Senior Associate
Genpact
5 - 10 years
Lucknow
Posted: 11/20/2024
Job Description
Responsibilities
;Conduct review on alerts generated for transaction monitoring or screening alerts in Sanctions, Adverse Media and Politically Exposed Persons.
Conduct open source search to find relevant information to complete the investigation and review.
Perform due diligence of documents provided for customer as per banks policy and guidelines
Capture information and documents from internal system / teams as per established norms of bank on KYC documentation per policy
Initiate and coordinate client outreach to fetch client documentations
Conduct false positive analysis on matches identified for counterparties alerted during watch list, sanctions and adverse media screening
Mitigate or call out true hits for AML adverse concerns and collaborate closely for further action
Close Interaction with Customer/business as an SME in the area of AML / Compliance
Adherence to the critical metrics and business SLAs is required
Responsible for preparing and reporting out their own SLAs.
Minimum Qualifications
University graduate in any field
Preferred Qualifications
Relevant work experience
Sound business communication (in English) is must have
Preferred skills:
Experienced in CDD/EDD of client for Investment or Retail Bank, including periodic review / KYC refresh
Ability to conduct detailed investigation in Adverse / Negative Media and Transaction Surveillance / Monitoring
Sound understanding of Sanctions, PEP and other watch list which is required to perform core job for alert adjudication in accordance with banks policies
Ability to independently research, analyze, and recommend solutions to close open items and discrepancies
Knowledge of AML/KYC controls including front-end systems, applications, data sources, and back end controls
Experience on tools like World Check, Banker's Almanac, Actimize, RDC, Lexis Nexis, Dow Jones and regulatory databases such as FINRA, Company House and other local regulators and company registries
Exposure to AML with Institutional clients / Investment Banking and products
Understanding the requirements of CDD, EDD (Enhanced Due Diligence) and CIP (Customer Identification Program) to ensure compliance under the regulations
Good experience in MS-Office applications like Excel, Word, Power point, Outlook etc
About Company
Genpact is a global professional services firm delivering digital transformation by putting digital and data to work to create competitive advantage.
Services you might be interested in
One-Shot Campaign
Reach out to ideal employees in one shot!
The intelligent campaign for reaching out to the ideal audience to whom you can ask for help (guidance or referral).