Analyst, CDD (Operations)
Standard Chartered Bank
Karachi, Pakistan, East
5d ago

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.

The Role Responsibilities

Strategy

  • Ability to manage BAU and assigned tasks to meet the timelines. Awareness and understanding of Group Business strategy and model related to the role.
  • Work with Management to ensure full understanding of business strategy, plans, products, performance and risk-related issues at business unit level and communicating these to the relevant members.
  • Ensure implementation of AML / CDD Risk framework tools & manual that are necessary for risk management activities. To pre screen and process all clients as reviewer / analyst and coordinate with branches / SAT / ASU for completeness of documents
  • Ensure CDD information completed are current and valid, as per the required standard
  • Client documents are complete and updated in core banking system
  • To conduct Customer Due Diligence Risk Review for all MEDD / EDD / SDD (Risk Based) business banking clients.
  • To ensure quality and timely completion of all activities i.e. report extraction, review on e-BBS, MIS updating, and resolution of CDD deficient case referrals through branches.
  • To ensure quality in all Periodic and Triggers Reviews in order to ascertain the facts of the cases and bring it to a satisfactory conclusion in a timely manner and as per timelines prescribed in the DOI
  • Design and suggest action plans for early closure of service issues and continuous process improvements in order to enhance both processing efficiency and operational controls within CDD Ops-RB.
  • Ensures that quality work performed during performing reviews.
  • Timely resolution of deficient cases after contacting the customer and coordinating with branch within timelines as per the DOI.
  • Ensure that E2E MIS is prepared and maintained all time showing current status of all periodic and trigger Reviews and is readily available at any given point.
  • To effectively interact, communicate and engage with all stakeholders i.e. Relationship Manager, Branch Manager, ASU, Banking Ops, FCC, BORMs etc to achieve the objectives of the unit.
  • Perform any other activity that comes under the ambit of AML / CDD / Sanctions in RC.
  • To ensure to complete assigned DRR cases in timely manner
  • Business

  • Meet expectations of senior management to meet assigned targets.
  • Ensure engagement with and support of major business change programmes / learning’s thus ensuring that appropriate consideration of risk and control is given to all change.
  • Keep abreast of developments in Governance and advise the business accordingly.
  • Partnering the business, compliance, FCC and OR on AML / CDD matters to ensure business growth is balanced with risk management and control in place.
  • Processes

  • Ensure compliance of AML, CDD policies & procedures in accordance with Group and Local Regulatory guidelines.
  • Ensure AML / CDD Framework is adhered to; initially the risk methodology / policies and then the relevant Group Operation risk policies & procedure adherence.
  • Ensure compliance of Group code of conducts
  • People and Talent

  • Assist and coordinate training efforts to promote risk management and compliance culture within the Business. Ensure gaps are identified and staffs are suitably trained on operational risk and compliance
  • Assist in building relationships across the region to understand issues and identify areas for improvement for the organisation as a whole.
  • Share best practice to improve the control environment; make recommendations to Head CDD Operations.
  • Exhibit best practice to improve the control environment; make recommendations to Regional CDD Management.
  • Provide assistance to the business in meeting regulatory requirements.
  • Ensure TO complete all assigned E-Learning with in stipulated time frame .
  • To coach and council new joiners in their BAU activities
  • Risk Management

  • Execution responsibility for identifying, assessing, monitoring, controlling and mitigating financial crime risk, sanctions risk and reputational risks to the Group.
  • Understanding of the main risks facing the Group and the role the individual plays in managing them
  • Ensure awareness and adherence to all policies, guidelines, procedures and local regulatory requirements.
  • Drive and implement an effective risk management framework, and promote a strong risk management and compliance culture.
  • Read, understand and comply with all provisions of the Group Code of Conduct..
  • Attended all required trainings.
  • Ensure early identification and escalation of risks, issues, trends and developments to relevant stakeholders
  • Governance

  • To ensure the clean desk policy as per group requirement .
  • To ensure Customer Due Diligence requirements as prescribed by the bank are duly adhered to.
  • All Legal and Compliance guidelines are adhered to.
  • Data confidentiality and secrecy norms of the bank are adhered to.
  • To ensure that all the processes prescribed by the bank are fully adhered
  • Maintain complete and detailed knowledge of all the assigned products

    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.

  • Lead to achieve the outcomes set out in the Bank’s Conduct Principles :
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association
  • Key Stakeholders

  • Retail Client Relationship / front line
  • Compliance
  • Banking Operation
  • Operational Risk
  • Liability Ops. ASU
  • Other Responsibilities

  • Embed here for good and Group’s brand and values in Pakistan / CEPG / CDD Ops / SAT.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
  • To maintain MIS on daily basis of all Service Request which received from Branches and ASU
  • Distributes those tasks with the team including dormancies.
  • Perform Norkoms and searches for product team as per governance email.
  • Do all work whatever assigned to me from my seniors and managers except BAU

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