Job Description & How to Apply Below
Location: Bengaluru
Job Summary
This role could be based in India and Singapore. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country where the role is based.
The CIB Coverage COO KYC Policy Implementation (PI) team manages the implementation of Group and local KYC requirements for CIB originating from CFCR and applied by the First Line community of local/regional Business teams, Client Management Teams (CMT) and Delivery Operations.
The Team also actively supports the design and development of the target state KYC processes under the current Transformation programme.
We are currently hiring a Policy Implementation Manager (Band
5) based in Singapore to strengthen the team.
We operate an end-to-end accountability model where each team member takes charge of the entire policy implementation process, from initial consultation to delivery and warranty. Similarly, team members own the entirety of specific Transformation initiatives. This is a role for individuals with a strong sense of achievement and willing to learn and apply a wide array of skills across a broad range of stakeholders.
Key Responsibilities
Strategy
The KYC Policy Implementation ('PI') team within CIB Coverage COO manages the implementation of Group and local KYC requirements for CIB originating from 2nd Line Compliance (AML Policy and CFCR) and applied by the First Line community of Country/Regional Business Teams, Client Management Teams and Delivery Operations Teams in-country and in Global Banking Services (GBS).
The Team also actively supports the current Transformation programme via expert policy input into the design and development of the target state KYC processes, data structures and platforms.
We are currently hiring a KYC Policy Implementation Manager based in Singapore to support:
The implementation of Group Standards and/or of local requirements in the SC Network across Customer Due Diligence, Name Screening, Anti-Tax Evasion and Financial Crime Information Sharing
The KYC tenet of the Fit For Growth Transformation programme and the implementation of a Trigger Based framework to ongoing KYC Reviews.
Business
Support the Business in understanding the impacts of changes in regulatory requirements;
Approach implementation of changes from a Business, Client, and RM lens;
Place user, RM and Client experience at the centre of the target state design.
Processes
Policy Implementation
Support the end-to-end change process from initial policy consultation to delivery and warranty, whether for changes to Group Standards or local Country Addenda:
Perform Client Lifecycle Impact Assessment ('CLIA') related to policy changes;
Support the implementation and enhancements of systems, processes, and controls;
Engage with Delivery Operations and Client Management Teams to define and ope rationalise process changes arising from new or evolving requirements;
Support training and communications to the user community;
Facilitate ongoing improvement of KYC/CDD processes;
Work closely with Regional stakeholders to enhance the quality of process guidance based on user feedback and thematic issues identified via Quality Control.
Fit For Growth Transformation – KYC Trigger Based Reviews
Act as KYC Subject Matter Expert to the programme
Ensures compliance of business rules engine to internal policies and procedures
Redevelop Line of business procedures to match the new operating model
Review and sign off fitness of individual capabilities such as Trigger Rules engine, data aggregator
Support engagement with the Network countries in their adoption of the framework
Assess local KYC requirements against Global Key Risk Attributes and support codification thereof
Participate in other ad-hoc aspects of the programme
Risk Management
Support the application of risk management disciplines as required such as recording and tracking of risk events;
Follow at all times operational risk management requirements.
Governance
Adhere at all times to applicable governance requirements.
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
KYC Process Owner
FFG and CL Transformation stream Leads
Regional, cluster and in-country Client Management Teams (CMT) and CDD Execution Teams
GBS Operations
Group, Cluster and Country Conduct and Financial Crime Compliance (CFCC)
Country Operational Risk
Product Owners for core Client Life Cycle Management systems and tools
Other stakeholders as involved from time to time in the policy implementation process
Qualifications
Master's…
Note that applications are not being accepted from your jurisdiction for this job currently via this jobsite. Candidate preferences are the decision of the Employer or Recruiting Agent, and are controlled by them alone.
To Search, View & Apply for jobs on this site that accept applications from your location or country, tap here to make a Search:
To Search, View & Apply for jobs on this site that accept applications from your location or country, tap here to make a Search:
Search for further Jobs Here:
×