Job Summary
Role Purpose
- The purpose of this role is to provide strategic and tactical management of FCSO Transaction Monitoring Non-Correspondent Banking (NCB), Trade & Fraud teams in GBS India.
- Support the Global Head, Transaction Monitoring discharge their key responsibilities around Process Ownership at Group-level for the Transaction Monitoring as set out in the ERMF, as it relates to:
- Identification and management of the processes and associated risks including activities which are carried out by other businesses or functions, or which are hubbed or outsourced;
- Implementing the RCSA to monitor the effectiveness of the controls and standards governing the end-to-end process;
- Being responsible to the Process Universe Owner, Risk Framework or Policy Owners, and implementing the control requirements applicable to the process;
- Escalating significant risks and issues to the Process Universe Owners, relevant RFO or Policy Owners

Accountabilities
- Managing the relevant Transaction Monitoring processes within approved Group risk appetite, and breach escalation,



including:
- Implementation of process/control metrics to monitor the adherence to the group risk appetites,
- Prompt escalation of any risks or control weaknesses in the process as executed and prompt remediation. Development of appropriate treatment plans to mitigate risks or controls weakness identified.
- Review of key metrics and trends to identify issues with effectiveness and opportunities for efficiency in the Transaction Monitoring process.
- Provide input into design and enhancement of all Transaction Monitoring solutions. Training and development of resources to address all applicable risks
- Engagement of Second Line of Defence for approval, guidance, and challenge
- Review of process and control change to satisfy local and extra-territorial regulatory obligations, as well as emerging risk threats
- Review of the Group policies/standards and Country Addendum (from 2LOD) and Group DOI/gu

📌 Director, FCSO TM (Bengaluru East)
🏢 Standard Chartered India
📍 Bengaluru East