Associate

HSBC; Hyderabad; Hybrid; INR 5,00,000 - 8,00,000; Full time

Job summary

A global banking institution based in Hyderabad is looking for an Associate to handle alert processing and investigations in the Financial Crime Risk domain. The role requires a Bachelor’s/Master’s degree and offers the opportunity to work in a flexible shift environment. Candidates should possess strong communication skills and an understanding of financial regulations and sanctions screening. This position supports professional growth and values diversity in the workplace.

Qualifications

• Fresher or Experienced in Financial Crime Risk Domain.
• Flexibility to work in shifts including Night/Day in a 24/7 format.
• Experience in Sanctions Screening or Transactions Screening Processes.

Responsibilities

• Review and investigate alerts escalated from Level 2.
• Ensure process productivity and quality targets are achieved.
• Complete investigations within defined SLAs.

Skills

Excellent Communication

Microsoft and System Navigation

Ability to manage risk

Education

Bachelor’s/Master’s degree

Tools

SWIFT

ISO payment systems

Job description

Job Title: Associate

Purpose of the role

• This is an Individual Contributor Role, the job holder will work on alert processing, participate in coordinated discussions with line management, business partners for updates and guidance regarding process flow, and procedures and regulatory issues and Manage preliminary investigation reports for the business area to meet established standards in the Service Level Agreement (SLA). The job holder will work at the capacity of an Associate, hence working on the standard alert adjudication at a basic level.
• In Payments Screening, the job holder works on the Live Transactions to screen and identify Sanctions Concerns within the SLA’s.

In this role, you will:

• Review and undertake full investigation of the alerts escalated from Level 2 and sic alert ensure the Potential / True Matches are closed as appropriate; False Positives are discounted as appropriate; RFIs are raised if client information is insufficient to take a decision unable to determine if the Alert is a Sanctioned Watch Person or not.
• To ensure process productivity and quality targets are set, monitored and achieved to ensure optimum resource utilization and achievement of business objectives and customer Service Level Agreements (SLAs)
• MI and other business data requirements are completed accurately and supporting statistics/reports/returns are presented to business/management within agreed timescales
• Investigations/decisions need to be completed within defined SLAs documented within the Global Procedures and as per the standards agreed in the process
• Adhere to the process requirements in accordance with established procedures and set standards and build on the knowledge of latest Sanctions trends
• Common fraud / regulatory risk / errors / irregular escalations are identified and escalated in accordance with procedures in a timely manner.
• All data requirements (timesheets and process information) is accurately updated in a timely manner.
• Establish and maintain effective relationship with all stakeholders and identify areas of service improvements.
• Drive customer centric Quality initiatives and ensure timely effective resolution of escalated issues

To be successful you will:

• A Bachelor’s/Master’s degree from a Recognized Educational Institution or University.
• Fresher or Experienced in Financial Crime Risk Domain
• Flexibility to work in shifts Including Night / Day in a 24/7 Format.
• Flexibility in terms of the Rotational Week-Off’s.
• Basic Microsoft and System Navigation skills.
• Excellent Communication, presentation and inter-personal skills.
• Ability to understand and manage risk.
• Adhering to Hybrid Working Model Policy.
• Experience in Sanctions Screening or Transactions Screening Processes.
• In depth knowledge of SWIFT, ISO and other payment systems
• Understanding about the Global Sanctions Policies and Regulatory Guidelines

Hsbc.Com/Careers

You’ll achieve more at HSBC

HSBC is an equal opportunity employer committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and, opportunities to grow within an inclusive and diverse environment. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.

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***Issued By HSBC Electronic Data Processing (India) Private LTD***