• Specialist, Transaction Monitoring - FCSU Jobs in Chennai,India - 23833757

  • Standard Chartered Bank Ltd

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 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 behavior 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 behavior 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

Technical Competencies



Proficiency Level

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



Detect and confirm patterns of behavior by analysing structured and unstructured data including large data volumes



Deliver sustainable


Take the lead Entry

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

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:

    Would you like to try out these free online 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