SPE- Fin Crime Operations Job in Hyderabad at Cognizant

Responsibilities of the Candidate:

• 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

Requirements:

• A bachelors degree and around 02 years of work experience and must have a good knowledge on transaction monitoringKYC
• 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 and flexibility to work in different shifts and weekly off as per business requirement