Business Analyst, FCSO Monitoring PMM

Business Analyst, FCSO Monitoring PMM

Standard Chartered
Not Specified
Not Specified

Job Description

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 160 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

  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

The Role Responsibilities
This role along with the team will work with key stakeholders across the bank to manage the monitoring solutions for Trade / SS related products. Develop AML scenarios to address the red flags and translate the knowledge with technical experts. Validate the technical implementation and ensure effective monitoring is in place. The role will work to create new models and build on pre-existing model management and monitoring processes using business and technical knowledge and tools, such as Python, Hadoop, Spark, Tableau, SQL and other tools used in predictive and prescriptive analytics.
The primary purpose of this role is to act as a first line of defence for the CFCC and business teams and ensure that the function's existing and emerging risks are adequately monitored periodically to ensure they track within pre-agreed thresholds and metrics that fall in line with risk appetite of both CFCC and the individual business segments. The role will be responsible for conducting the technical processes required to produce the periodical statistics, presenting them, further refining them, and recommending changes to models based on findings from the monitoring process itself.

  • Individual contributor - Maintain high standard of delivery and ensure no high / medium audit findings.

  • Understand business domain aspects relevant to AML Monitoring and Case Management.

  • Learn and adapt internal departmental activities and follow diligently.

  • Data analytical expert who should be able to understand the business requirement and provide automated solution in DevOps model.

  • Review all System change management, Business rule validations, Enhancements and Detection Scenario implementation.

  • Review for changes or remediation activities impacting normal transaction monitoring processing for the relevant Product/Segments

  • Review and Analyze Product Artefacts, identifying any anomalies and tracking resolution with applicable implementation teams

  • Good communication and follow-ups with various stake holders on support activities where applicable.

Risk Management

  • Apply Group and FCC policies and processes (AML monitoring) to manage risks.

  • Escalate timely on issues in banks product and segment systems impacting transaction monitoring effectiveness

  • Assessment on prioritization of upstream changes impacting Transaction Monitoring across relevant Product and Segment areas


  • Provide inputs to line manager on relevant business / segment / product related and provide updates to working group meeting actionable.

  • Ensure Product and Segment related matters impacting monitoring are raised and tracked in relevant FCC and Upstream Governance Committees

  • Support by providing inputs to line manager on major Transaction Monitoring matters impacting Product or Segment areas, where required

Regulatory & Business conduct

  • Display exemplary conduct and live by the Group&rsquos 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.

  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

People and Talent

  • 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.

Project/change management

  • Support line manager in protecting business as usual (BAU) capability during change programs, as well as during the execution and delivery of the Remediation initiatives through project phase and into BAU.

  • Provide subject matter expert advice, guidance, and support to the project managers on managing change.

  • Ability to work in Agile environment.

  • Review new business requirements and provide solutions where required.

  • Participate in system change management processes and implement the changes with at most care.


  • Support relevant stakeholders to make decisions based on current and possible future policies, practices, and trends.


  • Ensure that there is adequate support (people, processes, tools, frameworks, systems) in the respective team for necessary FCSO-PMM controls.

Key Stakeholders

  • Relevant Business teams

  • Business and segment CFCC Advisory teams

  • FCSO teams (Data & Analytics, Hub process, Risk etc)

  • ITO

Other Responsibilities

  • Embed Here for good and Group&rsquos brand and values in FCC-PMM,

  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

  • 3 years of experience in Business Analyst covering the Surveillance systems (Specifically Transaction Monitoring)

  • Experience in programming tools such as PySpark, python, HIVE, HIVE Infra, HDFS, RDBMS SQL is mandatory. DevOPs skillset bitbucket, Jenkins is added advantage.

  • Mathematical and statistical skills are also valuable to help gather, measure, organize, and analyse data.

  • Functional business knowledge or prior experience in Trade or security services or payment systems

  • Working experience with integration systems or compliance systems preferred.

  • Analysis skills: able to analyse data trends and out of pattern activities, working knowledge on data models and construct SQL queries and extract data for the given business requirement

Role Specific Technical Competencies

  • PySpark, python, HIVE, HIVE Infra, HDFS, RDBMS SQL,

  • DevOPs skillset bitbucket, Jenkins

  • Banking product knowledge

  • Surveillance (Specifically Transaction Monitoring)

  • Banking product knowledge

  • Systems Knowledge (Oracle Mantas 11g and 12c / ECM)

  • Manage Risk

Visit our careers website

Job Details

We are a leading international banking group, with a presence in more than 60 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.
Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges.

Job Source :

Similar Jobs

Career Advice to Find Better