JOB SUMMARY Within the Financial Crimes Compliance, ("FCC"), the Sanctions Compliance Team ("SCT") is responsible for the review of alerts in transaction and customer screening. Analyst are lead by Team Leads at the Associate level on the behalf of the Vice President ("VP") and report into a respective Team Lead. Analysts have the responsibility for overseeing the processes under their V.P.'s remit. The analyst may be involved in performing assignments in the absence of the Team Lead and ensure compliance of all transaction examination activities in accordance with regulatory requirements Bank Secrecy Act/Anti Money Laundering/Office of Foreign Assets Control (BSA/AML/OFAC), SMBC policies and procedures. SCOPE The Analyst follows established guidelines and to critically assess if system-generated alerts may warrant further investigation. May assist in training others. May perform manual screening related processes and communication with departments internal to the bank on the status of pending items. Individuals are expected to contribute to work flow or process change and redesign, and to form a strong understanding of the specific process. Primary focus is on execution within defined parameters, with some expansion based on developing capabilities and experiences. Complex transactions escalated to next level of investigation.
PRIMARY RESPONSIBILITIES The job responsibilities are described herein:
CRITICAL JOB KNOWLEDGE AND CORE COMPETENCIES/SKILLS
REQUIREMENTS
WORK ENVIRONMENT
SMBC's "5 Values" guide the overall culture of the work environment - Customer First; Proactive/Innovative; Speed; Quality; and Team SMFG. This job is performed in a secured bench seating office environment, using standard office equipment (i.e., desktops, phone, etc.) The role may regularly require long hours and occasional weekend work, as job duties and team priorities demand.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform this job: Standard SMBC office environment. TRAVEL
Percentage of travel required: 0 - 10% OTHER DUTIES
This position is designated as a Continuity Assurance Position (CAP). This job description is not designed to cover or contain an all-inclusive list of duties and responsibilities that are required of the position. Duties and responsibilities may change as SMBC deems necessary, including other duties and responsibilities assigned at any time with or without notice. At any given juncture, certain of the duties and responsibilities listed in the job description may constitute essential functions of the job.
SMBC provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law. Further, SMBC takes affirmative action to ensure that applicants are employed and employees are treated during employment without regard to any of these characteristics. SMBC maintains affirmative action plans for minorities, women, persons with disabilities, and veterans
Click the checkbox next to the jobs that you are interested in.
Automation Skill
Bilingual Skill
Transaction Screening Analyst - L3
Standard Chartered, Newark, NJ
Transaction Screening Analyst - L3 - Escalation
Standard Chartered, Newark, NJ