Marsh - Financial Crime Unit is seeking candidates for the following position based in the Mumbai, Hiranandani office:
Job Description for Posting Specialist - Compliance (Grade - C)
Role Description:
To understand the policies and procedures of Marsh and be able to conduct due diligence and screening.
Role Requirements:
· Possess the ability to comprehend ABC & AML risks and conduct risk assessments based on internal and external guidelines.
• Understand and perform due diligence, including license and incorporation checks, and identify ultimate beneficial owners (UBO) and directors.
• Understand and perform screening activities, such as adverse media assessment, PEP & SOE assessment, bribery and corruption assessment in accordance with the criteria outlined.
• Maintain a working knowledge of relevant regulatory requirements and ensure that business activities align with company compliance policies and procedures.
• Understand exceptional requirements and obtain necessary approvals from LCPA colleagues and higher authorities based on the level of risk involved.
Technical Skills:
• Knowledge of insurance/ reinsurance market and its regulations.
• Ability to research and summarize appropriate information.
• Ability to identify the risk factors involved in third-party relationships and summarize them in risk assessment.
• Applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.
• Basic understanding of Know Your Customer (KYC) requirements, Sanctions, Financial Crime Compliance, Anti-Money Laundering (AML), Sanctions, and Anti-Bribery & Corruption (ABC).
General Skills:
• Excellent email writing and interpersonal skills
• Good Analytical skills
• Positive Excel skills
• Ability to understand and address business issues and requirements effectively
• Responsive, enthusiastic, and capable of working within specified deadlines