Associate, CDD Operations

Roles & Responsibilities

Job Summary

Client Due Diligence Analyst

Join our Client Due Diligence team as an Analyst and be part of our first line of defence. You'll tackle financial crime risks to keep our business safe. From understanding our clients' expected banking activities to combating fraudulent ones, the work you do will be complex and interesting.

You'll be trusted to take on challenging projects that stretch your skills, locally and globally. And you'll experience the opportunities and rewards that come with protecting an international bank with a long history of helping people prosper. Our Client Due Diligence (CDD) team sits within our global Technology and Operations team.

About our Technology & Operations Team

Our Technology & Operations (T&O) team is the powerhouse for the Bank. We aim to go further, faster, to ensure we're agile and ready for tomorrow, today. Our diverse network enables us to innovate and build banking solutions that support communities to prosper. We're a place where talented people are encouraged to grow, learn, and thrive, to drive their own career journeys, to reach their full potential. 

When you work with us, you're protecting the reputation and legacy of a 170 year organisation and building on it. We're driven by progress and continuously evolving to ensure we're agile and ready for tomorrow, today.

Key Responsibilities

Key Responsibilities

As a Client Due Diligence Analyst, you'll be responsible for supporting the delivery of end-to-end, best-in-class onboarding for our Wealth and Retail Banking clients. You will

• Verify client identity using various documentation and tools.

• Conduct comprehensive background checks and risk assessments on new and existing clients.

• Screen clients against 'Know Your Customer (KYC)' lists.

• Prepare detailed reports documenting findings and risk ratings.

• Escalate high risk or suspicious cases to senior management and/or compliance teams.

• Ensure onboarding adheres to anti money-laundering, client due diligence, and 'Know your Customer' regulations and internal policies.

• Liaise with clients to obtain necessary information and documentation.

• Stay up-to-date with anti-money laundering and 'Know Your Customer' regulations and financial crime trends.

• Knowledge of financial crime, compliance, client due diligence and 'Know Your Customer' regulations.

• You'll have strong attention to detail and the ability to analyse data.

• You'll be able to prioritise your time well, with project management abilities and problem-solving aptitude.

Our Ideal Candidate

• 2+ years working experience in performing CDD reviews in a Bank environment
• Familiar with MAS regulations and requirements towards AML standards for Banks in Singapore.
• Has good awareness of Risk concerns and is able to identify and address such risk concerns independently.
• Meticulous and has an eye for details
• Fast learner and efficient
• Good Stake holder management

Role Specific Technical Competencies

• Proficient in handling CDD Reviews for SME Entity clients. Having CDD knowledge on Retail is an advantage.
• Conversant and have good understanding in handling of client reviews relating to Periodic, Trigger and New Client Onboarding
• Able to review and assess on High Risk clients who is involved with Risk Events like PEP, Adverse Media, Sanctions, etc
• Sound knowledge and understanding of complex entity structures and be able to fully unwrap such clients.
• Conversant on the type of documents required as part of a CDD Review or for purposes of Corroboration, etc
• Clear understanding on the constituents of SOW requirements and how such information is to be obtained and documented as part of client wealth journey
• Analytical mind and ability to articulate the risk concerns and mitigants to complete the review.

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.

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 www.sc.com/careers

Tell employers what skills you have

Background Checks
Powerhouse
Charter
Defence
Lifestyle
Assertive
Due Diligence
Strong Attention To Detail
Retail Banking
Advocate
Banking
AML
Finance
Articulate
Senior Stakeholder Management
Oral & Written Communication Skills

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