Standard Chartered Bank - Manager - Due Diligence - Private Banking

RESPONSIBILITIES:

- Review accounts against all set internal standards for Client Due Diligence

- Check on the quality of the Source of Wealth if it meets all set standards for Account Opening/ Periodic review

- Review the other Due Diligence requirements such as adverse media findings, Sanctions link, Tax red flags etc

- Determine and advice the frontline if other searches are needed to supplement those already done for Account Opening and Periodic Reviews

- Advise on PvB CDD policy and procedures and applicable local laws and regulations

- Advise on and escalate higher risk relationships and reputation risks arising from CDD to Compliance or Local Client Committee (LCC)

- Consultation with functional experts (ie, Legal, Compliance, Financial Crime compliance) as needed

- Contribute to the implementation and controls for daily processes and assist with the update of procedures

- Leverage on expertise and train the frontline in order to produce high quality SOW and complete Account Opening and Periodic Review Packs to avoid reworks and to aid in faster turn around time.

- Comply to agreed Turn Around Times for assigned activities as detailed in the Document Operating Instructions and the Service Level Agreements

- Promote the spirit of continuous improvement by flagging any procedural issues that impact delivery of responsibilities with suggestions improvements and work around.

- Provide a final recommendation to proceed/not proceed on accounts submitted for Account Opening or Periodic Review

Business:

- Private Banking, (geography)

Processes

- KYC/CDD Account Opening and Periodic Review

Key Stakeholders

- PvB Market and Business Heads

- PvB Relationship Managers, Team Leaders and Client Services Managers

- PvB Heads of Compliance and Compliance teams

- Financial Crime Compliance network

- Data Quality team

- Other CAR teams

QUALIFICATIONS - training, licenses, memberships and certifications

- Solid knowledge and understanding of regulatory requirements relating to CDD/AML and internal procedures

- Minimum 3+ years relevant experience in AML/KYC and/or client onboarding, from banking and/or financial services sector with a focus on private banking clients, including corporate

- Compliance knowledge applicable to the Financial Services industry, including relevant professional certification on AML/CFT, e.g., ACAMS Certifcate

- Excellent verbal, presentation and written communication skills

- Ability to think globally / see the overall picture and multi-task

- High level of integrity and professionalism

- High attention to detail