Compliance Manager, Private Bank

Job description / Role

Job Description
The role holder is required to both advise on new accounts and also conduct periodic reviews in line with the requirements set out in the Private Bank Customer Due Diligence (CDD) procedures.

Key Roles & Responsibilities
The role supports the PvB Head of Compliance to deliver overall, appropriate CDD management and maintenance of standards in the Private Bank:

Specifically, the candidate must:
* 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
* test compliance with and assurance of policy and standards in country relating to CDD

The candidate must actively contribute to:

* assessing CDD risks arising from specific clients and advise the business on management and mitigation of those risks in the best interests of Private Bank and being Here For Good

* a collaborative working relationship with the Private Bank and the country Head of FCR to ensure that local CDD procedures remain up-to-date and in compliance with local laws and regulations in country;

* the training of teams in the Private Bank that are responsible for CDD in the first line of defence and establishing a feedback loop to support continuous improvement and awareness;

* ongoing testing of compliance with the PvB CDD procedures and applicable local laws and regulations

Leadership and management

* Supports efforts to position the Bank as an industry leader in the eyes of the relevant regulators and industry stakeholders as Here For Good

Knowledge development and information management

* Offers subject matter expertise, drawing on all FCR networks, professional qualifications and experience.
* Ensures effective escalation within the Bank to the right stakeholders.

Partnership
* Legal and Compliance network
* Financial Crime Risk network
* Country compliance network
* Audit
* Regulators
* Peers in other banks.

How To Apply
Please apply online. To help speed up your application, please note the following:

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Diversity & Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.

Requirements

Qualifications & Skills

Knowledge
* Solid understanding of regulatory requirements and internal procedures and how they inter-relate.
* In depth understanding of the day to day operations of PvB's systems and processes in each country

Experience

The PvB country CDD Advisor ideally has experience in one or more of:
* CDD advisory
* AML Advisory
* Compliance and legal
* Customer due diligence services gained in a bank, leading regulator or a professional services firm.

Skills
* Ability to work using own initiative and with a high degree of independence
* Good relationship building skills
* Solid analytical and research skills
* Excellent written and verbal communication skills

Behaviours
* High level of integrity and professionalism
* High attention to detail

About the Company

Standard Chartered Bank started in 1958 in UAE with its first branch in Sharjah. The Group’s business gradually increased in Dubai with the opening of several branches and today, Dubai is the administrative hub of the Middle East and South Asia Region. In its 43rd year, the Bank enjoys the position of having the most extensive branch network among foreign international banks in UAE with 10 branches emirate-wide.

Standard Chartered is an international bank, focused on the established and emerging markets of Asia, Africa, the Middle East and Latin America with an extensive global network of more than 600 offices in over 50 countries. The three principal business groups are Global Markets, Personal Banking and Corporate and Institutional Banking.

In UAE, we are one of the leading banks, offering an extensive range of products and services for personal customers, local companies, multinational corporate and financial institutions.