• Job Description

  Req#: 28166

  Job Summary

  • Review and investigate all transaction alerts generated by Transaction Monitoring System as per defined policy and procedure.
  • Perform investigation on Unusual Activity Report received.
  • Due diligence and background check on suspicious cases.
  • Timely escalation to next level, Financial Crime Compliance for action.
  • Regular update on procedures in accordance to the guidelines set by the Group and regulators.
  • Ensure proper CAD management.
  • Timely and accurate management information reporting.

  Key Responsibilities

  The Transaction Monitoring Analyst main responsibility relates to the investigation of daily transaction monitoring alerts, raising Unusual Activity Referrals and reporting where required.

  Strategy

  • Identifying AML risks and vulnerabilities

  Business
  Experience in investigation of daily transaction monitoring alerts/cases. Sound understanding and working knowledge of the AML/CTF program

  Processes
  Manage and/or resolve alerts/cases - Follow the Non-Correspondent Banking DOI to process risk events in line with Assess, Analyse, Act (AAA) process

  People & Talent
  Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm

  Risk Management
  Analyse significant financial crime risk events (e.g. non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally across all relevant jurisdictions

  Governance
  In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management are informed and that actions are taken quickly to remediate and/or activities are ceased. Support all control checks undertaken by FCC under the Operational Risk Framework (ORF).
  

  Skills and Experience

  • Must be a quick learner, willing to learn any technology that might be required to complete the task.
  • Strong logical and problem-solving expertise.
  • Good communication and documentation skills.
  • Must be a Team player, attention to details and problem solving capacity.
  • AML and terrorist financing, Knowledge of transaction monitoring, sanction, CDD, Screening, Banking products.
  • Analysis skills: able to evaluate data trends and out of pattern activities, working knowledge of Internet and MS Office Suite & assimilate, review and evaluate information from disperse data sources to identify a course of action (e.g., case closure or escalation), and record and communicate this decision clearly and concisely
  • Banking: knowledge in terms of customers, products, and transactions with expertise in at least one customer segment (retail, corporate, private banking, correspondent banking)
  • Banking operations experience (Client Due Diligence, payments, trade, markets or other) and service-oriented attitude.

  Qualifications

  • EDUCATION Academic or professional education/QUALIFICATIONS, i.e., standards required for roles. Eligible Criteria - Minimum Graduation from the reputed institute is required for the role.
  • TRAINING Bank process training, i.e., mandatory & developmental – role-specific, and regulatory / compliance bank wide & role-specific. Deliver Training to New Joiner, Need Based Training programs, Awareness / Refresher and Specialist training programs and provide subject matter expertise support to team. Ensure that internal and external errors arising out of knowledge gaps are addressed.
  • LICENSES Licenses and certifications / accreditations, i.e. internal / externally required with active relationship
  • MEMBERSHIP Professional memberships (if any), i.e. active membership is required for roles for continuous development / improvement/ awareness of current practices, etc
  • CERTIFICATIONS AML related certifications should be added advantage. Eg: AML/KYC, ACAMS and CGSS etc.
  • LANGUAGES Excellent communication in English (articulation and writing).
  • EXPERIENCE Minimum 2-3 years of experience in the related field will be an added advantage.
    

  About Standard Chartered

  We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
  • Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

  What we offer

  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 leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along 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.

• About the company

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

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