Role Purpose
Screening on day-to-day basis transactions in accordance with the
OFAC/EU/UN/HMT/UK/UAE policies.
➢ To screen all International cross border payments in accordance with
international regulatory requirements in order to prevent money laundering,
suppress terrorism, and other illegal activities which includes
➢ Prioritize cases in the order of currency cut*offs, FIFO basis and priority list.
➢ Knowledge on swift message is required.
➢ Escalating the Potential True match payments to next level Authorities.
➢ Process Payment Screening (Sanctions Process) to handle all the activities
performed in transactions and stop the unusual activities. Investigating
about the unusual activities found and decide whether to stop the payment
or release it.
➢ Knowledge of the USA Patriot Act, Bank Secrecy Act, anti-money laundering
legislation, the OFAC SDN list and purpose, HMT and EU sanctions and
OFAC regulations.
➢ Ensures all False Positive Matches Sanctions transactions and payment are
processed in accordance with the AML compliance, AML regulatory
requirements, SWIFT and banking arrangements guidelines to avoid
reputational risk, eliminate/minimize interest claims and potential losses to
the Bank and escalate all “Positive Matches” transactions to AML payments
team as required.
Roles & Responsibilities:
The employee is responsible in investigating live payments against
various sanctions list.
The employee is responsible in clearing the payments within the
respective country cutoff time.
The employee is responsible in adhering to bank internal & external lists
Qualifications:
Graduate
Retail Banking(Card Operations)