Cognizant hiring Any Graduate with 2 – 7 years experience for Sanction Screening (Banking Operations – Other) position at Hyderabad.Cognizant (NASDAQ: CTSH) is a leading provider of information technology, consulting, and business process services, dedicated to helping the world’s leading companies build stronger businesses. Headquartered in Teaneck, New Jersey (U.S.), Cognizant combines a passion for client satisfaction, technology innovation, deep industry and business process expertise, and a global, collaborative workforce that embodies the future of work.
Role Purpose
Reviewing system generated triggers/Alerts which relates to Sanctions/PEP.
Need to do a thorough check to understand if the triggered individuals/our client who is using Client services are same/ Sanctioned to minimize the Money Laundering risks and safeguard from Financial crimes.
Analyst also need to consider various AML risk factors and indicators to determine if the Trigger/case needs to be escalated/ required more information from customer.
Major Responsibilities:
Efficiently Manage alert investigations.
Understanding the alert type of Sanctions/PEP depending upon the WOC/SDN data.
Review and investigate Alerts generated by the system and resolving it with various discounting factors as per Sanctions/PEP guidelines.
Writing a comprehensive analysis of the alert activity to support the decision to resolve a case or RFI with customer /escalate for further action.
Contacting customer/Internal support team directly for required information for clearing a case/Trigger
Report the investigation findings for internal review (e.g. External research results, PEP search, review & analysis, results from internal system searches, etc.)
Understanding the day to day procedural updates and implementing at dealing with Trigger/Case.
Communicate effectively with internal and external partners
Basic Details:
Rotational Weekly off would be Friday and Saturday / Sunday and Monday. No Fixed Sat & Sun Week off
Should to be flexible to work from office.
Flexibility to work shifts
AML/KYC / Sanction screening experience 2 to 10 years.
Skills, Competencies, and Experience Needed:
Bachelors Degree
Good written and verbal communication skills.
Should be quick learner & Strong decision making skills
Should be customer/ risk centric
Should be able to work on strict timelines
Strong analytical skills
Ability to understand and interpret
Maintaining a high degree of knowledge of appropriate laws and regulations.
Preferred any FinCrime certification.
Experienced of related experience AML, Transaction Monitoring, alert clearing, escalation investigation
