Financial Crime Compliance Controls Senior Analyst

Standard Chartered Bank - UAE

UAE

Ref: HP048-912

Job description / Role

Employment: Full Time

Financial Crime Compliance Controls Senior Analyst (Africa & Middle East)

For over 150 years we've been banking the people and businesses contributing to growth in Asia, Africa and the Middle East. With more than 90,000+ employees representing 133 nationalities, everything we do is founded in our brand promise of being Here for good.

Financial crime affects all of us; and the impacts are negative and far reaching. We are committed to helping communities overcome the repercussions. We believe that together we can lead the way in the fight against financial crime. That's our vision.

Supports the Regional Financial Crime Compliance (FCC) transaction monitoring and screening framework appropriate to the Region's Anti Money Laundering (AML)/Combating financing Terrorism (CFT) risks. In addition he/she will be providing support in the implementation of FCC operational risk framework, FCC projects in country and responding to AML inquiries internally and externally.

Key Roles and Responsibilities:
* Ensure that regional significant investigations are concluded internally and externally where relevant
* Accountable for regional level case management data entry and assurance and escalating significant issues to Senior Manager, FCC Controls
* Manage alerts/cases/Suspicious Activity Reports (SARs) as part of transaction surveillance (TS) in Detica
* Manage alerts from customer match reports (CMR) and dynamic risk rating and escalation to region
* Perform Quality Assurance (QA) on CMR alerts closed by Country FCC along with QA on TS cases closed by Country FCC.
* Manage escalations from the business
* Manage escalations based on customer screening alerts
* Help provide training on TS 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
* 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, FCC Controls in developing controls and procedures relating to TS, 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;
* Manage production orders escalated to Country FCC
* Investigate alerts generated from FCC system or staff escalation
* Report where appropriate to the relevant authorities
* Propose risk management responses in relation to clients subject to findings of concern from investigations
* Assist and advise junior members of the team on FCC matters and investigations.
* Ensure names are added to the watch lists on a timely basis
* Manage Credit card monitoring alerts
* Assist in dealing with cases coming in and being sent via the Intel Exchange process
* Dealing with Customer Sanction Review alerts

Leadership and Management
* Manage an integrated process including work by analysts in the Group's Shared Services Centres

Knowledge Development and Information Management
* Share high profile cases with Senior Manager, FCC Controls and Head of Financial Crime Intelligence Unit to develop typologies and other materials to improve controls

Stakeholder Relations
* Group Technology Operations
* Operational Risk

Requirements

* Experience in Financial Crime Compliance
* Analytical mindset
* Excel knowledge
* Understanding Risk
* Very good communication Skills

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.

Get personalised updates on latest vacancies
Job Alerts by Email
  • Personalised updates on latest career opportunities
  • Insights on hiring and employment activity in your industry
  • Typically sent twice a month
Clerk salaries in Bahrain

Average monthly compensation
BHD 450

Breakdown available for industries, cities and years of experience