AOAon Life
IND Consultant I – Compliance
Bangalore ₹3-5 LPA Posted 6 Jun 2025
FULL TIME
Risk Assessment
Data Analysis
Compliance Audits
Training Development
Stakeholder Engagement
+2 more
Job Description
- Financial Crime Compliance / Anti-Bribery Anti-Corruption
- Assess client expenditure requests to ensure they align with company policies and applicable legal requirements related to anti-bribery and anti-corruption
- Evaluate the legitimacy and appropriateness of expenses, taking into consideration the context and purpose of the expenditure.
- Analyze gifts acceptance requests to determine compliance with ABAC policies, ensuring that all gifts and business courtesies are appropriate, reasonable, and transparently documented
- Maintain a database of accepted and declined gifts, tracking details such as value, purpose, and recipient
- Conduct risk assessments on client relationships and specific expenditure requests to identify potential red flags related to bribery and corruption.
- Collaborate with the legal and compliance teams to escalate high-risk cases and develop appropriate mitigation strategies
- Maintain accurate records of all expenditure reviews and gifts acceptance, ensuring documentation is complete and readily available for audits and regulatory examinations.
- Prepare regular reports for management summarizing findings, trends, and recommendations related to client expenditure and gifts.
- Screen individuals and entities against global sanction lists issued by OFAC, EU, UN and other international and government agencies along with Adverse Media checks
- Reviewing of individuals and business entities hit by high-risk scenarios
- Identify potential sanctions screening matches, review to identify false positives or potential true matches
- Carry out complex research/investigations in order to confirm whether the potential matches to global sanctions lists are actual matches according to laid down guidelines
- Release or escalate potential matches accordingly as stipulated in the working instruction to originating business unit and relevant compliance department
- Analyze alerts to identify close match/exact match hits based on name/country/address combination
- Basic knowledge of regulatory practices in AML, Anti-Corruption, Anti Bribery, sanctions, adverse media and local law