Senior Specialist, FCSO TM Tuning & Optimisation

About the position

The role of a Senior Specialist on the FCSO TM & Fraud -Tuning team is that of an individual contributor and involves working with three facets - 1. Working with large volumes of confidential and regulated data associated with customer's financial transactions 2. Development of scripts and routines using new age programming languages and working of the Oracle / Hive environments to work with large volumes of structured and unstructured data 3. Apply analytical / statistical / quantitative models on data to identify anomalies and patterns which help in providing insight on the AML behaviour associated with customers and the transactions conducted by them. The role is a global role that cuts across geographies and products of the Bank which are subjected to AML monitoring.

Responsibilities

• Analyse comprehensive impact of financial crime related regulatory matters on the relevant business area and its operations.
• Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications.
• Regularly engage with business stakeholders to understand their requirements, and address their concerns.
• For technical roles, write production quality code. Adhere to the best practices in coding like following PEP-8 standards, writing unit tests, etc.
• Perform threshold tuning / retuning for detection scenarios and risk indicators across products such as CASA, Trade, Credit Cards, Financing Securities Services and Financial Markets - Third Party Payments.
• Perform segmentation of customers as per the Global Segmentation Model in force at SCB.
• Perform reconciliation of detection scenarios and risk indicators across products such as CASA, Trade, Credit Cards, Financing Securities Services and Financial Markets - Third Party Payments.
• Perform Adhoc / Bespoke Analysis (Impact Assessments) based on requests from Country FCC stakeholders within the group / regions / country and FCC / FCSO teams.
• Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
• Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
• Understand technical aspects of systems relevant to CDD, Client Risk Assessments, AML Monitoring and Case Management.
• Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring systems.
• Review and assess existing system and controls relevant to FCC to ascertain operational performance and effectiveness.
• Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
• Apply Group and FCC policies and processes (AML Monitoring) to manage risks.
• Ensure that detection scenarios that are developed and deployed are fit-for-purpose.
• Attend relevant team and leadership meetings.
• Ensure tracking and remediation of surveillance and investigations related regulatory findings.
• Prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations.
• Display exemplary conduct and live by the Group's Values and Code of Conduct.
• Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Requirements

• Must be a quick learner, willing to learn any technology that might be required to complete the task.
• Exposure and experience to monitoring systems such as DETICA and MANTAS.
• Knowledge/Experience with Big data tools like Hadoop, Spark, etc.
• Knowledge/Experience in Machine learning algorithms/systems.
• Certification from the ACAMS - Association of Certified Anti-Money Laundering Specialists or equivalent.
• Strong analytical and problem-solving expertise.
• Good communication and documentation skills.
• Excellent collaborative and team building skills and a desire to work as a part of a high functioning team of financial intelligence specialists.
• Experience in statistical modelling, and analysis using techniques such as regression analysis, multivariate analysis, factor analysis, and clustering.
• Good problem solving abilities, ability to work independently and proactively and possess good communication skills.
• Eager and enthusiastic to learn new technologies and frameworks.
• Proficiency and hands on experience of any of the programming solutions including SAS, SQL, R, Python, PySpark, HQL etc.
• Good knowledge of relational databases like Oracle, SQL Server, MySQL, DB2 and HaaS (Hadoop) with experience with SQL / HQL scripting.
• Experience with web based application development, familiarity with HTML, CSS, JavaScript frameworks like Angular JS and web frameworks such as Django or Flask.
• Exposure to Unix / Linux Systems.
• Familiarity with basic software development productivity tools like Git, Jira, Confluence etc.

Nice-to-haves

• Any experience in Banking and Financial Crime and Compliance would be an added advantage.

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.