Deadline
Open Deadline
Location
Bengaluru, Karnataka
Salary
Compensation details will be finalized during the interview process with the selected candidate.
Details of the Organization
TerraPay simplifies global money movement – by providing a single connection to the most expansive cross-border payments network regulated in 31 global markets and enabling payments to 144 receive countries, 210+ send countries, 7.5Bn+ bank accounts and 2.1Bn+ mobile wallets. TerraPay is on a mission to connect a borderless financial world, making moving money everywhere instant, reliable, transparent, and fully compliant.
Details of the Job/Internship
TerraPay is hiring a compliance officer to join them in Bengaluru office.
Role and Responsibilities
- Sanctions Screening Program Management: Oversee day-to-day operations related to the Sanctions Screening program, including collaboration with compliance officers to meet company goals.
- Investigation and Analysis: Conduct investigations and analysis to make compliance decisions, including identifying red flags for escalation based on a risk-based approach.
- Screening and Escalation: Screen customers against sanctions lists, perform PEP (Politically
- Exposed Persons) and adverse media screening, and escalate confirmed or suspicious findings.
- Use of Compliance Tools: Conduct manual screening using tools like LexisNexis and adhere to payment compliance obligations.
- Alert Review and Reporting: Review alerts related to illegal activity, global watch lists, and trade sanctions, ensuring alignment with the selected sanction list.
- Regulatory Adherence: Follow global regulatory guidelines, including KYC, KYB, CFT, and PMLA (Prevention of Money Laundering Act) 2002.
- Due Diligence and Risk Assessment: Perform initial and ongoing due diligence and risk assessments of accounts and partners, following a risk-based approach.
- Collaboration with Regional Teams: Liaise with partner compliance teams and Regional Compliance Officers, addressing vulnerabilities and escalating risks.
Eligibility
- Excellent communication skills, both verbal and written, with the ability to interact confidently and professionally with customers and internal stakeholders.
- 1 to 5 years of professional experience in Compliance, Audit, or Forensic Investigations, preferably in the fintech or payment industry.
- Ability to work independently and collaboratively in a fast-paced environment, prioritizing tasks effectively and meeting deadlines consistently.
Salary/Stipend
Compensation details will be finalized during the interview process with the selected candidate.
Type of Opportunity
Fulltime
Country
India
State
Karnataka
City
Bengaluru
Address
Bengaluru, Karnataka
Application and Registration Details
Once you apply, the next steps in the application process will be sent to you via e-mail.
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Contact: [email protected]
Would you like to apply immediately?
Once you apply, the next steps in the application process will be sent to you via e-mail.
