Job Summary

Key responsibility is to perform client acceptance reviews which is inclusive of, but not limited to; name screening, CDD and KYC checks, risk profile assessment of prospects, trigger review management etc. for PvB Onboarding.

Key Responsibilities

Review accounts against all set internal standards for Client Due Diligence
Check on the quality of the Static Information and Source of Wealth if it meets all set standards for Account Opening, Maintenance and Trigger review.
Review the other Due Diligence requirements such as adverse media findings, Sanctions link, Tax red flags etc.
Determine and advice the frontline if other searches are needed to supplement those already done for Account Opening.
Advise on PvB CDD policy and procedures and applicable local laws and regulations
Advise on and escalate higher risk relationships and reputation risks arising from CDD to Compliance or Local Client Committee (LCC)
Consultation with functional experts (i.e. Legal, Compliance, Financial Crime compliance) as needed




Contribute to the implementation and controls for daily processes and assist with the update of procedures
Leverage on expertise and train the frontline in order to produce high quality SOW and complete Account Opening Pack to avoid reworks and to aid in faster turnaround time.
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.
Provide a final recommendation to proceed/not proceed on accounts submitted for Account Opening or Account Maintenance.

Business

Bangalore

Processes

KYC/CDD Account Opening, Maintenance and Trigger Review

People & Talent

Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration wit

📌 Manager, Private Banking Operations (Bengaluru)
🏢 Standard Chartered India
📍 Bengaluru