Website:
scoutit.in
Job details:
We're looking for
Compliance Associates!
Responsibilities
- Sanctions Screening Program Management: Oversee day-to-day operations related to the Sanctions Screening program, including collaboration with compliance officers to meet company goals.
- Investigation and Analysis: Conduct investigations and analysis to make compliance decisions, including identifying red flags for escalation based on a risk-based approach.
- Screening and Escalation: Screen customers against sanctions lists, perform PEP (Politically Exposed Persons) and adverse media screening, and escalate confirmed or suspicious findings.
- Use of Compliance Tools: Conduct manual screening using tools like LexisNexis and adhere to payment compliance obligations.
- Alert Review and Reporting: Review alerts related to illegal activity, global watch lists, and trade sanctions, ensuring alignment with the selected sanction list.
- Regulatory Adherence: Follow global regulatory guidelines, including KYC, KYB, CFT, and PMLA (Prevention of Money Laundering Act) 2002.
- Due Diligence and Risk Assessment: Perform initial and ongoing due diligence and risk assessments of accounts and partners, following a risk-based approach.
- Collaboration with Regional Teams: Liaise with partner compliance teams and Regional Compliance Officers, addressing vulnerabilities and escalating risks.
(*Note: This is a requirement of one of Scoutit's clients)
Skills: due diligence,compliance,escalation
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