RESPONSIBILITIES

Domain Responsibilities

The role requires strategic thinking and technical expert with a strong background in financial crime detection and prevention, specifically using advanced analytical methodologies. This role require hands-on expertise to design, develop and deploy analytics/models to detect suspicious activities and financial crime. The ideal candidate will possess technical expertise, a strategic mindset for enhancing Transaction Monitoring effectiveness, and good familiarity with the compliance regulations in financial sector.

•    Design, Develop and deploy models for anomaly detection, behaviour profiling, network analysis, predictive scoring for TM Solutions and act as a single Point of Contact for assigned AML Transaction Monitoring Modelling related matters

•    Perform data exploration, feature engineering and ensuring models are accurate, efficient and scalable.

•    Support for analytical processes to enhance TM red flag monitoring and Optimising cases for investigation through AI/ML models and analytical processes

•    Improve 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. 

•    Support in design of different scenario models, development and validation including data quality validation, model effectiveness, rules logic for effective risk analytics.

•    The role holder is accountable for ensuring all processes/ models follow Bank’s governance process including Model Risk Policy Governance and Risk Based Rule review.

•    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 

•    Mentoring and conducting training programs to bring the new joiners and team up to speed on new business requirements

•    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 

•    Provide coaching to peers and new hires to ensure they are highly engaged and performing to their potential.
•    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

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 – CIB & WRB
•    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

• 8+ years of hands-on experience in Transaction Monitoring design and development with 5+ years focussed on financial crime threat risk mitigation.
• Strong background in deploying models within TM or compliance environment with solid understanding of AML/CFT regulations.
• Strong coding skills in Python, R, SQL and familiarity with data engineering practices for model integration.
• Education     Post Graduate degree in Management/Statistics/Mathematics OR Graduate degree in Engineering from a reputed institution.
• Certifications Certification from the ACAMS or equivalent

Role Specific Technical Competencie

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

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, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months 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