This is an Analyst Level 1 role within the Surveillance Alerts & Investigations team. The Surveillance Alerts & Investigations team carries out the essential role of detecting and deterring financial crime (which includes money laundering, terrorist financing, bribery and corruption, sanctions breaches, facilitation of tax evasion, fraud, modern slavery, insider dealing and market manipulation) and market misconduct
ICBC Standard Bank Plc (ICBCS) is 60% owned by Industrial and Commercial Bank of China and 40% by Standard Bank. ICBCS benefits from a unique Chinese and African parentage and an unrivalled global network and level of expertise
ICBCS is a leading financial markets and commodities bank, driven to deliver the right outcomes for our stakeholders, clients, counterparties and the markets in which we operate. We deliver products in an environment which considers the appropriate needs of our clients, whilst providing guidance and expertise to ensure our employees understand our business and uphold the highest levels of conduct. We want passionate and talented individuals who are motivated by high growth potential being achieved in doing business the right way
Headquartered in London, ICBCS also has operations in Dubai, Hong Kong, Shanghai, Singapore, and New York
This is an Analyst Level 1 role within the Surveillance Alerts & Investigations team. The Surveillance Alerts & Investigations team carries out the essential role of detecting and deterring financial crime (which includes money laundering, terrorist financing, bribery and corruption, sanctions breaches, facilitation of tax evasion, fraud, modern slavery, insider dealing and market manipulation) and market misconduct.
Analysts are expected to have a broad knowledge across all areas of financial crime risk and business conduct and be able to recognise and investigate suspicious behaviours that require escalation.
- To carry out automated and manual surveillance processes in accordance with the Surveillance manual
- To identify and report to the Surveillance Team Leader potential market misconduct or suspicious transactions highlighted during automated and manual surveillance processes
- To conduct communications surveillance in line with documented procedures to review for suspicious transactions, market misconduct and potential conflicts of interest
- Maintain complete and accurate records of alert dispositions, investigations and outcomes
- Maintain an up to date knowledge and understanding of market /financial affairs and Financial Crime and Market Conduct rules/regulation
- Assist the Surveillance Governance & Controls team with the testing and evaluation of Surveillance system enhancements
- Provide support to Surveillance Governance & Controls team on ad- hoc projects which require reactive response such as regulatory or exchange enquiries; this includes assisting with the implementation of remedial actions relating to such enquiries.
- Provide support to respond to internal reviews such as those carried out by Internal Audit or Compliance Monitoring
- Liaise with Business Compliance, Conduct & Control and Business stakeholders on Surveillance matters
- Provide support to deliver the annual financial crime and market conduct risk assessments
- Assist in BCP / DR testing where required
Experience required to successfully perform the role:
- Degree level education or equivalent
- Experience of working in a regulated environment, ideally within an Investment Bank or Broker Dealer
- Experience working in a Surveillance team
- Experience working with market, client and firm static data
- Experience assessing and presenting data within Excel
Knowledge, technical skills and expertise:
- Understanding of Financial Instruments and Regulated Markets
- Understanding of Commodity products and experience in Commodity market abuse monitoring
- Understanding of Investment Banking/Primary Markets transactions
- Understanding of relevant Market Abuse laws, regulations and guidelines
- Understanding of Financial Crime rules and regulations, including rules and regulations on anti-money laundering (e.g. the Joint Money Laundering Steering Group (JMLSG) guidance), counter- terrorism, anti- bribery and corruption, sanctions and fraud.
- Understanding of client onboarding processes
- Knowledge of FCA relevant Market Conduct rules
- Highly numerate with demonstrable skills in the compilation and manipulation of data
- Drafting skills - ability to draft to a high standard.