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:
A brief chat with one of our Recruiters to assess your foundational competencies and provide an overview of TerraPay.
Beyond the Bio:
A discussion with an SME or the RM to evaluate your role-specific knowledge, problem-solving abilities, and gain a deeper understanding of the company and team dynamics.
Manager Meetup:
A comprehensive discussion about the role and responsibilities, expectations, and mapping out potential career growth.
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:
At TerraPay, we don't just talk about our values—we live by them.
Humility, ownership & responsibility, entrepreneurship, global citizenship, and trusting empowerment
are the principles that guide everything we do. If you're looking for a career that offers abundant opportunities for innovation and a culture of excellence, TerraPay is the place to be.With comprehensive healthcare benefits, cab facilities for our India-based employees, and a generous leave policy, we've got you covered. Join us in one of our
10 offices worldwide and
collaborate with a diverse team representing
40+ nationalities
.Explore more vacancies here.Click here to see what our employees feel about TerraPay.Stay connected with TerraPay on LinkedIn.
