Job closed
Ref: HP048-679
Job description / Role
- To organise, oversee, manage and execute the regional financial crime intelligence operations for Transaction Surveillance (TS) and Customer Screening (CS) for UAE and Transaction Surveillance across Middle East countries where Detica has been implemented.
- The role holder is accountable for the professional investigation of cases identified from any source (internal whistle blowing, external escalation, transaction surveillance, compliance monitoring, assurance or audit activities, etc), and to:
- Manage day to day management of FCC transaction surveillance / FCC related activities for UAE.
- Ensure that minimum productivity, TAT and quality targets are achieved.
- Maintaining Country watch lists.
- Responsible for filing SAR to local authorities post FCC review.
- Examining transactions across region linking up pockets of suspicious activity or intelligence to provide a consolidated/coordinated view of an FCR issue.
- Development of proactive regional intelligence capability able to predict significant FCC events that may impact the franchise, research these issues, map the relationship/transactional impact, escalate and report findings ahead of time.
- Providing investigative research support to advisory teams as a due diligence measure on highest risk customers.
- Review and understand (gaining expert knowledge in the process) of country laws and regulations of the Middle East countries that the Dubai hub will serve.
- Ensure significant issues identified are reported and escalated in a timely manner.
- Ensure regulatory requests relating to AML are promptly attended to.
- Familiarize with the Bank's businesses, products, procedures, organizational structure and internal money laundering requirements.
Requirements
- Educational background - degree / post graduate level.
- Experience in the financial services industry, preferably in relation to AML Surveillance processes.
In relation to Anti Money Laundering the job holder should demonstrate:
- Experience of FCC (or departments related to combating Financial Crime) and business activities in general and have access to all business information relevant to his/her role.
- Have a good knowledge of the Group, the Policies, Procedures and Standards relating to Financial Crime Compliance, as well as knowledge of the local regulations and legislation on AML/CTF and sanctions.
- Strong analytical and decision making skills. Strong responsibility and organisation skills. Excellent negotiation and communication skills - written and verbal including presentation skills. Strong learner, intellect and relater.
- Good judgement. Excellent collaborative and team playing skills. Diplomacy, empathy and a 'can-do attitude'. Politeness, sensitivity and the ability to gently, but professionally stand your ground when needed.
- An inquisitive approach to practices, procedures and specific transactions. Personal authority and integrity, Independence, creativity, resourcefulness, resilience and integrity.
- Sound working knowledge of MS Office suite particularly Word, Excel and PowerPoint.
- Must possess ability to assess risk , excellent interpersonal skills and multi-cultural awareness and sensitivity.
- Understanding of the key features of relevant FCC laws and regulations that affect the Group.
- Good knowledge of banking products and support structure, strong written and verbal communication skills; general operational knowledge.
- Minimum 3 years all round banking experience.
- Subject matter knowledge on KYC, AML / AML Certification.
- Team player.
- Knowledge of Core Banking system & other transaction & customer related systems, & AML systems.
- Good judgment. An inquisitive approach to practices and procedures.
- Ability to determine the appropriate course of action in resolving issues & escalation to appropriate authority.
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.