Tech Mahindra Hiring For Transaction Monitoring -Sanction Process

Hi Team,

Please find the below shared JD.

Job Description Sanctions Screening and Transaction Monitoring

Key Responsibilities

Sanctions Screening

• Review sanctions alerts generated through customer, counterparty, payment, or transaction screening.
• Conduct detailed analysis to determine whether alerts are false positives, potential matches, or true matches.
• Perform name-matching analysis using identifiers such as full name, aliases, date of birth, nationality, address, country, and other available information.
• Screen and investigate against applicable global sanctions/watchlists, including OFAC, UN, EU and UK sanctions regimes, depending on client requirements. Screening against OFAC, UN and EU lists is also reflected in existing internal profiles.
• Identify potential exposure involving sanctioned individuals, entities, vessels, countries, jurisdictions, and related parties.
• Escalate potential true matches and cases that cannot be conclusively resolved to the appropriate Compliance/MLRO team. Your existing Analyst role similarly requires sanctions true matches or unresolved cases to be escalated to MLRO/compliance officers.
• Maintain accurate investigation notes and supporting evidence for alert disposition.
• Follow internal sanctions policies, procedures, escalation matrices, and regulatory requirements.
• we need only immediate joiners.

Transaction Monitoring

• Review transaction-monitoring alerts to identify unusual or potentially suspicious activity.
• Analyze customer transaction patterns, account activity, customer profiles, counterparties, geographies, transaction values and expected activity.
• Investigate AML red flags and typologies, including:
• Structuring / smurfing
• Layering and rapid movement of funds
• Unusual cross-border transactions
• High-risk jurisdiction activity
• Rapid movement or withdrawal of funds
• Transactions inconsistent with the customer profile
• Unexplained changes in transaction behavior
• Potential terrorist-financing or sanctions exposure
• Conduct investigations using transaction history, KYC/CDD information, customer risk ratings and relevant supporting documentation.
• Identify cases requiring escalation for further investigation or potential SAR/STR consideration.
• Prepare clear investigation narratives explaining alert rationale, analysis performed, findings and disposition.
• Ensure alerts and cases are completed within agreed SLA/TAT and quality standards.

Required Skills & Experience

• 2 to 3 years of hands-on experience in Sanctions Screening, Transaction Monitoring, AML investigations, or Financial Crime Compliance.
• Good understanding of AML/CFT principles and sanctions compliance.
• Knowledge of major sanctions/watchlist frameworks such as OFAC, UN and EU sanctions.
• Understanding of KYC, CDD, EDD, PEP screening and adverse-media checks.
• Experience investigating and dispositioning sanctions or transaction-monitoring alerts.
• Ability to recognize AML and sanctions red flags and suspicious transaction patterns.
• Strong analytical, investigative and problem-solving skills.
• Strong attention to detail and ability to document investigation rationale clearly.
• Ability to manage case volumes while meeting productivity, quality and SLA targets.
• Good written and verbal communication skills.
• Working knowledge of Microsoft Excel, Word and other MS Office applications.

Preferred Experience / Tools

Exposure to one or more screening, KYC or transaction-monitoring platforms would be advantageous, for example:

• World-Check
• LexisNexis
• Fenergo
• NICE Actimize
• FircoSoft
• Dow Jones Risk & Compliance
• Client-specific or proprietary AML monitoring platforms

Education

• Bachelor's degree