Address- Chennai, India
- DOP
- 3050975
Job Description
Role Purpose
➢ Screening on day-to-day basis transactions in accordance with the
OFAC/EU/UN/HMT/UK/UAE policies.
➢ To screen all International cross border payments in accordance with
international regulatory requirements in order to prevent money laundering,
suppress terrorism, and other illegal activities which includes
➢ Prioritize cases in the order of currency cut*offs, FIFO basis and priority list.
➢ Knowledge on swift message is required.
➢ Escalating the Potential True match payments to next level Authorities.
➢ Process Payment Screening (Sanctions Process) to handle all the activities
performed in transactions and stop the unusual activities. Investigating
about the unusual activities found and decide whether to stop the payment
or release it.
➢ Knowledge of the USA Patriot Act, Bank Secrecy Act, anti-money laundering
legislation, the OFAC SDN list and purpose, HMT and EU sanctions and
OFAC regulations.
➢ Ensures all False Positive Matches Sanctions transactions and payment are
processed in accordance with the AML compliance, AML regulatory
requirements, SWIFT and banking arrangements guidelines to avoid
reputational risk, eliminate/minimize interest claims and potential losses to
the Bank and escalate all “Positive Matches” transactions to AML payments
team as required.
OFAC/EU/UN/HMT/UK/UAE policies.
➢ To screen all International cross border payments in accordance with
international regulatory requirements in order to prevent money laundering,
suppress terrorism, and other illegal activities which includes
➢ Prioritize cases in the order of currency cut*offs, FIFO basis and priority list.
➢ Knowledge on swift message is required.
➢ Escalating the Potential True match payments to next level Authorities.
➢ Process Payment Screening (Sanctions Process) to handle all the activities
performed in transactions and stop the unusual activities. Investigating
about the unusual activities found and decide whether to stop the payment
or release it.
➢ Knowledge of the USA Patriot Act, Bank Secrecy Act, anti-money laundering
legislation, the OFAC SDN list and purpose, HMT and EU sanctions and
OFAC regulations.
➢ Ensures all False Positive Matches Sanctions transactions and payment are
processed in accordance with the AML compliance, AML regulatory
requirements, SWIFT and banking arrangements guidelines to avoid
reputational risk, eliminate/minimize interest claims and potential losses to
the Bank and escalate all “Positive Matches” transactions to AML payments
team as required.
Roles & Responsibilities:
The employee is responsible in investigating live payments against
various sanctions list.
The employee is responsible in clearing the payments within the
respective country cutoff time.
The employee is responsible in adhering to bank internal & external list
Qualifications:
UG
Retail Banking(Card Operations)
If you encounter any suspicious mail, advertisements, or persons who offer jobs at Wipro, please email us at helpdesk.recruitment@wipro.com. Do not email your resume to this ID as it is not monitored for resumes and career applications.
Any complaints or concerns regarding unethical/unfair hiring practices should be directed to our Ombuds Group at ombuds.person@wipro.com
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, caste, creed, religion, gender, marital status, age, ethnic and national origin, gender identity, gender expression, sexual orientation, political orientation, disability status, protected veteran status, or any other characteristic protected by law.
Wipro is committed to creating an accessible, supportive, and inclusive workplace. Reasonable accommodation will be provided to all applicants including persons with disabilities, throughout the recruitment and selection process. Accommodations must be communicated in advance of the application, where possible, and will be reviewed on an individual basis. Wipro provides equal opportunities to all and values diversity.
We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, caste, creed, religion, gender, marital status, age, ethnic and national origin, gender identity, gender expression, sexual orientation, political orientation, disability status, protected veteran status, or any other characteristic protected by law.
Wipro is committed to creating an accessible, supportive, and inclusive workplace. Reasonable accommodation will be provided to all applicants including persons with disabilities, throughout the recruitment and selection process. Accommodations must be communicated in advance of the application, where possible, and will be reviewed on an individual basis. Wipro provides equal opportunities to all and values diversity.
