Specialist
Standard Chartered
Kancheepuram, India
5d ago

About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation.

This in turn helps us to provide better support to our broad client base. RESPONSIBILITIES : Processes

  • Review and validate requests for client information (RFIs) received from the Transaction Monitoring / Screening Functions in order to process Risk Events
  • Liaise with Relationship Managers, FCC Teams and other internal teams (CDD, etc.) in order to obtain client information
  • Review and adhere to the follow up protocol to ensure timely responses are obtained
  • Review and validate responses received to determine ability to process the Risk Events
  • Liaise with the Functions within the FCSU to identify inherent risks and inefficiencies and work with relevant stakeholders in order to mitigate the same
  • Act in the capacity of a Team Leader (for TL role) and assist the Team Manager by voluntarily taking up additional activities, including but not limited to : MI Reporting, tracking of team productivity, allocations, etc.
  • Mentor and train new joiners and show visible impact on quality and productivity of the team as a result of trainingRisk Management
  • Analyse significant financial crime risk events (e.g. SAR’s, non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally across all relevant jurisdictions
  • Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks
  • Identify concerns pertaining to quality of RFIs based on case reviews and feedback obtained from the Business / FCC and liaise with the Team Manager and other members of the Team to resolve such concerns through best practice sharing, fail reviews, etc.Governance
  • In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management are informed and that actions are taken quickly to remediate and / or activities are ceased
  • Support all control checks undertaken by FCC under the Operational Risk Framework (ORF)
  • Ensure proactive escalation of potential risks to the management teamRegulatory & 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.

  • Lead the FCSU to achieve the outcomes set out in the Bank’s Conduct Principles : Fair Outcomes for Clients; Effective Operation of Financial Markets;
  • Financial Crime Prevention; The Right Environment.

  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.Key Stakeholders
  • Relationship Managers (Business)
  • FCC Controls representatives in group and country
  • Internal Client Due Diligence Teams (CDD)
  • BAU FunctionsOther Responsibilities
  • Embed Here For Good and Group’s brand and values in FCSU
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and proceduresQUALIFICATIONS - training, licenses, memberships and certifications4 to 5 years of relevant work experience in the following areas :
  • Excellent written and verbal communication skills with the ability to articulate effectively
  • Banking operations experience (Client Due Diligence, payments, trade, markets or other) and client interaction experience
  • AML and terrorist financing surveillance skills
  • Analysis skills : Ability to analyze data trends and irregular transactions, independently assimilate, analyse and evaluate information from various data sources to determine a course of action (e.
  • g. case closure or RFI), and record and communicate this decision clearly and concisely to Monitoring team and RM’s respectively, working knowledge of Internet and MS Office

  • Banking knowledge in terms of customers, products and transactions with expertise in at least one customer segment (retail, corporate, private banking, correspondent banking)
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