Regional CDD Advisor

Job description / Role

Regional CDD Advisor - Shape the way we identify financial criminals!

At Standard Chartered, emerging markets are the places we call home. 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 is the most profitable industry in the world. It's funding terrorist activities and fueling drug epidemics world-wide, supporting slavery and proliferating weapons of mass destruction. It affects all of us. We are committed to helping the communities we call home overcome the repercussions of financial crime. So they can continue to emerge and grow sustainability. We are committed to helping the communities we call home overcome the repercussions of financial crime. So they can continue to emerge and grow sustainability. We believe that together we can lead the way in the fight against financial crime. That's our vision.

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

The role holder supports the Financial Crime Compliance 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

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

Partnership:
* CIC 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 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.

Requirements

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
* Corporate and Institutional Clients products including capital/global markets, corporate finance.
* You ideally have professional compliance and AML qualifications.

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 solve important problems that make a big difference? Apply now.

Closing Dates
The closing date for applications is 07/06/2015 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 and 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.