• Job Description

  Req#: 292534
  !*!

  The Role Responsibilities

  Job Role

  • Understanding of global and local regulatory policies and process governing AML CDD KYC for CRS, FATCA and CKYC for various tracking engines and regulatory reporting.
  • Tracking all AML CDD CRS and FATCA group and country remediation’s and initiatives across retail and business banking segments.
  • Managing the daily AML CDD FATCA, CRS, CKYC reconciliation and reporting.
  • To ensure that scheduled jobs are successfully run, and analytics / reporting data aligned to timeliness / completeness requirements.
  • Identify and participate in process reengineering and redesign to achieve better controls, compliance and efficiency on the CRS-FATCA-CKYC side.
  • Support audits by Regulator IRS, RBI, CERSAI, CBDT and Internal Audit (IA), and any other special audits.
  • Ensure business alignment to relevant systems as required to achieve desired operational and regulatory outcomes.
  • Contribute towards departmental requirement to adhere to strict regulatory and compliance requirements, per IRS and SCB policy.
  • Engagement with frontline, operations, vendor and group for completion of AML CDD CRS, FATCA and CKYC regulatory activities including closure of system trigger alerts. (Enhance Review (ER), Electronic Search (ES), Change in Circumstances (CinC), Repapering, etc).
  • Ensure continued compliance with policies, procedures and risk control requirements through application of consistent group practices in CDD / AML.
  • Ensures sufficient training and operational guidance are provided to business, operations, frontline, CDD teams in relation to understanding end to end Clients AML CDD, CRS, FATCA, CKYC policies and procedure standards.
  • Ensure AML CKYC requirements are adhered and completed with the stipulated timelines / SLA in accordance with established regulatory procedures and standards.
  • Support relevant system id creation, password reset, digital signature procurement, etc.
  • Ability to act as a change agent for organization and support AML CDD CRS, FATCA and CKYC system integration, DOI / Process note roll outs and enhancement supposed to be delivered through Group / Country driven projects.
  • Ensure all client escalations issues are addressed in timely manner, including client communication to meet regulatory requirements.

  Strategy

  • Awareness and basic understanding of India PMLA, CKYC, Client Taxation (CRS and FATCA) Regulations.

  Business

  • Awareness and understanding of the wider business, economic and market environment in which these Regulation operates.

  Processes

  • Responsible for executing and supervising CKYC, CRS and FATCA processes.

  Risk Management

  The ability to interpret applicable Regualtion, identify key issues based on this information and put in place appropriate controls and measures.

  Governance

  • Effective governance, oversight and controls on the CKYC, CRS and FATCA side.

  Regulatory and Business Conduct

  • Display exemplary conduct and live by the Group’s Values and Code of Conduct.
  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Lead the to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.

  Our Ideal Candidate

  • Graduate
  • Basic understanding and working knowledge of AML CDD. Client tax reporting (CRS - FATCA) and CKYC is desirable.
  • Strong MS Office skills particularly Excel.
  • Self-starter, Quick learner with excellent communication skills, team orientation, and ability to work with counterparts in different areas of organization.
  • Ability to Influence Senior Stakeholders and Client-Facing experience.
  • Highly motivated, self-starter, able to thrive in fast moving, high energy environments.
  • Client-focus, team player and highly organized.
  • Must be willing to travel 30%+ of the time.
  • Analytical thinking and logical reasoning for rational decision making.

  Languages

  • English, Hindi

  Role Specific Technical Competencies

  • CKYC
  • CRS
  • FATCA
  • Excel

  ­About Standard Chartered

  We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.
  
  Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:

  • Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
  • Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

  In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

  • Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
  • Time-off including annual, parental / maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
  • Flexible working options based around home and office locations, with flexible working patterns
  • Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
  • A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
  • Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

  Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

  Visit our careers website www.sc.com/careers

• About the company

  Read our interaction guidelines: https://www.sc.com/en/interaction-guidelines.html

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