Experience – Only Freshers with good spoken english to apply
Location- Kanpur
Timings- Should be flexible working on shifts (Morning/Afternoon/Evening/Night Shifts)
Duties and Responsibilities include but are not limited to the following:
Job Description and Responsibility
Transaction Monitoring
Pre-Transaction Monitoring
Post Transaction Monitoring
Transaction monitoring with clients, by insisting on submission of necessary documents as
proof of actual trade for which payments are executed
Coverage of full range of AML activities from Transaction Monitoring to Investigations
Performing background screening checks on related parties for the outward/inward
payments processing using world check, Lexis Nexis, etc.
Timely monitoring of alerts generated by AML monitoring system and review them
effectively; periodic review of thresholds for monitoring AML transactions and recommend
changes in thresholds to the Team Lead and Management
Maintain a current understanding of money laundering and terrorist financing issues,
including policies, procedures, regulations, industry best practice, criminal typologies and
developing trends
PEP and Sanction list screening - Screen individuals and entities against global sanction lists
issued by OFAC, UN and other international and domestic government agencies
Ensure efficient identification and monitoring of suspicious activities and transaction.
Client On-Boarding & Periodic Review:
Onboarding the new clients as per the risk rating
Requesting clients for supporting documents to support the payments
Requesting client for source of fund evidence
Reviewing the quality of invoice, bill of lading and other supporting documents submitted by
the Clients
Updating documents and following the periodic review process as per the risk rating i.e.,
high, medium and low
Background Screening:
Performing background screening checks on related parties for the outward/inward
payments processing using world check, Lexis Nexis, etc.
Filing STR:
Report and filing of STR to JFIU and other regulatory institutions based on the internal
assessment of transaction rejected and also on the risk assessment of approval
Additional Functions:
Perform routine duties with minimal supervision using standard compliance practices &
procedures
Checking and tracking daily whether supporting documents have been received for
Transaction Monitoring, Onboarding, and other Compliance processes
Comply with all safety policies, practices, and procedures
Participate in proactive team efforts to achieve the goals of the financial institution.
Perform other duties as assigned
Experience in managing priorities
Experience communicating to different levels in an organization
Experience working in a team environment with a track record of building relationships and
working collaboratively
Assisting the Lead in system enhancement and UAT testing
Assisting the Lead in Adding/blocking Bank Swift codes in compliance system
Adding HIGH RISK Names in Compliance system
Assisting Compliance Team in Clearing the RED Flag payments from the RED FLAG Opinion
Desired Skills & Experience
Freshers - Graduate/ Postgraduate in business, finance, accounting, or related field
Strong communication skills and capable of working in multi-lingual working environment
Fluency in spoken and written English
Basic Knowledge of Computers and Internet