About PhonePe Group:
PhonePe is India’s leading digital payments company with 50 crore (500 Million) registered users and 3.7 crore (37 Million) merchants covering over 99% of the postal codes across India. On the back of its leadership in digital payments, PhonePe has expanded into financial services (Insurance, Mutual Funds, Stock Broking, and Lending) as well as adjacent tech-enabled businesses such as Pincode for hyperlocal shopping and Indus App Store which is India's first localized App Store. The PhonePe Group is a portfolio of businesses aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.
Culture
At PhonePe, we take extra care to make sure you give your best at work, Everyday! And creating the right environment for you is just one of the things we do. We empower people and trust them to do the right thing. Here, you own your work from start to finish, right from day one. Being enthusiastic about tech is a big part of being at PhonePe. If you like building technology that impacts millions, ideating with some of the best minds in the country and executing on your dreams with purpose and speed, join us!
Job Description
The Quality Analyst will be responsible for performing Audits on alerts resolved by Level 1 reviewers where Sanction Screening was performed. Quality Analyst will work extensively with the functional leaders, level 1 review team and support functions to maintain production and quality of the highest standard.
The Quality Analyst will be responsible for creating samples for audits, reviewing Level 1 investigations, and preparing audit reports.
The Quality Analyst will also perform Enhance Due Diligence (Level 2 Sanctions Screening), analyse data, and record, and communicate this decision clearly and concisely.
The Quality Analyst is also responsible for maintaining documentation for each Enhance Due Diligence (Level 2 Sanctions Screening) and compliance with all governing regulations and institutional policies and procedures.
The Quality Analyst is responsible for developing SOPs, logic, and training content. The Quality Analyst will work closely with multiple stakeholders to integrate new businesses and assist in developing the screening function.
Responsibilities:
- Conduct Level 2 risk management investigations.
- Interpret evidence from internal and external tools and systems.
- Perform required tasks per regulations, business policy and procedures as per SOP
- Demonstrated ability to conduct research, work independently and make complex investigation decisions with little or no guidance within the ambit of workflow/procedure
- Perform monthly audits and prepare reports.
- Analyse EDD trends and share reports with stakeholders.
- Work with stakeholders in implementing screening for new products and regulations.
Education:
- Bachelor's degree · Working knowledge of Anti-Money Laundering (AML) laws and regulations, OFAC regulations.
- 3 - 6 years experience in AML/Sanctions audit/QA/EDD/Sanctions risk management.
Skills:
- Sanctions and screening (name and transaction) surveillance skills
- Analysis skills: able to analyse data, working knowledge of Internet and MS Office Suite & independently assimilate, analyse and evaluate information from disperse data sources to determine a course of action (e.g. case closure or escalation), and record and communicate this decision clearly and concisely.
Attributes:
- Successful candidate's prior experience in AML Transaction Monitoring/Sanction Watchlist Screening/ Enhance Due Diligence investigation and demonstrates key skills including logical thinking, problem-solving, deep dives, analysing details and an investigative mindset.
- Keen attention to detail & risk identification
- Experience in handling multiple projects and implementations.
- Good communication both written and verbal English skills
- Ability to independently research, analyse, and recommend solutions to close open items and discrepancies
- Outstanding analytical and investigative skills combined with the ability to navigate through ambiguity in a fast-paced, multifaceted environment
- Ability to operate in the grey space and learn from experience and identified trends.
- Ability to articulate research findings to document that a reasonable investigation has been conducted.
- Adaptability to learn new processes, concepts and skills and an eye for detail
- Self-disciplined, diligent, proactive and detail-oriented
- Ability to maintain high levels of confidentiality and data security standards
- Experience with Microsoft Office, including Outlook, Word, and Excel
PhonePe Full Time Employee Benefits (Not applicable for Intern or Contract Roles)
- Insurance Benefits - Medical Insurance, Critical Illness Insurance, Accidental Insurance, Life Insurance
- Wellness Program - Employee Assistance Program, Onsite Medical Center, Emergency Support System
- Parental Support - Maternity Benefit, Paternity Benefit Program, Adoption Assistance Program, Day-care Support Program
- Mobility Benefits - Relocation benefits, Transfer Support Policy, Travel Policy
- Retirement Benefits - Employee PF Contribution, Flexible PF Contribution, Gratuity, NPS, Leave Encashment
- Other Benefits - Higher Education Assistance, Car Lease, Salary Advance Policy
Working at PhonePe is a rewarding experience! Great people, a work environment that thrives on creativity, the opportunity to take on roles beyond a defined job description are just some of the reasons you should work with us. Read more about PhonePe on our blog.
