Research and Due Diligence Analyst

Job description / Role

Research and Due Diligence Analyst, Africa and Middle East (AME)

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.

This Dubai based role is a hands-on opportunity to provide intelligence analysis support for research and due diligence in the Financial Crime Intelligence & Investigations Unit. The role holder will undertake complex research and analysis based on internal and external risk data (such as risk metrics, suspicious activity reports ("SARs"), non-compliant transactions ("NCTs"), Production Orders ("Pos"), adverse media and emerging typologies) to produce assessments, intelligence reports and briefing notes across all segments in the region.

It will include supporting activity of Correspondent Banking Onsite Due Diligence Team ("CBODDT") by preparing and delivering client insight reports for Middle East. In addition, the successful candidate will keep abreast of emerging financial crime risks in the region and report on these to relevant stakeholders.

Key Roles and Responsibilities
* Provide subject matter expertise on Financial Crime Intelligence, drawing on financial intelligence and law enforcement networks, professional qualifications and experience
* Continual monitoring of the external environment through various internal/external sources and the media to identify financial crime risks which may potentially impact the bank. Map and assess those risks, quantify the potential impact and escalate where necessary
* Undertake complex research derived from multiple sources, both internal and external to SCB (to include business, operations, compliance, open source web searches, domestic and international regulatory bodies) to produce both strategic and tactical intelligence products
* Deliver financial crime due diligence research to support visits made by Correspondent Banking Onsite Due Diligence Team
* Working with key stakeholders to generate proactive projects in which large internal datasets (including client static data and transactions) are analysed to identify financial crime risk through patterns, trends and typologies.
* Support specialized intelligence assessments and analysis of clients, countries and products through examination of transactions, production orders, subpoenas, warrants and other internal datasets
* Interpret numerical information including patterns and trends
* Maintain local/regional internal watchlists
* Support efforts to position the Bank as an industry leader in the eyes of regulators and industry stakeholders

Leadership & Management
* Support United Arab Emirates (UAE) Financial Crime Investigations and Intelligence Unit (FCIIU) to be viewed as an industry leader
* Manage key stakeholders who receive intelligence product

Knowledge Development and Information Management
* Maintain and ensure the suitability and quality of case data maintained on enterprise case management systems
* Identify and research key intelligence data from multiple internal and external sources and then collate, grade and disseminate to various stakeholders across the Group so that appropriate action can be taken. This may include enhancing watchlists and setting desired procedural outcomes for front office to follow should a match occur and tuning detection scenarios

Stakeholders Relations
* Generate intelligence products that build and develop the profile of the UAE FCIIU across all key stakeholders
* Manage law enforcement outreach and outreach to peer banking institutions on intelligence

Requirements

* Preferrably to possess CAMS qualification
* Should possess prior experience in regulatory, law enforcement, military or a commercial (e.g. research / vendor/media) intelligence environment
* Has research background
* Has curiosity and Investigation mindset
* Ability to write reports

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.