An'yst, Fcc Surv. - Chennai, India - Standard Chartered

Standard Chartered

Verified Company

Chennai, India

2 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

Description

Job:
Operations

Primary Location:
Asia-India-Chennai

Schedule:
Full-time

Employee Status:
Permanent

Posting Date: 24/Jan/2023, 1:57:47 AM

Unposting Date:
Ongoing

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

Risk Management

Analyse significant financial crime risk events (e.g. SAR's, noncompliant transactions, production orders) to ensure that all connected parties, particularly crossborder are identified and reported at the appropriate levels internally across all relevant jurisdictions
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
Ensure proactive escalation of potential risks to the management team

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.

Key Stakeholders

Relationship Managers (Business)
FCC Controls representatives in group and country
Internal Client Due Diligence Teams (CDD)
FCSO Functions

Other 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 procedures
For Grade B: 1 to 2 years of relevant work experience in the following areas:
For Grade C / D: 2 to 4 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)

ROLE SPECIFIC TECHNICAL COMPETENCIES

Compliance Policies and Standards
Compliance Advisory
Surveillance (including Screening and Monitoring)
Investigations

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.

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:
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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
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Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
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Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively