Senior Associate, Client Onboarding, SME Banking

Responsibilities

The Client Onboarding reviewer works in partnership with RM to get the client file to required standards of SME Banking, will be responsible for assessing the risks of the client, provide assurance to the Business that the client file meets requirements and approve the file. Role comes with additional responsibilities to support the SME Banking network and international proposition.

The Client Onboarding reviewer works in partnership with RM to get the client file to required standards of SME Banking, will be responsible for assessing the risks of the client, provide assurance to the Business that the client file meets requirements and approve the file. Role comes with additional responsibilities to support the SME Banking network and international proposition.

Business Enabling support to SME Banking Front Office for all Client Onboarding related matters. Main knowledge to support cross border account opening is critical.

• KYC/ CDD Account Opening
• Manage client approval end to end for the SME Banking files
• Review New Account Opening Documentation for completeness and validity
• Review accounts against all set internal standards for Client Dueiligence
• Check quality of the Source of Wealth if it meets set standards for On-boarding
• Conduct name screenings, adverse media findings, Sanctions links, Tax red flags
• Ensure complete and accurate record keeping of all relevant communications

• Ensure accuracy of data captured in SME system
• Advise frontline on SME CDD policy and procedures and applicable local regulations
• Escalate higher risk relationships and reputation risks arising from CDD to SME Compliance
• Consult with functional experts (i.e. Legal, Compliance, Tax) as needed
• Contribute to the implementation and controls for daily processes
• Comply to agreed Turn Around Times for assigned activities as detailed in the Document Operating Instructions and the Service Level Agreements
• Promote the spirit of continuous improvement by flagging any procedural issues that impact delivery of responsibilities with suggestions improvements and work around

• Solid knowledge and understanding of regulatory requirements relating to SME Banking CDD/AML
• Excellent verbal, presentation and written communication skills
• People and service oriented. A team player.
• High level of integrity and professionalism, with High attention to detail

Execution responsibility for identifying, assessing, monitoring, controlling, and mitigating financial crime risks, sanctions risks and reputational risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them.

Group Procedures including Group CDD Standards, SME Banking Segment Addendum and Country Addendum as well as guidance and department operating instructions.

• 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
  • SME Market and Business Heads across the SME network
  • SME Banking Relationship Managers, Team Leaders and Client Services Managers
  • CFCC Advisory team
  • COO, Onboarding, WRB & COO, SME Banking
  • Head, Business Enablement & Strategic Initiatives, SME Banking
  Other Responsibilities
  • Do the right thing:
    Be brave, be the change;
    Think client;
    Live with integrity
  • Never Settle:
    Continuously improve and innovate;
    Simplify;
    Learn from your successes and failures
  • Better together:
    See more in others;
    How can I help? Build for the long term
  Our Ideal Candidate
  • Bachelors Degree
  • ACAMS or ICA Certification would be preferred.
  • 3+ years of experience in SME Banking
  Role Specific Technical Competencies
  • Manage Conduct
  • Manage Risk
  • Manage Stakeholders
  About Standard Chartered

  We're an international bank,…