Job Description

SME/ Process Specialist The opportunity: Join our team of professionals focused on anti-money laundering, Client due diligence, sanctions screening, Fraud Reporting and Anti-Bribery Corruption (ABC). We use domain knowledge combined with technology to offer our clients a unique package of operational delivery and excellence, to rebuild compliance frameworks, provide support and recommendations on regulatory requirements as well as implement process enhancements with a commitment to both quantity and quality of delivery. Your role will be driven by our clients\xe2\x80\x99 needs and by your ability to align your domain knowledge to your role requirements for financial crime compliance. Your key responsibilities

• Review fraud reports submitted by other banks.

• Identify and locate the reported fraudulent payments and accounts.

• Escalate the reported accounts to the fraud prevention team.

• Communicate with other banks on the status of their reported payments and funds doc.

• Request necessary legal documentation for fraud recall procedures.

• Initiate refunds to other banks following fraud investigation.

• Adapt to multi-tasking and meeting deadlines in high-pressure environment.

• Strong documentation skills to clearly articulate on the status of reported payments.

To qualify for the role, you must have:

• A bachelor\xe2\x80\x99s degree and around 5-7 years of work experience and must have a good knowledge on transaction monitoring/KYC/Fraud Detection/Prevention/Reporting experience

• 5+ years of experience in compliance or related position

• Having logical thinking skills

• A degree in finance, accounting, business, or a related discipline

• Exceptional research and analytical skills with the ability to analyse large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and develop well-reasoned recommendations.

• Strong proven communication skills and demonstrated through effective writing and presentations to clients and internal stakeholders.

• Flexibility to work in different shifts and weekly off as per business requirement.

• Ready to work from Office.

Employee Status : Full Time Employee Shift : Night Job Travel : No Job Posting : Jan 08 2024
About Cognizant Cognizant (Nasdaq-100: CTSH) is one of the world\'s leading professional services companies, transforming clients\' business, operating and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant is ranked 185 on the Fortune 500 and is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com or follow us @Cognizant.