Manager - Private Banking Client Onboarding UAE National Preferred

Manager - Private Banking Client Onboarding UAE National Preferred

Location: Dubai, AE
Area of interest: Private Banking & Wealth Management
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 Private Banking 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 Private Banking 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
UAE
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 with risk and control partners
Execution responsibility for identifying, assessing, monitoring, controlling and mitigating financial crime risk, sanctions risk and reputational risks to the Group. Also, an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
Regulatory & Business Conduct
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. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Lead to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
Private Banking Market and Business Heads
Private BankingRelationship Managers, Team Leaders and Client Services Managers
Private Banking Heads of Compliance and Compliance teams
Financial Crime Compliance network
Country On-boarding Team.
Other Responsibilities
Here for good and Group's brand and values
Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
Skills and Experience

CDD
AML/KYC
MS Office
Qualifications

Adequate knowledge and understanding of regulatory requirements relating to CDD/AML and internal procedures
Relevant experience in AML/KYC and/or client onboarding, from banking and/or financial services sector with a focus on private banking clients, including corporate
Compliance knowledge applicable to the Financial Services industry, including relevant professional certification on AML/CFT
Excellent verbal, presentation and written communication skills
Ability to think globally / see the overall picture and multi-task
High level of integrity and professionalism
High attention to detail

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together we:
Do the right thing

and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
Never settle,

continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
Are better together,

we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer

In line with our Fair Pay Charter,

we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
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.
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