Sanctions Analyst

Job description / Role

Sanctions Analyst - Help us fight Financial Crime

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 fuelling 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 sustainably. We believe that together we can lead the way in the fight against financial crime. That's our vision.

Job Description

The Sanctions Analyst will work with the Sanctions Compliance Operations Manager for the MENAP region to support sanctions compliance operations including; (cash and trade) transaction review and escalation within transactional systems, support to the business on payment related queries, support to the team in terms of metrics collection and transactional investigation.

Key Roles and Responsibilities:
* Assist the Regional Head of Sanctions - MENAP, and the Senior Sanctions Advisor - Sanctions Compliance Operations in overseeing the regional compliance responsibilities for Sanctions
* Review, process and disposition sanctions alerts escalated to Financial Crime Compliance (""FCC"") from transactional activity
* Advise on specific actual and proposed transactions from the business
* Provide advice on Sanctions compliance issues that arise through the business and country compliance functions
* Provide client-based and transaction-based support to the businesses to countries across the region
* Be updated on current events, regulatory issues and new and changing sanctions regulations, in country, in the UK and the US, and internationally
* Evaluate and monitor existing procedures and develop new procedures, systems and controls as required in line with current Sanctions Compliance requirements
* Escalate immediately to Regional Head of FCC and Global Sanctions Advisor any material breaches or potential breaches of sanctions laws, regulation or Group procedures
* Engage in specific sanctions related projects where required
* Assist with local countries' list management as required
* Assist with transactional investigations as required
* Evaluate and advise on reputational and sanctions risk arising from customers and transactions

Leadership and Management
* Display leadership and teamwork to the operations teams in countries and in regional processing hubs
* 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
* Work closely with the other members of the Regional and Group's sanctions compliance team.
* Support management in meeting its compliance obligations as outlined in the Group's Sanctions Policy relating to identification of suspicious activity.
* Provide support and assistance to the business lines and Country and Regional Compliance Officers on the implementation and operation of the Sanctions Compliance systems
* Support sanctions advisors in other regions

Requirements

* You will have a minimum of 3-5 years solid Sanctions experience.
* Experience with trade payments
* Risk based approach to work
* It would be highly desirable if you had any relevant qualifications / certifications within FCC e.g. ACAMS etc

Closing Dates
The closing date for applications is 27/07/2015. 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.