Business CDD Specialist

Job ID: 39246

Location: Singapore, SG

Area of interest: Private Banking & Wealth Management

Job type: Regular Employee

Work style: Office Working

Opening date: 8 Sept 2025

JOB SUMMARY

The key responsibilities of Business CDD Specialist in PvB Business Enablement Team include reviewing the submission of new business ("NB") from Wealth planners/Relationship Managers to a trust company in Singapore, supporting fiduciary review ("FR") of trust structures, supporting PvB SG Regional Head in reviewing/approving new account opening and periodic review of PvB SG clients, and any assigned tasks/projects.

RESPONSIBILITIES

Strategy & Business

With the awareness and understanding of the Group's business strategy and model, coupled with staying abreast of industry news, provide financial information support for business consideration.

Processes

SCB licensed trust company

• review new business submitted from different PvB AC to trust company and support fiduciary review of existing trust structures established by PvB clients.
• review and provide comment on any change in Group and PvB policies and procedures, revise DOIs of trust company to align with any change in policies, procedures and regulations.
• Handle control sample testing, internal & external audit requests/queries, extract data for management reporting, escalate new business and periodic review cases to relevant stakeholders for further handling.
• Ensure that the expectations of the relevant stakeholders are adequately managed throughout the above processes.
• Support the team with any work/task/project assigned.

PvB

• Support/review new account opening and periodic review submitted to PvB SG Regional Head.
• Prepare data/presentation materials and MI for management where necessary.
• Support the team with any work/project/task assigned.

People & Talent

• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
• Employ, engage and retain high quality people, with succession planning for critical roles.
• 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.

Risk Management & Governance

Ability to have a controls centred mind while conducting day to day operations, identify key issues and propose course of mitigation.

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

• SCTS Trust Administration Teams
• SCB Country Finance Team
• SCB PvB RM, CSM and Wealth Planner teams
• SCB PvB front office and supervision teams
• SCB PvB Business Risk Management teams
• SCB Management team
• SCB CFCC teams
• SCB PvB CAR teams, GBS teams
• Other internal and/or external Stakeholders registered agents/service providers, etc.)

Our Ideal Candidat

• 5 plus years in trust administration and/or private banking compliance roles
• Experience in reviewing KYC/CDD or source of wealth.
• Prior working experience in trust companies or banks will be advantageous
• Trust / banking compliance background is essential.
• Society of Trust & Estate Practitioners ("STEP") qualified would be an added advantage.
• Advanced skills in Microsoft word, excel etc. would be advantageous
• Strong analytical skill.

Role Specific Technical Competencies

• Member of Society of Trust & Estate Practitioners ("STEP")
• Microsoft excel, word
• Tax and/or legal background.

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.

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