Customer Due Diligence (CDD) Controls Manager

Job description / Role

Customer Due Diligence (CDD) Controls Manager - Help us fight Financial Crime

The Customer Due Diligence (CDD) Controls Manager supports the Regional Head of CDD Controls in the area of CDD; ensuring that the countries are in compliance with the procedures, and managing the related risks which arise from specific clients, as well as ensuring effective escalation of the higher risk relationships.

Overall Responsibilities
* Provide subject matter expertise, drawing on Financial Crime Compliance (FCC) networks, professional qualifications and experience to advise on CDD policy, escalation of higher risk relationships and testing compliance with policy in the region
* Advise on the Bank's sanctions risk management framework as it applies to client relationships
* Assess risks arising from specific clients and managing those risks in the interests of the Bank
* Undertake hubbed CDD review activity
* Review Politically Exposed Persons ("PEP") files and sensitive client files
* Integrate data across processes managed in controls relevant to the CDD review
* Escalate issues requiring business rejection/restriction
* Conduct ongoing testing of compliance with the CDD procedures
* Support efforts to position the Bank as an industry leader in the eyes of regulators and industry stakeholders

Knowledge Development and Information Management
* Train teams in the region that are responsible for CDD in the first line and establishing a feedback loop to support continuous improvement
* Ensure effective escalation within the Bank

Stakeholders Relations
* Work with region and Group resources to deliver advisory and testing objectives, including 'virtual team' members within the region
* Work with Segments and Product FCC to escalate issues appropriately with the business at a portfolio level

Requirements

* The role holder needs to possess knowledge of the laws applicable to money laundering, to include the Bank Secrecy Act ("BSA"), Office of Foreign Affairs Control (""OFAC"")/Her Majesty Treasury ("HMT") requirements, Comprehensive Iranian Sanctions, Accountability and Divestment Act ("CISADA"), and Suspicious Activity Report (SAR) requirements.
* You will have extensive CDD experience within Corporate Banking.
* You will have experience working with an international bank.
* You will have strong stakeholder management skills.
* You will have an excellent attention to detail.

Because we have a big vision, there's a lot to do. We need people who are comfortable with the unknown and passionate about building something for the long term. If impact is your ultimate goal then there never was a better time to join us because the work that you do will influence the direction that we take.

Are you ready to stop financial crime and make a social impact? Apply now.

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.