Specialist, Fcso Qa Screening

Job Summary The Name Screening analyst is responsible for performing in-depth screening of customer names and related entities against watchlists sanctions politically exposed persons PEPs and adverse media This role is crucial in ensuring compliance with regulatory requirements and mitigating the risk of financial crime for the organization Key Responsibilities Perform quality control process as stated in the Screening DOI s and by employing a risk-based approach to address financial crime money laundering risks Perform name screening using internal systems and third-party databases to identify potential matches with sanctions PEPs and adverse media Analyze and evaluate matches to determine if they are true hits or false positives Escalate confirmed hits to senior analysts or management for further review Maintain accurate records of screening outcomes and investigations Assist in publishing quality control results and participate lead discussions with the respective teams to highlight identified exceptions and thematic trends if any Adhere to expected deadlines as stated in the DOI s and recommend appropriate process DOI Changes Ensure data integrity and confidentiality in line with company policies and regulatory requirements Stay updated on global sanctions PEPs and other regulatory requirements Ensure screening processes are aligned with relevant laws and internal compliance policies Provide timely and accurate reports on screening activities Identify process inefficiencies and suggest improvements to enhance the effectiveness of screening tools and procedures Participate in regular training to stay informed about emerging risks and best practices in compliance and financial crime prevention Key Responsibilities Strategy Awareness and understanding of FCSO s strategy appropriate to the role Business Awareness and understanding of the wider business economic and market environment in which FCSO operates Processes FCSO Name Screening People 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 Collaborate with training teams to input to training curriculum to support closing of capability gaps Risk Management Inform senior management and relevant regulators of serious regulatory breaches or where risk tolerances have been breached and ensure that actions are taken quickly to remediate and or activities are ceased Understand technical aspects of systems relevant to CDD Client Risk Assessments Name Screening and Case Management Plan and ensure a suitable level of readiness for Audit and Regulatory reviews QC outcome including supervisory checks to be shared with OR testing team for performance of CST KCI Governance Instil good governance and tracking mechanisms within Quality Assurance including new joiner deployment On the Job OJT templates Supervisory checks Propose control improvements enhancements and simplifications where appropriate Undertake specialist Quality Assurance reviews to test the validity and appropriateness of and business compliance with financial crime policies and procedures Collate analyse and interpret data to produce reports that help the bank identify and manage emerging areas of risk vulnerability and support in remediation actions within the FCSO function Proactively engage with appropriate stakeholders across the Group and within FCSO to resolve problems challenges Collaborate with Country FCC teams and FCSO Functions to ensure consistent application of standards Track significant issues arising from Quality Assurance activities Audit Assurance reviews and regulatory inspections providing validation of issue closure where necessary and ensuring Management Action Plans are regularly updated 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 FCC Controls representatives in group and country Financial Crime Surveillance Operations FCSO Functions - Name Screening Surveillance Academy and Service Delivery Management Data and Reporting Risk Managers etc Risk Framework Owners Group Process Owner and associated support functions Operational Risk Audit and Assurance Other Responsibilities Embed Here for good and Group s brand and values in India FCC Controls Name Screening QA Perform other responsibilities assigned under Group Country Business or Functional policies and procedures Multiple functions double hats Qualifications Education-Bachelor s Degree Certifications-ACAMS ICA CGSS Preferred not mandatory Languages-English 4 to 5 years of relevant work experience in the following areas For screening Sanctions and screening PEP adverse media and transaction surveillance skills Analysis skills able to analyze data working knowledge of Internet and MS Office Suite independently assimilate analyse and evaluate information from disperse data sources to determine a course of action e g case closure or escalation and record and communicate this decision clearly and concisely Banking knowledge in terms of customers products and transactions Banking operations experience Client Due Diligence payments trade markets or other and service-oriented attitude Skills and Experience Swift Message Compliance Policies and Standards Compliance Advisory Compliance Review and FCC Assurance Surveillance including Screening and Monitoring Investigations Compliance Risk Assessment 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 40724