Job Summary

The role requires strategic thinking and technical expert with a strong background in financial crime detection and prevention, specifically using advanced analytical methodologies. This role requires hands-on expertise to design, develop and deploy analytics/models to detect suspicious activities and financial crime. The ideal candidate will possess technical expertise, a strategic mindset for enhancing Transaction Monitoring effectiveness, and good familiarity with the compliance regulations in financial sector.

• Design, Develop and deploy models for anomaly detection, behaviour profiling, network analysis, predictive scoring for TM Solutions and act as a single Point of Contact for assigned AML Transaction Monitoring Modelling related matters
• Perform data exploration, feature engineering and ensuring models are accurate, efficient and scalable.
• Support for analytical processes to enhance TM red flag monitoring and Optimising cases for investigation through AI/ML models and analytical processes
• Improve processes such as threshold tuning, reconciliation, segmentation, optimisation etc. associated with the Transaction Monitoring function across products such as CASA, Trade, Credit Cards, Securities and Financial Markets.
• The role holder is accountable for ensuring all processes/ models follow Bank’s governance process including Model Risk Policy Governance and Risk Based Rule review.
• Knowledge of core banking, payment, CDD, securities and other systems and interplay/linkages between them. Understand business domain aspects relevant to AML Monitoring and Case Management.
• Able to conceptualize, design, support and align relevant processes and controls to industry best practice, and close out any compliance gaps
• Mentoring and conducting training programs to bring the new joiners and team up to speed on new business requirements
• Provide endorsement for changes or remediation activities impacting AML Optimisation models. Also engaging with relevant stakeholders for deploying the changes to production
• Work on processes such as threshold tuning, reconciliation, segmentation, optimisation etc. associated with the Transaction Monitoring function across products such as CASA, Trade, Credit Cards, Securities and Financial Markets.
• Work towards the collective objectives and scorecard of the business function published from time to time in the form of job and performance objectives for defined periods

Our Ideal Candidate

• 8+ years of hands on experience in Transaction Monitoring design and development with atleast 5 years focussed on financial crime threat risk mitigation.
• Strong background in deploying models within TM or compliance environment with solid understanding of AML/CFT regulations.
• Post Graduate degree in Management/Statistics/Mathematics OR Graduate degree in Engineering from a reputed institution.
• Certification from the ACAMS - Association of Certified Anti-Money Laundering Specialists or equivalent.
• Strong coding skills in Python, R, SQL and familiarity with data engineering practices for model integration.

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.