Senior Manager, FCC India, Transaction Monitoring

Job Description

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. Its 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.Were 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.The Role ResponsibilitiesBusiness:

• Conceptualising the transaction monitoring scenario to address a particular AML risk or basis the group or local regulatory requirement
• Performing threshold setting, ETL, BTL testing, UAT and end to end implementation for transaction monitoring (TM) scenarios and framework
• Critical review of the existing TM scenario to assess the effectiveness and re-tune the scenario (threshold, lookback period, frequency etc) on periodic and ad-hoc basis
• Having a strong knowledge of above mentioned activities and be self-starter and take initialve in perofrming these activities
• Analyse comprehensive impact of financial crime related regulatory matters on the relevants business area and its operations.
• Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications.
• Regularly engage with business stakeholders to understand their requirements, and address their concerns.
• For technical roles, write production quality code. Adhere to the best practices in coding like following PEP-8 standards, writing unit tests, etc.

People & Talent:

• Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
• Ensure staff have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions.

Risk Management:

• Understand technical aspects of systems relevant to CDD, Client Risk Assessments, AML Monitoring and Case Management
• Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring systems.
• Review and assess existing system and controls relevant to FCC to ascertain operational performance and effectiveness.
• Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
• Apply Group and FCC policies and processes (AML Monitoring) to manage risks.
• Ensure that detection scenarios that are developed and deployed are fit-for-purpose.

Governance:

• Attend relevant team and leadership meetings
• Ensure tracking and remediation of surveillance and investigations related regulatory findings
• Prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations

Regulatory & 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 (GCoC)
• Lead the function/ team to achieve the outcomes set out in the Bank s Conduct Principles:
  • Fair Outcomes for Clients;
  • Effective Operation of Financial Markets;
  • Financial Crime Prevention;
  • The Right Environment
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Stakeholders:

• Business and Segment Staff
• Country FCC Head
• Country and Group FCC Team Members
• ITO

Other:

• Embed Here for good and Group s brand and values in team
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualifications:Post Graduate degree in Management/Statistics/Mathematics OR Graduate degree in Engineering from a reputed institution:Skills:Essential:For FCC Roles in Transaction Monitoring

• Strong analytical and problem-solving expertise
• Good communication and documentation skills
• Excellent collaborative and team building skills and a desire to work as a part of a high functioning team of financial intelligence specialists.
• Experience in statistical modelling, and analysis using techniques such as regression analysis, multivariate analysis, factor analysis, and clustering

For Technical Roles in Transaction Monitoring

• Good problem solving abilities, ability to work independently and proactively and possess good communication skills.
• Eager and enthusiastic to learn new technologies and frameworks.
• Profieciency and hands on experience of any of the programming solutions including SAS, R, Python, Hive, PySpark, Scala etc.
• Good knowledge of relational databases like Oracle, SQL Server, MySQL, DB2 and experience with SQL scripting
• Experience with web based application development, familiarity with HTML, CSS, JavaScript frameworks like Angular JS and web frameworks such as Django or Flask
• Exposure to Unix / Linux Systems
• Familiarity with basic software development productivity tools like Git, Jira / Confluence

Desired:

• Must be a quick learner, willing to learn any technology that might be required to complete the task
• Exposure and experience to monitoring systems such as DETICA and MANTAS
• Certification from the ACAMS - Association of Certified Anti-Money Laundering Specialists or equivalent
• Knowledge/Experience with Big data tools like Hadoop, Spark, etc.
• Knowledge/Experience in Machine learning algorithms/systems.

Experience:

• Upto 6 years in the area of analytics and modeling using statiscal tools and packages
• 8-10 years in the area of analytics and modeling using statiscal tools and packages
• Any experience in Banking and Financial Crime would be an added advantage

Apply now to join the Bank for those with big career ambitions.To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.,

Keyskills :
financesalesltdmisaccountancycode of conductbig datasql serverteam buildingdata analyticsproblem solvingfactor analysismachine learningforward planningcrime preventioncertified antimoney laundering