Transaction Surveillance

Job Description:

Job Title- Regulatory Filtering Analyst

Location- Jaipur

Role Description

The Regulatory Operations Analyst, in partnership with stakeholders, is accountable for defining and implementing procedures which provide regulatory operations services for various divisions of the bank and its group entities. Key responsibilities are to work with the bank's regulatory team to translate regulation into operational processes/procedures assisted with the required development to the bank's information technology infrastructure; many of the processes are time critical due to regulator stipulated timelines and other deadlines so ensuring completeness is essential.

The Regulatory Operations Analyst may have responsibilities in relation to trade surveillance across all of the bank's five asset classes and contribute to vendor governance and management. Transformation and innovation is a main function when translating regulator requests into system ready changes. They are required to undertake analysis, documentation, testing and some project management skills - all with the focus on risk mitigation, while adhering to local, regional, global compliance policies and external regulatory requirements applicable to the bank.

What we'll offer you

As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above

Your key responsibilities
• Support the RTB team lead in protecting DB from legal, regulatory and reputational risk with regard to business involving sanctioned entities and / or countries.
• Ensure diligent review and confirmation of transactions that require escalation to a Level 2 investigator and decide on these in full compliance with the applicable Sanctions regulations and the bank's policies and procedures.
• Execute internal control checks as defined in the KOP documentation and Embargo control framework documents governed by AFC Sanction & Embargo.
• Support any applicable reporting obligations to the competent authorities with respect to transaction handling.
• Convert timely the update of the relevant embargo lists in respective filtering systems – implement the data to central and decentralized tools in GT and Operations.
• Support CoC Regulatory Filtering team on the adoption of new clients

Your Key Accountabilities

RTB focus
• Primarily review stopped messages and take a decision on them (either pass or investigate), based on limited set of rules provided and maintained by AFC.
• Record rationale for decision from pre-defined set of options.
• Seek feedback from more senior investigators/reviewers, where their decisions fail the four-eye control.
• Provide support feedback loop and filter optimization by identifying repeat mismatches to propose Good Guys.
• Use user access privileges only for authorized purposes; actively safeguard sensitive and confidential information.

CTB focus
• Supports TSMO / AFC related change projects
• Supports remediation actions owned by TSMO / AFC

Training & Development
• Participate Trainings such as on HotScan, Sanctions policies, L1 procedures, specific payment types, including structure / form of messages.

Your skills and experience
• Sanctions and Regulatory Filtering
• SWIFT Message Format and Fields
• SWIFT Payment Flow
• SEPA Message Structure and Payment Flow
• MS Office (MS Excel, Word and Outlook)
• Proficient in e mail communication
• Good communication skills (Written & Verbal)
• Ability to support rotational shifts
• Ready to support on weekends

How we'll support you
• Training and development to help you excel in your career
• Coaching and support from experts in your team
• A culture of continuous learning to aid progression
• A range of flexible benefits that you can tailor to suit your needs