Jon Edwards

Business advisory and risk management role, providing guidance and strategic solutions to the 1st and 2nd lines to ensure associated sanction risks are mitigated primarily in relation to digital assets and securities products.

Point of contact for the Financial Market (execution/custody) and Wealth Management (product) business lines, providing advice to relevant stakeholders on the interpretation and application of regulatory expectations, laws, best practices, and policies related to sanctions compliance.

Provide support to the second-line business advisory and control teams with respect to sanctions risks, primarily associated with securities and digital assets, via training and case management tools.

Demonstrate leadership and oversight over sanction risks, and ensure they are proactively managed and executed in line with the Group Sanctions Policy and Standards.

Understand the technical aspects of systems relevant to forensic digital assets assessments, name/transaction screening, client due diligence, and product risk assessments.

Understand the technical aspects of booking models and payment flows (vanilla to structured) to opine on any sanction risk a relevant business line transaction (digital assets/securities) may carry.

Support and attend industry forums such as the Global Blockchain Business Council (Asia), AGC, and ASIFMA to discuss industry/sanctions-related events.

Previous roles within SCB.

- Director – Business Advisory – Conduct, Financial Crime, and Compliance – Financial Markets (primarily FC).

- Director – Financial Crime Compliance – Transaction Screening Product Management.

- Global Functional Head of Assets Servicing – Financial Markets/Securities Services Operations.

- Head – Settlements & Clearing – Securities (Global Head of Financial Market Operations transitioned to GSSC KL Head for MWS post-restructure)

- Regional Head – Investor Services Operations and Financial Market Operations Client Coverage, Asia-Pac.

- Head of Financial Market Securities Operations, New Issue Group, and Middle Office.

Key deliverables and achievements.

Designed and implemented the Digital Asset screening principles to be applied in the assessment of all financial crime risks introduced to the Bank via the interaction with client/counterparty wallet addresses, which was a key enabler in relation to the business obtaining regulatory approval/licenses to go live.

Provide subject matter expertise on the implementation of US and multi-jurisdictional regulatory restrictions impacting securities issued by designated entities, including (but not limited to) Chinese Military and Industrial Companies and Russian parties, ensuring business continuity and compliance across affected investment products.

Implemented an enhanced control environment to enable the Financial Markets business to execute secondary market trading in Russian debt securities, leveraging external vendor services (Bloomberg) to add pre-execution controls to identify any debt that becomes 'new' (pre-Ukraine/Russia conflict).

Designed and implemented the channel-blocking control environment around the sanction screening of emails deriving from or being sent to a sanctioned country.

Performed a risk assessment of third-party payment activity in the financial market space, leading to the design of detection scenarios and a subsequent risk event case management process.

Lead role in the production of the inaugural Group Screening Procedures, working with key partners to perform gap analysis, and leveraging previous or existing related Group policies and procedures.

Creation of Asset Servicing as an individual function within the MWS Operations environment, developing, and delivering the Target Operating Model to GSSC and the country.

Structural rollout of the MWS Settlement & Clearing – Securities team post-restructure within the bank, developing towards alignment with the wider functional model, allowing the repositioning of certain processes to other streams within ops.

Build out and development of the FMO Settlements & Clearing – Securities team within the GSSC KL, via deployment of roles from various countries.

Key contributor in the strategic decision to merge the current Investor Services Ops and Financial Market Operations Client Coverage teams, creating the Client Management Group, designed to provide a globally consistent client support model out of Financial Market Operations.

Support and firm representation at various industry forums such as GBBC, ASIFMA, AGC, and GFX (limited) to discuss sanction-related issues.

Co-developed and delivered targeted training initiatives for second-line stakeholders, including a live session on jurisdictional restrictions related to Russia's invasion of Ukraine, and a video presentation on U.S. sanctions impacting securities issued by designated Chinese Military-Industrial Complex entities.

Primary lead in one of the longest-running volunteering SCB events, which involves members of the staff training children at risk (CARE Singapore) for a football tournament on a yearly basis.

• Manager of Asia and European Cash Securities Settlements supporting regional and global business in fixed income and equity products.
• Manager of Prime Services Middle Office in Singapore, delivering quality service to both internal and external customers
• Manager of Conversion team supporting business in Europe and Asia in dr conversions, bond conversions and exchanges, warrant exercise's and register transfers
• EMG and Asia settlements analysts in equities and fixed income to ensure timely settlement of international equities, reduce risk of market exposure, and exception management.
• Client Service Desk (DLJ Feb – Dec 2000 pre-merger) – Recruited to supervise team responsible for clearing back log of failing trades and to then implement procedures to maintain control.
• Achievements
• Successful out source of EMEA cash sec process for Asia markets to 3rd party vendor WIPRO, building cross training plans and implementing controls in key areas to maintain sustainability
• Built Prime Services Middle Office in order to increase the efficiencies and level of service operations are able to provide to the regional and global prime brokerage client base, working with peer groups globally to review client service and system enhancements.
• Seconded out to CS Mumbai office to implement control procedures re operational duties and to then train staff in daily processes
• Deployed Conversion role from London to Singapore in order to enhance the service provided primarily to the prime brokerage client base.
• Responsible for the running of the operational process re the firms Synthetic Ruble Obligation programme. Ensuring up keep of safe custody records and the processing of coupon payments.
• Led and managed the conversion team in saving the firm USD2mm in DR conversion fee's
• Pro-active in the internal system migration of Credit Suisse International from GLOSS to NTPA
• Chairman of the AVP forum Singapore

• To ensure timely settlement of UK, US and Canadian equities in certificated form.
• Processing of physical certificates and transfer form for settlement in CREST.
• Processing of physical certificates and transfer form for delivery to market makers in US and Canadian markets.
• Maintenance of safe custody records for nominee clients.
• Daily reconciliation of nostro breaks, stock exceptions.

• Retail banking clerk. Operations/customer services/securities and investments..
• Execution only share dealing for bank customers.
• Maintenance of safe custody records for bank customers.
• Client Service – Cashiers, reception.
• Telephone sales – Selling bank products to existing customers of the bank.