About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours -
do the right thing, better together and never settle - as well as our brand promise, Here for good. We're committed to promoting equality in the workplace and creating an inclusive and flexible culture -
one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base. Job Purpose
Review level 2 AML alerts in line with the Trade AML Procedure document and Red Flag document
To escalate any positive alerts to country FCC for their review and decision
To ensure implementation of Trade AML policies in line with the procedures in vogue
To work with stakeholders (including Trade Product, Engineering, Group FCC, Group TB) to work on AML related issues.
To continuously provide input to stakeholders on improving the overall AML process including system related.
The Role Responsibilities
Review pre and post transaction alerts from an AML perspective via Trade AML
Ensure that appropriate systems, procedures and controls are in place in line with the existing policies and are operating efficiently for Trade
Ensure timely submissions of monthly MIS with respect to Trade AML alerts and reports to country / FCC
Ensure timely review and escalation of alerts via Trade AML System to country FCC / RFCIO
Coordinating Trade AML rollout across all markets in line with the group implementation plan
Coordinate IT initiatives / issues with respect to Trade AML system in use by Operations / AML Advisors
Coordinate BCP / DR testing in addition to taking appropriate measure for managing a crisis situation
Build skill and talent by undertaking local / international certifications relating to AML
Initiate and drive operational excellence activities.
Secure Acceptable’ audit ratings for the unit and ensure timely resolution of audit and AML risk related issues
Ensure the team complies with the organization ILDP program
Provide inputs to the training team on AML as required
Conduct regular connects with the Operations’ team in Trade, to share cases and new learning, if any.
Ensure low levels of attrition in the AML team.
Conduct regular skip levels with the staff in the team to ensure employee morale is high
To keep the team updated on important aspects of AML policies and procedures from time to time so that the entire team is up the speed with the current policies.