SME_Compliance_Sanction Party List Alerts Processing_OPM43

Job Description

SME_Compliance_Sanction Party List Alerts Processing_OPM43

Full-time

Legal Entity: Bosch Global Software Technologies Private Limited

Company Description

Bosch Global Software Technologies Private Limited is a 100 PERCENT owned subsidiary of Robert Bosch GmbH, one of the world's leading global suppliers of technology and services, offering end-to-end Engineering, IT and Business Solutions. With over 28,200 associates, its 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.

Roles & 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.

Qualifications Educational Qualification:

• Bachelors/Masters degree in commerce, finance, Business Administration, ICWA

Experience:

• 7-10 years in a similar working profile

Mandatory/Required 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 topics
• SAP End User Knowledge
• Knowledge of MS office products
• Good client management and stakeholder 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 shifts (Morning/ Afternoon/ Night shifts)

Additional Information

• Ability to work in a dynamic process environment
• Ability to guide the fellow team on the real-time process
• Flexible to work in German and Night shifts necessary

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