Officer, Ddp

Job SummaryRESPONSIBILITIESDDP Function - To institutionalise the FPI registration account opening and maintenance process so that is well defined for the implementation and servicing teams as well as clients To regularly monitor and maintain service standards Regulatory timelines in terms of Applications and Reports to be adhered to without any breaches Device process along with colleagues and seniors to ensure Fresh Applications are processed timely To instil alertness in self and team for any suspicious transactions and escalate the same SEBI queries received to be tracked reviewed coordinated with Compliance AFC KYC and responded to SEBI in a timely manner Implement procedures related to KYC Account opening Documentation in consultation with Compliance ACD team after notification of any change in regulatory framework local as well as global Research on various client structures and presenting to seniors Thereby building team knowledge too To undertake periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls To manage the operational relationship for interface with the Implementation and servicing teams To serve as a focal point of contact with Implementation servicing teams and regulators in Client account opening and registration related matters To keep servicing teams abreast in conjunction with product of changes in regulations market procedures operating procedures affecting client account opening or maintenance through routine communications To facilitate smooth account opening and try to keep the outstanding account documentation to a minimum Key Responsibilities To constantly monitor and maintain service standards Ensure full awareness of all policies and procedures issued in relation to money laundering prevention Ensure compliance with these policies and procedures on an ongoing basis Any suspicious transaction must immediately be reported to the supervising officer To institutionalize the account opening closing process so that is well defined for both the implementation and servicing teams as well as the clients To liaise with regulators on outstanding approvals To ensure that the Unit is subject to minimal risks arising out of incomplete outstanding account documentation To follow-up with the Implementation Servicing Teams on outstanding account documentation To undertake periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls Assist in coordinating facilitating and promoting understanding of operational risk and in implementation and management of OR within the Unit To facilitate review of FPI Registration related documents and revert to respective stakeholder On complete review of FPI documents propose to the FPI committee for granting approval Update the NSDL website for granting registration Inform clients on granting rejection of FPI registration Review of other miscellaneous applications and grant of approval To send to the regulator reports at required frequencies To liaise with NSDL on various issues Skills and Experience Analytical skills Training skills Meeting and Project Management skills Objective and Project Management skills Supervisory skills Conflict resolution skills Ability to handle unstructured situations Communication skills Ability to deal with auditors Ability to deal with vendors Ability to deal with regulators Customer focus and ability to deal with internal and external Clients Communication skills Counselling skills Presentation skills Report Procedure writing skills Document maintenance and control skills QualificationsGraduateAbout Standard CharteredWe 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 offerIn 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 26450