Cognizant
Process Specialist -SME- Fraud - (Job Number: 00056974663)
This job is now closed
Job Description
- Req#: 2181577
!*!SME/ Process Specialist
The opportunity:
Join our team of professionals focused on anti-money laundering, Client due diligence, sanctions screening, Fraud Reporting and Anti-Bribery Corruption (ABC). We use domain knowledge combined with technology to offer our clients a unique package of operational delivery and excellence, to rebuild compliance frameworks, provide support and recommendations on regulatory requirements as well as implement process enhancements with a commitment to both quantity and quality of delivery. Your role will be driven by our clients’ needs and by your ability to align your domain knowledge to your role requirements for financial crime compliance.
Your key responsibilities
· Review fraud reports submitted by other banks.
· Identify and locate the reported fraudulent payments and accounts.
· Escalate the reported accounts to the fraud prevention team.
· Communicate with other banks on the status of their reported payments and funds doc.
· Request necessary legal documentation for fraud recall procedures.
· Initiate refunds to other banks following fraud investigation.
· Adapt to multi-tasking and meeting deadlines in high-pressure environment.
· Strong documentation skills to clearly articulate on the status of reported payments.
To qualify for the role, you must have:
· A bachelor’s degree and around 5-7 years of work experience and must have a good knowledge on transaction monitoring/KYC/Fraud Detection/Prevention/Reporting experience
· 5+ years of experience in compliance or related position
· Having logical thinking skills
· A degree in finance, accounting, business, or a related discipline
· Exceptional research and analytical skills with the ability to analyse large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type, etc.) and develop well-reasoned recommendations.
· Strong proven communication skills and demonstrated through effective writing and presentations to clients and internal stakeholders.
· Flexibility to work in different shifts and weekly off as per business requirement.
· Ready to work from Office.
!*!Technical Skills
SNo Primary Skill Proficiency Level * Rqrd./Dsrd. 1 Speaking English PL1 Desired 2 MS Excel PL1 Required 3 MS Office PL1 Required 4 MS Word PL1 Required Domain Skills
SNo Primary Skill Proficiency Level * Rqrd./Dsrd. 1 Mortg Origination Underwriting NA Desired 2 COTS Products(BFS ConsLend) NA Desired * Proficiency Legends
Proficiency Level Generic Reference PL1 The associate has basic awareness and comprehension of the skill and is in the process of acquiring this skill through various channels. PL2 The associate possesses working knowledge of the skill, and can actively and independently apply this skill in engagements and projects. PL3 The associate has comprehensive, in-depth and specialized knowledge of the skill. She / he has extensively demonstrated successful application of the skill in engagements or projects. PL4 The associate can function as a subject matter expert for this skill. The associate is capable of analyzing, evaluating and synthesizing solutions using the skill. About the company
Cognizant is a multinational technology company that provides business consulting, information technology and outsourcing services.
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