Job closed
Ref: HP048-338
Job description / Role
Why Standard Chartered?
Standard Chartered is a leading international banking group operating for over 150 years in Asia, Africa and the Middle East. We've built a successful and sustainable business by playing a fundamental role in economies, helping people and businesses grow and achieve their aspirations. With over 89,000 employees representing 127 nationalities, we value the diversity and unique perspectives amongst our people. We are committed to developing their strengths and enabling them to make a difference to our success by helping them fulfil their potential.
Job Description
The primary purpose of this role is to undertake to manage a an effective team for independent reviews of all account opening and Periodic review assurance on documentation to ensure that Bank policies and procedures are complied with at all times.
Key Roles & Responsibilities
1. To Ensure team undertakes Account Opening Documentation for both existing and new client
2. Act as the key point of contact for front line staff providing coaching and consultation services on CDD policies and procedures as they apply to new accounts/amendments as detailed above.
3. Manage the failure to comply with Group CDD policies and procedures by following approved escalation processes with discipline and with the back up of accurate and detailed information.
4. Implement new policies and procedures when instructed by compliance/Unit Head, ensuring that documentation and MIS is amended accordingly, Manage the communication of the change to the Front Office and Network Teams.
5. Identify procedural issues that impact on the turn around times achieved in the department. Report to Head of Middle Office, New Accounts, Dubai and work towards providing a solution in respect of the problem identified.
6. To be fully conversant with the Bank's anti-fraud and anti money laundering procedures.
A) Participation in AML/CDD and Sanctions awareness training to develop a through understanding of the key components in preventing money laundering, terrorist financing and sanction breaches
B) Maintain an ongoing awareness and consideration of AML ""Red Flags"" of suspicious activity in order to determine when it is appropriate to raise a suspicious activity report with the Money Laundering Reporting Officer.
7. To work closely with our Compliance team. When presenting our compliance colleagues with a query to provide a detailed chain of events and make suggestions as to how to overcome the identified obstacle working in conjunction with the PvB CDD Guidelines.
8. To display the SCB values when assisting our colleagues, RM,CSM Network RM's CSM's.
9. To maintain an up to date MO, New Account, spreadsheet ,deferral cases in an orderly accurate manner on a daily basis
10. To provide MIS reports when and as required to Unit Head/Business Analyst.
11. Complete and accurate record keeping of all relevant communication with internal stakeholders in relation to the accounts that being reviewed / processed
12. Comply to agreed Turn Around Times for assigned activities as detailed in the Document Operating Instructions and the Service Level Agreements
13. On occurrence, identify procedural issues that impact delivery of responsibilities with suggestions improvements and work around.
14. Liaise with necessary frontline, counterparts and stakeholders across various Standard Chartered locations.
15. To maintain an ongoing awareness of new policy and procedure roll outs, especially that of AML/CDD
How To Apply
Please apply online. To help speed up your application, please note the following:
- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role
- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application
It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.
Closing Dates
The closing date for applications is 09/04/2014. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.
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
The successful candidate will be able to demonstrate:
1. Excellent knowledge of the Bank's Client Due Diligence policies and procedures;
2. Good working knowledge of Microsoft standard desktop packages;
3. Good communication skills and an ability to interact effectively at all levels of the organisation.
4. Strong customer service mentality with an appreciation of how this applies to both internal and external clients.
5. Good knowledge of core systems and the end to end account opening process.
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.