Description:

Only local Pune candidates

Looking from Global Banks/Consulting firms if Supporting Global Banking clients

AM-3-7years (2-3+ years dedicated sanctions experience)

AVP-8-13 years (3-5 years dedicated sanctions experience)

To be successful in this role, you should have below skills:

- Independently conclude on sanctions escalations from L1-L4, therefore essentially approve or reject payments for true or potential true hits based on sound interpretation of OFAC, OFSI, EU, and UN sanctions laws and regulations.

- Analyse SWIFT MT/MX messages, raise and assess RFIs, and synthesize transaction intelligence to support final defensible and regulatory compliant sanctions conclusions.

- Exhibit strong sanctions knowledge, attention to detail and clearly articulate to support sanctions decisions to audit or relevant authority.

Some other highly valued skills may include below:

To be successful in this role, you should have below skills:

- Drive process efficiency and effectiveness improvements.

- Experience of doing payment or customer screening in FircoSoft and OWS respectively or similar systems.

- Relevant background of working in sanctions or financial crime.

- Drive process efficiency and effectiveness improvements.

Accountabilities

- Understanding the objectives of the Global Sanctions Function and the control frameworks and embed a culture of compliance with sanctions.

- Revision of escalated cases and confirm a True Match in line with regulations/policy accurately and in a timely manner, feeding back on instances of incorrect escalation.

- Management and provision of guidance in the completion of complex sanctions investigations, ensuring that matters are correctly managed and follow appropriate escalation routes, while involving the relevant stakeholders early and fully.

- Due diligence on Payment Screening alerts to determine the appropriate treatment and next steps for the payment in line with documented procedures following the defined governance process and approvals as required.

- Escalation of Customer Screening True Matches to appropriate Business Aligned Sanctions Team for assessment.

- Identification of opportunities to drive efficiencies in the alert management process and feed these back to the appropriate team(s) to implement.

Accountabilities

- Understanding the objectives of the Global Sanctions Function and the control frameworks and embed a culture of compliance with sanctions.

- Revision of escalated cases and confirm a True Match in line with regulations/policy accurately and in a timely manner, feeding back on instances of incorrect escalation.

- Management and provision of guidance in the completion of complex sanctions investigations, ensuring that matters are correctly managed and follow appropriate escalation routes, while involving the relevant stakeholders early and fully.

- Due diligence on Payment Screening alerts to determine the appropriate treatment and next steps for the payment in line with documented procedures following the defined governance process and approvals as required.

- Escalation of Customer Screening True Matches to appropriate Business Aligned Sanctions Team for assessment.

- Identification of opportunities to drive efficiencies in the alert management process and feed these back to the appropriate team(s) to implement.

You will be responsible for supporting the Sanctions function to review, assess and effectively disposition L5 sanctions alerts escalations thus safeguarding the bank from regulatory and reputational risk.

Your role will also require you to contribute and drive the effective delivery, oversight, and risk management in Sanctions Compliance. This covers all the business units across and supports in the delivery of the Financial Crime objectives.