Cognizant Hiring for AML /Transaction Monitoring at Hyderabad, Telangana Full Time

Qualification:
Graduate(exclusion BE,Btech,MCA)

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:
Shift timings would be 20:30 PM to 06:30 AM and if needed we need to support the business beyond the set timings.

Rotational Weekly off – Would be Friday and Saturday / Sunday and Monday. No Fixed Sat & Sun Week off

Training from office

Hybrid Model(should be flexible to do 100% RTO as per business requirements)

AML/KYC screening experience.

Skills, Competencies, and Experience Needed:
Bachelor’s 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

Flexibility to work shifts

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 investigations

Employee Status : Full Time Employee

Shift : Variable

Travel : No

Job Posting : May 03 2023

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.