Job Description
• Awareness and understanding of the Group s business strategy and model appropriate to the role.
Business
• Provide Assistance to the Team Lead/Manager of the Payments/Business Restrictions Team and to the Controls Operations Group at large to assure that the business and operations of Standard Chartered bank ( the Bank ) are compliant with relevant regulations and procedures as adopted by the Bank.
• Awareness and understanding of the wider business, economic and market environment in which the Group operates.
Processes
• U.S. Internal Watchlist AML/Fraud Record additions/Updates/retirements in Veritas
• Daily AML/Fraud Payment Escalations Review Process in CERS
• Group AML/Fraud Filter Additions/Updates/Retirements in Veritas
• Non-Business Hours approval for certain AML/Fraud Payments
• TSAAS AML/Fraud/Trade Payment Reviews in USCMS
• SCMS AML/Fraud/Trade Payment Reviews
• MT202 Cover Monthly Payment Reviews to detect Non-Compliance use of the MT202 payment message.
• Veritas UVT/UAT System Testing on upgrades.
• Timely response to all payment related investigations.
• Monthly Watchlist Review of Veritas records coming up for review.
Risk Management
• Ensure that the Controls Operations Group is in compliance with the Operational Risk Framework for U.S. FCC Controls, raising items of concern to the Head of Controls Operations and logging risk items in relevant Bank systems (e.g. EORP) as deemed appropriate.]
• Support the Manager, Q&R Team in their function as Unit Operational Risk Manager via identifying, communicating and escalating all potential operational risk items.
• Comply with guidelines/procedures as outlined in the Group s DOI s.
Governance
• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Willingness to speak up in the event of any realized or perceived breach of group conduct rules or laws by colleagues
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.
• Take personal responsibility to achieve the outcomes set out in the Bank s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• USCMS Operations Team.
• Sanctions Filtering Team
• U.S. Payments Team
• U.S. Trade Operations Team
• FCC Investigations Teams
• Relationship Managers
• Group/Local U.S. Sanctions Team
• Legal & Compliance
• List Management Team
• FCC Change Team
Other Responsibilities
• To support the team Lead/Manager by affording support to other units/groups within U.S. FCC with ad-hoc requests.
• Establish relationships with stakeholders within and outside of COG.
• Respond to business as usual payment escalations/investigations from the Payment Ops teams based on FCCA/COG Controls entries to the payment filter.
Our Ideal Candidate
• Bachelor degree in Business, Finance, Economics, Economic Crime Investigation or related field of study, from an accredited institution, or equivalent qualification.
• Advanced degree will be viewed positively.
• 3-5 years experience in a large multinational financial institution, consulting firm or law firm
• 1-3 years Operations Risk experience
• CAMS certification preferred.
• Familiar with Swift Messages and International Payment Transactions a plus.
• Proficiency in Excel, strong analytical skills.
• Self-motivated - Strong work ethic, takes accountability for decisions, actions and outcomes, ability to work independently, use professional judgement, and to work directly and urgently with key stakeholders on complex technical and substantive matters.
• Collaborative - Actively collaborate within and across teams
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.
Business
• Provide Assistance to the Team Lead/Manager of the Payments/Business Restrictions Team and to the Controls Operations Group at large to assure that the business and operations of Standard Chartered bank ( the Bank ) are compliant with relevant regulations and procedures as adopted by the Bank.
• Awareness and understanding of the wider business, economic and market environment in which the Group operates.
Processes
• U.S. Internal Watchlist AML/Fraud Record additions/Updates/retirements in Veritas
• Daily AML/Fraud Payment Escalations Review Process in CERS
• Group AML/Fraud Filter Additions/Updates/Retirements in Veritas
• Non-Business Hours approval for certain AML/Fraud Payments
• TSAAS AML/Fraud/Trade Payment Reviews in USCMS
• SCMS AML/Fraud/Trade Payment Reviews
• MT202 Cover Monthly Payment Reviews to detect Non-Compliance use of the MT202 payment message.
• Veritas UVT/UAT System Testing on upgrades.
• Timely response to all payment related investigations.
• Monthly Watchlist Review of Veritas records coming up for review.
Risk Management
• Ensure that the Controls Operations Group is in compliance with the Operational Risk Framework for U.S. FCC Controls, raising items of concern to the Head of Controls Operations and logging risk items in relevant Bank systems (e.g. EORP) as deemed appropriate.]
• Support the Manager, Q&R Team in their function as Unit Operational Risk Manager via identifying, communicating and escalating all potential operational risk items.
• Comply with guidelines/procedures as outlined in the Group s DOI s.
Governance
• Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Willingness to speak up in the event of any realized or perceived breach of group conduct rules or laws by colleagues
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.
• Take personal responsibility to achieve the outcomes set out in the Bank s Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• USCMS Operations Team.
• Sanctions Filtering Team
• U.S. Payments Team
• U.S. Trade Operations Team
• FCC Investigations Teams
• Relationship Managers
• Group/Local U.S. Sanctions Team
• Legal & Compliance
• List Management Team
• FCC Change Team
Other Responsibilities
• To support the team Lead/Manager by affording support to other units/groups within U.S. FCC with ad-hoc requests.
• Establish relationships with stakeholders within and outside of COG.
• Respond to business as usual payment escalations/investigations from the Payment Ops teams based on FCCA/COG Controls entries to the payment filter.
Our Ideal Candidate
• Bachelor degree in Business, Finance, Economics, Economic Crime Investigation or related field of study, from an accredited institution, or equivalent qualification.
• Advanced degree will be viewed positively.
• 3-5 years experience in a large multinational financial institution, consulting firm or law firm
• 1-3 years Operations Risk experience
• CAMS certification preferred.
• Familiar with Swift Messages and International Payment Transactions a plus.
• Proficiency in Excel, strong analytical skills.
• Self-motivated - Strong work ethic, takes accountability for decisions, actions and outcomes, ability to work independently, use professional judgement, and to work directly and urgently with key stakeholders on complex technical and substantive matters.
• Collaborative - Actively collaborate within and across teams
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.
💡 Quick Summary
Seeking a career-building opportunity? The Analyst| Payment Operations position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
