Team Leader For Fin Crime Operations Cognizant
Cognizant
Office Location
Full Time
Experience: 8 - 8 years required
Pay:
Salary Information not included
Type: Full Time
Location: Hyderabad
Skills: Aml, KYC, Economic Sanctions, Fincrime, customer due diligence, Account activity reviews, Suspicious activity monitoring, Politically exposed person monitoring
About Cognizant
Cognizant is a multinational information technology services and consulting firm headquartered in the United States. Its headquarters are located in Teaneck, New Jersey, in the United States. Cognizant is listed on the NASDAQ-100 under the symbol CTSH.
Job Description
The ideal candidate should possess a Bachelors in Commerce, Masters in Business Administration/ M.Com, and any FinCrime certification. The role requires the individual to be open for night shifts from 6PM IST to 4AM IST in Hyderabad with no rotational or day shifts. The candidate should have a minimum of 8+ years of exposure and experience in working on complex AML/KYC cases, including Customer Due Diligence, Account activity reviews, KYC On-boarding for individuals and entities, suspicious activity monitoring and surveillance, economic sanctions, politically exposed person monitoring, etc. Responsibilities include coordinating with counterparts on customer/client onboarding and approvals across multiple functions/units such as Front office, compliance team, AML middle office, Operations, Legal, and Tax in a high-pressure/time-sensitive environment. The candidate will be responsible for renewing due diligence on existing clients/counterparties to identify changes in risk profile, including reputation and operational risk factors. Additionally, monitoring the implementation of AML-related audit recommendations, participating in the design and testing of enhancements to client due diligence database, reports, and systems, and interacting with Onsite controllers on various operational issues. The candidate will also be responsible for setting up new AML/KYC procedures, operationalizing them with the business, providing quality assurance, and establishing a transparent metrics process. Providing ongoing KYC Due Diligence support for periodic reviews and event-based reviews, optimizing the client onboarding experience with a focus on minimal touchpoints while satisfying regulatory requirements and internal AML/KYC procedures, and gathering metrics from various business partners to share regular, transparent MI reporting to all stakeholders.,