We are looking for a dynamic and an energetic Trade Compliance Screening Skilled, Job Location: Bangalore or Pune.
Responsibilities
- The person responsible for the entities within his/her area is the counterpart to other Sandvik entities and part of the Global support team.
- Process embedding.
- Support in Process Implementation: Supports the business in implementing needed improvements to increase trade compliance maturity.
- Identify local issues and escalate if needed: To maintain high quality in trade compliance processes over time, and to get the support needed to close potential risks.
- Support the business in Restricted Party screening activities: To act as a service support and competence centre for questions associated with the specific site and within the area of expertise.
- Document and maintain processes in their area of responsibility: To have a documented audit trail for future audits as well as to secure knowledge, long-term within the area he/she is responsible for.
- Is responsible to manage the Potential Matches in the organization's sanctions screening tool(s) daily. This includes investigating Potential Matches and either:
- Clear false positives
- Block true matches in the relevant sanctions screening tool and inform relevant functions to ensure compliance
- Escalating challenging or difficult cases to respective Business Area Global Compliance Officer
- Is responsible for monitoring and ensuring that the quality of the Partner data in the screening tool is adequate in order to safeguard a correct outcome of the screening.
- The job also includes understanding and interpretation of relevant local and international sanctions laws and regulations
- Conducting due diligence and risk assessments on new and existing clients to identify potential sanctions risks
- Preparing (and submitting) necessary reports to internal stakeholders if requested
- Coordinating with various departments within the organization to ensure that business activities are conducted in compliance with sanctions laws and regulations
- Reviewing and recommending enhancements to the sanctions screening tools and systems
- Ensuring policies and procedures are adhered to on a daily basis.
- Investigating non-obvious false positives, true positive hits, and escalating for further review and approval.
Required Expertise
- Excellent communications skills, both written and verbal in English
- Strong analytical and problem-solving skills
- Ability to work independently and in a team
- Attentive to details
- Strong integrity
- Curious with a passion to learn
- 2-4 years of relevant experience
- Bachelors degree in law, Political Science, Finance or a related field is an advantage but not a requirement, Engineering degree.
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Role: Due Diligence,
Industry Type: Industrial Equipment / Machinery,
Department: Legal & Regulatory,
Employment Type: Full Time, Permanent
Role Category: Legal Operations
Education
UG: Any Graduate
PG: Any Postgraduate
Key Skills
Process implementationAutomationAnalyticalMonitoringAuditingDrillingDue diligenceCivil engineeringtrade complianceCompliance