Shell Analyst - Counterparty Due Diligence (CDD) in Houston, Texas
Analyst - Counterparty Due Diligence (CDD)
No. of Positions:
Reporting to the Manager CDD Existing Business, the Analyst CDD is part of the CDD Existing Business team within the Global Financial Crime team.
The Global Financial Crime team has responsibility for:
Counterparty Due Diligence as part of initial counterparty onboarding and periodic re-review;
Acting as Financial Crime, Trade Controls and Sanctions Subject Matter Experts (SMEs), where queries from the T&S business are escalated by the Compliance Advisory Teams.
The Analyst CDD has responsibility for:
Completing periodic reviews of existing counterparties in line with policies and procedures;
Reviewing and assessing overnight screening alerts for existing counterparties;
Completing updates of existing counterparties in line with policies and procedures.
The Analyst CDD will be expected to:
Develop an understanding of the Trading & Supply compliance systems and controls including a working knowledge of the Financial Crime policy and procedures;
Review the risk profile of existing counterparties and their business activity and complete an updated risk assessment and recommendation on their suitability to continue business with Shell Trading and Supply;
Complete periodic reviews at different levels of due diligence depending on the risk profile- Simplified, basic, standard and enhanced. Risk assessments to include analysis of findings, identification of any red flags and mitigation;
Liaise with Counterparty Onboarding Focal Points to confirm the relationship is still required and obtain required company information/documentation;
Analyse substantial amounts of data including transactional data. Verify evidence obtained and identify red flags and other areas of concern;
Prepare documentation to support discussion with Senior Manager on counterparties with significant financial crime risks and/or High-Risk PEP relationships;
Ensure compliance with policies and procedures for periodic reviews, including handling of customer data to comply with GDPR;
Review alerts generated through overnight screening to identify positive alerts. Assess and manage the impacts of positive alerts in line with policies and procedures;
Review update requests for existing counterparties and assess the impact to the counterparty risk. Complete update requests in line with policies and procedures;
Articulate due diligence requirements and the onboarding process to stakeholders at all levels of the organisation;
Escalate issues that require further investigation;
Prioritise workload with shifting demands and priorities in a fast-paced commercial environment;
Work to tight deadlines and often under pressure;
Be an active and effective member of the Financial Crime team.
No direct reports.
Member of the Global CDD Existing Business Team.
Responsible for performing periodic reviews, reviewing and assessing overnight screening alerts and changes to existing counterparties.
Auto req ID:
Country of Work Location:
Shell is a global group of energy and petrochemical companies with about 84,000 employees across more than 70 countries. We aim to meet the world’s growing need for more and cleaner energy solutions in ways that are economically, environmentally and socially responsible. We have expertise in exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals.
As a global energy company operating in a challenging world, we set high standards of performance and ethical behaviors. We are judged by how we act and how we live up to our core values of honesty, integrity and respect for people. Our Business Principles are based on these. They promote trust, openness, teamwork and professionalism, as well as pride in what we do and how we conduct business.
Building on our core values, we aspire to sustain a diverse and inclusive culture where everyone feels respected and valued, from our employees to our customers and partners. A diverse workforce and an inclusive work environment are vital to our success, leading to greater innovation and better energy solutions.
Please note: We occasionally amend or withdraw Shell jobs and reserve the right to do so at any time, including prior to the advertised closing date.
Before applying, you are advised to read our data protection policy. This policy describes the processing that may be associated with your personal data and informs you that your personal data may be transferred to Royal Dutch/Shell Group companies around the world.
The Shell Group and its approved recruitment consultants will never ask you for a fee to process or consider your application for a career with Shell. Anyone who demands such a fee is not an authorised Shell representative and you are strongly advised to refuse any such demand.
Shell participates in E-Verify.
All qualified applicants will receive consideration for employment without regard to race, color, sex, national origin, age, religion, disability, sexual orientation, gender identity, protected veteran status, citizenship, genetic information or other protected status under federal, state or local laws.
Shell is an Equal Opportunity Employer - Minorities/Females/Veterans/Disability.
Houston - EP Center Americas
Bachelor Degree with at least 2 years of working experience in KYC/AML areas.
Experience in Tier 1 Financial Institutions (Wholesale, Commercial/Corporate, Investment Banking) and/or large Commodities or Trading Houses (Oil, Energy) would be highly valuable.
Certifications in AML such as Certified AML Specialist (CAMS), International Association Diploma in Anti Money Laundering or suitable equivalent would be advantageous.
Fluent in Arabic, Russian, French, Spanish, German, Dutch, Portuguese or Mandarin would be advantageous.
Understanding of high risk jurisdictions and the associated risks.
Understanding of the risks of dealing with Politically Exposed Persons.
Understanding of corporate structures and complex entity structures including SPVs, Trusts, Funds including identification of Ultimate Beneficial Owners.
Robust written and verbal communication skills.
Stakeholder engagement skills to manage relationships across different businesses and functions.
Exhibit resilience at work. Be able to meet tight deadlines often under pressure.
Self-starter who can work independently demonstrating personal drive and taking own initiative.
Demonstrated ability to collaborate and work effectively in a team.
Compliance is a foundation of the way in which T&S does business and therefore integrity is one of the fundamental values that we are seeking as part of the Compliance team. We believe integrity is the hallmark of a person who demonstrates sound moral and ethical principles during their work. Integrity is the foundation on which co-workers build relationships, trust, and effective interpersonal relationships. It is essential that the successful candidate will be able to give clear examples of integrity as one of their core values.
City, State (if applicable):
- Shell Jobs