Sanction Screening

Preferred Knowledge

• Screen individuals and entities against global sanction lists issued by OFAC, EU, UN and other international and government agencies
• Reviewing of individuals and business entities hit by high-risk scenarios
• Identify potential sanctions screening matches, review to identify false positives
• Carry out complex research/investigations to confirm whether the potential matches to global sanctions lists are actual matches according to laid down guidelines
• Release or escalate potential matches accordingly as stipulated in the working instruction to the originating business unit and relevant compliance department
• Analyze alerts to identify close match/exact match hits based on name/country/address combination
• Analyze false positive matches and make recommendations to the maintenance of the exception/internal list in a concise and detailed manner
• Analyze the rules that govern the automated systems of the watchlist, which identify any potential matches, understanding the business logic rules that create such matches
• Good knowledge of regulatory practices in AML, OFAC and sanctions and local laws Good analytical and logical reasoning skills
• Fully document all alerts, including supporting data, analysis as well as escalation or close recommendation rationale within the case management system in a timely manner and consistent with the firm's quality standards
• Build relationships with AML Investigations units and effectively communicate and transfer information for case investigations
• Collaborate with India and US colleagues to share processing and AML knowledge to enhance AML Investigation process flows
• As requested, participate in special projects, quality improvement initiatives and other similar exercises