Standard Chartered Bank - Customer Due Diligence Manager

Standard Chartered Bank

Leading the way in International Banking. We support the people and companies driving investment, trade and wealth creation across Asia, Africa and the Middle East. And our heritage and values are expressed in our brand promise - here for good. See our Brand and Values

We are currently looking for CDD Manager:

Key Responsibilities:

- Primarily responsible for ensuring that all new client relationships have undergone the appropriate client identification screening as mandated by the Customer Due Diligence and On-boarding Procedures prior to the opening of a new account relationship.

- Conduction Operational Risk Assessment as per procedures

- Updation and maintenance of Unit DOIs

- Support the completion of the CDD profile of the client at all times in client lifecycle, including on boarding, trigger events, ongoing and periodic reviews as a part of the organization standards

- Liaise with Business Frontline, Credit, Operations, and Legal as necessary as part of the CDD process

- Liaise with Compliance /FCC/ Legal on specific requirements and regulations arising under special circumstances

- Liaise with Vendors (internal or external) for activities related to CDD. Third Party Risk Management procedures to be conducted as required for all applicable arrangements

- Maintain processing turnaround and productivity standards. Accurate output is expected in all cases handled with key tasks described as follows:

All cases reviewed are 100% accurate in terms of data content;

- Ensure 100% compliance while reviewing the data consistency across various documents and system data according to pre-set guidelines and AML/CDD standards without deviations

- Turn Around Time (TAT) for each case to be maintained and documented

- MIS maintenance and generation: Maintaining a comprehensive MIS and regular reporting of the same.

- Reporting as per agreed timelines & guidelines provided from time to time & Highlighting emerging trends and raise issues if any

- Partner in roll out of key initiatives - The role holders would be required to roll out key training programs critical to the bank and business requirements and to answer queries from the RM/Sale Support

- Interfacing with internal audits/reviewers as needed to explain the control environment and scope of CDD reviews

Liaise with :

- CDD Team - for meeting the productivity, accuracy target and high service levels

- Frontline (SM/RM/Sales Support/BH) - completion of On-boarding and on-going CDD; Training and Certification Systems and Product team - System gap analysis and inputs