Job Description

Role ResponsibilitiesLead the liability account opening process and AML CDD, operations ( Individuals ) to support end-to-end client onboarding, including the performance of CDD reviews during onboarding, periodic or even trigger to mitigate the sanctions, money laundering, client tax compliance risks as per global and local regulations, whiling aspiring to deliver superior client experience through digitization and account onboarding process streamlining for Consumer, Private and Business Banking (CPBB) segment for INDIA.Strategy

• Appraise and contribute to the development of the Bank\xe2\x80\x99s strategic plans.
• E2E ownership of the individual client onboarding journey across products to drive AMLCDD quality, client experience and operational efficiency, with an aspiration to deliver the best consumer digital onboarding experience.
• Align the AML CDD risk and liabilities onboarding operations strategy of the function with business strategy and risk appetite and oversee its execution.
• Effectively deliver the strategic initiatives on digital onboarding and embedding new technologies for eKYC and faster TAT.
• Embed principles of Right Shoring as part of the operational strategy including the following:
• Oversight and supervision of the Centre of excellence
• Proper documentation of implementation plan and process, oversight of timeliness and quality of activities performed at the Centre of excellence
• Review of Key risk indicators and assessment of Residual Risk
• Training of staff at Centre of excellence on processes and regulatory requirements
• Ongoing dialogue with country regulatory compliance, environment scan for any new regulatory consultations/ directives, completion of a gap analysis/ business impact assessment and implementation to comply with such consultations/ guidance or directives.
• Interface with Country Business and COE for any escalations, remediations
• Support to strengthen the Organisation\xe2\x80\x99s risk culture and accountability and help reinforce the defence line up.
• Embed innovation, digitisation and New ways of working by defining and actioning future state operating model.

Business

• Define the strategic intent and agenda for the AML CDD operations.

• Communicate to the Business the strategic intent and collective agenda for the Function.

• Provide information, guidance, best practice and expertise to ensure that the team\xe2\x80\x99s operations align with the business strategy

• Maintain and develop AML CDD capabilities and skills to meet ongoing business needs and plans \xe2\x80\x93 awareness and understanding of the wider business, economic and market environment in which the Group operates.

• Ensure the AML CDD Risk Management framework is effectively embedded and communicated across the business segments and lending products.

• Develop effective AML CDD risk management strategies and timely deploy these strategies across products and channels

Processes

• Run day-to-day operations and lead its team by example. This requires keeping track of performance metrics, taking corrective actions, analysing bottlenecks and implementing solutions that bring process performance to the next level. Examples of critical success metrics would be improving CDD Overdue rate

• Leads the development of the design, management and adherence of key operating controls and levers that improve end to end operational efficiency and customer experience.

• Lead the efforts to develop, deploy and optimize country AML CDD strategy and processes.

• Develop a robust capacity planning, regular MI reporting and policy governance framework to support CPBB Business

• Good understanding of Group AML CDD Policy and Process Standards, ICDD/eCDD/GNS platforms as well as external regulatory requirements.

• Ensure effective management of AML CDD / oerational risks within the Function and compliance with applicable internal policies, and external laws and regulations. Identify and report all weaknesses inherent in the standard controls .

• Ensure capacity is adequate to support the processing, and the linkage between capacity planning, volumes and expenses remains robust at all times.

• Work with Business Partners, Product Partners and Risk team members to optimize Strategy and Processes, to deliver better client experience through operational efficiey while reducing unit cost

• Ensure AML CDD KPIs are effectively managed and handle escalations/process breaches

• Help the team improve their efficiency in processing applications and conducting CDD reviews through A3s and agile working appraoch.

• Responsible for managing GBS/GBA team supporting the onboardigng and CDD related activites

• Effectively manage E2E process archival and document management guidelines AML CDD operations

People & Talent

• Build bench strength and people development plans through adequate training, capacity and succession planning, upskilling the team to uplift their job knowledge with critical functions to build economy of scales.
• Lead through example and build a risk culture within the function and across frontline.

• Embed within the team Agile and New Ways of Working.

• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles.

• Employ, engage and retain high quality people, with succession planning for critical roles.

• Responsibility to review team structure/capacity plans.

• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

• Drive a self-improvement culture with focus on OKRs and A3s

Risk Management

• Take personal responsibility for understanding the risk and compliance requirements of this role.

• Support CPBB Business to uphold the integrity of risk/return decisions, by challenging business and control function heads to demonstrate that risk origination and control decisions are properly informed and consistent with
• strategy and risk appetite.

• Help strengthening the organisation\xe2\x80\x99s risk culture and accountability and reinforce the defence line up

• Contribute to a culture in which all stakeholders feel safe to raise concerns and where risk and compliance matters are addressed, and misconduct appropriately dealt with.

• Ensure risk identification, measurement, escalation and mitigating capabilities are built in the function which are objective, consistent and compliant with applicable regulations

Obtain assurance regarding the effectiveness of all process and controls. Understand and comply with applicable laws and regulations.

• To comply with the bank\xe2\x80\x99s requirements of AML, CDD and all policies related to the group reputation risk.

• Relevant DOI/Procedure/Process Notes are checked before processing and/or approving a request, in case of any exception the same is pended/rejected and reported.

• Ensure various type of risks are being actively prevented and detected in a timely manner

Governance

• Maintain a good understanding of the requirements relevant to the role and ensure that these are well understood reflected in internal procedures.

• Maintain and open and cooperative relationship in dealings with Second Lind and third Line.

• Support the Risk owners to ensure business heads and all risk control owners understand and accept their risk management responsibilities.

• In the event of regulatory breaches, policy breaches or where credit appetite have been breached, ensure senior management are informed and that actions are taken quickly to remediate.

• Identifying and reporting all exceptions on non-compliance with standard controls

• Service level are to be checked and monitored and ensure there is no breach.

• Participate and contribute in relevant Country governance forums and committees

• Ensure outsourcing arrangements related policies and procedures are fully complied in-country

Regulatory & Business Conduct

• Display exemplary conduct and live by the

. * 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

• Head, CPBB and their Management Team (MT)
• Head, BRM, CPBB India
• Head, CFCC, CPBB and team
• Head, Compliance, CPBB and team
• Group Head, Client Diligence and Group Head, Onboarding operations and their MT

QUALIFICATIONSEDUCATION

• University degree in business administration e.g. Finance, Business, Economics, Mathematics is preferred.

Our Ideal CandidateRole Specific Technical Competencies

• AML CDD Knowledge
• Leadership Skills
• Communication Skills
• Growth Mindset
• Problem Solving
• Team Management
• Operational Excellence

About Standard CharteredWe\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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:\xc2\xb7 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\xc2\xb7 Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well\xc2\xb7 Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long termIn line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.\xc2\xb7 Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations\xc2\xb7 Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum\xc2\xb7 Flexible working options based around home and office locations, with flexible working patterns\xc2\xb7 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\xc2\xb7 A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning\xc2\xb7 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

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