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Job Details

Experience: 18-25 Years | Salary: 80,00,000-1,20,00,000 | Opening(s): 1 | Posted Date : 2021-10-21
Hiring For One of the Leading MNC
Job Description
  • Ensures execution and ongoing management of a team comprising ~ 100 professionals which includes managers, sanctions screeners, and associated support functions across the enterprise.
  • Oversee payment sanction disposition operations for Level 1 and 2 sanction alerts. Ensure alert dispositions are performed within all applicable Service Level Agreements. Ensure alerts are escalated to Global Sanctions Office when required by policy.
  • Develop, implement and monitor of an effective Quality Control process. Ensure sanction alerts are dispositioned in compliance with Enterprise Screening and Global Sanction standards. Ensure escalations are conducted according to standards.
  • Maintain a hit rate management function. Analyze hit rates by channel work with the Global Sanctions Office to propose and monitor screening rules per the Global Sanctions standards. Work with upstream product owners to identify any drivers of excess sanction stops. Propose false positive suppression rules to the Global Sanctions Office.
  • Working with relevant payment investigation groups, manage any sanction related Requests for Information.
  • Guides team and business on corrective actions, and follows through on reporting, escalation, and resolution.
  • Maintains an awareness of sanction screening activities across the enterprise and may provide subject matter expertise to business projects and initiatives, including preventive execution measures.
  • Manages the use of internal and external data, including publicly available information. Works with business line and/or functional management to resolve issues and address deficiencies.
  • Oversees preparation or prepares responses to customer inquiries/complaints.
  • Ensures potential or true matches are escalated appropriately to the Global Sanction Office.
  • Engage with business partners at a strategic level, including conceptualizing, agreeing and driving initiatives which adds value to the business.
  • Focus on driving continuous improvement and innovation. Must be able to drive and demonstrate true results impacting business outcomes.
  • Enhance overall performance of the team by leveraging operational performance metrics, historical results to drive overall efficiency.
  • Must have experience working with senior leaders across other functions such as Analytics, technology, finance, and strategy to drive results.
  • Build resiliency across process to ensure continuous operations with multi location strategy.
  • Effectively manage talent using the talent planning tools and coaching team members to operate at higher level of dimensionality.
  • Drive engagement culture and enable talent retention. Effectively use Rewards and Recognition to motivate staff and encourage performance.
Desired Profile
  • Required to have an higher level of degree in Business, Accounting or Finance
  • Successful candidate will have 18 to 20 years of payments operations experience with emphasis on sanction screening and payment controls.
  • Candidate should have at least 7 years of senior leadership experience, including managing large teams across multiple domestic and international locations.
  • Experience managing OFAC and global sanctions screening of payments strongly preferred.
  • Knowledge and experience with Fircosoft or other common industry sanction screening tools is preferred.
  • Strong track record of building and successfully operating large functions, specifically focusing on sanction screening or payment controls as a utility service.
  • Strong track record of transformation, including experience in driving global projects which leads to change across business segments.
  • Adept at embracing changes and converting them into opportunities for the group.
  • Strong organizational and project management skills with demonstrated ability to manage expectations and deliver on commitments.
  • Strong executive presence with ability to engage / build relationship with senior leaders and influence outcomes.
  • Preferred location is Hyderabad and process may require working partly in the US hours
Industries TypeBFSI
Role SVP - Sanctions Leader
Skills Payment Operations, Payment Sanctions, Payment Controls,
Functional Area BFSI
Education Required to have an higher level of degree in Business, Accounting or Finance
Location Hyderabad,Bangalore
Keywords Payment Operations, Payment Sanctions, Payment Controls,
Contact HR
Telephone 01146547700
Reference id GH/BFSI/JC//18102021//98022/SVP - Sanctions Leader