Customer Sanctions Review Senior Analyst

Job description / Role

Customer Sanctions Review Senior Analyst - Join us in the fight against Financial Crime!

The Customer Sanctions Review (CSR) Analyst will work with the MENAP Head of Financial Crime Investigations to provide support to the Sanctions Team in managing the overall sanctions compliance framework.

The CSR Analyst will work closely with both Operations and front line Relationship Managers to undertake investigations on Standard Chartered Bank "SCB" customers when certain sanctions risks or red flags are identified. The Analyst will need to make risk based recommendations regarding the outcome of a client investigation and clearly articulate and document all relevant findings to the Sanctions Advisory team.

Overall Responsibilities
- Assist the Regional Head of Sanctions, MENAP by working with the Head, Financial Crime Investigations to review and investigate SCB client relationships upon trigger events
- Review information available to the analyst both internally and publically in order to evaluate the risk that client poses to SCB.
- Using all of the information gleaned from the review, make risk based recommendations regarding the client relationship, and clearly document all findings.
- Escalate immediately to Sanctions Advisor any material breaches or potential breaches of sanctions laws, regulation or Group procedures
- Engage in specific sanctions/ other investigation related projects where required
- Ensure that CSR Management Information is accurate and reported on a timely manner
- Escalate any build up of investigations / backlogs in a timely manner to ensure expectations and risks are managed where appropriate
- Prioritize work volumes using a risk based methodology
- Keep abreast of current events, regulatory issues and new and changing sanctions regulations, in country, in the UK and the US, and internationally

Leadership and Management
- Display leadership and teamwork to the outsourced Operational processing hubs which CSR regularly interacts with
- Exhibit leadership and teamwork when dealing with business colleagues across the region, who are the internal clients for sanctions-related advice and assistance

Stakeholders Relations
- Support Sanctions Advisors and Country sanctions contacts in other regions on client investigations
- Converse well with Relationship Managers, working closely with them in order to resolve investigations timely.
- Build relationships with the Global Services Shared Center and Cash Management Operations in order to improve efficiency.

Requirements

- Strong analytical and research skills
- Investigations background
- FCC experience and Sanctions awareness

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.