Specialist - Corr Banking Financial Crime
- Standard Chartered
- 5 to 8 Yrs
- Mumbai
- 3 years ago
- Email to a friend
- Report this job
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. Its 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. Were 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 ResponsibilitiesProvide subject matter advice regarding regulatory affairs including Financial Crimes and Sanctions risks related to Correspondent Banking ( CB ) Due Diligence for global CB clients and non-CB clients for the Europe and Americas Region. Propose control improvements, enhancements and simplifications related to the CB Customer Due Diligence ( CDD ) process. Analyze and interpret data to produce reports that help the bank identify and manage emerging areas of risk / vulnerability and thus drive remediation action within the Financial Crime Compliance ( FCC ) function. Review and assess the Anti-Money Laundering ( AML ) risk for CB relationships escalated to FCC. Perform business impact assessment of new laws and regulations. Provide subject matter expertise to advise and guidance on all Bank Secrecy Act/AML laws, rules, and regulations. Support the Annual Review of Politically Exposed Person (PEP) for the Americas and Europe. Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management. Support the alignment of relevant systems and controls to industry best practice and close out any compliance gaps. Assess risks arising from products / segments / geographies / customers / transactions. Interpret regulatory rules or rule changes and ensure that they are communicated through corporate policies and procedures. Recommend changes to company procedures in response to changes in regulations or standards.Candidate RequirementsMust have a Bachelor s degree or foreign equivalent in Business Administration, Finance, Economics or a related field plus five (5) years of progressively responsible experience as Specialist, Correspondent Banking FCC Team, or a related position. The employer will accept a Master s degree in meeting the Bachelor s degree requirement. Must have five (5) years of experience working in multinational institution in all of the following: Risk governance frameworks and processes applicable to Correspondent Banking, including Customer Due Diligence/Know Your Customer risk assessment and money laundering; Maintaining compliance with Bank Secrecy Act, Office of Foreign Assets and Control, Her Majesty s Treasury, Comprehensive Iran Sanctions, Accountability and Divestment Act (CISADA), and Suspicious Activity reporting requirements; Analyzing International markets and financial crime risks associated with the Middle East, Africa, Greater China, Asia, Europe and Americas; Performing Surveillance including name screening/ monitoring; Reviewing and assessing Anti-Money Laundering risk for Correspondent Banking relationships; and Analyzing Corporates and Financial Institutions and Correspondent Banking products. Must have license in International Compliance Association (ICA) Specialist in Correspondent Banking Certification.HOURS: Full time; Mon Fri (40 hours per week) EOE.
CONTACT:Please email resumes to SC***********A@**.com and indicate job code: 4445105
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 career pages . We welcome conversations on flexible working. ,Employement Category:
Employement Type: Full timeIndustry: Banking / Financial Services
Role Category: Finance / Accounts / Tax
Functional Area: Not Applicable
Role/Responsibilies: Specialist - Corr Banking Financial Crime
Contact Details:
Company: Standard CharteredLocation(s): Mumbai
+ View Contact
Fraud Alert to job seekers!
₹ Not Specified
Job Listings
We are in open beta version of website, please let us know if any issues, at: info(at)indigojobs.in
