Job Description

The Role Responsibilities
Domain Responsibilities

• Candidate will be responsible for working on AML Transaction Monitoring Optimisation Modelling related matters
• Support in the development of newer analytics methods to enhance Optimisation model development process through feedback and collaboration with the onshore team
• Knowledge of core banking, payment, CDD, securities and other systems and interplay/linkages between them. Understand business domain aspects relevant to AML Monitoring and Case Management.
• Able to conceptualize, design, support and align relevant processes and controls to industry best practice, and close out any compliance gaps
• Provide endorsement for changes or remediation activities impacting AML Optimisation models. Also engaging with relevant stakeholders for deploying the changes to production
• Work on processes such as threshold tuning, reconciliation, segmentation, optimisation etc. associated with the Transaction Monitoring function across products such as CASA, Trade, Credit Cards, Securities and Financial Markets.
• Work towards the collective objectives and scorecard of the business function published from time to time in the form of job and performance objectives for defined periods

People and 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.

Risk Management

• Apply Group and FCC policies and processes (AML monitoring) to manage risks.
• Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring optimisation solutions.
• Provide typology review coverage based on relevant segments/products and validate appropriate monitoring coverage which is fit-for-purpose.
• Liaise with Business / Segment stakeholders to understand the emanating risks and ensuring those are suitably addressed through the Monitoring coverage.
• Engage Advisory teams on Product Risk Assessment reviews, outlining transaction monitoring coverage against products and rationale for deviations
• Ensure appropriate and valid agreements are in place for consumption of product and segment data for Transaction Monitoring
• Make recommendations (and support in implementation where required) to relevant stakeholders on possible risk mitigants to identified risks or areas of concerns from AML Optimisation Models
• Provide Transaction Monitoring subject matter expertise on outcome of AML Risk Identification and Assessment Methodologies
• Extend support in the implementation of control improvements, enhancements or simplifications proposed by relevant CFCC Advisory functions
• Provide guidance in understanding technical and AML detection related aspects of Transaction Monitoring systems pertinent to a country
• Collaborate with FCC Advisory teams on determining risk tolerances

Governance

• Attend relevant business / segment / product related working group meetings.
• Ensure tracking and remediation of surveillance and investigations related regulatory findings.
• Report product and segment related matters impacting monitoring in relevant FCC and Upstream Governance Committees
• Provide regular progress updates on agreed mitigation actions concerning AML Optimisation Model Issues and enhancements

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.
• Individual contributor to the Product / Segment / Regional teams to achieve the outcomes set out in the Bank\'s Conduct Principles .Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Relevant Business teams
• Business and segment CFCC Advisory teams
• Group AML RFO / teams
• ITO
• Country/Regional FCC teams
• Audit / Assurance teams
• Group Model Validation/ Group Model Risk Team

Other Responsibilities

• 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.

Our Ideal Candidate

• Bachelor degree from a recognized University.
• Preferably higher education in one of the following fields: Information Technology, Data Analytics, Big Data, etc.
• 1+ years of working experience in Banking and/ or Financial services
• Sound knowledge in Python development and Data science is mandatory.
• Experience in Python coding & Data science or any relevant course/ certification (Preferably) is an advantage
• Good in Statistical Modelling/ Machine Learning/ Data Analysis.
• Course or certification in coding Languages like SQL, Oracle, C++, scripting is an advantage
• Excellent written and verbal communication skills.
• Ability to work in a fast-paced environment, open-minded and willing to learn new skills (both business and technical knowledge).
• Apply risk and data analytic tools/techniques to optimise and tune relevant AML typologies/ detection scenarios, and screening and monitoring optimisation solutions.
• Manage Risk and support in Compliance Advisories
• Cooperating with (both technical and non-technical parties) from various Bank departments to adjust analytical solutions to business needs.
• Developing innovative, re-usable tools and scripts that can be leveraged in future phases of the workflow.
• Identifying opportunities for improving statistical modelling techniques/ processes.
• Meticulous, good Team player, positive attitude, proactive in nature.
• Supporting deep-dive data analysis to investigate any (data) issues.
• Liaising with other offshore support teams/subject matter experts to resolve data or methodology related issues.

Role Specific Technical Competencies

• Data Science
• Compliance Advisory
• Manage Risk
• Surveillance (Specifically Monitoring)
• Statistical Modelling/ Machine Learning/ Data Analysis
• SQL / HQL / Hive / Hadoop scripting and databases such as Oracle and HaaS
• Python / C++ Programming

About Standard Chartered
We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can\'t wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion. Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum
• Flexible working options based around home and office locations, with flexible working patterns
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers

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