Team Leader

Process Overview

Sanctions Review team currently performs Sanctions Screening in FircoSoft system for all payments entities, settlements and trade transactions for Asia, EMEA & US at Enterprise level. All the payments whether manually created on GBS, FPS, or STP and Trade transactions passes through Fircosoft.

Responsibilities

• Review the Global Economic Sanctions hits on Fircosoft for Asia Branches (Except India), EMEA Branches and US
• Investigate the transactions through open search; Bank of America customers to be looked on Interact; OWLS; Lexis Nexis; GESCM to be used to check on prior cases
• Escalate the close hits / potential hits to the next level (L2)
• Process the transactions from the OFAC queues within the currency cut offs/application deadline
• Work as per the Sanctions Queue allocation and raise any concerns
• Review and Monitor all currency cut offs across branches
• Comply with the KPIs and KRIs
• Report any escalations immediately and ensure timely resolution

Requirements

• Education: Graduate (B.Com)
• Certifications if any
• Experience Range: 3-8 years
• Foundational skills: Experience In Sanctions Review process, Strong Payments knowledge (Swift), Good Communication Skills, Quick adaptation to changing Regulatory and Sanctions Landscape
• Desired Skills: Ability to conduct deep dive research, Preferred exposure to FircoSoft application

Work Timings

• Sanctions Screening COE operates 24X7, Shift can be rotational including Night Shift
• Willingness to work on Weekends with a rotational week off. Weekly off-fixed / Split off

Job Location

Hyderabad