Associate_Compliance_Sanction Party List Alerts Processing_OPM43

Bangalore, Karnataka
Permanent
Full-time

9 hours ago

Company DescriptionBosch 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 DescriptionRoles & 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.QualificationsEducational qualification:Bachelor's degree in commerce, finance, Business Administration, ICWAExperience :2-3 years in a similar working profileMandatory/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 topicsSAP End User KnowledgeKnowledge on MS office productsGood 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 InformationAbility to work in dynamic process environmentFlexible to work in German and Night shifts necessary

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