Analyst, Communications Surveillance - Kuala Lumpur, Malaysia - Standard Chartered Bank

    Standard Chartered Bank
    Standard Chartered Bank Kuala Lumpur, Malaysia

    2 weeks ago

    Standard Chartered Bank background
    Full time
    Description

    Role Responsibilities

    The Communications Surveillance Program is to detect potential market misconduct (such as market manipulation, disclosure of Material Non-Public Information, and disclosure of false or misleading information inducing transactions) through the review of Electronic and Voice Communication alerts of identified in-scope employees. This role (Compliance Surveillance Analysts) will conduct reviews of surveilled SCB employees to detect such potential violations, escalate to appropriate parties / control partners , Financial Crime and Compliance (CFCC Advisory Compliance), and follow through till case closure.

    Processes

  • Communications Surveillance includes system generated alerts review, manual reviews and voice monitoring.
  • Perform initial review of alerts and/or escalate cases by following the relevant Surveillance Procedures to detect potential market misconduct or mis-selling risks as well as irregular behaviour that may lead to regulatory / compliance issues.
  • Escalate any potential issues to the Team Leads / Communications Surveillance SMEs for further review and follow up, where necessary.
  • Responsible to perform optimization which would lead to improved programme coverage, efficiencies, risk identification and false alerts reduction.
  • Work with platform development Change team and Technology team on New Scenario Development, New Source Channels and additional language coverage.
  • Ad hoc data retrievals and reviews from source, Bloomberg Vault, Reuters Messenger Compliance Module, Discovery Accelerator, Skype and Ice Chat, where required.
  • Drive / encourage initiatives aimed at helping improve efficiency and boost quality of existing surveillance processes (automated alerting / manual monitoring) as well as the design and implementation of controls. Actively strive to enhance the current scenarios / systems and challenge status quo through driving improvement / automation initiatives. Manage and protect business as usual capability during change programs / remediation initiatives.
  • Support other stream of work whenever there is a business need.

    • Risk Management

  • Responsible for identifying, assessing and / or escalating potential market misconduct and mis-selling risks to the Team Leads / Communications Surveillance SMEs for further review and follow up.

    • Regulatory & Business Conduct

  • Display exemplary conduct and live by the .
  • 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 the Compliance Surveillance team in GBS Malaysia to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets, Financial Crime Prevention; Creating the Right Environment.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

    • Key stakeholders

  • Support effective and timely communication along with collaboration cutting through functions, businesses, and locations.

    • Other Responsibilities

  • Embed Here for good and Group's brand and values in the Compliance Team.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

    • Qualifications

    Training, licenses, memberships and certifications

  • Bachelor degree and 4-8 years of work experience in the financial industry, preferably in the market conduct / compliance / communications surveillance space
  • Banking knowledge in terms of customers, products, transactions and operations
  • Experience in the communication surveillance process and the vendor tools, including but not limited to Digital Reasoning, Nexidia, preferred
  • Proficient in MS Office Suite, Power Query; additional programming capabilities Python, VBA is advantageous
  • Excellent communication in English (articulation and writing), Mandarin, Cantonese. Additional language capabilities , Bahasa, Korean, Hindi advantageous
  • Analytical, attention to details.
  • Ability to multitask, prioritise and meet deadlines.

    • Our Ideal Candidate

  • Manage Conduct
  • Manage Risk
  • Compliance Policies and Standards
  • Compliance Review and FCC Assurance
  • Surveillance
  • Investigations
  • Compliance Risk Assessment
  • Manage Change
  • Manage Projects