WiproEmployer profile
Production Specialist
Location not specified · Experience not specified
Experience- Experience not specified
Salary- Not disclosed
Location- Location not specified
- Work mode
- Not specified
- Job type
- Full-time
Apply by- Closing date not listed
- Posted
- 14 May 30
About this role
Role PurposeØ Screening on day-to-day basis transactions in accordance with the OFAC/EU/UN/HMT/UK/UAE policies.
Ø To screen all International cross border payments in accordance with international regulatory requirements in order to prevent money laundering, suppress terrorism, and other illegal activities which includes
Ø Prioritize cases in the order of currency cut*offs, FIFO basis and priority list.
Ø Knowledge on swift message is required.
Ø Escalating the Potential True match payments to next level Authorities.
Ø Process Payment Screening (Sanctions Process) to handle all the activities performed in transactions and stop the unusual activities. Investigating about the unusual activities found and decide whether to stop the payment or release it.
Ø Knowledge of the USA Patriot Act, Bank Secrecy Act, anti-money laundering legislation, the OFAC SDN list and purpose, HMT and EU sanctions and OFAC regulations.
Ø Ensures all False Positive Matches Sanctions transactions and payment are processed in accordance with the AML compliance, AML regulatory requirements, SWIFT and banking arrangements guidelines to avoid reputational risk, eliminate/minimize interest claims and potential losses to the Bank and escalate all “Positive Matches” transactions to AML payments team as required.
Roles & Responsibilities:
The employee is responsible in investigating live payments against various sanctions list.
The employee is responsible in clearing the payments within the respective country cutoff time.
The employee is responsible in adhering to bank internal & external lists.
Qualifications:
Graduate
Analytical / investigation skill sets.