• Specialist, FCSU, Transaction Screening Jobs in Chennai,India - 23833730

  • Standard Chartered Bank Ltd

Job Description:

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 primary purpose for the Analyst of the Monitoring NCB team within the FCSU is to perform surveillance activities to detect Money Laundering or Terrorist Financing activities by focusing on the initial assessment of risk events as first stage in the AAA (Assess, Analyze, Act) process

Primary Responsibilities

Assess risk events, created by the Monitoring systems or created manually, to identify unusual customer behaviour and escalate such unusual patterns for Analysis Perform the assessment in accordance with the procedure laid down in the AAA processes and Country Addendum Processing of pre-cases should be within the turnaround time (TAT) and should adhere to the quality guidelines
Share best practices with peers and support in creating a FCC Risk Management Culture of Excellence
Ensure Technology / Risk issues identified are reported and escalated to the Manager in a timely manner
Ensure regulatory requests received from country relating to AML are promptly attended to
Complete all mandatory e-learning modules within stipulated timelines and attend trainings for which nominated
Uphold the values of the Group at all times
Assist the Associate Manager / Manager in BCP / DR testing in addition to taking appropriate measure for managing crisis situation
Assist the Associate Manager / Manager in Service management of the surveillance service to the countries
Specialize in the identification of unusual customer behaviour of the Monitoring NCB customer segments being Retail, Private Banking and Corporates
Work in Shift according to Business requirement

Adhoc Responsibilities

Participate in testing and other activities required for the running of the unit
Assist in preparation of various MIS
When required by the Business, act as the backup for the Senior Analyst
Cooperate and support the management in implementation of any other initiative that may arise during the course of the year


Execute Compliance Governance, Frameworks and Models - Partner with the business to make decisions based on the knowledge and interpretation of current and possible future policies, practices, trends and information of financial crime

Implement Identification, Monitoring, Testing, and Reporting - Partner with Business and Operational Risk to identify and mitigate financial compliance risks / Resolve escalation of potential suspicious activities

Manage and Mitigate Risks - Conclude investigations of potential and actual non-compliant activities/Review system safeguards and recommend process enhancements

Surveillance - Detect and confirm patterns of behaviour by analysing structured and unstructured data including large data volumes

Leadership - Deliver sustainable & Take the lead

Additional Specific Role Requirements

Two to Four years of experience working in any of the following departments

o AML and Terrorist Financing Surveillance

o or Screening (name or transaction)

o or banking operations

o or in analyzing structure/ unstructured data for a multi-national bank

Knowledge on Financial Crime Compliance and banking

o Good understanding of banking products and related transactions with a special focus on at least one of the following customer segments Retail, Private Banking or Corporates

o Understanding of the fundamentals of Money Laundering typologies and techniques, Sanctions regulations and guidelines

o Has an overview of the end to-end monitoring process flow

o Understands operational risks and controls

o Experience with AML surveillance systems such as Mantas or Detica

Other tools and techniques

o Able to analyse data trends and out of pattern activities with guidance from tenured team members

o Has working knowledge on Internet, MS Office Suite and is able to use this knowledge effectively at work


o Facilitate collaboration, networking and alignment within and across teams

o Builds the culture of coming up with solutions than problems

o Seek and apply best practices and ideas

Excellent communication in English (articulation and writing)

Apply now to join the Bank for those with big career ambitions

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry :
  • Banking -General
  • Functional Area : Banks/Insurance/Financial Services
    Role :
  • Salary : As per Industry Standards
    Deadline : 15th Apr 2020

    Key Skills:

    These are some of our most popular tutorials

    People who search this job also searched for the following Keywords


    Salary trends based on over 1 crore profiles

    View Salaries

    All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status