Compliance Risk Standard (CRS) Officer (8 months Contract)

  • Competitive
  • Kuala Lumpur, Malaysia
  • Permanent, Full time
  • Standard Chartered Bank Malaysia Berhad
  • 15 Dec 17 2017-12-15

Compliance Risk Standard (CRS) Officer (8 months Contract)

  • Conduct Client Due Diligence (CDD) primarily on Corporate & Institutional Banking (CIB) and Commercial Banking (CB) clients.
  • This will require working with Relationship Managers to understand the client, assess the client's Anti-Money Laundering (AML) Risk, gather documentation from publicly available sources, liaise with clients to gather documentation, liaise with other departments and produce high quality CDDs.

Key Roles and Responsibilities

  • Provide Relationship Managers (RM) with insights into clients' AML risk and develop an understanding of Industry sector, client information and other relevant factors that could impact the Bank's AML risk.
  • Liaise actively with the CDD Centre of Excellence team , Relationship Managers and members of the Operational Risk and Compliance functions.
  • Maintain CDD at the highest level of quality to protect the Bank from regulatory risk which could result into financial and reputational damage.
  • Enhance the customer experience by ensuring that CDD is customer centric and straight forward.
  • Use SCB systems to record, renew and maintain records of CDDs for clients.
  • Continuously monitor and review the CDD processes, systems and underlying policies to ensure they are efficient, fit-for-purpose and provide effective controls.
  • Act as the CDD specialist for the CIB/CB team in the Malaysia community to advise and provide expertise to the CIB/CB community around all CDD matters.
  • Assist in disseminating CDD-related training and communications to the CIB/CB community and to implement new policies, processes or systems which relate to the CDD model.
  • Assist in Financial Crime Compliance (FCC) / AML tasks and ensure outcome meets the minimum deliverables required in each case assigned.

Qualifications and Skills

  • Degree / Diploma holders, preferably relevant to Finance, Accounting or Banking.
  • Willing to work on 8 months' contract term.
  • A minimum of 2 to 3 years' relevant experience. Fresh graduates are also encouraged to apply.
  • Previous Exposure to Project Management or Change Management.
  • Familiar with Tax compliance related matters.
  • Computer Science graduate or any other field, that having knowledge of Database query skill and familiar with SQL language or SAS.
  • Familiar to use MS Excel advance formula and function is not a must but will be added advantage.
  • Strong analytical and critical acumen skills.
  • Thorough understanding of the Bank's operational policies.
  • Ability to lead or work well within teams is essential.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.