Associate

This is an Individual Contributor Role, the job holder will work on alert processing, participate in coordinated discussions with line management, business partners for updates and guidance regarding process flow, and procedures and regulatory issues and Manage preliminary investigation reports for the business area to meet established standards in the Service Level Agreement (SLA). The job holder will work at the capacity of an Associate, hence working on the standard alert adjudication at a basic level., the job holder works on the Live Transactions to screen and identify Sanctions Concerns within the SLA’s.

What you’ll do: (List out Key Responsibilities)

•  Review and undertake full investigation of the alerts escalated from Level 2 and sic alert ensure the Potential / True Matches are closed as appropriate; False Positives are discounted as appropriate; RFIs are raised if client information is insufficient to take a decision unable to determine if the Alert is a PEP or not. 
• To ensure process productivity and quality targets are set, monitored and achieved to ensure optimum resource utilization and achievement of business objectives and customer Service Level Agreements (SLAs)
• MI and other business data requirements are completed accurately and supporting statistics/reports/returns are presented to business/management within agreed timescales• Investigations/decisions need to be completed within defined SLAs documented within the Global Procedures and as per the standards agreed in the process
• Adhere to the process requirements in accordance with established procedures and set standards and build on the knowledge of latest Sanctions & Anti Money laundering trends
• Common fraud / regulatory risk / errors / irregular escalations are identified and escalated in accordance with procedures in a timely manner, all data requirements (timesheets and process information) is accurately updated in a timely manner.
• Establish and maintain effective relationship with all stakeholders and identify areas of service improvements. and drive customer centric Quality initiatives and ensure timely effective resolution of escalated issues.

Requirement:

•    A Bachelor’s/Master’s degree from a Recognized Educational Institution or University.
•    Fresher or Experienced in Financial Crime Risk Domain
•    Flexibility to work in shifts Including Night / Day in a 24/7 Format.
•    Flexibility in terms of the Rotational Week-Off’s.
•    Basic Microsoft and System Navigation skills.
•    Excellent Communication, presentation and inter-personal skills.
•    Ability to understand and manage risk and adhering to Hybrid Working Model Policy.

Eligibility for Sanctions / Payments Screening:

•    Understanding about Transactions Screening Processes.
•    In depth knowledge of SWIFT, ISO and other payment systems 
•    Understanding about the Global Sanctions Policies and Regulatory Guidelines