness Program2. Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.3. Provide input at business, function, country and individual level as appropriate, on compliance matters which should have a bearing on remuneration pools or individual bonuses (for senior staff).**Risk Management**1. Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management, Group Risk Asessment (GRA)4. Make recommendations (and/or implement) to relevant stakeholders (typically via CFCC Advisory) on possible risk management responses to identified risks and/or findings o
