Associate - Compliance Screening

Title: Associate

Location: Bangalore

Role overview:

A successful Sanction Screening Associate ensures that their organization remains compliant with all sanction requirements, helps mitigate legal and financial risks, and contributes to a secure and trustworthy financial environment.

How you will create impact:

• 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.

Essential qualifications:

• Excellent communication skills, both verbal and written, with the ability to interact confidently and professionally with customers and internal stakeholders.
• 1 to 3 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.

Interview rounds & assessments:

• Table for Two:
  A brief chat with one of our Recruiters to assess your foundational competencies and provide an overview of TerraPay.
• Beyond the Bio:
  A discussion with an SME or the RM to evaluate your role-specific knowledge, problem-solving abilities, and gain a deeper understanding of the company and team dynamics.
• Manager Meetup:
  A comprehensive discussion about the role and responsibilities, expectations, and mapping out potential career growth.

Why TerraPay:

TerraPay is a global money movement player on a mission to build a borderless financial world. We believe payments should be instant, reliable, transparent, seamless, and fully compliant.

Registered and regulated across 31 global markets, we are a leading payments partner for banks, mobile wallets, money transfer operators, merchants, and financial institutions.

We are proud to be a twice-certified Great Place to Work and were featured in the 2023 CB Insights Fintech 100 and the 2024 Financial Times 1000 lists.

Our culture & core values:

At TerraPay, we dont just talk about our values—we live by them. Humility, ownership & responsibility, entrepreneurship, global citizenship, and trusting empowerment are the principles that guide everything we do. If you’re looking for a career that offers abundant opportunities for innovation and a culture of excellence, TerraPay is the place to be.

With comprehensive healthcare benefits, cab facilities for our India-based employees, and a generous leave policy, we’ve got you covered. Join us in one of our 10 offices worldwide and collaborate with a diverse team representing 40+ nationalities.