Job Description
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Processes
• Review and validate requests for client information (RFIs) received from the Transaction Monitoring / Screening Functions in order to process Risk Events
• Liaise with Relationship Managers, FCC Teams and other internal teams (CDD, etc.) in order to obtain client information
• Review and adhere to the follow up protocol to ensure timely responses are obtained
• Review and validate responses received to determine ability to process the Risk Events
• Liaise with the Functions within the FCSU to identify inherent risks and inefficiencies and work with relevant stakeholders in order to mitigate the same
Risk Management
• Analyse significant financial crime risk events (e.g. SAR&rsquos, non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally across all relevant jurisdictions
• Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks
• Identify concerns pertaining to quality of RFIs based on case reviews and feedback obtained from the Business / FCC and liaise with the Team Manager and other members of the Team to resolve such concerns through best practice sharing, fail reviews, etc.
Governance
• In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management are informed and that actions are taken quickly to remediate and/or activities are ceased
• Ensure proactive
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Processes
• Review and validate requests for client information (RFIs) received from the Transaction Monitoring / Screening Functions in order to process Risk Events
• Liaise with Relationship Managers, FCC Teams and other internal teams (CDD, etc.) in order to obtain client information
• Review and adhere to the follow up protocol to ensure timely responses are obtained
• Review and validate responses received to determine ability to process the Risk Events
• Liaise with the Functions within the FCSU to identify inherent risks and inefficiencies and work with relevant stakeholders in order to mitigate the same
Risk Management
• Analyse significant financial crime risk events (e.g. SAR&rsquos, non-compliant transactions, production orders) to ensure that all connected parties, particularly cross-border are identified and reported at the appropriate levels internally across all relevant jurisdictions
• Apply Group and FCC policies and processes (AML surveillance, client screening, risk assessment) to manage risks
• Identify concerns pertaining to quality of RFIs based on case reviews and feedback obtained from the Business / FCC and liaise with the Team Manager and other members of the Team to resolve such concerns through best practice sharing, fail reviews, etc.
Governance
• In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management are informed and that actions are taken quickly to remediate and/or activities are ceased
• Ensure proactive
💡 Quick Summary
Seeking a career-building opportunity? The Specialist| RFI position is now open for candidates interested in the Bank Jobs sector. This role in Chennai 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.
