Specialist, Surveillance & Screening

Job description / Role

Job Description
* The position is sought for the regional hub for Financial Crime Intelligence Operations being set up in Dubai, UAE to serve all countries in Africa where Detica SCS (Transaction Surveillance System) is being implemented. The FCIO hub in UAE will act as a second level review team for Cases escalated from first-level reviewer teams in Chennai. The hub is expected to closely work with country Compliance / FCC and Business teams and deliver seamless FCIO capabilities;
* To assist management in ensuring that the Business in SCB locations in Africa and UAE (hub) operates in accordance with all legal and regulatory requirements and all Group standards relating to anti money laundering and sanctions, so as to protect and enhance the reputation of the Bank with its regulators and avoid significant financial loss or reputational damage; and
* Handle the suspicious or unusual customer activities escalated by the AML TS & CS Units in Chennai or reported by staff in-country.

Key Roles & Responsibilities
* Supporting the day to day management of FCC transaction surveillance for Africa. This is broader than AML surveillance and will include public domain search, assist in the development of Country Financial Crime profiles of countries in Africa that the Dubai hub will serve;
* Maintaining the internal watchlists for Africa and providing this information to the Senior Manager - FCIO Africa, on a monthly basis through the secured FCIO website or other specified methods;
* Assist with the liaising with relevant law enforcement authorities and peer institutions in relation to FCR intelligence matters i.e assisting in the submission of SARs (Suspicious Activity Reports). At times, the Analyst may have to prepare the SAR form for the Country MLRO to consider for filing;
* Help exam transaction surveillance across the region, linking up pockets of suspicious activity or intelligence to provide a consolidated/coordinated view of an FCR issue;
* Providing assurance around case management system (quality of data, input discipline, sufficient coverage of all FCR activity streams). This includes the QA to be done on Transaction Surveillance etc;
* Reviewing of the Alerts flagged in CMR and assessing them against the CDD records carried by the Bank (or co-ordinate with the countries to obtain this information / documentation) to carry out an investigation and clearing and closing on a timely basis;
* Collection /Collation/Analysis of accurate FCR metrics data for the countries served, such as Cases, Alerts and SARs and providing this information on a timely basis to the Senior Manager - FCIO Africa;
* Assist in the day to day management of approved vendors in region in order to provide necessary information on entities etc such as Dun and Bradstreet, if any;
* Help provide training on transaction surveillance and respond on a timely basis to queries from the stakeholders involved i.e. colleagues in Chennai and the Business;
* Review and understand (gaining expert knowledge in the process) of country laws and regulations of the African countries that the Dubai hub will serve;
* Develop technical knowledge of systems to enable review of data mapping etc and work closely with country Business / Compliance teams and Chennai AML technology teams;
* Support Senior Manager - FCIO Africa in developing controls and procedures relating to transaction surveillance, customer screening and suspicious activity reporting. Support the operation of such controls and procedures and keep the procedural manual up to date;
* Undertake quality assurance role of transaction surveillance & customer screening to identify suspicious activities and assist in preparation of SAR filing where necessary;
* Ensure significant issues identified are reported and escalated in a timely manner;
* Ensure regulatory requests relating to AML are promptly attended to;
* Assist Senior Manager - FCIO Africa in implementing and maintaining the Transaction Surveillance & Customer Screening system used by the unit;
* Familiarize with the Bank's businesses, products, procedures, organizational structure and internal money laundering requirements;
* Uphold the Values of the Group at all times;
* Offer general support and cover to the FCIO MENAP and Africa Team; and
* Ensure that minimum productivity, TAT and quality targets are achieved.

Requirements

* Educational background - degree / post graduate level. CAMS certification will be highly preferred; and
* Experience in the financial services industry, preferably in relation to AML Surveillance processes in Africa.

In relation to Anti Money Laundering the job holder should:

* Experience of FCR (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 Risk, 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. Ability to work independently with minimal supervision and to complete tasks in timely manner. Self-motivated and self-reliant, with the ability to provide practical and effective advice. Inclusive style and good listening skills are required. Being able to accept challenge, listen to the other point of view and adapt your approach accordingly is essential;
* 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 FCR 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 5 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, & DETICA AML systems;
* Good judgment. An inquisitive approach to practices and procedures; and
* Ability to determine the appropriate course of action in resolving issues & escalation to appropriate authority.

Closing Dates
The closing date for applications is 30/04/2015. 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.

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.