Senior Associate - EFCC Operations
Bread Financial · Bengaluru · onsite · Posted 2d ago
Undisclosed3–5 yrsfulltimeSourced from
About a minute. You'll make an account on the way through.
About this role
Job Summary
Essential Job Functions
Minimum Qualifications
Preferred Qualifications
Skills
Work Environment
Other Duties
Job Family
Job Type
The Senior Associate is responsible for supporting the team manager with the day to day functions of the EFCC Operations Department in the area of the Bank Secrecy Act and Anti-Money Laundering to ensure all regulatory requirements are met. The candidate is expected to provide a high level of service and be responsive to the needs of all business units served by the Department. The Senior associate is responsible for managing their workload successfully to completion with limited supervision, manage a diverse portfolio of tasks with various deadlines maintain a high level of performance. They are responsible for providing high level of support to the overall management of the BSA program.
Essential Job Functions
- Investigations: Conducts time-sensitive, meticulous investigation on each account and customer activity which is potentially linked to money laundering, terrorist financing, organized crime and other high-profile financial crime activity in order to determine if further investigation is warranted by using internal and external applications - (40%)
- Compliance: Complete investigations within procedurally defined timelines. Complete other time sensitive BSA tasks including, but not limited to, OFAC and PEP screening. Apply internal policies and control procedures with a knowledge and understanding of guidance, laws and regulations - (30%)
- Utilizes alert management systems. Requires proficient Excel skills for data manipulation, sorting, use of functions, and pivot tables - (20%)
- Escalates complex or significant issues to senior compliance associates as appropriate - (10%)
Minimum Qualifications
- Bachelor s Degree or equivalent education in Banking/Finance/Commerce
- 3-5 years of experience to include at least one year of experience in Financial Crimes Compliance, Transaction Monitoring, Sanctions Screening in banking and financial services
Preferred Qualifications
- CAMS
- 3+ years of experience in Financial Crimes Compliance, Transaction Monitoring, OFAC and PEP Screening in banking and financial services
Skills
- Bank Secrecy Act (BSA)
- Anti-Money Laundering (AML)
- Customer Identification Program
- Transaction Monitoring
- Transactional Analysis
- Fraud Detection
- Sanctions Screening
- Microsoft Excel
Reports To: Supervisor and above
Direct Reports: 0
Work Environment
- Normal office environment, hybrid.
Other Duties
This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.
Job Family
Enterprise Risk
Job Type
Regular
Sourced from naukri
Skills
Financial crimeMoney launderingdata manipulationsanctions screeningLendingAnti money launderingfraud detectionFinancial CrimesOfacEnterprise RiskBankingfinancingoperationsFinancial ServicesAmlcompliancefinance
About Bread Financial
Bread Financial
FinTech
900
employees
1996
30 years old
Bengaluru/Bangalore, Karnataka
India
About
Bread Financial offers personalized financial services with digital solutions for payments, lending, and savings, enhancing customer access and flexibility.
Industries
BankingAuto Components
Employee ratings
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