Client Due Diligence Initiatives & Execution Specialist

Job Description

CDD Specialist | Standard Chartered

The Tone:
This is a full-time role at Standard Chartered, likely located in Singapore. Standard Chartered is an international bank with over 170 years of history, dedicated to driving commerce and prosperity for its clients and communities. This role is crucial within the Client Due Diligence team, serving as the first line of defense to manage financial crime compliance risks and ensure the bank operates in accordance with relevant laws and regulations, protecting its reputation and legacy.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: Hybrid, Singapore

• Team: WRB CDD team
• Mission: Execute initiatives and projects to ensure the Bank operates in accordance with relevant laws and regulations, Group/Country policies and standards, especially on AML CDD and FATCA/CRS.

What You’ll Actually Do
• Support: Implement the vision, strategy, and leadership for the WRB CDD team, consistent with WRB COO’s direction.
• Partner: Collaborate with Relationship Managers, Frontline teams, Compliance, FCC, and Tax Operations to ensure timely and effective execution of CDD, FATCA, and CRS requirements.
• Advise: Act as a trusted advisor and escalation point for complex onboarding, trigger review, periodic review, and remediation cases.
• Review: Perform end-to-end CDD reviews covering onboarding, periodic reviews, trigger reviews, client remediation, and lifecycle management activities, assessing adequacy of SOW/SOF.
• Participate: Engage in regulatory change initiatives, system enhancements, UAT, workflow optimization, and automation initiatives across CDD, FATCA, and CRS processes.

The Must-Haves
• Background: Bachelor’s degree (or equivalent) in finance, accounting, or business management, with an in-depth understanding of Financial Crime Compliance risk, including Money Laundering risk.
• Experience: 3+ years experience in CDD reviews and/or AML advisory.
• Skills: Proactive approach to problem-solving, meticulous attention to detail, fast learning ability, efficient stakeholder management, and familiarity with MAS regulations.
• Bonus: Certified Anti-Money Laundering Specialist (CAMS) preferred.