Job Description

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.

The Role Responsibilities

• Review accounts against all set internal standards for Client Due Diligence
• Check on the quality of the Static Information and Source of Wealth if it meets all set standards for Account Opening, Maintenance and Trigger review.
• Review the other Due Diligence requirements such as adverse media findings, Sanctions link, Tax red flags etc.
• Determine and advice the frontline if other searches are needed to supplement those already done for Account Opening.
• Advise on PvB CDD policy and procedures and applicable local laws and regulations
• Advise on and escalate higher risk relationships and reputation risks arising from CDD to Compliance or Local Client Committee (LCC)
• Consultation with functional experts (i.e. Legal, Compliance, Financial Crime compliance) as needed
• Contribute to the implementation and controls for daily processes and assist with the update of procedures
• Leverage on expertise and train the frontline in order to produce high quality SOW and complete Account Opening Pack to avoid reworks and to aid in faster turnaround time.
• Comply to agreed Turn Around Times for assigned activities as detailed in the Document Operating Instructions and the Service Level Agreements
• Promote the spirit of continuous improvement by flagging any procedural issues that impact delivery of responsibilities with suggestions improvements and work around.
• Provide a final recommendation to proceed/not proceed on accounts submitted for Account Opening or Account Maintenance.

Business

• Private Banking Operations - Bangalore

People and Talent

• 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

Risk Management

• Execution responsibility for identifying, assessing, monitoring, controlling and mitigating financial crime risk, sanctions risk and reputational risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them

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.
• Lead the Country Private banking Client Acceptance and review unit to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• PvB Market and Business Heads
• PvB Relationship Managers, Team Leaders and Client Services Managers
• PvB Heads of Compliance and Compliance teams
• Financial Crime Compliance network
• Country On-boarding Team.
• CoE Team Leaders

Other Responsibilities

• Embed Here for good and Group's brand and values in XXXX [country / business unit / team],
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Our Ideal Candidate

• Adequate knowledge and understanding of regulatory requirements relating to CDD/AML and internal procedures
• Minimum 5+ years relevant experience in AML/KYC and/or client onboarding, from banking and/or financial services sector with a focus on private banking clients, including corporate
• Compliance knowledge applicable to the Financial Services industry, including relevant professional certification on AML/CFT
• Excellent verbal, presentation and written communication skills
• Ability to think globally / see the overall picture and multi-task
• High level of integrity and professionalism
• High attention to detail

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our . We welcome conversations on flexible working.