Standard Chartered India | Manager

Responsibilities

• Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
• 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.
• 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).
• Contribute to the implementation and controls for daily processes and assist with the update of procedures.
• Comply to agreed Turn Around Times for assigned activities as detailed in the Document Operating Instructions and the Service Level Agreements.
• Provide a final recommendation to proceed/not proceed on accounts submitted for Account Opening or Account Maintenance.
• Execution responsibility for identifying, assessing, monitoring, controlling and mitigating financial crime risk, sanctions risk and reputational risks to the Group.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and 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.

Qualifications

• 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.
• Expertise in source of wealth and source of fund.
• 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.

Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa and the Middle East. It was formed in 1969 through the merger of Standard Bank and The Chartered Bank.

Its Indian global business services centres hire finance professionals for financial control, stress testing, regulatory reporting, tax and risk roles.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Present in India for over 150 years, with global business services centres in Bengaluru and Chennai