Senior CDD Advisor

Job description / Role

Job Description

We are seeking a Regional AML/CDD Advisor - Corporate & Institutional Clients MENAP & Africa to join our team in Dubai, UAE or Johannesburg, South Africa. This new role provides advice on AML and sanctions risks related to all Corporate & Institutional Clients in the region subject to Enhanced Due Diligence and Specialized Due Diligence under the WB, Customer Due Diligence (CDD) procedures and policy, including PEP and sanction affected entities, at customer acceptance and periodic customer review.

Key Roles & Responsibilities

The role holder supports the Financial Crime Risk management framework in Corporate & Institutional Clients, to be delivered through:
*advice on CDD policy
*advice and escalation of higher risk relationships
*testing compliance with policy in the region

In support of this framework, the role holder must contribute to:
*assessing risks arising from specific clients and managing those risks in the interests of the Bank;
*working with country compliance teams to ensure that the CDD procedures remain up-to-date and in compliance with laws and regulations in relevant countries;
*the training of teams in the Corporate & Institutional Clients that are responsible for CDD in the first line and establishing a feedback loop to support continuous improvement;
*advising on the Bank's sanctions risk management framework as it applies to client relationships;
*ongoing testing of compliance with the CDD procedures.

Leadership and management:
*Supports efforts to position the Bank as an industry leader in the eyes of regulators and industry stakeholders.
*Works with country and Group resources to deliver advisory and testing objectives, including 'virtual team' members within the region.

Knowledge development and information management:
*Offers subject matter expertise, drawing on FCR networks, professional qualifications and experience.
*Ensures effective escalation within the Bank.

Partnership:
*WB Legal and Compliance network
*Financial Crime Compliance network and Operations
*Regional Corporate & Institutional Clients Management
* Corporate & Institutional Clients Audit
*Regulators
*Peers in other banks.

The Regional AML/CDD Advisor will have the authority under Group procedures to instruct the business / functions to take action, including in relation to:
*The approval of a new client relationship;
*Additional risk mitigants;
*Enhancements required in first line controls;
*The review of an existing client relationship;
*Rectification.

Closing Dates

The closing date for applications is 29/07/2014 . 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

You will have gained experience in a bank, leading regulator or a professional services firm in:
*AML advisory
*AML surveillance
*Enhanced due diligence services/CDD
*Wholesale Banking products including capital/global markets, corporate finance etc

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.