Job Summary

The role is responsible for supporting customer due diligence and financial crime risk management by applying the Bank’s policies and procedures on Anti Money Laundering (AML), Counter Terrorist Financing (CTF), client screening, risk assessment and enhanced due diligence. The selected candidate will assess customer, product, transaction, geographic and segment-related risks, review customer profiles, identify new or emerging risk areas, and escalate matters that require further review or action. The role also involves providing guidance to business teams on Client Due Diligence (CDD)-related matters, supporting audit and assurance activities, managing queries and escalations, and recommending appropriate actions to help the Bank maintain strong compliance and risk management standards. This is a fixed term contract role for a period of 12 months.

Key Responsibilities

•    Apply Group and Country Client Due Diligence (CDD) policies and processes, Anti Money Laundering (AML) surveillance, client screening, risk assessment to manage risks.
•    Provide CDD advisory in client level to business in relations to AML/CTF matters
•    Assess risks arising from products / segments / geographies / customers / transactions.
•    Escalate of issues and ensure that necessary actions are taken quickly to remediate issue.
•    Undertake enhanced due diligence on new and existing medium/higher risk 
•    Review and/ or escalate new or emerging areas of risks such as adverse media/sanctions reviewfor all clients and Group Sensitive and relevant clients
•    Review of customer’s profile and related risk in relation to AML/CFT matter
•    Make recommendations to relevant stakeholders on possible risk management responses to identified risks and/ or findings of concern from investigations- at client and portfolio level
•    Escalation points for generic procedure related enquiries.
•    Manage escalations on issues requiring additional assessment and controls.
•    Manage checks, queries and any other information requested by auditors for audit (Internal & external), 
•    Review and manage monthly assurance check and complete submission on time.
•    Assist teams to keep track of and provide advice to relevant stakeholders on the interpretation and application of policies related to CDD.

Strategy
•    To align role and deliver as per Wealth and Retail Banking (WRB) strategy.
Business
•    WRB OperationsNepal
Processes
•    CDD Account Opening and Periodic/ Trigger Review/ Transaction Referrals
Risk Management
•    Execution of responsibility for identifying, assessing, monitoring, and mitigating financial crime risk, sanctions risk and reputational risks to the Group. 
Governance
•    Ensure the CDD processes are followed as per Group and Local requirement.
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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
•    WRB Relationship/ Branch Managers
•    WRB Compliance Team 
•    Financial Crime Compliance Unit, Financial Crime Surveillance Operation
•    WRB Business Head 
•    WRB Chief Operating Officer 

Skills and Experience

•    Strong communication skills 
•    Attention to detail 
•    Able to manage a diverse workload, balancing priorities and meeting firm pre-agreed deadlines. 
•    Collaborative working 
•    A proactive and flexible approach to problem-solving 
•    Proficient in MS Office applications

Qualifications

Education
•    Bachelor's Degree in relevant discipline
Training
•   MS Office applications
•    Management and Leadership – Ability to prioritise, escalate and sharing. 
•    Analytical strength – to spot emerging risks, in particular forward-looking industry trends. 
•    Gravitas and communication – to engage with Relationship Managers, Clients and Management alike have the ability to challenge in a constructive manner. 
•    Collaborative – to work in partnership with stakeholders to ‘get things done’, fulfilling the Job Purpose.
Experience
•    Knowledge on Anti Money Laundering.
•    Good team player with good communication, interpersonal skills, and problem-solving skills.
•    Knowledge of Central Bank regulations.
•    Able to work under pressure, tight deadlines, and stressful environment. 
•    Ability to work with minimum supervision.
•    Well organized, able to multi-task and balance competing demands.
Language
•    Fluent in English and Nepali

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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
• Time-off including annual leave, parental/maternity (20 weeks) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• 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.