SME_Compliance_Sanction Party List Alerts Processing_OPM43
Job Description
- Ability to learn and respond quickly to the dynamic business environment.
- Self-motivated and eager to learn.
- Willing to work in rotational shift (Morning/ Afternoon/ Night shifts).
- Regularly review and process alerts generated from the Sanction Party List screening systems.
- Analyze alerts to determine the validity and relevance of potential matches against sanctioned individuals and entities.
- Conduct thorough research using various databases, public records, and other resources to verify the identity and status of flagged parties.
- Maintain accurate records of all alerts processed, including findings and actions taken, in compliance with internal policies and regulatory requirements.
- Prepare and submit reports on alert processing activities, including trends, issues, and recommendations for process improvements.
- Work closely with other compliance team members, legal advisors, and relevant departments to ensure a coordinated approach to sanctions compliance.
- Participate in training sessions to stay updated on regulatory changes, best practices, and new technologies related to sanctions screening.
- Identify opportunities for process enhancements and contribute to the development of more efficient alert processing workflows.
- Relevant experience in a similar profile.
- Excellent Communication, root cause analysis and problem-solving skills.
- Familiarity with relevant tools and methodologies for governance related topics.
- SAP End User Knowledge.
- Knowledge on MS office products.
- Good client management and stake holder management skills.
Company Description
Bosch Global Software Technologies Private Limited is a 100% owned subsidiary of Robert Bosch GmbH, one of the world's leading global supplier of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 28,200+ associates, it’s the largest software development center of Bosch, outside Germany, indicating that it is the Technology Powerhouse of Bosch in India with a global footprint and presence in the US, Europe and the Asia Pacific region.
Job Description
Roles & Responsibilities :
Alert Processing: Regularly review and process alerts generated from the Sanction Party List screening systems.
Analysis: Analyze alerts to determine the validity and relevance of potential matches against sanctioned individuals and entities. These alerts are sanctions against a supplier/sub-suppliers of Bosch.
Research: Conduct thorough research using various databases, public records, and other resources to verify the identity and status of flagged parties.
Documentation: Maintain accurate records of all alerts processed, including findings and actions taken, in compliance with internal policies and regulatory requirements.
Reporting: Task tracking and Prepare and submit reports on alert processing activities, including trends, issues, and recommendations for process improvements.
Collaboration: Work closely with other compliance team members, legal advisors, and relevant departments to ensure a coordinated approach to sanctions compliance.
Training: Participate in training sessions to stay updated on regulatory changes, best practices, and new technologies related to sanctions screening.
Continuous Improvement: Identify opportunities for process enhancements and contribute to the development of more efficient alert processing workflows.
Qualifications
Educational qualification:
Bachelors/Masters degree in commerce, finance, Business Administration, ICWA
Experience :
7-10 years in a similar working profile
Mandatory/requires Skills :
Should have relevant experience in a similar profile.
Excellent Communication, root cause analysis and problem-solving skills.
Familiarity with relevant tools and methodologies for governance related topics
SAP End User Knowledge
Knowledge on MS office products
Good client management and stake holder management skills.
Preferred Skills :
Ability to learn and respond quickly to the dynamic business environment.
Self-motivated and eager to learn.
Willing to work in rotational shift (Morning/ Afternoon/ Night shifts)
Additional Information
Ability to work in dynamic process environment
Ability to guide the fellow team on the real time process
Flexible to work in German and Night shifts necessary
