Job Summary
Join our team of professionals focused on antimoney laundering Client due diligence sanctions screening and antibribery and corruption We use domain knowledge combined with technology to offer our clients a unique package of operational delivery and excellence to rebuild compliance frameworks provide support and recommendations on regulatory requirements as well as implement process enhancements with a commitment to both quantity and quality of delivery Your role will be driven by our clients n
Responsibilities
The opportunity
Join our team of professionals focused on antimoney laundering Client due diligence sanctions screening and antibribery and corruption We use domain knowledge combined with technology to offer our clients a unique package of operational delivery and excellence to rebuild compliance frameworks provide support and recommendations on regulatory requirements as well as implement process enhancements with a commitment to both quantity and quality of delivery Your role will be driven by our clients needs and by your ability to align your domain knowledge to your role requirements for financial crime compliance
Your key responsibilities
Review of Monthly alerts and understanding of alert generation due to exceed in thresholdcertain spike in customer account
Ability to understand the pattern of transaction in terms of suspiciousanomalous activity while doing periodic reviews
Must have exposure over Global Alert management tools Actimize Norkom UCM etc
Establish and implement moneylaundering rules in transaction monitoring system covering all bank products
Should be able to determine source and utilization of fund for customer
Ability to interpret KYC policies procedures and laws and put into practice Should be aware of UBOs
Should be able to perform KYC reviews on High Medium and Low Risk entities
Should have knowledge of PEP classification and Naming convention as well
Should have understanding on Highrisk jurisdiction Sanction entityindividual different types of trade sanctions SDN etc
Should have a fair understanding on identifying the relationship between customer and counterpartiesintermediaries
Exposure over preparing AML case log and validation of information in terms of transaction and counterparties via different external applications ie Lexis Nexis DB etc
Adapt to multitasking and meeting deadlines in highpressure environment
Strong documentation skills to clearly articulate alert disposition
Ensuring AML Compliance Policy requirements are met and that CDD procedures are followed
Monitoring and managing the completion of CDD documentation for all customers in line with applicable KYC AML Policies Procedures
Ensuring that all necessary screening takes place in line with the KYC customer matrix provided by compliance
Review of Monthly alerts and understanding of alert generation due to exceed in thresholdcertain spike in customer account
Hands on experience on complete Transaction MonitoringKYC process
Possess good understanding on endtoend transaction monitoringKYC Sanctions process
Ability to support other staff and to participate in the process to ensure work is completed accurately and on time
Ability to perform effectively to strict deadlines
Build relationships with AML Investigations units and effectively communicate and transfer information for case investigations
Skills and attributes for success
Strong people management and leadership skills Good Interpersonal skills and the ability to communicate at all levels including presentation and public speaking skills Staying abreast on business and industry trends relevant to clients including the latest regulatory developments industry practices and government and law enforcement focus on various financial crimes issues Being innovative and creating thought leadership
To qualify for the role you must have
A bachelors degree and around 24 years of work experience and must have a good knowledge on transaction monitoring
3 years experience in compliance or related position
A degree in finance accounting business or a related discipline
Exceptional research and analytical skills with the ability to analyze large amounts of data decipher higher risk attributes transactional geographical product customer type etc and develop wellreasoned recommendations
Ability to perform KYC reviews on different entity types such as Trusts Hedge Funds regulated entities
Should have good understanding of USA Patriotic Act BSA and CIP and knowledge on World Check LexisNexis and negative searches
Ability to interpret KYC policies procedures and laws and put into practice
Should be able to perform KYC reviews on High Medium and Low Risk entities
Should have understanding on Highrisk jurisdiction Sanction entityindividual different types of trade sanctions SDN etc
Strong proven communication skills demonstrated through effective writing and presentations to clients and internal stakeholders
De Cognizant Community
We zijn een team dat elkaar helpt om doelen te bereiken op het hoogste niveau. Zonder ons team zouden we niet in staat zijn om de huidige energieke, samenwerkende en inclusieve werkomgeving te behouden. Een omgeving gericht om iedereen te laten slagen.
- Cognizant is een globale community van 300.000+ collega’s
- We dromen niet alleen van een betere wereld, wij helpen het te maken
- We zorgen voor onze mensen, de klanten, het bedrijf, de community en het klimaat door te doen wat goed is
- We zetten in op een innovatieve omgeving waar je zelf kan bouwen aan een carriere pad dat bij jou past.
Over ons
Cognizant is een van ‘s wereldstoonaangevende professionele dienstverleningsbedrijven, die de bedrijfs-, operationele en technologiemodellen van klanten transformeert voor het digitale tijdperk. Onze unieke, op de industrie gebaseerde, consultatieve benadering helpt klanten bij het visualiseren, bouwen en beheren van innovatievere en efficiëntere bedrijven. Met het hoofdkantoor in de VS is Cognizant (een lid van de NASDAQ-100 en een van Forbes’ beste werkgevers ter wereld in 2024) consequent vermeld als een van de meest bewonderde bedrijven ter wereld. Leer hoe Cognizant klanten helpt digitaal te leiden op www.cognizant.com.
Onze commitment naar diversiteit en inclusie
Cognizant wil als werkgever iedereen geleike kansen bieden en daarom houden we diversiteit dicht bij ons, hebben we gelijkheid hoog staan en hechten wij waarden aan inclusie. Wij zijn toegewijd om een community te bouwen en te behouden waarbij iedereen zich gehoord en welkom voelt. Jouw sollicitate en candidatuur zal niet worden boordeeld op wat of wie je bent maar op wat je kan.
Mocht je een handicap hebben en hulp nodig hebben bij het zoeken naar een baan of het solliciteren op een baan, stuur een mail naar [email protected]. We zullen je verder helpen.
Disclaimer:
De informatie omtrent compensatie is accuraat ten tijde van deze posting. Cognizant heeft het recht om deze informatie aan te passen. Met lokale wetgeving in achtneming.