CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
Senior Manager, Corrrespondent Banking Due Diligence Advisory
Standard Chartered Bank Singapore
January 30, 2018
Regional Correspondent Banking Due Diligence Advisor
Act as subject matter expert for Correspondent Banking (CB) business regionally.
BSA/AML and sanctions expertise relating to different products and services offered by the business with predominant focus in global trade, transaction banking, FX, loans and syndications.
Act as underwriter for AML/FCC risk to ultimately uplift the quality of CDD files.
Conduct targeted reviews and visitations with correspondent bank clients to follow-up on pertinent concerns identified by Compliance or the line of business as well as visit new/potential correspondent client Financial Institutions (FIs) to discuss and assess their compliance management programs.
Work closely with Financial Crime Compliance (FCC) Correspondent Banking FI Due Diligence team, trade and payment product partners to identify emerging trends and high-risk transactions and activities to take appropriate measures to mitigate the risks including restriction of transactions to account closures including managing suspicious activity reporting and unusual activity reporting for the portfolio.
Identify emerging risk trends within the portfolio and take appropriate remediation action steps to manage/mitigate the risks including updating senior management and various stake holders through situation update reports.
Review monthly MIS and client specific dashboards including SARs, NCTs and RFIs
Work closely with different lines of business compliance and financial crime teams to ensure that the business meets local and bank wide policies and procedures through different reporting to various stakeholders and bank regulators.
Work with FCC to ensure policy and procedures are aligned with regulatory requirements and are operationally feasible.
Help identify training needs and execute wherever required.
Implement a strong governance framework.
Support internal audits and regulatory exams to address, remediate and mitigate high risk clients, high risk issues impacting at the portfolio level.
Support the facilitation and fulfillment of requirements because of external and internal exams.
Develop, track and follow-up on issues, action plans and escalation reports stemming from AML-related governance to ensure timely response and action.
Identification and escalation of potential risks and issues to senior management through appropriate governance channels.
Proactively monitoring correspondent banking portfolio transaction monitoring reports and dashboards.
Monitoring operational effectiveness and provide overall oversight of financial crime risk related responsibilities for the CB business.
Development and maintenance of financial crime metrics inventory
Creation and presentation of executive reports defining compliance and risk management components of the AML/ATF/ABC and sanctions initiatives being driven by the business
Overseeing and conducting special projects and other duties as assigned.