FCSO QA Screening Specialist

Standard Chartered

Location: Bengaluru, Karnataka, India

Category: Operations

Salary: 0 - 0 INR / monthly

Full-time

Job Description

The FCSO QA Screening Specialist is responsible for performing in-depth screening of customer names and related entities against watchlists, sanctions, politically exposed persons (PEPs) and adverse media to ensure compliance with regulatory requirements and mitigate financial crime risk.

Responsibilities

Perform quality control process as stated in the Screening DOI's and by employing a risk-based approach to address financial crime/money laundering risks
Perform name screening using internal systems and third-party databases to identify potential matches with sanctions, PEPs, and adverse media.
Analyze and evaluate matches to determine if they are true hits or false positives.
Escalate confirmed hits to senior analysts or management for further review.
Maintain accurate records of screening outcomes and investigations.
Assist in publishing quality control results and participate/lead discussions with the respective teams to highlight identified exceptions and thematic trends if any
Adhere to expected deadlines as stated in the DOI's and recommend appropriate process/DOI Changes
Ensure data integrity and confidentiality in line with company policies and regulatory requirements.
Stay updated on global sanctions, PEPs, and other regulatory requirements.
Ensure screening processes are aligned with relevant laws and internal compliance policies.
Provide timely and accurate reports on screening activities.
Identify process inefficiencies and suggest improvements to enhance the effectiveness of screening tools and procedures.
Participate in regular training to stay informed about emerging risks and best practices in compliance and financial crime prevention.

Qualifications

Sanctions and screening (PEP, adverse media and transaction) surveillance skills
Analysis skills: able to analyze data, working knowledge of Internet and MS Office Suite & independently assimilate, analyse and evaluate information from disperse data sources to determine a course of action (e.g. case closure or escalation), and record and communicate this decision clearly and concisely.
Banking: knowledge in terms of customers, products and transactions
Banking operations experience (Client Due Diligence, payments, trade, markets or other) and service-oriented attitude.

Perks & Benefits

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.

Why Join Us?

Work for a bank making a difference in the world
Opportunities for career growth and development
Inclusive and diverse work environment