Compliance Associate - Sanction Screening

Title: Associate

Location: Bangalore

Role overview:

A successful Sanction Screening Associate ensures that their organization remains compliant with all sanction requirements, helps mitigate legal and financial risks, and contributes to a secure and trustworthy financial environment.

How you will create impact:

• 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.

Essential qualifications:

• Excellent communication skills, both verbal and written, with the ability to interact confidently and professionally with customers and internal stakeholders.
• 1 to 3 years of professional experience in Compliance, Audit, or Forensic Investigations, preferably in the fintech or payment industry.
• Ability to work independently and collaboratively in a fast-paced environment, prioritizing tasks effectively and meeting deadlines consistently.

Interview rounds & assessments:

Table for Two:

Beyond the Bio:

Manager Meetup:

Why TerraPay:

TerraPay is a global money movement player on a mission to build a borderless financial world. We believe payments should be instant, reliable, transparent, seamless, and fully compliant.

Registered and regulated across 31 global markets, we are a leading payments partner for banks, mobile wallets, money transfer operators, merchants, and financial institutions.

We are proud to be a twice-certified Great Place to Work and were featured in the 2023 CB Insights Fintech 100 and the 2024 Financial Times 1000 lists.

Read more about TerraPay here.

Our culture & core values:

Humility, ownership & responsibility, entrepreneurship, global citizenship, and trusting empowerment

10 offices worldwide and

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