SME_Compliance_Sanction Party List Alerts Processing_OPM43

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

Skills Required

Ms Office Products